Agência para o Investimento e Comércio Externo de Portugal


The financial rating agency Standard and Poor's (S&P) has reaffirmed the assessment of Portuguese sovereign debt at 'BBB+', with a stable outlook.

In a report, S&P explains that the stable outlook reflects the expectation “that the high levels of public and external debt in Portugal will continue to decline, balancing the risks to economic growth and the budgetary trajectory arising from a potential stagflation in the Europe” and the uncertainty of the geopolitical context.

In September last year, the agency had raised the 'rating' (notation) of Portugal from 'BBB' to 'BBB+', changing the outlook to stable.