تويت
استمرار لسيناريو التدهور الاوربي فتيش تخفض التصنيف الائتماني لايطاليا و اسبانيا
Fitch cut Italy's rating by one notch, from AA- to A+, following fellow agency Moody's downgrade earlier this week.
Fitch cited the "intensification" of the eurozone debt crisis that "constitutes a significant financial and economic shock which has weakened Italy's sovereign risk profile".
The agency also cut Spain's rating by two notches, to AA-.
Fitch raised concerns about the strength of Italian banks, particularly in light of the current debt crisis.
It talked of the "small but no longer negligible risk that a further worsening of the eurozone debt crisis and volatility in the value of Italian government bonds will further erode confidence in the banking system".
The agency said a "vicious cycle" could emerge where a growing lack of confidence in Italian banks could knock confidence in government debt, which could in turn undermine the banks further.
With regards to Spain, Fitch also cited the deepening debt crisis, and raised questions about the country's ability to cut its debt levels quickly - and its growth prospects.
Fitch cited the "intensification" of the eurozone debt crisis that "constitutes a significant financial and economic shock which has weakened Italy's sovereign risk profile".
The agency also cut Spain's rating by two notches, to AA-.
Fitch raised concerns about the strength of Italian banks, particularly in light of the current debt crisis.
It talked of the "small but no longer negligible risk that a further worsening of the eurozone debt crisis and volatility in the value of Italian government bonds will further erode confidence in the banking system".
The agency said a "vicious cycle" could emerge where a growing lack of confidence in Italian banks could knock confidence in government debt, which could in turn undermine the banks further.
With regards to Spain, Fitch also cited the deepening debt crisis, and raised questions about the country's ability to cut its debt levels quickly - and its growth prospects.