S&P Cuts Italy's Credit Rating

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　　The credit rating agency cut Italy's rating one notch² Monday - from A+ to A.

　　S&P said the country's shaky coalition³ government and differences in parliament limit Italy's ability to act against its ballooning debt and ability to slash⁴ spending.

　　The agency also gave Italy a negative outlook, forecasting weak economic growth.

　　Low credit ratings often scare away investors⁵, who see lower-rated government bonds as risky⁶.

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