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Fitch downgrades Italy by One Notch to BBB

Fitch has downgraded Italy’s sovereign debt from Triple B-plus to Triple B.

Max Civili
Press TV, Rome

Rating institution Fitch has downgraded Italy’s sovereign debt from Triple B-plus to Triple B. The agency has cited the country’s political instability, huge public debt and fiscal problems as the main reasons for the downgrade. From Rome, Press TV’s correspondent Max Civili gives more details.


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