Moody’s Downgrades Portugal, Outlook Negative

Moody’s (MCO) has cut Portugal’s credit rating by two notches citing “subdued growth prospects” and high government borrowing costs. The rating agency downgraded the country’s long-term government bond rating from A1 to A3 with a negative outlook, implying the possibility of a further downgrade in the coming months. – FT
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.