Italy's credit rating was downgraded by Fitch

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Source: RTT News

Credit rating for Italy was downgraded by Fitch Ratings on Friday due to an unclear situation after last month's election that may bring further complications to already unfavorable economic situation. The country's long-term foreign and local currency Issuer Default Ratings (IDR) were lowered by the rating agency from ‘A-‘ to ‘BBB+' with the ‘negative' Long-term IDRs outlook.


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Mon, 11 Mar 2013 15:42:12 GMT

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