Italian banks have suffered another blow with a mass downgrade by rating agency Moody's. <br /><br />They were already struggling with shrinking demand and soaring bad loans in austerity-hit Italy. <br /><br />The 26 large and medium-sized Italian banks that have had their ratings cut will find it more difficult to borrow money. <br /><br />...<br />http://www.euronews.net/
