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S & P ups credit rating in Portugal



Standard & Poor's has lowered the credit rating in Portugal from "positive" to "stable" compared to & # 39; BBB – & # 39; 39; BBB & # 39 ;.

Rating agencies are making decisions by reducing national government debt and balanced growth.

S & P also points out that Portugal has taken steps to minimize the impact on Brexit's tourism, which is possible without an agreement.

According to S & P, Portuguese banks are still facing difficulties due to weak credit demand.

Patrick Vignal, France Services


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