Follow the money: why the junk-rating threat matters for Italy
Italy’s place in the ranks of
investment-grade sovereigns could become increasingly precarious
over the coming year, putting at risk bond investments of over a
trillion euros and creating immense pressure on the European
Central Bank to keep Italian borrowing costs in check.
investment-grade sovereigns could become increasingly precarious
over the coming year, putting at risk bond investments of over a
trillion euros and creating immense pressure on the European
Central Bank to keep Italian borrowing costs in check.
Posted by Reuters
