Meloni Wins Hope of Moody’s Italy Upgrade From Brink of Junk

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 euro zone’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 on Friday.