Slow pace: Workers at the assembly line at the Lamborghini plant in Sant’Agata Bolognese. The Italian economy is struggling to build momentum, and the government has cut its outlook for growth this year to 0.6%, down from a target of 1.2%. — AFP
ROME: Italy’s credit score is skewed toward a potential upgrade at Moody’s Ratings, which has just joined rivals in rewarding Premier Giorgia Meloni’s push for fiscal restraint.
The eurozone’s third-biggest economy remains at Baa3, one step above junk, but now has a positive outlook on that, with the credit assessor shifting its view.
