Italy’s outlook improved to stable – Danske Bank

FXStreet (Edinburgh) - Morten Helt, Senior Analyst at Danske Bank, remarks the improvement in the Italian economy.

Key quotes

“Last night, Fitch revised Italy's outlook to Stable from Negative and at the same time affirmed Italy's long-term ratings at 'BBB+'”.

“The revision reflects a significant improvement in sovereign financing conditions since mid-2012. S&P affirmed France’s Aa/A-1+ ratings with a stable outlook”.