OREANDA-NEWS. Fitch Ratings has withdrawn the Italian Province of Venice's 'BBB+' Long-term foreign and local currency Issuer Default Ratings (IDRs) with Stable Outlook, and 'F2' Short-term foreign currency IDR.

Fitch has withdrawn the ratings as the Province of Venice has chosen to stop participating in the rating process.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 Province of Venice.