Moody’s Investors Service advised employees in China to stay out of the office and work from home this week, after the rating agency downgraded its outlook to negative from stable, while maintaining its A1 long-term Chinese sovereign rating. The agency cited lingering concerns about medium-term growth and the continued shrinkage of the real estate sector, […]
Tag: temperamental
Moody’s, Fazzolari against the owls of the left: “It’s a bad period for them”
«Moody’s is also promoting Italy, as the other three rating agencies have done previously. Rewarding the seriousness of the Meloni government and the careful management of public accounts carried out by Economy Minister Giorgetti”, comments Giovanbattista Fazzolari, undersecretary for implementation of the government program. «Italy’s image is once again successful and credible after the disasters […]
Moody’s downgrades Italy: negative outlook. The Mef emerges: “Questionable and unjustified decision”
Moody’s announced the change in the outlook on Italy’s sovereign rating from “stable” to “negative”. Although the worsening outlook, as is well known, does not necessarily predict an imminent rating downgrade and if something signals a monitoring phase that could last many months, the decision seems questionable: these are the words contained in a Mef […]