Fitch upgrades Portugal to A+ on fiscal strength, stable outlook

Fitch raised Portugal's sovereign rating to A+ with a stable outlook, citing stronger public finances, declining debt trajectory, and robust political commitment to fiscal prudence. The upgrade reflects a continued trend of improving creditworthiness for Portugal, supported by EU/Eurozone membership. This may lower Portuguese bond yields and reduce risk premia, though the stable outlook suggests limited near-term further upgrades.