Ratings agency Fitch said
Thursday it saw a risk of expansive fiscal policies after the
March 4 general election. "We are concerned that fiscal policy
may become expansionary after the elections," said Michele
Napolitano, Fitch's western Europe sovereign debt head. "And
that, with a fragile majority with the risks of an early
election it could be difficult to take effective fiscal measures
or adopt unpopular reforms. We are, however, less concerned
about a populist euroskeptical drift and we do not think it
likely there will be a government committed to taking Italy out
of the euro".
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