{"id":38759,"date":"2023-06-04T08:49:00","date_gmt":"2023-06-04T05:49:00","guid":{"rendered":"https:\/\/economic.karpat.in.ua\/?p=38759"},"modified":"2023-06-04T06:06:22","modified_gmt":"2023-06-04T03:06:22","slug":"allamcsod-fenyegeti-belaruszt-a-moodys-szerint","status":"publish","type":"post","link":"https:\/\/economic.karpat.in.ua\/?p=38759&lang=hu","title":{"rendered":"\u00c1llamcs\u0151d fenyegeti Belaruszt a Moody\u2019s szerint"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>A lehets\u00e9ges legrosszabb, gyakorlatilag \u00e1llamcs\u0151d\u00f6t jelz\u0151 besorol\u00e1si szintre min\u0151s\u00edtette vissza Feh\u00e9roroszorsz\u00e1got a Moody\u2019s Investors Service. A nemzetk\u00f6zi hitelmin\u0151s\u00edt\u0151 els\u0151sorban azzal indokolta a l\u00e9p\u00e9st, hogy Feh\u00e9roroszorsz\u00e1g egyoldal\u00faan saj\u00e1t valut\u00e1j\u00e1ra denomin\u00e1lta \u00e1t devizak\u00f6telezetts\u00e9geinek t\u00f6rleszt\u00e9s\u00e9t, \u00e9s a Moody\u2019s min\u0151s\u00edt\u00e9si m\u00f3dszertana szerint ez t\u00f6rleszt\u00e9si cs\u0151dnek felel meg.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A c\u00e9g p\u00e9ntek \u00e9jjel Londonban bejelentette, hogy az eddigi \u201eCa\u201d-r\u00f3l \u201eC\u201d-re rontotta Feh\u00e9roroszorsz\u00e1g deviz\u00e1ban \u00e9s helyi valut\u00e1ban fenn\u00e1ll\u00f3 hossz\u00fa futamidej\u0171 szuver\u00e9n ad\u00f3ss\u00e1g\u00e1llom\u00e1ny\u00e1nak besorol\u00e1s\u00e1t. A Moody\u2019s oszt\u00e1lyzati list\u00e1j\u00e1n a \u201eC\u201d besorol\u00e1s a legrosszabb min\u0151s\u00edt\u00e9si szint, amely a m\u00e1r be\u00e1llt t\u00f6rleszt\u00e9si cs\u0151d\u00f6t jelzi.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/06\/belorusz-feheroroszorszag-1024x683.jpg\" alt=\"\" class=\"wp-image-38760\" srcset=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/06\/belorusz-feheroroszorszag-1024x683.jpg 1024w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/06\/belorusz-feheroroszorszag-300x200.jpg 300w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/06\/belorusz-feheroroszorszag-768x512.jpg 768w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2023\/06\/belorusz-feheroroszorszag.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Az oszt\u00e1lyzatront\u00e1shoz f\u0171z\u00f6tt indokl\u00e1s szerint a Feh\u00e9roroszorsz\u00e1gra meg\u00e1llap\u00edtott \u201eC\u201d besorol\u00e1s a Moody\u2019s azon v\u00e1rakoz\u00e1s\u00e1t t\u00fckr\u00f6zi, hogy az ukrajnai h\u00e1bor\u00fa elh\u00faz\u00f3d\u00e1sa miatt a k\u00fclf\u00f6ldi szankci\u00f3k k\u00f6z\u00e9pt\u00e1von is korl\u00e1tozz\u00e1k Feh\u00e9roroszorsz\u00e1g k\u00e9pess\u00e9g\u00e9t devizaad\u00f3ss\u00e1g-szolg\u00e1lati k\u00f6telezetts\u00e9geinek teljes\u00edt\u00e9s\u00e9re, \u00e9s ez val\u00f3sz\u00edn\u0171leg 65 sz\u00e1zal\u00e9kot maghalad\u00f3 vesztes\u00e9get okoz a k\u00f6tv\u00e9nybefektet\u0151knek. Az oszt\u00e1lyzat az elemz\u00e9s szerint azt is jelzi, hogy a Moody\u2019s v\u00e1rakoz\u00e1sa szerint Feh\u00e9roroszorsz\u00e1g mindaddig devizak\u00f6tv\u00e9ny-t\u00f6rleszt\u00e9si cs\u0151dhelyzetben marad, am\u00edg t\u00e1mogatja az Ukrajna elleni orosz agresszi\u00f3t, \u00e9s am\u00edg az emiatt kir\u00f3tt szankci\u00f3k \u00e9rv\u00e9nyben maradnak.