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Fitch raises Portugal sovereign rating to A+ from A

Fitch upgraded Portugal’s sovereign rating to "A+" from "A" on Friday, its second upgrade in a year. Fitch cited strengthened public finances, declining government debt, and persistent current account surpluses.

FITCH

Global credit ratings agency Fitch raised Portugal's sovereign rating to "A+" from "A" on Friday, its second upgrade in a year, citing strengthened public finances and declining government debt."Policy prudence, repeated fiscal outperformance and persistent current account surpluses have enhanced e…