Slap Standard & amp; Poor’s Italy. Ed and ‘a slap that hurts,’ cause the downgrade decided by the agency brings the US financial rating of our country almost to the level “junk” BBB- from BBB. Only one more step ‘top level’ junk ‘. The outlook on the economic outlook and ‘instead of “stable”. A hard shot from cashing in a moment of maximum effort of the government Renzi on the reform front. “It ‘s not a rejection of the Jobs Act,” is preparing to review Palazzo Chigi: “They tell us that the reforms are fine, but you need to go faster,” that there are “good elements in the reforms but not enough to offset the debt and awaken soon the economy. ” But beyond the ‘reactions officers, who got to hear Matteo Renzi after the dark of the S & amp; P and’ hit our country comes to a premier embittered, he would not hide his disappointment at the treatment meted out to Italy that is trying in every way to take with determination on the path of change. “The spread fell below 120 – had told the prime minister in the day – but being good news, does not go beyond the sidebars. Just to remember: we were 200 nine months ago. Two hundred.”
Standard & amp ; Poor’s explains how to weigh his decision was a mix of concerns among much growth based and public debt still huge. “According to our criteria – write analysts agency – a sharp increase in the debt, accompanied by a perennially weak growth and low competitiveness is not compatible with a BBB rating.” Sure, the effort on the reform front is recognized: “We note that the prime minister Renzi has moved forward with the Jobs Act”, is explained in the ratio of S & amp; P, where, however, ‘is expressed skepticism: “We do not believe that the measures envisaged will create jobs in the short term ”. And the “decrees” of the reform – it adds – could “be softened”, and that ” could happen in the light of a growing opposition ”. From the Treasury does not get official comments . But in reality ‘the minister Pier Carlo Padoan had already’ said his day: “Our debt and ‘sustainable’, and to understand the sustainability ‘” must look to the primary surplus, which only Germany and Italy have remained positive. “And if our debt were to rise – explains Padoan – not the fault of Italy. If there was inflation in balance at 1.8%, real growth of 1% and a nominal growth of about 3%, public debt would be in a downward path fast “
Brunetta, Renzi-Padoan explain repeated disasters
” Italy downgraded by Standard & amp ; Poor’s. Now we are worth a paltry BBB-. What’s more disturbing and devastating data on GDP and unemployment, now comes the negative judgment of the rating agencies to condemn our country. Do not ride, as did the left in the famous summer-autumn of 2011 the crisis, but the president of the Council, Matteo Renzi, and his Minister of Economy and Finance, Pier Carlo Padoan, should take a good look at consciousness and explain to the country the reasons for these repeated disasters. “This was stated by Renato Brunetta, FI leader in the House.” Italy goes to peak. There is no hint of recovery, the recipes of the government are not producing anything good. Only confusion and empty boxes that deceive citizens without reversing the disastrous route taken. Need to face the reality. Renzi does not escape before the evidence “,” concludes Brunetta.
Santanchè, we downgrade, aspirin Renzi not serve
“Standard & amp; Poor’s will downgrade. The aspirins Renzi not need. They serve cures shock and unconventional, such as those indicated by Berlusconi and Forza Italy: flat tax and dual currency “. He says Daniela Santanchè Parliamentary Fi.
Savino (Fi), we downgraded almost to “junk”
“The international agency Standard & amp; Poor’s Italy downgraded to ‘BBB-’, a level just above the “junk”. Our country is not considered an area in which to invest. The Government Renzi goes from bad to worse and has no international credibility. ” This was stated by Elvira Savino, member of Forza Italy.
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