KRED

Saturday, April 22, 2017

Fitch downgrades Italy to BBB from BBB+

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italy-sad.jpg

Fitch downgraded Italy
– Outlook stable
– Sees Italy GDP up 0.9%
– Sees general government debt to GDP falling to 129.3% in 2020
– Sees debt peaking at 132.7% of GDP in 2017
Here’s what Fitch had to say.

April 22, 2017 at 01:16AM

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from Adam Button

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