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Standard & Poor's warns Italian election may halt reforms

Rating agency warns of result of weak government

20 February, 19:35
Standard & Poor's warns Italian election may halt reforms (ANSA) - Rome, February 20 - Italy risks losing its momentum on making important structural reforms if the coming election ends with a weak government, Standard and Poor's warned Wednesday.

"We believe that there is a risk that after the elections...there may be a loss of momentum on important structural reforms to improve Italian growth prospects," said Moritz Kraemer of the ratings agency.

Italians vote for a new government on Sunday and Monday.

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