Italys debt downgraded by S&Ps

20th September 2011, Comments 0 comments GENEVA, SWITZERLAND - Standard and Poor’s downgraded Italy’s sovereign debt Tuesday 20 September by one notch to A/A-1, and it maintained its “negative” outlook. The move came as a surprise to markets, which expected Moody’s to downgrade Italy first, according to CNBC, but it has said it will wait a month to decide. The S&P [...]

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