Portugal Portugal
Portugal

KEY INDUSTRY VIEWS

"Comparing Portugal, Ireland and Greek EU Packages." May 5, 2011 - Wall Street Journal.

"European Debt Crisis Morphs Into New Phase." April 7, 2011 - Mohamed El-Erian (PIMCO).

NEW DEVELOPMENTS
 

February 14, 2012
Moody's Downgrades Six European Sovereigns including Italy, Portugal, Slovakia, Slovenia and Spain.

November 24, 2011
Fitch Downgrades Portugal’s Long-Term Foreign Currency Issuer Default Rating from BBB- to BB+.

July 5, 2011
Moody's Downgrades Portugal's Long-Term Government Bond Rating from Baa1 to Ba2.

May 5, 2011
Draft Memorandum of Understanding Between Portugal and the EU/IMF/ECB and Portugal and its Gold.

Statement on Portugal by IMF Managing Director Dominique Strauss-Kahn and European Commissioner for Economic and Monetary Affairs Olli Rehn.

April 5, 2011
Moody's Downgrades Portugal's Long-Term Government Bond Rating from A3 to Baa1.

March 29, 2011
Standard & Poor’s Downgrades Portugal’s Long-Term Sovereign Credit Rating from BBB to BBB-.

March 24, 2011
Standard & Poor’s Downgrades Portugal’s Long-Term Sovereign Credit Rating from A- to BBB.

Fitch Downgrades Portugal’s Long-Term Foreign Currency Issuer Default Rating from A+ to A-.

March 15, 2011
Moody's Downgrades Portugal's Long-Term Government Bond Rating from A1 to A3.

December 23, 2010
Fitch Downgrades Portugal’s Long-Term Foreign Currency Rating from AA- to A+.

July 13, 2010

Moody's Downgrades Portugal's Government Bond Rating from Aa2 to A1.

May 10, 2010 European Financial Stabilisation Mechanism for Up to €500 Billion.

March 24, 2010

Fitch Downgrades Portugal’s Long-Term Foreign Currency Issuer Default Rating from AA to AA-.