Fitch confirms Italy's BBB rating, outlook stable
Fitch ratings agency on Friday night confirmed Italy's credit rating at an unchanged BBB, with a stable outlook, a few weeks after Standard & Poor's did the same, Azernews reports, citing ANSA.
The Italian economy is sufficiently large and diversified, Fitch said, but Italy's debt remains high, budget policy shows signs of easing, and yields have risen.
Fitch said Premier Giorgia Meloni's government is showing better resilience than its predecessors, but the executive faces "considerable political pressure to deliver on electoral commitments".
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!