Default risk, analysts' alarm for Italian companies - The interview with Mirko Tramontano on Quotidiano Nazionale

Quotidiano Nazionale published an interesting article by Giorgio Costa on the current Italian macroeconomic scenario, marked by continuously rising inflation, growing geopolitical tensions and an increase in ancillary costs and raw materials. In this context, Italian companies are facing increasingly complex challenges, with the risk of default constantly on the rise: according to the latest Credit Outlook 2024 from Cerved Rating Agency, last December, this rate rose to 6.22%. Compared to three years ago, the number of companies with a positive rating has decreased, while the number of companies with a high risk of insolvency has grown. Mirko Tramontano, CEO of MyCredit, pointed out that '2024 began with a strong desire on the part of Italian companies to improve their market positioning. It is essential that this constructive approach, aimed at recovering the ground lost during the period of rising ECB interest rates, is accompanied by a greater ability to structure themselves in order to attract capital and enable sustainable growth. If we then look at the real estate sector, as well as the tourist real estate sector, we see daily evidence of great resilience and strong interest in investing with both Italian and foreign capital: this demonstrates the excellent resilience of these sectors, which are destined to see a recovery in volumes first and then in values, with obvious benefits for companies in the sector, provided they are able to adapt their quality standards to current market demands.