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Italy Credit Rating Downgrade


March 2013
Fitch credit rating agency downgraded on March 8, 2013 Italy's credit rating by one step, from previous A- down to BBB+ with a negative outlook.
The downgrade follows the inconclusive results of the Italian elections which make it difficult to form a stable government in the coming weeks.


Italy Credit Rating Downgrade


July 2012
Moody's credit rating agency downgraded on July 13, 2012 Italy's government bond rating by two steps, from previous A3 down to Baa2, just two steps above the junk rating.
The present downgrade is the second within five months. The previous downgrade by Moody's was in February 2012 together with Spain and Portugal.


Italy's Credit Rating Downgrade


October 2011
Fitch credit rating agency downgraded on October 7 Italy's credit rating from AA- to A+ with a negative outlook.
The downgrade by Fitch follows previous downgrades by Moody's on October 4 and by Standard& Poor's on September 19.


Italy's Economic Indicators


April 2011
The Italian Statistics office, Istat, released updates of the Italian economy in February.
In February 2011 the producer price index increased by 0.5% compared to January 2011 and by 5.3% compared to February 2010.
Istat estimates that 22.8 million people were employed. The unemployment rate for February was 8.4%.







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