Moody's sees little credit impact for Italy from political crisis
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.
- Canada's parliament attacked, soldier fatally shot nearby |
- NOAA employee charged with stealing U.S. dam information
- Sweden gets two new sightings, as hunt for undersea intruder goes on
- Canada probes Michael Zehaf-Bibeau as possible suspect in Ottawa shooting: source
- Special Report: Traffickers use abductions, prison ships to feed Asian slave trade