OriginalSourceECO NewsPortugalLeanUnratedCredibilityUnratedPublished15:08 UTCSourceECO NewsPortugalLeanUnratedCredibilityUnratedPublished15:08 UTC
“DBRS keeps Portugal at ‘A’ high with positive outlook”
“Morningstar DBRS kept Portugal’s sovereign rating at A (high) with a positive outlook, backing the country’s debt reduction path despite geopolitical and housing risks.”
DBRS maintains Portugal at A (high) with positive outlook
Key points
- DBRS affirmes Portugal’s sovereign rating at A (high) with a positive outlook.
- Debt-to-GDP ratio expected to continue falling, with growth stronger than anticipated.
- Fiscal position deemed among the strongest in the euro area due to revenue growth.
- Main downside risk: Middle East conflict potentially raises energy prices and weakens demand.
- Budget surpluses expected to be harder to maintain without new measures.
How it got here
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