S&P Raises Portugal'’s Credit Ranking To BBB-; Keeps Stable Outlook

By | September 16, 2017

Rating agency S&P Global Scores raised Portugal’s credit score to investment grade on Friday and kept the stable outlook.

The nation’s credit score was raised by a notch to ‘BBB-‘ from ‘BB+’, pointing out strong economic and budgetary performance.

The company also raised the nation’s development projection to 2 percent each for 2017-2020.

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