Fitch upgrades Portugal to A+, its best credit rating in 15 years
www.euronews.com
The upgrade reflects years of falling public debt and stronger-than-expected growth in Portugal, Fitch said, restoring a rating not seen since 2011. President Seguro hailed the news, though Fitch cautioned that defence spending and housing costs still pose risks.

Ratings agency Fitch has upgraded Portugal’s sovereign debt rating from “A” to “A+”, with a “stable outlook”, the company said in a notice published on its website (source in Portuguese), keeping pace with the recent wave of confidence shown by other ratings agencies and investors in the country, according to Portugal’s Agency for Investment and Foreign Trade (AICEP). According to the Portuguese government, “all financial ratings agencies” assign Portugal an “A” rating.