Moody’s upgrades Portugal’s government bond rating to Ba1 and assigns stable outlook

Moody’s Investors Service has today upgraded Portugal’s government bond rating to Ba1 from Ba2. The outlook on the rating is now stable. Portugal’s short-term debt rating remains unchanged at Not-Prime. Today’s rating action concludes the review for upgrade that Moody’s initiated on 9 May 2014. T…

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Moody’s upgrades Portugal’s government bond rating to Ba1 and assigns stable outlook