Downgrade increases Italian banks' woes
- 12 years ago
Italian banks have suffered another blow with a mass downgrade by rating agency Moody's.
They were already struggling with shrinking demand and soaring bad loans in austerity-hit Italy.
The 26 large and medium-sized Italian banks that have had their ratings cut will find it more difficult to borrow money.
...
http://www.euronews.net/
They were already struggling with shrinking demand and soaring bad loans in austerity-hit Italy.
The 26 large and medium-sized Italian banks that have had their ratings cut will find it more difficult to borrow money.
...
http://www.euronews.net/