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Budapest's credit rating falls to 'junk' as funding row with Orbán government deepens

Budapest's credit rating falls to 'junk' as funding row with Orbán government deepens

30.12.2025 18:07 | Euronews World

The City of Budapest has been downgraded to "junk" rating by Moody’s and placed on review for further cuts, a move that could increase borrowing costs as the liberal mayor led capital butts heads with the PM.

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