The European Commission hailed Italy’s deficit-cutting and economic-overhaul efforts and questioned the timing of the downgrade of the country’s credit rating by Moody’s Investors Service.
* **A report with full details of Italy's downgrading is here.**
“Italy’s policy action to ensure sound public finances and address longstanding structural weaknesses has been both determined and wide ranging,” Bloomberg reported commission spokesman Simon O’Connor as saying today in Brussels....
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team