Fitch Affirms Italy at 'BBB+'; Outlook Stable

April 24, 2015 8:05 PM

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(The following statement was released by the rating agency) LONDON, April 24 (Fitch) Fitch Ratings has affirmed Italy's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'BBB+' with Stable Outlooks.

The issue ratings on Italy's senior unsecured foreign and local currency bonds have also been affirmed at 'BBB+'. The Country Ceiling has been affirmed at 'AA+' and the Short-term foreign currency IDR at 'F2'. KEY RATING DRIVERS Italy's economic growth performance is weak. Nevertheless, recent data ...

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