Fitch ups #Italy from BBB- to BBB despite an exorbitant debt ratio. Expects debt ratio to fall <154% of GDP by end-2021 from its peak of 155.6% at end-2020 compared with the ‘BBB’ current median of 54% of GDP. Sees GDP at ~150% of GDP by 2025. h/t Holger Zschaepitz
Our Twitter for Quick Updates: Twitter Follow Us