All news
Politics
Business
Technology
Incidents
Sports
Weather
Science
Entertainment
World
Real Estate
AI News
President of the Republic considers Portugal's rating upgrade "excellent news"Photo by pablo gomez on Pexels
Business
Экономика

President of the Republic considers Portugal's rating upgrade "excellent news"

CNN Portugal5 September 2026 at 13:02

The President of the Republic, Marcelo Rebelo de Sousa, considered Portugal's rating upgrade as "excellent news". This assessment was conveyed through a note published on the website of the Presidency of the Republic.

The head of state stated that it would "surely be one of the most relevant economic news" of the year. The note does not specify which rating agency was responsible for the upgrade or the technical details of the assessment.

The President's position comes following a decision made by one of the main rating agencies that evaluated the Portuguese economy. Marcelo Rebelo de Sousa thus highlights the importance of this development for the country in the current economic context.

Related articles

Governo diz que subida de ‘rating’ é “mais um passo na credibilidade e confiança” no paísPhoto by geralt on Pexels
Business

Government says rating upgrade is "another step towards credibility and confidence" in the country

The Portuguese Government celebrated the rating upgrade of Portugal from 'A' to 'A+' by the Fitch agency, with stable outlook, considering that this decision represents "another step towards credibility and growing international confidence" in the country. The Ministry of Foreign Affairs stated that Portugal is "stronger, more credible and with greater international recognition". The Minister of Finance, Joaquim Miranda Sarmento, classified the improvement as "another great victory for Portugal", placing the country at the level of France and Belgium, and demonstrating the confidence of international investors. The President of the Republic, António José Seguro, also welcomed the decision, recognizing it as an important external recognition of Portuguese performance, supported by the effort of the Portuguese people and a budget responsibility orientation maintained across different governments.

Eco05/09/26, 17:47
“A atividade bancária continuará a ser o cerne do sistema financeiro português”Photo by TheDigitalWay on Pexels
Business

Banking activity will continue to be at the core of the Portuguese financial system

In an interview with Advocatus, Francisco Soares Machado, partner at Sérvulo & Associados, analyses the current moment in the Portuguese financial sector, considering it very positive, with high levels of capital, liquidity, record profits and low impairment. The former European Investment Bank advisor and Ministry of Finance staffer argues that bank performance results from both favorable cyclical factors and the merit of their management teams. He identifies challenges such as digital transformation, payment fraud and European regulation, but believes banking will continue to be at the core of the system. He points to opportunities for investors in closing banking positions and in debt funds, alternative asset management and financing of energy transition projects, highlighting that Portugal has competitive conditions in these segments, although the fund market is still small compared to other European countries.

Eco05/09/26, 17:28
Cofundador do Spotify diz que deixaria a Suécia se imposto sobre grandes fortunas fosse adotado no paísPhoto by citypraiser on Pexels
Business

Spotify co-founder says he would leave Sweden if wealth tax were adopted in the country

Martin Lorentzon, Spotify's cofounder, said he would leave Sweden immediately if the country adopts new taxes on large fortunes, raising fears that proposals debated before elections could drive entrepreneurs and capital abroad. When asked if he would consider changing countries, Lorentzon responded affirmatively by email to Bloomberg, saying he would prefer to stay, but a tax of this type would force him to leave. The alert comes as the Left Party campaigns for a billionaire tax and the Green Party proposes separate taxation on the wealthiest, both in the center-left opposition led by the Social Democrats.

oglobo05/09/26, 17:21
Lavandaria recomenda: toalhas devem ser lavadas com esta frequênciaPhoto by Engin_Akyurt on Pexels
Business

Laundry recommends: towels should be washed with this frequency

A Welsh laundry service recommends that bath towels be washed after three to four uses, while hand towels should be changed every two to three days, and face towels preferably after each use. The frequency may vary depending on bathroom ventilation, ambient humidity, and drying time. The company advises against using fabric softener, which can reduce absorbency, and recommends fully drying towels before storing to prevent mould and unpleasant odours.

Postal do Algarve05/09/26, 17:20