FITCH DOWNGRADES ITALY TO BBB+

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http://www.businessinsider.com/fitch-downgrades-italy-to-bbb-2013-3#ixzz2MyBnbxT4

Fitch Ratings has downgraded Italy’s Long-term foreign and local currency Issuer Default Ratings (IDR) to ‘BBB+’ from ‘A-’. The Outlook on the Long-term IDRs is Negative. Fitch has simultaneously affirmed the Short-term foreign currency IDR at ‘F2′ and the common eurozone Country Ceiling for Italy at ‘AAA’.

Read more: 
http://www.businessinsider.com/fitch-downgrades-italy-to-bbb-2013-3#ixzz2N01LMeh6

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going down down down..and the picture that accompanies the article is the clown doing the A’Ok sign..hmm..of course thats just a coincidence..

401

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~ by seeker401 on March 10, 2013.

2 Responses to “FITCH DOWNGRADES ITALY TO BBB+”

  1. Hi 401!

    Casaleggio (Grillo’s mentor) is given the credits to this video:

    more about casaleggio http://en.wikipedia.org/wiki/Gianroberto_Casaleggio

    • He is also co-founder, with Beppe Grillo, of the Five Star Movement, of which he is sometimes called “guru”.

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