Moody's lifts Italy's debt outlook to stable in boost for Meloni govt

Moody's lifts Italy's debt outlook to stable in boost for Meloni govt

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Moody's (NYSE: ) on Friday left Italy's sovereign debt rating at Baa3, one notch above junk, but upgraded the outlook to stable from negative, in an unexpected boost for Prime Minister Giorgia Meloni's government. Most analysts had expected the agency to leave both Italy's rating and outlook…

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