Rome April 11, 2025 – “S&P’s judgment rewards the seriousness of the Italian government’s approach to budget policy. In the general uncertain climate, prudence and responsibility will continue to be our line of action” said Economy Minister Giancarlo Giorgetti welcoming the Standards and Poor’s upgrade which raised Italy’s rating BBB+ from BBB with positive outlook.
S&P's upgrade comes just days after the decision to Fitch Ratings to confirm Italy's rating at BBB with positive outlook.