MILAN, 16 JAN – The outlook on Mood’s sovereign ratings for the Eurozone is negative. This can be read in a note in which it is underlined that “the energy crisis, rising interest rates and the slowdown in global growth will lead to a slight recession”. “Support measures at national and EU level to mitigate the effects on the global supply chain – continue Moody’s analysts – will mitigate some of these factors, but 60% of Eurozone countries will be in recession in 2023” and “ the GDP of Germany, Italy and Slovakia will fall below pre-pandemic levels” according to Heiko Peters of Moody’s. (HANDLE).
(ANSA)