Fitch Revises Outlook on Portugal to Positive; Affirms at ‘BB+’

Fitch Ratings has revised the Outlook on Portugal’s Long-term foreign and local currency Issuer Default Rating (IDRs) to Positive from Negative and affirmed the IDRs at ‘BB+’. The agency has also affirmed Portugal’s Short-term foreign-currency IDR at ‘B’ and Country Ceiling at ‘A+’. …

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Fitch Revises Outlook on Portugal to Positive; Affirms at ‘BB+’