Bloomberg News

Hungary Says Moody’s Downgrade Part of ‘Financial Attack’

November 25, 2011

Nov. 25 (Bloomberg) -- Moody’s Investors Service’s decision to cut Hungary’s sovereign credit grade to junk has “no basis” and is part of a “financial attack” against the country, the Budapest-based Economy Ministry said in an e-mailed statement today.

To contact the editor responsible for this story: Zoltan Simon at zsimon@bloomberg.net


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