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Article: PORTUGAL: MOODY'S ISSUES ANNUAL REPORT ON PORTUGAL.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- April 6, 2008
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In its new report, Moody's Investors Service says Portugal's Aa2 government bond ratings and stable outlook reflect a developed and diversified economy that is deeply integrated into the European economic sphere. Although the country's debt metrics have deteriorated over the past seven years, it remains well positioned within the Aa2 rating category. "Portugal went from enjoying a euro convergence boom in the 1990s to undergoing somewhat of a bust starting in 2000. Growth became sluggish, unemployment climbed and the income convergence process virtually stopped. The fiscal stance also deteriorated and productivity lagged," said Moody's Vice-President Sara Bertin-Levecq, ...
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Article: PORTUGAL: MOODY'S DOWNGRADES BANCO PRIVADO ...
IPR Strategic Business Information Database;
November 13, 2008 ;
700+ words
... ... further possible downgrade as Moody's remains concerned that the ... pressures it may experience. Moody's last rating action on BPP ... result of the implementation of Moody's Joint Default Analysis and ... S.A. is based in Lisbon, Portugal and had consolidated total assets ...
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