Moody’s Ratings changed this Friday (23) the perspective of Italy from stable to positive and reaffirmed the long -term and senior emitter ratings without guarantee in “BAA3”.
The change of perspective reflects the IMPROVEMENT IN THE FISCAL PANORAMAwith a background of fiscal performance better than expected in 2024 and a stable internal political environment, which increases the likelihood that indicators will continue to improve, explains Moody’s.
According to the risk classification agency, the positive perspective is also supported by a “robust labor market, solid assets of families and companies and a healthy banking sector”.
The statement of ratings in “BAA3” takes into account the great economy of Italy, the effectiveness of institutions and governance in relation to rating pairs, says Moody’s.
“At the same time, the statement captures the high burden of Italian debt that – together with the gradual reduction of payment capacity and structural challenges related to population aging – remains a restriction on their credit profile,” he adds.
