S&P Global Ratings upgraded Italy’s long-term credit rating from “BBB” to “BBB+” on April 11, 2025, citing improved economic, external, and monetary buffers amid global challenges. The outlook remains stable. Factors contributing to the upgrade include resilient exports, high domestic savings rates, and stabilizing debt-to-GDP levels. Additionally, Italy’s monetary flexibility has benefited from declining inflation across the eurozone and the European Central Bank’s credibility
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