DBRS Credit Ratings: Italy's debt situation "still manageable"

Commenting on the sharp rise in Italian T-bond yields in an e-mailed statement, DBRS Credit Ratings agency told Reuters that despite the increase witnessed in the borrowing rates in recent days, the debt situation was still manageable. Below are other key quotes, via Reuters.

This is because Italy's public debt residual maturity is at around seven years so it will take time before average yields are impacted.

In any case, Italy's fiscal and economic fundamentals have improved in recent years.