Covid-19 puts Italy's investment grade status in doubt

Covid-19 puts Italy's investment grade status in doubt

With the coronavirus having spread throughout Italy, and with the country's already worrying debt profile, some are now asking how the ratings agencies will view the country's battered credit rating, already hovering perilously close to junk status. Fixed income manager, Kames Capital's Nick Chatters, said, "GDP growth in Italy has been broadly on a falling trajectory since the start of 2018, with growth falling into negative territory at the end of 2019 and its manufacturing and services ...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.