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(Reuters) - Standard and Poor's cut its unsolicited ratings on Italy by one notch, warning of a deteriorating growth outlook and damaging political uncertainty, in a move that took markets by surprise and added to pressure on the debt-stressed euro zone.<img width='1' height='1' src='http://mf.feeds.reuters.com/c/871/f/415342/s/18981085/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=S%26P+cuts+Italy+one+notch%2C+outlook+negative&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F09%2F20%2Fuk-italy-sp-idUKTRE78I6M520110920%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=S%26P+cuts+Italy+one+notch%2C+outlook+negative&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F09%2F20%2Fuk-italy-sp-idUKTRE78I6M520110920%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div><br/><br/><a href="http://da.feedsportal.com/r/112944605459/u/0/f/415342/c/871/s/18981085/kg/268/a2.htm"><img src="http://da.feedsportal.com/r/112944605459/u/0/f/415342/c/871/s/18981085/kg/268/a2.img" border="0"/></a> [More]

Tags:  greece italy greece italy balazs koranyi ed davies kavita chandran phil berlowitz s&p 500 s&p 500