Moody's Affirms Italy Baa2, Criticizes Meloni's Lack of Economic Policy

Moody's maintained Italy's Baa2 rating, implicitly endorsing the Meloni government's fiscal path, but economist Veronica de Romanis argues the government lacks a coherent economic policy, citing an absence of strong structural choices. The affirmation removes near-term downgrade risk, yet the critique underscores persistent concerns over Italy's growth and debt trajectory.