S&P keeps Portugal's rating unchanged at A+Photo by Russell Butcher on Pexels
Business

S&P keeps Portugal's rating unchanged at A+

Observador28 August 2026 at 22:19

The financial rating agency S&P decided to keep Portugal's rating unchanged at A+. This decision represents a positive assessment of the country's economic and financial situation.

The agency justifies this maintenance by referring to Portugal's "economic growth resilience" as one of the determining factors for the decision.

S&P also forecasts that Portugal's net public debt will decrease to 75% of GDP by 2029. This projection holds even when accounting for the budgetary pressures the country may encounter during this period.

Maintaining the rating at A+ reflects the agency's confidence in Portugal's ability to maintain economic stability and the trajectory of reducing public debt in the coming years.

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