Italian Circus: S&P Says Silvio's Return And Comedian's Ascent Don't Affect Credit Rating

February 26, 2013   |   February 2013 Bond Updates
The Italian elections, which saw the unexpected rise of a comedian and the return of one of the nation’s most controversial politicians, threw off global markets, but isn’t enough to bring down the country’s sovereign credit rating, Standard & Poor’s said on Tuesday.  The credit rating agency acknowledged center-left candidate Pier Luigi Bersani’s lower house victory and, pointing to a split senate, forecast it will take about a month to form a new government.  Regardless, it’ll be the next ruler’s policy choices, rather than his party, which will determine creditworthiness.

View more at: http://www.forbes.com/sites/afontevecchia/2013/02/26/italian-circus-sp-says-silvios-return-and-comedians-ascent-dont-affect-credit-rating/
 
Related News
Home| About us | Contact us http://www.bondupdatesdailynews.com/