Standard and Poor’s Returns to rating from Portugal

by Andrea
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Standard and Poor's Returns to rating from Portugal

The US agency, one of the largest and most important in the world, highlights budgetary prudence and also the reduction of public debt.

Standard and Poor’s rating agency has raised the note to Portugal that is now in a high levels.

The US agency, one of the largest and most important in the world, highlights budgetary prudence and also the reduction of public debt.

It also highlights the robustness of the labor market and the reduced level of unemployment.

Standard and Poor’s agency considers unlikely early elections in Portugal later this year. And it even leaves an open rating climb, even taking into account the risks associated with the uncertainties created by a trade war, with the rates applied by the administration of Donald Trump.

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