-
Fitch Affirms Italy at 'BBB'; Outlook Negative
Fitch Ratings has affirmed Italy's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Negative Outlook. Italy's 'BBB' rating and Negative Outlook reflect the extremely high level of general government debt, very low trend GDP growth, economic policy uncertainty and associated downside risks to our public debt projections. The relatively high net external debt and improving, but still weak, banking sector asset quality, also weigh on the rating. The rating is supported by a diversified, high value-added economy, with GNI per capita, governance and human development indicators much stronger than the ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Feb 8, 2020 12:34am Feb 8, 2020 12:34am
- RazorFitch
- | Membership Revoked | Joined Sep 2019 | 456 Comments
- Comment #2
- Quote
- Feb 8, 2020 5:08am Feb 8, 2020 5:08am
- guidoisot
- | Joined Aug 2012 | Status: Member | 1 Comment
- Comment #3
- Quote
- Feb 8, 2020 7:02am Feb 8, 2020 7:02am
- RazorFitch
- | Membership Revoked | Joined Sep 2019 | 456 Comments
- Comment #4
- Quote
- Feb 9, 2020 4:43am Feb 9, 2020 4:43am
- ivofx
- | Joined Aug 2011 | Status: Member | 201 Comments