Credit Trends - Italy

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Thursday, February 16, 2023 | 09:30 - 11:00 CET

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Government of Italy – Baa3 negative

2023 outlook is negative driven by the energy crisis and geopolitics

Europe's economy starts the year better than expected but still set to slow

ECB's latest rate hike is credit positive for banks, but lower lending and higher cost of risk will limit benefits

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