The confirmed classification of Moody’s Italy in Baa3 and improved positive perspectives. Improving the perspective explains the agency’s note, “reflects the improvement of budget perspectives, in a better -than -expected tax performance context in 2024 and an internal stable political context, which increases the likelihood that budget indicators will continue to improve, according to the structural plan of the middle market, the government budget.
Confirmation of the BAA3 classification, Moody’s continues: “It takes into account the dimension of the Italian economy and its effective institutions and governance compared to competing countries. The size and richness of the Italian economy, its effective decision) and the training and training is of high degree of economic resilience, the same time as confirmation is confirmation and confirmation of public debts, confirmation. The aging of the population continues to represent a limit to their credit profile. “
Economy Minister Giancarlo Giorgetti commented on confirmation of Italy’s classification by the International Rating Agency: “Moody’s trial is the result of serious and silent work that we have been done since the start of the government. Companies and even Italian benches.”
Source: IL Tempo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
