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BRIEF-Moody's changes outlook on Portugal's Ba1 rating to positive from stable ‍​
September 1, 2017 / 8:57 PM / 3 months ago

BRIEF-Moody's changes outlook on Portugal's Ba1 rating to positive from stable ‍​

Sept 1 (Reuters) -

* Moody’s changes outlook on Portugal’s Ba1 rating to positive from stable ‍​

* ‍Moody’s says first driver for rationale for the positive outlook on Portugal is improving resilience of growth in light of the recovery in investment​

* Moody’s - a driver for change in outlook is Portugal’s ongoing fiscal improvements which support expectation that fiscal consolidation will be maintained‍​

* ‍Moody’s on Portugal says a driver for positive outlook is that improving debt structure mitigates risks to government financing​

* ‍Moody's says Portugal's Ba1 issuer rating is supported by its relatively wealthy economy​ Source text: (bit.ly/2gwp6II)

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