Italy's Credit Rating Cut by Moody's on Weak Growth

Oct. 5, 2011 - Oct. 5 (Bloomberg) -- Italy's credit rating was cut by Moody's Investors Service for the first time in almost two decades on concern that Prime Minister Silvio Berlusconi's government will struggle to reduce the region's second-largest debt amid chronically weak growth. Owen Thomas and David Tweed report on Bloomberg Television's "On the Move." (/Bloomberg) Correction: Clarification:

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