Italy Wins S&P’s Credit Rating Upgrade in Another Win for Meloni

S&P Revises Egypt’s Credit Outlook to ‘Stable’

Standard & Poor’s (S&P), a major global credit rating agency, has changed Egypt’s credit outlook from negative to stable and affirmed its long-term and short-term foreign and local currency sovereign credit ratings for Egypt at B-/B. The revision recognizes Egypt’s progress on economic reforms amid persistent challenges from global financial volatility. S&P acknowledged Egypt’s persistent challenges, such as high inflation, a substantial debt bu…

Diversified economy, savings reserves and stable prospects balance the critical issues related to high public debt and demographic challenges

Italy Wins S&P’s Credit Rating Upgrade in Another Win for Meloni

Italy’s rating was upgraded by S&P Global Ratings — the third such plaudit from credit assessors anticipating improvements in the country’s public finances.

Economy Minister Giorgetti: “The seriousness of the government's approach to budgetary policy has been rewarded.” Analysts say that the SOS weighs on the judgment...

S&P Global Ratings raised Italy's long-term sovereign foreign and local currency ratings from BBB to BBB+ and confirmed its short-term ratings to A-2. The outlook is stable

The agency unexpectedly improves its judgment on Italian debt. Giorgetti: “The seriousness of the Government's approach has been rewarded. We will continue like this.”