Moody’s upgrades Portugal’s government bond rating to Ba2 and places rating on review for further upgrade

Moody’s Investors Service (“Moody’s”) has today upgraded Portugal’s government bond rating to Ba2 from Ba3. In addition, the rating agency placed the Ba2 rating on review for possible further upgrade. The rating action was triggered by the following key factors: 1) Portugal’s fiscal situation …

View original post here: 
Moody’s upgrades Portugal’s government bond rating to Ba2 and places rating on review for further upgrade