Standard & Poor's on Friday night
confirmed Italy's credit rating at BBB with a stable outlook.
Although Italy's growth forecasts have fallen, it said, that
does not change the score on the country's ability to service
its high debt, the second highest in the eurozone after
Greece's.
This was the first judgement on the government's 2024 budget
bill, on which the government is convinced it has acted with
balance and prudence, as reiterated lately by Premier Giorgia
Meloni and Economy Minister Giancarlo Giorgetti.
The latter called S&P's decision to confirmed Italy's rating "an
honest judgement".
After S&P, Fitch and Moody's will shortly issue their latest
ratings of Italy's credit.
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