S & P confirms the rating of Italy” BBB” – Le Figaro

The rating agency Standard and Poors has today confirmed the sovereign rating of Italy, which remains at “BBB” and its negative outlook, due to the uncertainty surrounding the implementation of major reforms announced by government Matteo Renzi. Confirmation note of Italy means that the agency expects that the Government of Matteo Renzi manages to make progress on structural and fiscal reforms in the country, says S & P in a statement.

However, maintaining the negative outlook means that the absence of these reforms, the note of Rome could be lowered again by 2015 if the government fails, despite his willingness to restore growth and prevent the public deficit to deteriorate further. “The negative outlook reflects our view that there is at least one in three chance that we lower the rating, either this year or in 2015,” said S & P. ??”We could lower the rating if we come to the conclusion that the government fails to implement policies that will help restore growth and prevent debt indicators deteriorate advantage than we currently expect, “she says.