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Italy wants to sue the 234 billion euro against the Standard & Poor's

Italy is threatening to sue the rating agency Standard & Poor's for biased, according to the Italians, the evaluation of their historical and cultural heritage

Italian government has threatened to sue the rating agency Standard & Poor's for biased , according to the Italians, the assessment of their historical and cultural heritage . The country that gave the world Dante and Da Vinci would not have received such a low assessment of their creditworthiness if financial analysts from Standard & Poor's paid more attention to its cultural richness , not the budget deficit .

chief Financial inspector Italy believes that S & P analysts had acted illegally and that a rating agency can be sued for 234 billion euros ( 194 billion pounds). «S & P in its ratings never refers to the history of Italy , its art, or natural resources , which are recognized throughout the world and are the basis for the economic stability of the country " , - says the official address of the Accounting Chamber of Italy to the S & P. ​​

agency S & P believes these claims are unfounded .

similar investigation Italian Court of Auditors to hold in relation to other international rating agencies - Moody's and Fitch. Fitch representatives argue that they acted entirely within the law .

Prepared by Mary Onuchina , AI

Sources : theguardian.com , artinvestment.ru


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