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Fitch says that it sees Italy's euro exit as 'highly unlikely'

Fitch says that it sees Italy's euro exit as 'highly unlikely'

News
Justin Low
30/08/2018 | 06:28 GMT

According to a report by La Repubblica, citing Fitch's credit worthiness report

  • Measures planned by the new Italian government to total about €75 billion
  • Italy's planned spending risks raising debt
  • Possibility of losing sight of public finance goals has increased
  • Prospects of structural reforms have weakened lately

The news outlet here claims to have seen Fitch's report and is detailing the above. Just as a reminder, Fitch is due to review Italy's rating tomorrow so that will be one of the key events to watch out for.

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