Italy soverign debt rating cut by Standard & Poor SP Italian

Italy debt rating cut by S&P from A+ to A. It was inevitable, with Berlusconi’s lack of seriousness in addressing the EUro crisi issue quickly and professionally… whilst he is popping in and out of court under various allegations involving prostitution, bribes and corruption…finally the outside world moves against him and the Italian economy, as domestically little is resolved as many Italians still admire him for been so “machio”.


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