ROMA (ITALPRESS) – Moody’s raises Italy’s rating by bringing it from ‘Baa3’ to ‘Baa2’. The outlook goes from positive to stable. It is the first promotion for our country, by the agency, after 23 years.
“We welcome Moody’s upgrade to Italy with great satisfaction, an important result that has not happened for 23 years.” Thus the President of the Council, Giorgia Meloni, who is in Johannersburg for the G20. “This recognition – he adds – rewards the serious and responsible work of our government, the result of consistent choices on the accounts and structural reforms, but also the work and commitment of our enterprises and our workers.” “I would like to thank in particular Minister Giorgetti for the constant and scrupulous effort in the management of accounts – he said. The promotion of Moody’s is a confirmation of market confidence not only in the government, but in Italy all”.
“We are satisfied with the promotion of Moodys, the first after 23 years. A further confirmation of the regained trust in this government and therefore in Italy.” Thus in a note the Minister of Economics and Finance Giancarlo Giorgetti, commenting on the rise of Italy’s rating by Moody’s.
“After so many years Moody’s also gives us growth and it is mainly due to this government that is working to go in the right direction both with regard to public accounts, and with regard to industrial policy.” Thus Antonio Tajani, Vice-Premier and Minister of Foreign Affairs, in the margin of the General States of International Trade organized by Forza Italia today in Turin. “We are very pleased with the overall picture photographed by Moody’s, which rewards Italy and also gives satisfaction to our citizens, gives credibility – Tajani added. When we go to present ourselves on international markets with our products, we also ask to invest in our country and when judgments are so positive it means that we can attract investments. We also want to promote Italian and not just foreign investments.”.
“Italy is increasingly appreciated, credible, reliable: the improvement of the Moody’s rating, the first after 23 years, confirms that we are on the right path”. So on X the Minister of Enterprises and Made in Italy, Adolfo Urso.
– photo IPA Agency –
(ITALPRESS).
