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Italy Survives S&P Scrutiny Of Meloni’s Worsened Debt Trajectory

Summary by Bloomberg
(Bloomberg) -- Italy’s credit status remains intact at S&P Global Ratings, which enacted the first major scrutiny on a worsened trajectory for debt foreseen by Premier Giorgia Meloni’s government.In a statement on Friday, the company listed the euro zone’s third-biggest economy as one of the sovereigns that it had just reviewed without issuing any analysis. The country is still assessed at BBB, or two notches above junk, with a stable outlook th…

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Bloomberg broke the news in United States on Saturday, April 20, 2024.
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