Credit rating agency Egan-Jones Ratings released a report Wednesday, Italy's sovereign rating from "B +" lowered to "CCC +", said the likelihood of default of the debt of the country in the next year to 22 percent.
 
This credit rating agency pointed out that, faced with borrowing costs at a higher level situation, the Italian and the local government in the 2012 exhibition of about 183 billion euros (about $ 222 billion) debt, and in the next year extension of about 214 billion euros (about $ 260 billion) in debt.
 
The report stated: interventions to be taken in the future of the European Central Bank and the International Monetary Fund (IMF), will provide part of the liquidity, but may make the existing creditors in a secondary position if the euro-zone economic downturn, then Italy will not be able to support all of the debt. "
 



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