Friday, 7 October 2011

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Fitch downgrades Italy to A+. Outlook Negative

Fitch Ratings has downgraded Italy's foreign and local currency Long-term IDRs to 'A+' from 'AA-'. The Rating Outlook is Negative. The downgrade reflects the intensified Eurozone crisis, the significant financial and economic shock of which has weakened Italy's sovereign risk profile.


Fitch downgrades Italy to A+. Outlook Negative

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