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25 October 201923.00 Standard & Poor's confirmed Italy's rating at 'BBB'. The outlook is negative. The rating agency has announced it. "The weak real and nominal growth remains the main medium-term risk for Italy's creditworthiness and for its fiscal path", reads a note from S&P. And it is emphasized that "instead of spending, Italian families and companies continue to build precautionary savings, complicating the efforts of the public sector to reduce debt"S&P confirms Italy rating to 'BBB'
2019-10-25T21:15:30.673Z
23.00 Standard & Poor & # 39; s confirmed Italy's rating at 'BBB'. The outlook is negative. The rating agency has announced it. "The weak real and nominal growth remains the main medium-term risk for Italy's creditworthiness and for its fiscal path", reads a note from S&P. And it is emphasized that "instead of spending, Italian families and companies continue to build precautionary savings, complicating the efforts of the public sector to reduce debt"
Source: rainews