Morningstar: The fiscal austerity policies pursued by Meloni in Italy are likely to continue.

date
17/10/2026
Morningstar DBRS said that even if Italy falls into political turmoil again, the country is still likely to comply with EU budget discipline. DBRS believes the main political risk is an inconclusive election result leading to a hung parliament, but the risk of the next government deviating significantly from EU fiscal rules is limited. Rising interest burdens and other factors will continue to constrain the fiscal outlook, so the next government must reaffirm Italy's commitment to prudent fiscal policy and introduce credible measures.