Brussels, 17/01/2014 (Agence Europe) - Standard and Poor's rating agency decided on Friday 17 January to postpone any downgrade of Portugal in the near future.
S&P says the Portuguese government is determined to cut the public deficit and is therefore keeping Portugal's long-term debt rating at BB with negative prospects, adding that this means that a downgrade remains possible in the medium term, particularly if tensions in the coalition government intensify or if budget measures are again...