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16.09.2017 10:23:44
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S&P Raises Portugal's Credit Rating To BBB-; Keeps Stable Outlook
(RTTNews) - Rating agency S&P Global Ratings raised Portugal's credit rating to investment grade on Friday and maintained the stable outlook.
The country's credit rating was raised by a notch to 'BBB-' from 'BB+', citing strong economic and budgetary performance.
The agency also raised the country's growth forecast to 2 percent each for 2017-2020.
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