Announcements
Drinks
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.
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.
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.
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