Oct. 5 (Bloomberg) -- Giuseppe Mussari, head of Italy’s banking association, said the solidity of the nation’s public debt is “not in question” following the downgrade by Moody’s Investors Service.
Mussari, speaking to reporters in Rome today, said Italy needs economic-growth measures. “Borrowing costs are a result of weak growth,” he said, adding that he was waiting to see about possible downgrades of Italian banks by Moody’s.
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