Cyprus’ upgrade sends positive message globally

Click For Larger Image & Read More
Cyprus’ upgrade sends positive message globally
 © In-Cyprus 2020
Cyprus’ return to investment grade strengthens the country’s economic prospects and sends globally a positive message, Finance Minister Harris Georgiades said.

Standard & Poor’s upgraded Cyprus’ credit ratings to investment grade, after calling them “junk” for almost seven years. Late on Friday, they raised Cyprus’ sovereign credit ratings to `BBB-/A-3` from `BB+/B` with stable outlook.

S&P were one of the first credit rating agencies to downgrade Cyprus’ ratings to junk, in January 2012.

Speaking at the Finance Ministry in Nicosia, Georgiades said that the...


Read all latest: Cyprus Coronavirus News Updates - Live

This article was automatically added to our system 17-9-2018

Cyprus’ upgrade sends positive message globally


The contents of this article including any associated images are © In-Cyprus 2020
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

Advertise Here

  Trending Cyprus News

Advertise Here

Article Tags: cyprus, upgrade, sends, positive, message, globally,