Fitch: Italy Risk Is Europe’s Largest
A top Fitch manager speaking at a London conference said the Italy’s borrowing problems and the size of its deficit are the greatest risk to the euro. The WSJ quotes David Riley, head of global sovereign ratings at Fitch as…
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A top Fitch manager speaking at a London conference said the Italy’s borrowing problems and the size of its deficit are the greatest risk to the euro.
The WSJ quotes David Riley, head of global sovereign ratings at Fitch as saying
Italy faces a “daunting” amount of government bonds needing to be paid back in 2012, and the lack of agreement from European leaders on how to implement a “firewall” in the region puts pressure on its rating
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