S&P confirms Italia rating: BBB+ with positive outlook
In January, the agency had kept its rating unchanged at BBB+ and upgraded the outlook to positive
Standard and Poor's confirms Italia's rating, leaving unchanged the assessment made in January when it had given the country a BBB+ rating but improving the outlook by indicating a positive 'outlook'.
The decision comes at the end of a day in which public accounts have been the focus of attention.
The war in Iran and the closure of Hormuz has had an impact on energy prices and the government's goal remains to help households and businesses cope with the current phase.
The vice-premier Antonio Tajani intervened on the subject, arguing that there should be more than just buffer interventions on excise duties. "I don't exclude a corrective manoeuvre," he added on a day when the spread rose again. But this is not the path the government has taken.
Economics Minister Giancarlo Giorgetti is instead aiming to obtain more flexibility from the EU, using the same clause for energy as for defence, which allows for deficit overruns.
