Fitch Downgrades Portugal

Fitch ratings downgraded Portugal’s Long term foreign and local currency Issuer Default Ratings to ‘A-‘ from ‘A+’ . The cut reflects resignation of PM and increased risk to policy implementation in light of failure to adopt austerity measures. Fitch placed them on Rating Watch Negative.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.