Morningstar DBRS Changes Trends on Republic of Italy to Positive, Confirms Ratings at BBB (high)

DBRS Ratings GmbH (Morningstar DBRS) changed the trends on the Republic of Italy (Italy)'s Long-Term Foreign and Local Currency - Issuer Ratings to Positive from Stable and confirmed the ratings at BBB (high). At the same time, Morningstar DBRS confirmed Italy's Short-Term Foreign and Local Currency - Issuer Ratings at R-1 (low). The trend on all Short-Term ratings remains Stable.