2011年5月27日星期五

S & P: ratings Outlook negative Italy on debt fears (AP)

ROME - Standard & Poors cut its Outlook of ratings for the debt of the Italy of negative stable to Saturday, citing the prospects of poor growth and concerns about the ability of the Government to reduce public loans of the country.

The revision means there is a chance of one to three that the Italy debt ratings could be seen over the next two years, raising fears that the debt crises that have hit the Greecethe Portugal and Ireland could be threatening Italy.

But with a perspective of ratings always A + / negative Italy, rest much better that the Greece, which had its grade debt ratings dowgraded Friday by the Fitch agency junk status.

In a statement, S & P said current growth of the Italy prospects were "low" and that there was a commitment hesitating on the part of the Government to undertake reforms needed to revive the econoomy.

He cited "potential political gridlock" as a concern for the finances of the Italy and predicted lower growth than GDP estimated current 1.3% during the period 2011-2014.

The forces of Prime Minister Silvio Berlusconi underwent a setback in local elections, this week, failing to win an outright victory for the Mayor of the financial capital of Milan. The Prime Minister is also quarrels with his main coalition partner the Northern League, which opposes the participation of the Italy in the Libya NATO campaign.

Finally, the Prime Minister is on trial on charges of corruption and prostitution, that he denies.

In response, the Italian Treasury Board has rejected the idea that political blockages could get reforms, saying: he would "intensify" its efforts to implement its plan of debt reduction and maintain all its financial commitments.

He noted that the recent assessments by the Fund International Monetary and other agencies were "very different" from that of S & P.


View the original article here

没有评论:

发表评论