\nAgen\u0163ia de rating Moody’s este de p\u0103rere c\u0103 Italia este singura \u0163ar\u0103 din Europa care risc\u0103 s\u0103 \u00ee\u015fi piard\u0103 ratingul de \u0163ar\u0103 \u015fi s\u0103 retrogradeze la categoria \u201ejunk\u201d. \u00centr-un raport care analizeaz\u0103 modul \u00een care na\u0163iunile au f\u0103cut fa\u0163\u0103 retrograd\u0103rilor, a treia economie din zona euro a devenit singurul candidat pentru o astfel de ajustare, scrie Bloomberg.<\/p>\n
\n\u201eItalia este \u00een prezent singurul stat suveran cu rating Baa3 cu perspectiv\u0103 negativ\u0103. Cre\u015fterea lent\u0103 \u015fi costurile de finan\u0163are mari pot sl\u0103bi \u015fi mai mult pozi\u0163ia fiscal\u0103 a Italiei\u201d, au declarat anali\u015ftii.<\/p>\n
\nMoody’s, a c\u0103rei urm\u0103toare evaluare a creditului Italiei este programat\u0103 pentru 19 mai, \u00eei acord\u0103 ratingul Baa3, cu o treapt\u0103 peste junk. Perspectiva este negativ\u0103 \u00eenc\u0103 din luna august – o evaluare deosebit de pesimist\u0103 a \u0163\u0103rii a c\u0103rei coali\u0163ie condus\u0103 de premierul Giorgia Meloni a preluat puterea \u00een urm\u0103 cu aproape exact \u015fase luni.<\/p>\n
\n\u00cen schimb, S&P Global Ratings \u015fi-a reafirmat s\u0103pt\u0103m\u00e2na trecut\u0103 propria opinie privind Italia la un nivel cu o treapt\u0103 mai ridicat – BBB cu perspectiv\u0103 stabil\u0103. Fitch Ratings are o opinie similar\u0103.<\/p>\n
\nItalia se confrunt\u0103 cu \u201eriscuri sporite\u201d \u00een jurul implement\u0103rii unor reforme cruciale menite s\u0103 revigoreze poten\u0163ialul s\u0103u de cre\u015ftere, au scris anali\u015ftii Moody’s, cit\u00e2nd m\u0103suri, inclusiv cele legate de atragerea banilor din Fondul de redresare al Uniunii Europene.<\/p>\n
\nUltimul episod de cre\u015ftere economic\u0103 se datoreaz\u0103 unei perioade mai lini\u015ftite \u00een politic\u0103, obiectivului declarat al guvernului italian de pruden\u0163\u0103 fiscal\u0103 \u015fi garan\u0163iei antifragmentare a B\u0103ncii Centrale Europene.<\/p>\n
\nOrice eventual\u0103 retrogradare la categoria junk ar afecta economia na\u0163ional\u0103 \u015fi ar aduce \u0163ara \u00eentr-un teritoriu necunoscut, din cauza retrograd\u0103rii care face ca obliga\u0163iunile sale s\u0103 fie mai pu\u0163in atractive pentru investitori.<\/p>\n
\nO astfel de mutare nu ar afecta participarea sa la programele de achizi\u0163ionare de obliga\u0163iuni ale BCE. Datoria guvernamental\u0103 este eligibil\u0103 at\u00e2t timp c\u00e2t cel pu\u0163in una dintre cele patru mari agen\u0163ii de rating consider\u0103 c\u0103 Italia este sigur\u0103 pentru investitori.<\/p>\n
\n\u00cemprumuturile Italiei dep\u0103\u015fesc 140% din PIB, \u00een timp ce cre\u015fterea economic\u0103 r\u0103m\u00e2ne \u00een continuare slab\u0103 din punct de vedere istoric. De asemenea Italia risc\u0103 s\u0103 nu finalizeze unele proiecte necesare pentru a debloca banii europeni p\u00e2n\u0103 la termenul limit\u0103 din 2026.<\/p>\n
\nMoody’s a precizat c\u0103 28 de \u0163\u0103ri au fost retrogradate la \u201ejunk\u201d din 1995 \u00eencoace. Dintre acestea, doar 12 au reu\u015fit s\u0103 recupereze ratingul de investi\u0163ii, iar timpul necesar variaz\u0103 \u00eentre aproximativ trei \u015fi 14 ani, procesul implic\u00e2nd “transform\u0103ri majore”, inclusiv \u00eembun\u0103t\u0103\u0163iri institu\u0163ionale \u015fi consolidarea finan\u0163elor publice.<\/p>\n","protected":false},"excerpt":{"rendered":"
Agen\u0163ia de rating Moody’s este de p\u0103rere c\u0103 Italia este singura \u0163ar\u0103 din Europa care risc\u0103 s\u0103 \u00ee\u015fi piard\u0103 ratingul de \u0163ar\u0103 \u015fi s\u0103 retrogradeze la categoria \u201ejunk\u201d. \u00centr-un raport care analizeaz\u0103 modul \u00een care na\u0163iunile au f\u0103cut fa\u0163\u0103 retrograd\u0103rilor, a treia economie din zona euro a devenit singurul candidat pentru o astfel de ajustare, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[36072,82,190,188,438,80,23881],"class_list":["post-215320","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-agentii-de-rating","tag-bani","tag-crestere-economica","tag-economie","tag-europa","tag-refuz","tag-retrogradare"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/215320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=215320"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/215320\/revisions"}],"predecessor-version":[{"id":215336,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/215320\/revisions\/215336"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=215320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=215320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=215320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}