About: http://data.cimple.eu/news-article/53690955c7bc3cc56776d62dbda9b66870fa5bb86afb53decf3e784f

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About: http://data.cimple.eu/news-article/53690955c7bc3cc56776d62dbda9b66870fa5bb86afb53decf3e784f Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	S&P Global Ratings on Friday held the grade on Italy's government debt steady at BBB but upgraded the outlook to stable from negative, noting improved prospects to restart growth amid the pandemic. "The COVID-19 pandemic has hit Italy's economy hard; under our projections, GDP will not return to 2019 levels until 2023," the agency said in a statement. S&P estimates the Italian economy will contract by about 9 percent this year, before recovering by 6.4 percent next year. However, low interest rates and expanded measures by the European Central Bank (ECB) could provide a huge injection to the Italian economy. "In our view, despite macroeconomic uncertainties, these steps provide Italian authorities an opportunity to restart economic growth and to reverse the deterioration of its budgetary performance," the statement said. hs/mdl
schema:headline	S&P upgrades Italy debt outlook to stable
schema:mentions	European Central Bank Government debt Gross domestic product Italy Pandemic Coronavirus disease 2019 S&P Global Macroeconomics Outlook.com
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-23 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	sadness

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