Moody’s leaves from Portugal ‘A3’ rating ‘rating’
The assessment of Portugal reflects the competitive and different economy, relatively high levels of wealth, as well as higher institutional energy.
Mark Lennihan
Financial notation agency Moody’s He chose this Friday for leaving Portugal’s ‘rating’, but in ‘A3’, with ‘LO Tutk’ (perspective) “Steady”.
“Moody’s ratings have completed the periodic review of Portugal (…) signs. This publication has not announced the classification action,” he said in a statement
As necessary, the assessment of Portugal reflects the competitive and different economy, relatively high levels of wealth, as well as higher institutional power.
However, there are challenges such as a higher government debt ratio compared to many countries with such evaluation.
The document also refers to Legislative electionsWith this Sunday, the growth of political uncertainty with the agency of Portugal not to significantly affect Portugal’s financial and tax trends.
Moody’s predictions are real GDP growth – 2.2% gross domestic product in 2025 and 1.9% in 2026, but in this suggestion it points out that US tariffs can be weighted.
On the other hand, He believes that strong economic growth and budget surplus will be recorded in 2025-2026.
The perspective “Constantly” Reflecting that the risks are balanced.
The most positive trends at the financial and tax level Due to the lower expected external demand because the negatives are fined “Parliamentary Fragmentation”.
Portugal is also vulnerable to weather accidentsThis can have a more negative impact than what is provided in tax metrics.
Moody’s argued that investment projects connected to the National Recovery and Resolution Plan (PRR) would support higher growth through “more effective” investment projects and gross economic reforms.
Scope Financial Gastinal Agency also decided this Friday Maintain Portugal’s ‘rating’ in “A”.
Weight for this decision “A significant reduction in public loans”Support of improvements in prudent budget policy history and economic elasticity.
In November, the agency has climbed a long -term rating from Portugal to “A” and “stable” the perspective.
This year, both DBRs and S&P Improved the classification of sovereign debt in their revisionsThis took place before the political turmoil, but the Fitch Portugal rated in ‘A-‘.
The rating is an estimate attributed to the financial integration agencies, with great impact on countries and companies financing, which assesses the risk of credit.
