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Fitch upgrades Portugal long-term issuer default ratings to A+

Fitch Ratings upgraded Portugal’s long-term issuer default ratings to A+ from A, citing strengthened public finances and improved resilience and shock absorption capacity.

By Elias SchisgallFitch Ratings upgraded Portugal's long-term issuer default ratings to A+ from A, citing the country's strengthened public finances.The ratings agency on Friday said the government's fiscal prudence has improved the resilience and shock absorption capacity of the Portuguese economy…