Fitch Affirms Region of Sicily at 'BBB'; Outlook Stable

Fitch Ratings has affirmed Sicily’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB’ with Stable Outlooks, and Short-Term Foreign Currency IDR at ‘F3’. The region’s senior unsecured debt has also been affirmed at ‘BBB’. The affirmation reflects recovering fiscal performance, ongoing budgetary discipline, as well as limited budgetary flexibility. The Stable Outlook reflects our expectation of no […]

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