OREANDA-NEWS. Fitch Ratings has withdrawn the Italian Province of Bologna's (Metropolitan City from 1 January 2015) 'BBB+' Long-term foreign and local currency Issuer Default Ratings (IDRs) with Negative Outlook, and 'F2' Short-term foreign currency IDR.

Fitch has withdrawn the ratings as the Metropolitan City of Bologna has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for the Metropolitan City of Bologna.