The rating review on Portugal's financial health, due to be delivered on Friday by Canadian agency DBRS, looks likely to remain ‘as is’ with Friday’s announcement a crucial test of whether or not the government is making any headway at all in sorting out the economic mess.
Reuters reported today that Portugal's bond yields hit their lowest level in nearly five weeks and last Friday slashed the economy’s deficit target for 2017 to 1.6% from an estimated 2.4%.