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Empresas y finanzas

Moody's cut Italy ratings by 3 notches


    NEW YORK (Reuters) - Moody's Investors Service on Tuesday cut Italy's bond ratings by three notches, saying it sees a "material increase" in funding conditions for euro zone countries with high levels of debt.

    Moody's downgraded Italy's ratings to A2 from Aa2 and kept a negative outlook on the rating, a sign that further downgrades are possible in the couple of years.