Italy is the latest European sovereign to suffer a downgrade, after Moody’s Investors Service cut its rating two notches on rising event risk, and said the outlook remains negative. The rating agency says that its decision to downgrade Italy’s rating stems from several factors. For one, it is more likely to experience a further sharp […]
Debt burden expected to remain “very manageable”
Outlook still negative
Downgrade reflects the likely cost of restructuring and recapitalizing the Spanish banking sector
Hollande victory dos not prompt ratings move
Rating downgrade may be coming
Rating agency says default “highly likely”
Rating agency plans new review by end of Q1
France loses AAA rating
Rating could come under pressure if government’s commitment to low debt ratios weakens