Business

Portugal's credit rating upgrade to A+ celebrated by government

The Ministry of Finance and the President commented on the upgrade of Portugal's rating by Fitch to A+.

5 September 2026Tagblick Newsdesk

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Archive photo: Portugal's credit rating upgrade to A+ celebrated by government — Archive photoPhoto: Agência Brasil · Wikimedia Commons · CC BY 2.0

Portugal's credit rating was raised from A to A+ by the financial rating agency Fitch, a move celebrated by the Minister of Finance as a "great victory for Portugal." The Ministry emphasized that this is the second upgrade initiated by Fitch since April 2024, highlighting international investors' confidence in the Portuguese economy.

According to sources from the Ministry of Finance, the rating improvement indicates recognition of the stability and reforms undertaken in Portugal in recent years.

The President also commented on the decision, describing it as "excellent news." He stated that this upgrade confirms the importance of stability, predictability, and responsibility in managing the country, according to reports from news agencies.

The reaction to the rating increase was broadly positive among government representatives, who see this development as a favorable sign for Portugal's economic future.

In later statements, the Ministry of Finance indicated that the improvements in Fitch's rating, along with those from S&P, demonstrate the effectiveness of government policies in fostering a trustworthy environment for investors.

While the government celebrates, there remains a focus on the measures to be implemented to maintain and strengthen this long-term confidence, as reported by various sources in the financial sector.

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