POUPANÇA NO MINUTO
CLASSIFICADOS AUTO
Moody's keeps Portugal's 'A3' rating with stable outlook
The financial rating agency Moody's today kept Portugal's 'rating' unchanged, at 'A3', with a 'stable' outlook, and considered the risk of early elections to be high.
© Lusa
Economia Moody´s
Moody's last assessment of Portuguese sovereign debt was in November of last year, when it raised the 'rating' from 'Baa2' to 'A3'.
In a note published on its 'site', Moody's considers that Portugal's 'rating' is supported by "its competitive and diversified economy, relatively high levels of wealth and strong institutional strength" and that, since the last assessment, the country's evolution "has been generally consistent with the expectations" of the agency.
The agency projects a growth in the Portuguese economy of 1.8% in 2024 and 1.9% in 2025, also noting that, despite the reduction registered, the ratio of public debt to Gross Domestic Product (GDP) remains high.
According to Moody's, the stable outlook reflects the opinion "that the risks to Portugal's credit profile at the 'A3' rating level are balanced".
"More positive trends in economic and budgetary strength than Moody's currently expects are balanced against recent evidence of political risks," it points out.
For Moody's, "the early elections in March 2024 did not result in a clear government majority and the risks of new early elections in late 2024 are high".
Among the other main agencies, Standard & Poor's rates Portuguese sovereign debt at 'A-', with a positive outlook, Fitch at 'A-', with a 'stable' outlook, and DBRS at 'A', with a 'stable' outlook.
The next financial rating agency to comment on Portugal will be DBRS on July 19.
The calendars of the 'rating' agencies are merely indicative, and they may choose not to comment on the scheduled dates or to proceed with an unscheduled assessment.
The 'rating' is an assessment attributed by financial rating agencies, with a major impact on the financing of countries and companies, as it assesses the credit risk.
Read Also: Moody's evaluates Portugal's 'rating' this Friday. Change on the way? (Portuguese version)
Descarregue a nossa App gratuita.
Oitavo ano consecutivo Escolha do Consumidor para Imprensa Online e eleito o produto do ano 2024.
* Estudo da e Netsonda, nov. e dez. 2023 produtodoano- pt.com
Recomendados para si
Classificados Auto
Leia Também
Últimas Notícias
Mais lidas
- Última hora
- Dia
- Semana
-
1
economia Navegante
Navegante permite estacionamento grátis em três parques de Lisboa
-
2
-
3
economia Taxas
-
4
economia sindicato
Greve nos Transportes Coletivos do Barreiro com adesão de 100%
-
5
economia Governo
-
6
economia Imóveis
Arrendar casa no Porto está cada vez mais caro. Confira os valores
-
7
-
8
-
9
-
10
