Italy Gets First Moody’s Upgrade Since 2002 in Meloni Win

Premier Giorgia Meloni — Premier Giorgia Meloni
Photographer: Nichlas Pollier/Bloomberg

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By Alessandra Migliaccio

November 21, 2025 at 9:42 PM UTC

Updated on

November 22, 2025 at 11:07 AM UTC

Italy achieved its first upgrade from Moody’s Ratings in more than 23 years, a victory for Premier Giorgia Meloni that ends an era when the country teetered at the brink of junk.

The lowest credit score for any Group of Seven economy was lifted by one notch to Baa2, according to a statement on Friday. The outlook is now stable.