Anastasiades: Cyprus’ Economy Upgrading Constitutes a Powerful Confirmation of Our Sound Economic Management

The return of the Cypriot economy to a credit rate after 6.5 years constitutes the most powerful confirmation of the sound economic management we have adopted, Cyprus President Nicos Anastasiades said in a post on Twitter.

Cyprus economy is recovering in a promising way and this is being acknowledged, Anastasiades noted, as 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.

In a written...


This article was automatically added to our system 18-9-2018

Anastasiades: Cyprus’ Economy Upgrading Constitutes a Powerful Confirmation of Our Sound Economic Management


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