Friday , March 22 2019
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S & P raises sovereign rating of Portugal



Standard & Poor's on Friday raised Portugal's credit rating to BBB against BBB by lowering its positive outlook for stability.

The rating agency is driving its decision by reducing the country's public debt and balanced growth.

S & P also notes that Portugal has taken at least steps to mitigate the effects on tourism of Brexit possible without consent.

Portuguese banks still face obstacles due to weak credit demand, according to S & P.

Patrick Vignell to the French service


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