DBRS reviews its investment grade rating of Portugal on Oct 21.
A cut in its rating would have far reaching implications.
A cut in the outlook is more likely than a cut the rating.
Many observers continue to tout Italian risks as the greatest in the euro area into the year end. The constitutional referendum that would emasculate the Senate, and end the perfect bicameralism that has contributed to more than 60 governments since the end of WWII.
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