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Fitch: Italy very close to debt stabilization

According to the Fitch rating agency, the reforms launched by the executive of technicians in 2012 have almost completed the objective of stabilizing public finances and sovereign debt.

Fitch: Italy very close to debt stabilization

After the alarm raised on Spain - which the rating agency Fitch continues to consider at risk of downgrade - the senior director of the same agency, Douglas Renwick, breaks his spear in favor of Italy, considered more reliable.

“Thanks to the large adjustment of the public finances implemented in 2012, Italy is very close to stabilizing the public debt”.

 

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