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Portugal’s Bond Rating Outlook Raised to Positive by S&P

  • S&P sees GDP growth of 1.8% in 2019 versus 2.1% in 2018
  • Socialist government will face a general election in October
Updated on

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The outlook on Portugal’s government bond rating was revised to positive from stable by S&P Global Ratings, reflecting its view that the country is better equipped to service its external obligations.