The Fitch rating agency will issue its assessment on Portuguese public debt this Friday, following the evaluation already carried out by Standard and Poor's. This is another rating assessment that Portugal receives in a short period of time.
The analysts consulted by the newspaper Negócios believe that Fitch may proceed with an upgrade of Portugal's rating. This expectation arises in a context of reduction of Portuguese public debt, which has been improving significantly in recent years.
Portugal's approach to a rating upgrade by Fitch represents a positive signal for the national economy. A higher classification by the rating agencies can facilitate access to financing markets and reduce the cost of debt for the country.
