Moody's places Italy's BAA2 rating on review for downgrade

Market news

28 May 2018

Moody's places Italy's BAA2 rating on review for downgrade

"Significant" risk of a material weakening in Italy's fiscal strength is among key drivers for initiation of review for downgrade
A key driver for review is risk that structural reform effort stalls & past reforms such as pension reforms implemented in 2011 are reversed
Italy's long-term and short-term foreign-currency bond and deposit ceilings remain unchanged at aa2 and p-1, respectively

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