Fitch confirms Italy’s rating at Bbb+: high debt slows growth

The Fitch ratings agency confirmed Italy’s long-term rating at Bbb+, with a stable outlook. The agency highlights the country’s “large, increasingly diversified and high value-added” economy, along with “relatively robust” governance indicators. “Prudent management” Among …

Written by: Jack Williams

Published on: September 15, 2026

“Prudent management”

Among the positive factors, Fitch notes Italy’s strong commitment to complying with European Union fiscal rules and pursuing prudent management of public finances. The agency forecasts “essentially unchanged” deficits starting in 2026, along with a 0.3 percentage point increase in the primary balance.

Decline in debt/GDP from 2027

On the other hand, Fitch highlights that Italy’s rating is held back by a “very high” public debt and a “limited” medium-term growth potential. According to the agency’s forecasts, the debt-to-GDP ratio will reach a peak of 138.2% in 2026, and then gradually decline starting in 2027.

Jack Williams

Jack Williams established himself as the editor-in-chief of The Vermilion with rigorous journalistic traits and an incessant quest for truth. His career began as an investigative reporter, where he quickly gained a reputation for his in-depth research and insightful articles. Williams takes his role at The Vermilion very seriously. Since he became editor-in-chief, he has set an editorial line based on impartiality, factual accuracy, and context relevance; this has established The Vermilion as a reference for political, economic, and global news. Under his leadership, the media continues its mission of reporting news with accuracy and equanimity, giving a voice to those who are often overlooked by large-scale media. Jack dedicates himself to fulfilling this mandate with passion, rigour, and unwavering determination.