S&P Downgrades Italy

The US isn’t singing the downgrade blues alone; S&P knocked Italy down a peg today, citing concerns about its economic growth and its fragile governing coalition. The agency slashed Italy’s rating to “A,” or five ranks above junk status, and maintained its negative outlook, according to the Wall Street Journal…

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S&P Downgrades Italy

Posted by on September 20, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.