Reuters: US Dollar Report: Moody's sees little credit impact for Italy from political crisis

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Moody's sees little credit impact for Italy from political crisis Dec 13th 2012, 08:59 MILAN | Thu Dec 13, 2012 3:59am EST MILAN Dec 13 (Reuters) - Moody's said on Thursday political turmoil stemming from the announced early departure of Prime Minister Mario Monti would have limited impact on Italy's sovreign credit rating. The rating agency said a victory of the centre-left PD party of Pierluigi Bersani, now leading in opinion polls, would likely result in Italy sticking to Monti's reform agenda. "We expect he will maintain a reform-oriented policy agenda," Moody's said in a research note. Moody's rates Italy's sovereign debt Baa2, two notches above junk, with a negative outlook.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions