Standard and Poor's does not downgrade Italy, but neither does it promote it, as it did recently with Spain: the US rating agency confirmed the BBB/A-2 scores assigned to Italy's long and short-term sovereign debt. The confirmation - indicates Standard and Poor's in a note - reflects the assessment of "a rich and diversified economy" and the risks of a "fragile recovery in a context of high public debt". The outlook remains negative.
Italy, Standard & Poor's confirms rating: economy still at risk
The confirmation - indicates Standard & Poor's in a note - reflects the assessment of "a rich and diversified economy" and the risks of a "fragile recovery in a context of high public debt" - The outlook remains negative.
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Rome, and by an innovative and effective team of innovation and web managers.
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