(ANSA) - MILAN, OCTOBER 05 - Moody's, which after the elections has not changed its opinion on Italy, today at Baa3 with a negative outlook, is waiting for the formation of a new government and warns, without reforms the rating could be cut.
"We would probably downgrade Italy's ratings if we were to see a significant weakening of the country's medium-term growth prospects, due to the failure to implement growth-enhancing reforms, including those outlined in the NRP," the analysts write in an update and analysis report on possible developments.
"Tighter financing conditions, high inflation, risks to energy supplies from Russia and a more complex political context are weighing on Italy's growth prospects and debt dynamics," analysts explain.
(HANDLE).
