Source - SMW
Fitch Ratings has revised the outlook on Portugal's long-term foreign and local currency issuer default ratings to positive from stable and affirmed the IDRs at 'BB+'. 

The issue ratings on Portugal's senior unsecured foreign and local currency bonds have also been affirmed at 'BB+'. 

The country ceiling has been affirmed at 'A+' and the short-term foreign and local currency IDRs at 'B'. 

The ratings on Portugal's senior unsecured short-term issues have also been affirmed at 'B'.