The leading European stock indicators have opened bids with a reduction of Italy’s rating by Standard & Poor’s, RIA Novosti reports.
The CAC 40 indicator (France) dropped by 0.98% to 2911.13 points, according to 11.03 pm figures, the FTSE 100 (UK) fell by 0.7% to 5221.90 points, while DAX (Germany) fell by 0.7% and reached 5379.86.
Standard & Poor’s reduced the long-term credit rating of Italy from A+ to A, on the background of problems with the state debt. Italian Prime Minister Silvio Berlusconi believes that the rating change is mainly based on information published by mass media, rather than real facts.
