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Posted On: 05/25/2018 9:56:02 PM
Post# of 128512
Moody's Puts Italy On Downgrade Review, Junk Rating Possible
The negative stories keep coming in. Something has got to give? You heard it here 1st, 2nd, 3rd, etc. for the past 4 or so years.
https://www.zerohedge.com/news/2018-05-25/moo...g-possible
Snippet:
In a quite direct 'threat' to the newly formed Italian coalition, Moody's warned that Italy will face a downgrade from its current Baa2 rating (potentially more than one notch to junk status) due to the lack of fiscal restraint in the new "contract" and the potential for delays to Italy's structural reforms.
The negative stories keep coming in. Something has got to give? You heard it here 1st, 2nd, 3rd, etc. for the past 4 or so years.
https://www.zerohedge.com/news/2018-05-25/moo...g-possible
Snippet:
In a quite direct 'threat' to the newly formed Italian coalition, Moody's warned that Italy will face a downgrade from its current Baa2 rating (potentially more than one notch to junk status) due to the lack of fiscal restraint in the new "contract" and the potential for delays to Italy's structural reforms.
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