From https://metaculus.com/questions/16663/italys-credit-rating-becomes-junk/

Moody’s, whose next credit assessment on Italy is due May 19, rates it at Baa3, one notch above junk. The outlook on that has been negative since August — a notably pessimistic appraisal of the country whose fractious coalition led by premier Giorgia Meloni took office almost exactly six months ago.