The US ratings agency is more pessimistic than the government regarding Portugal’s public debt this year and next. The agency, according to Executive Digest and Negócios, believes that Portugal [...]
“The real estate boom” over the past few years are “over” reports CNN Negócios with prices falling up to 3% in Portugal this year. The forecast is from the ratings agency Moody’s which points to [...]
The ratings agency Moody’s has warned Portugal that it will fail to meet its deficit target if it extends financial support to companies beyond the first quarter of next year. It is says that it [...]
The ratings agency Standard & Poor’s has raised Portugal’s rating one level to BBB+ because of its growth and budget. The Bank of Portugal (BoP) posted a primary surplus for 2022 and a GDP [...]
Portugal’s renewable energy company GreenVolt has received its first rating from a ratings agency. The company led by João Manso Neto got a BBB investment grade rating from European ratings [...]
S&P Global Ratings has issued a rating notice for Portugal’s Banco Comercial Português confirming its current classification of ‘BB/B’. The rating is based on the conviction that the bank has [...]
Portugal’s bank BCP has been awarded an investment grade rating 11 years after the banking crisis in Portugal which saw its rating plummet to speculative or ‘junk’ status. The bank’s CEO Miguel [...]
The ratings agency Fitch has maintained Portugal’s rating at BBB with a positive outlook. The ‘positive outlook’ which has replaced its previous ‘stable outlook is down to [...]
The ratings agency Moody’s has warned that snap elections could be inconclusive which would result in a political deadlock that would be “a bad thing for credit”. The deadlock would also bring [...]
The ratings agency Moody’s has finally improved Portugal’s rating from the lowest investment grade status after ‘junk’. Portugal’s rating has now gone from Baa3 to Baa2 with a stable outlook. [...]