S&P raises Cyprus credit rating to BBB-

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S&P raises Cyprus credit rating to BBB-
 © CyprusPropertyNews 2018
Cyprus got its investment credit worthiness back on Friday as Standard & Poor’s raised the country's credit rating from BB+ to BBB- with a stable outlook, five years after the financial collapse.

On Friday Standard & Poor’s Global Ratings raised its long- and short-term foreign and local currency sovereign credit ratings on Cyprus to ‘BBB-/A-3’ from ‘BB+/B’ with a stable outlook. In its announcement S&P explained the rationale behind its decision: The Cypriot economy will continue to...


This article was automatically added to our system 15-9-2018

S&P raises Cyprus credit rating to BBB-


The contents of this article including any associated images are © CyprusPropertyNews 2018
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