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BRIEF-S&P says ratings on Republic of Italy affirmed at 'BBB-/A-3'; outlook stable
May 5, 2017 / 3:57 PM / 7 months ago

BRIEF-S&P says ratings on Republic of Italy affirmed at 'BBB-/A-3'; outlook stable

May 5 (Reuters) - S&P Global Ratings:

* Ratings on the Republic of Italy affirmed at ‘BBB-/A-3’; outlook stable

* Stable outlook reflects expectation that italian government will continue to adopt structural reform measures such as a new competition law

* We see Italy’s membership in the Eurozone as a key institutional strength

* Expect inflation in italy to converge with that of the Eurozone average as of 2018

* Stable outlook reflects expectation government will continue to improve effectiveness of judiciary, public administration while maintaining stable level of government debt to GDP Source text - (bit.ly/2qAk4yi)

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