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Moody\u2019s indokl\u00e1sa szerint v\u00e1rhat\u00f3 az is, hogy a szankci\u00f3k tart\u00f3s k\u00e1rokat okoznak a feh\u00e9rorosz gazdas\u00e1g n\u00f6veked\u00e9si potenci\u00e1lj\u00e1nak, tekintettel a mag\u00e1nszektorban uralkod\u00f3 egyre nehezebb kond\u00edci\u00f3kra, amelyek a szakk\u00e9pzett munkaer\u0151 elv\u00e1ndorl\u00e1s\u00e1hoz vezetnek, \u00e9s fennakad\u00e1sokat okoznak az olyan dinamikus \u00e1gazatok m\u0171k\u00f6d\u00e9s\u00e9ben, mint a kommunik\u00e1ci\u00f3s \u00e9s inform\u00e1ci\u00f3technol\u00f3gia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A hitelmin\u0151s\u00edt\u0151 elemz\u00e9se szerint Feh\u00e9roroszorsz\u00e1g brutt\u00f3 nemzetk\u00f6zi tartal\u00e9kai az \u00e1prilisi \u00e1llapot alapj\u00e1n 8 milli\u00e1rd doll\u00e1r k\u00f6zel\u00e9ben j\u00e1rtak. Ez nagyon alacsony, de a tavaly decemberi helyzethez m\u00e9rve viszonylag stabil szint, \u00e9s nem sokkal marad el az ukrajnai h\u00e1bor\u00fa kezdete el\u0151tti \u00e9rt\u00e9kt\u0151l.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Moody\u2019s k\u00f6z\u00f6lte ugyanakkor, hogy becsl\u00e9se szerint a saj\u00e1t defin\u00edci\u00f3ja alapj\u00e1n \u2013 vagyis az arany- \u00e9s az SDR-tartal\u00e9k kisz\u0171r\u00e9s\u00e9vel \u2013 sz\u00e1molt devizatartal\u00e9k sokkal alacsonyabb, hozz\u00e1vet\u0151leg 3 milli\u00e1rd doll\u00e1r lehetett \u00e1prilisban. Ez k\u00f6r\u00fclbel\u00fcl egyhavi importfedezetnek felel meg, \u00e9s emiatt a feh\u00e9rorosz gazdas\u00e1g rendk\u00edv\u00fcl sebezhet\u0151 a kedvez\u0151tlen sokkhat\u00e1sokt\u00f3l \u2013 \u00e1ll a hitelmin\u0151s\u00edt\u0151 elemz\u00e9s\u00e9ben.<\/p>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong><a href=\"https:\/\/www.vg.hu\/nemzetkozi-gazdasag\/2023\/06\/allamcsod-fenyegeti-belaruszt-a-hitelminosito-szerint?utm_source=hirstart&amp;utm_medium=referral&amp;utm_campaign=hiraggregator\" target=\"_blank\" rel=\"noreferrer noopener\">(vg.hu)<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A lehets\u00e9ges legrosszabb, gyakorlatilag \u00e1llamcs\u0151d\u00f6t jelz\u0151 besorol\u00e1si szintre min\u0151s\u00edtette vissza Feh\u00e9roroszorsz\u00e1got a Moody\u2019s Investors Service. <\/p>\n","protected":false},"author":12,"featured_media":38760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,49,39],"tags":[938,163443,51153,169641],"class_list":["post-38759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cikkek","category-hirek","category-vilag","tag-feheroroszorszag","tag-hitelminosito","tag-leminosites","tag-moodys-investors-service"],"_links":{"self":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/38759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38759"}],"version-history":[{"count":1,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/38759\/revisions"}],"predecessor-version":[{"id":38761,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/38759\/revisions\/38761"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/media\/38760"}],"wp:attachment":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}