Moody's Lifts Italy's Outlook With Rating Affirmation on Improved Fiscal Profile
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Moody's has upgraded Italy's outlook to positive from stable while affirming its long-term ratings at Baa3. This decision reflects Italy's improved fiscal performance in 2024, a stable political environment, and a strong labor market. However, challenges remain due to high debt levels, weakening debt affordability, and an aging population.
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