Italy Awaits Word From Moody’s on Ratings Decision

I’m Craig Stirling, and today we’re looking at the possibility and consequences of Moody’s cutting Italy to junk later this week. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

Being in the Group of Seven is a mark of economic prowess. So how can one member of that club be on the cusp of being branded a “substantial credit risk”?