S&P improves TAP’s risk rating
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 [...]
Moody’s raises Portugal’s rating to ‘A3’
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 [...]
Moody’s to put stay on rate rise?
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 [...]
Algarve tourism board calls for tourist tax in all municipalities
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 [...]
Moody’s ups TAP rating to B1 with positive outlook
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 [...]
Fitch hikes Portugal’s sovereign debt rating to ‘A’
The US ratings agency has raised the rating of Portugal’s sovereign debt from BBB+ to A- with a stable outlook. It means that Portugal has at last achieved coveted ‘A’ status after years in which [...]
Moody’s praises Portugal’s reforms
The international ratings agency Moody’s has given the thumbs up for Portugal’s performance in terms of growth potential and reforms. The agency said on Friday said that Portugals positive [...]
Moody’s mulls rating hike for Portugal
Portugal’s careful budget control is likely to result in the ratings agency Moody’s raising the country’s rating today according to analysts. Moody’s currently evaluates Portugal’s rating at Baa2 [...]
Fitch maintains Portugal’s BBB+ rating
The ratings agency Fitch has maintained Portugal’s sovereign debt rating at BBB+ with a stable outlook. It is the third ratings agency to keep Portugal’s rating unaltered this year. In a [...]
Moody’s upgrades TAP
The US ratings agency Moody’s has raised the rating of Portuguese State-run airline TAP in the wake of its CEO Christine Ourmières-Widener having returned the airline from a loss to a [...]
