China's dagong global credit rating Co., LTD. Announced on 7 December, cut Italy this, the foreign currency international credit rating, from "A-" down to" BBB ", the rating outlook for "negative". Archduke said the agency had in July this year will Italy's credit rating on negative watch list,polarized sunglasses Italian market financing environment during the more hasten is worse, now drop caused economic growth has gradually lost power, banking liquidity and robustness of the challenges facing serious, Italy to the European central bank to buy its bonds depends on gradually, the government debt paying ability further down. Archduke expected, this year the Italian at all levels of government deficit ratio to 5.0%, far higher than the 3.9% deficit ratio of the target. Although Italy in the second half of this year has promulgated a two to 145.18 billion euros ($) total of the adjustment plan for the long term, in the attempt to 2013 will be at all levels of the government deficit ratio dropped to 0.1% in 2014 and fiscal surplus, but the medium-term target of the realization of the very difficult.aviator sunglasses On the one hand is due to a large scale and worsening debt market financing environment will make interest payments unabated, on the other hand by the adjustment plan itself is the existence of economic growth expectations too optimistic, schedule arrangements unreasonable, to social welfare spending cuts shortcomings, such as insufficient strength and not effective improve the primary financial balance.
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