S&P confirms Italy rating: BBB-

6 May 2017, 6:39 | di FIRSTonline editorial team | 0

The outlook is also stable – the agency's forecasts are for a GDP up by 0,9% this year and by 1-1,2% between 2018 and 2020.

S&P Global Ratings has confirmed the rating on Italy at 'BBB-' with a stable outlook. According to the agency, the recovery of the economy in our country 'remains on track': the agency's forecasts are for a GDP up by 0,9% this year and by 1-1,2% between 2018 and 2020. Standard % Poor's expects Italy's public debt 'to remain generally stable' at around 131% of GDP.

FIRSTonline editorial team

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