«Moody’s is also promoting Italy, as the other three rating agencies have done previously. Rewarding the seriousness of the Meloni government and the careful management of public accounts carried out by Economy Minister Giorgetti”, comments Giovanbattista Fazzolari, undersecretary for implementation of the government program. «Italy’s image is once again successful and credible after the disasters of the PD-M5S governments. Bad period – concludes the FdI exponent – for those who support Italy”.
Great satisfaction also on the part of the Undersecretary of Economy, Lúcia Albano. «The confirmation of Italy’s Baa3 rating by Moody’s, together with the decision to review the outlook for the better, from “negative” to “stable” is a source of great satisfaction. It represents a confirmation of the serious, prudent and responsible approach to budgetary policies chosen by the Government and a great denial for those who believed in our failure. We are now moving forward with the approval of the budget law also in Parliament.” This is what the Undersecretary of Economy and Finance Lúcia Albano said in a statement.
Source: IL Tempo
Emma Fitzgerald is an accomplished political journalist and author at The Nation View. With a background in political science and international relations, she has a deep understanding of the political landscape and the forces that shape it.
