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The rating agency Standard & Poor's confirmed the Evaluation sovereign of Italy to BBB even if it revised down its prospects. The outlook has indeed fallen to "negative" compared to the previous "stable". So far, no degradation, so, but black clouds are on the horizon. In fact, Italy remains close to the level of "waste", but the negative outlook may lead to a possible degradation in a few months.
If the present is more or less safe, the future of Italy for S & P is, in short, filled with unknowns. Poor growth prospects and tensions with Europe are particularly worrying. And from the point of view of the rating agency, the government's economic plan "risks weakening Italy's growth performance". The maneuver set up by the Conté government "risk – writes the agency – to weaken the growth" of the Italian economy and for this reason, the agency S & P cut the estimates over the two-year period 2018-2019, which from the previous +1, 4% for both years are now at + 1.1% for this year and next year. S & P also believes that the government's fiscal policies will not allow a reduction in the debt ratio. "Italy's public debt to GDP, in our opinion, will not continue on a downward trajectory."
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