Announcements
Drinks
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.
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.