BUDAPEST, March 21 Standard & Poor's revised Hungary's rating to negative from stable on Thursday to indicate a potential for a downgrade if concerns over Hungary's policy framework hurt economic growth prospects or boost financing costs, it said in a statement.
"The negative outlook reflects our view that there is at least a one-in-three possibility that we could lower the ratings over the next year if Hungary's economic recovery weakens significantly, if banks accelerate their withdrawal of credit, or if we see external or government finances weaken materially," it said.
The agency revised its outlook on its 'BB' long-term sovereign credit rating on Hungary to negative from stable and affirmed the 'BB/B' long- and short-term sovereign ratings on Hungary.
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.