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![Scope affirms Portugal’s credit ratings at A- with Stable Outlook](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_e87be996fcbe3766cdb7a2494e55714a6108e6f8f640dc50c75cfc8d724bbaf9.jpg)
16/2/2024 Rating announcement EN
Scope affirms Portugal’s credit ratings at A- with Stable Outlook
Enhanced macro-economic stability, a strong record of prudent fiscal policy and debt reduction, and a favourable debt structure anchor the ratings. Still high public debt and a limited growth potential are credit constraints.
![Scope affirms Portugal’s BBB+ ratings, revises Outlook to Positive from Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_c8f821331bfa62a625e73f4a3c434ae9f8b67305688a8e7746c51ba70610cd4a.jpg)
13/5/2022 Rating announcement EN
Scope affirms Portugal’s BBB+ ratings, revises Outlook to Positive from Stable
Sustained fiscal improvements backed by sound long-term growth prospects drive the outlook revision. An elevated stock of public debt and exposure to global shocks as a small, open economy are challenges.
![Scope upgrades Portugal’s credit rating to BBB+ and revises the Outlook to Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_58ac6eb174ebc36969886358ec8ec0ecbc4ba388e9f63b98945c95932be6a2c3.jpg)
31/1/2020 Rating announcement EN
Scope upgrades Portugal’s credit rating to BBB+ and revises the Outlook to Stable
A prudent fiscal policy, sustained public debt reduction, a resilient debt profile and the gradual unwinding of economic imbalances drive the upgrade; a modest growth potential, high external debt and implicit liabilities are constraints.
![Scope affirms Portugal’s credit rating at BBB and revises the Outlook to Positive](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_48f5a2ad4c461054aad1dcaced04b034984880f3128a612f13f27b17f308fb89.jpg)
5/4/2019 Rating announcement EN
Scope affirms Portugal’s credit rating at BBB and revises the Outlook to Positive
Sustained public debt reduction, a resilient debt profile, and the gradual unwinding of economic imbalances drive the outlook change; high public, private and external debt levels, elevated implicit liabilities and low growth potential are constraints.
![Scope affirms Portugal’s credit rating of BBB with Stable Outlook](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_48f5a2ad4c461054aad1dcaced04b034984880f3128a612f13f27b17f308fb89.jpg)
8/6/2018 Rating announcement EN
Scope affirms Portugal’s credit rating of BBB with Stable Outlook
The economic recovery, reduction of economic, fiscal and external imbalances and a favourable debt structure support the rating; high public, private and external debt levels, elevated implicit liabilities and low growth potential are constraints.
![Scope confirms and publishes Portugal’s credit rating of BBB, changes Outlook to Stable](/.resources/scoperatings/webresources/img/logo_blue.jpg)
30/6/2017 Rating announcement EN
Scope confirms and publishes Portugal’s credit rating of BBB, changes Outlook to Stable
Euro area membership, improving fiscal performance, commitment to structural reforms, and a favourable public-debt profile support the rating; high private and public debt, structural rigidities and challenges in the banking system are constraints.
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