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-Fitch Ratings: Italian Credit Ratings' Sovereign Links Vary by Sector

Jan 09, 2019 - ENP Newswire

Italian banking and insurance are the sectors whose ratings would be most affected in the event of hypothetical Italian sovereign stress scenarios, Fitch Ratings says in a new report.

Ratings of non-financial corporate issuers would typically be less affected.

We assessed the cross-sector rating impact of two purely hypothetical Italian sovereign stress scenarios. Each scenario comprises a set of macroeconomic indicators associated with a reduction of Italy's 'BBB'/Negative rating - ...