Credit Italy Latest Information

Credit Italy Latest Information

Credit ratings cut for Italy, Spain
Fitch Ratings has cut the credit ratings of Italy, Spain and three other euro zone countries, while Ireland's BBB-plus rating is maintained, albeit with a negative outlook.

Credit Ratings Cut For Italy, 4 Other EU Nations
U.S. ratings agency Fitch also downgraded Belgium, Cyprus, Slovenia and Spain. It blamed the revisions on "the marked deterioration in the economic outlook" in Europe.

Fitch Downgrades Credit Of 5 E.U. Countries, Including Spain, Italy
The move isn't as severe as the one taken earlier this month by S&P, because it leaves France's rating intact. The credit of Italy and Spain, however, was knocked down two notches.

Fitch Downgrades Credit Of 6 E.U. Countries, Including Spain, Italy
The move isn't as severe as the one taken earlier this month by S&P, because it leaves France's rating intact. The credit of Italy and Spain, however, was knocked down two notches.

Italy, Spain Are Among Five Euro-Zone Nations Downgraded by Fitch Ratings
The credit ratings of Italy, Spain and three other euro-area countries were cut by Fitch Ratings, which said the five nations lack financing flexibility in the face of the regional debt crisis.

Less respect for credit rating agencies
Italian investigative authorities have started investigating credit rating agencies on suspicion of manipulating markets by issuing ratings without a solid basis. The investigation appears to be retaliatory action for the agencies' downgrading of bonds of European countries. It is reported that a search warrant in one of the cases stated that a downgrading of Italy's sovereign rating was based ...

Italy, Spain Among EU Nations Downgraded by Fitch
Fitch Ratings on Friday downgraded the sovereign credit ratings of Italy and Spain as well as Belgium, Cyprus Slovenia, indicating there is a 1-in-2 chance of further downgrades in the next two years.

Italy’s Jobless Rate Rose to Highest Since 2004 in December
Italy’s jobless rate rose to the highest in eight years in December as austerity measures meant to fight the debt crisis helped push the region’s third-largest economy toward a recession.

Italy, Spain credit rating downgraded
Fitch cuts rating for five eurozone nations over concerns about European debt crisis. read more

Fitch downgrades credit ratings of Italy, Spain
(MENAFN) Fitch Ratings said that it cut the sovereign credit ratings of Italy to A- from A+, and those of Spain to A from AA-, as these countries were vulnerable to monetary and financial shock in ...

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