Ratings agencies

Fitch kept Portugal’s rating at ‘A’ unchanged on Friday but improved the outlook from stable to positive. The decision comes after in March the North American rating agency did not change [...]

The US ratings agency Moody’s increased the rate of Novobanco’s non-secured senior debt from Ba1 to Baa3 on Thursday with a ‘positive outlook’. It means that bank’s investment prospects are no [...]

Business analysts have voiced concerns over yesterday’s elections in Portugal saying a hung parliament, the prospect of the country’s State Budget for 2025 not being passed, and risks to [...]

Just over 10 years ago Portugal’s credit ratings from the major ratings agencies stood at ‘junk’ status (non-investment) or high-risk investment grades. Stories abounded of angry Portuguese [...]

The ratings agency Fitch has upgraded Novobanco’s investment rating after the bank had presented significant improvements since it was bought out by US equities and asset management fund Lone [...]

Following the example of Moody’s, the ratings agency Standard & Poor’s has improved the risk level of Portuguese airline TAP from B+ to BB- with “stable outlook”. It says it expects more [...]

It was a move that had no been expected because of the current political instability and a slowdown in Portugal’s exports, but the US ratings agency Moody’s has increased Portugal’s rating to ‘A [...]

The US ratings agency Moody’s is unlikely to raise Portugal’s rating because of its current political crisis according to analysts. It was expected to up Portugal’s rating today from ‘Baa2’ to [...]

The President of the Algarve Tourism Region (RTA), André Gomes said in an interview with ECO online news that one of the objectives of his term in office is to introduce a tourism tax in all of [...]

The US ratings agency Moody’s has increased the debt rating of Portuguese airline TAP from B2 to B1 with a stable outlook ahead of its privatisation next year. It said that its “strong and [...]