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10 September 201914.06 "We reduced our full-year growth forecasts to only 0.2% (from 0.4% previously)". Thus Moody's on Italy's GDP confirming the Baa3 rating with a stable outlook that is also affected by the "high debt". However, the rating agency expects "a slightly stronger growth performance in the second half of the year" thanks "mainly to continuous positive developments on the labor market and on exports". The Conte bis government promotes: "It will provide a period of political stability".Moody's cuts GDP, but promotes government
2019-09-10T12:23:45.488Z
14.06 "We reduced our full-year growth forecasts to only 0.2% (from 0.4% previously)". Thus Moody's on Italy's GDP confirming the Baa3 rating with a stable outlook that is also affected by the "high debt". However, the rating agency expects "a slightly stronger growth performance in the second half of the year" thanks "mainly to continuous positive developments on the labor market and on exports". The Conte bis government promotes: "It will provide a period of political stability".
Source: rainews