Standard & Poor's downgraded the credit grades Italy

Organizations assess credit risk Standard & Poor's has rated lagging grade credit rating of Italy from A + to A, with the reason growth is weakening and political instability could lead to instability finance.

"The downgrade reflects our view of the possibility of economic growth weakened in Italy. Fragile alliance management and policy disagreement in Congress will probably continue to limit government's ability to make definitive decisions in a challenging environment of the macro economy and abroad ", S & P argued.

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Italy has been rated S & P Credit grades dropped.

S & P also revised the estimated average GDP growth of Italy in the years from 2011 to 2014 to 0.7%, lags far behind the 1.3% forecast earlier.

Italy was the assessment of default risk that high public debt crisis in Europe is becoming more serious. This surprise move by S & P raises concerns would create "domino effect" across the region using the common currency Euro.

Italy is the first six countries in this region are lower grade credit this year, after Spain, Ireland, Greece, Portugal and Cyprus. This likely means borrowing costs will increase even more in Italy.

Italy is the country's second largest debt burden in Europe and borrowing costs this country has skyrocketed in recent weeks because investors doubt the possibility of payback.

Chart of S & P has always been considered important to investors because it indicates the potential risks when deciding to invest money in a certain economy. Just over a month, lower grade credit assessment of the U.S. S & P has made the world full of hardships, when the economy is the world's leading insolvency warned, even a very small possibility.