Teller Report

Standard & Poor's: BBB rating for Italy confirmed, negative outlook

4/24/2020, 8:34:25 PM

The international agency Standard and Poor's Global Rating announces that it has confirmed Italy's sovereign rating, keeping it at 'BBB', two steps above the speculative level (from BB downwards), defined precisely as "junk" (garbage). Furthermore, S&P also confirms the 'negative' outlook.

  • Stock markets down, the spread tightens

Share

24 April 2020The international agency Standard and Poor's Global Rating announces that it has confirmed Italy's sovereign rating, keeping it at 'BBB', two steps above the speculative level (from BB down), defined precisely as "junk" (garbage) . Furthermore, S&P also confirms the 'negative' outlook.