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        Ratings agencies

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        By Christopher Graeme
        In GDP, News, Ratings agencies
        Posted 30 Janeiro, 2023

        Fitch forecasts Portugal’s debt at 113.5%

        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 [...]

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        0
        By Christopher Graeme
        In News, Ratings agencies, Real Estate
        Posted 11 Janeiro, 2023

        Real Estate: is the boom over?

        “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 [...]

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        0
        By Christopher Graeme
        In News, Public debt, Ratings agencies
        Posted 25 Novembro, 2022

        Moody’s in deficit warning to Portugal

        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 [...]

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        0
        By Christopher Graeme
        In News, Ratings agencies
        Posted 12 Setembro, 2022

        Portugal rating to BBB+

        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 [...]

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        By Christopher Graeme
        In News, Ratings agencies, Renewables
        Posted 5 Setembro, 2022

        GreenVolt gets first rating

        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 [...]

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        By Christopher Graeme
        In Banks, News, Ratings agencies
        Posted 22 Julho, 2022

        S&P confirms BCP rating

        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 [...]

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        By Christopher Graeme
        In Banks, News, Ratings agencies
        Posted 15 Junho, 2022

        BCP returns to investment rating at Moody’s

        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 [...]

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        0
        By Christopher Graeme
        In Economy, News, Ratings agencies
        Posted 9 Maio, 2022

        Fitch maintains BBB Portugal rating

        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 [...]

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        0
        By Christopher Graeme
        In EU Bazooka, News, Ratings agencies
        Posted 1 Novembro, 2021

        Moody’s warns snap elections could cause political deadlock

        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 [...]

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        0
        By Christopher Graeme
        In Economy, News, Ratings agencies
        Posted 20 Setembro, 2021

        Moody’s ups Portugal rating

        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. [...]

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