Friday, April 24, 2015

Fitch confirmed the BBB + rating of Italy and Spain – Bourse Les Echos

April 24 (Reuters) – Fitch Ratings said Friday confirmed the BBB + rating of Italy and Spain, the two countries are also being assigned a stable outlook

“The performance. Italy in terms of economic growth is weak, “says the rating agency.

” However, recent indicators support the unchanged forecast Fitch, since the last review of the rating in October 2014, according to which Italy will manage to get out of a long and deep recession in 2015. “

For Spain, Fitch notes that” the economy picks up significantly, enough to develop confidence in its adjustment managed within the euro zone. ” She added that the growth has accelerated again since the last review of the rating in October 2014.

The stable outlook of both countries confirms that upside risks and downside risks are balanced, says Fitch.

(Wilfrid Exbrayat for the French service, edited by)

LikeTweet

No comments:

Post a Comment