20.02.2015 17:42:00
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Italy, Government of -- Moody's: Italy set to benefit from reforms, though debt to GDP ratio to decline only gradually
Frankfurt am Main, February 20, 2015 -- Italy's (Baa2 stable) economy is gradually recovering, but its growth trajectory will likely remain low in the coming years, says Moody's Investors Service in a report published today. The rating agency expects that the muted economic growth prospects will result in a gradual decrease of the country's very high debt burden.