Published On: Fri, Oct 12th, 2018

Portugal credit rating lifted to investment grade by Moody’s

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Portugal rating raised

Moody’s raised Portugal’s credit rating to Baa3 from Ba1 and changed the outlook to stable from positive.

Portugal had a rating of Aa2 back in 2010 but was downgraded several times before falling to Ba3 in 2012. It’s slowly crawled back since but this was the first upgrade since 2014.


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