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Recap of rating actions on European.........>

RATINGS
RATINGS: Recap of rating actions on European Sovereigns on Friday:
* Fitch upgrades Portugal 2-notches to BBB, outlook Stable
* Fitch upgrades Ireland to A+, outlook Stable
* Fitch upgrades Serbia to BB from BB-, outlook Stable
* DBRS confirmed Germany at AAA and trend Stable
* DBRS confirmed UK at AAA and trend Stable
* DBRS confirmed Republic of Lativa at A (low), trend Stable
* S&P Slovenia A+ rating affirmed, outlook Stable
* S&P upgrades Serbia to BB from BB-, outlook Stable

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