Ratings agencies

The ratings agency Moody’s has warned that snap elections could be inconclusive which would result in a political deadlock that would be “a bad thing for credit”. The deadlock would also bring [...]

The ratings agency Moody’s has finally improved Portugal’s rating from the lowest investment grade status after ‘junk’. Portugal’s rating has now gone from Baa3 to Baa2 with a stable outlook. [...]

Portugal’s public bank Caixa Geral de Depósitos has finally been removed from rating agency Moody’s ‘junk’ list. It means that following a long and difficult restructuring process led by the [...]

The ratings agency DBRS is likely to maintain its stable rating outlook for Portugal but has also issued a warning about the country’s rising debt which stands at 130% of GDP. The Canadian [...]