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Italy rating cut possible without reforms - Moody's

If we saw weakening in growth and failure to implement NRRP

(ANSA) - ROME, OCT 5 - A cut to Italy's credit rating is possible without reforms, Moody's said Wednesday.
    Moody's, which did not change its assessment of Italy after the recent general election, pending the formation of a new government, said "we will probably downgrade Italy's rating if we saw a significant weakening in the country's medium term growth prospects because of the failure to implement growth-stoking reforms, including those laid out in the (massive EU-funded post-COVID) Recovery and Resilience Plan (NRRP)".
    (ANSA).
   

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