Fitch maintains Portugal’s rating at “A” and upgrades outlook from stable to positive in anticipation of further debt-to-GDP reduction
Bankinter | Fitch maintains Portugal’s rating at “A” and upgrades the outlook to positive from stable, pointing to the possibility of a future upgrade if the trajectory of public debt reduction continues. The agency explained that the change in outlook reflects its expectation that the public debt-to-GDP ratio will continue to decline significantly in the coming years, supported by a fiscal policy considered prudent and budget deficits lower than those…
