Moody's maintains Portugal at A3, outlook negative

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LONDON (Reuters) - Moody's maintains at A3 rating with a negative outlook on Portugal, the rating agency said on Friday adding that strong commitment to fiscal consolidation was an important factor.

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"Strong commitment to fiscal consolidation by both leading political parties is an important reason why the rating remains within the A range," Moody's said in a statement.

(Reporting by William James)