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Fitch affirmed Italy at BBB, with stable......>

ITALY
ITALY: Fitch affirmed Italy at BBB, with stable outlook; cited its "diversified,
high-value-added economy with GNI per capita, governance and human development
indicators much stronger than the peer group median;" but there's also
"extremely high level of public debt, a track record of fiscal slippage,
relatively high net external debt, low trend GDP growht, ongoing weakness in the
banking sector, and political risk."

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