Scope ratings agency assigns BBB

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Scope ratings agency assigns BBB
 © FamagustaGazette 2019

In its first ever ratings report on the island, German-based ratings agency Scope has assigned a BBB- sovereign rating with a stable outlook to the eastern Mediterranean island, citing its continued economic recovery and fiscal consolidation since the 2013 bail-out, a report by the agency made available on Saturday said.

However, Scope warned in its ratings report that a concentrated and externally-dependent...


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Scope ratings agency assigns BBB


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Views & opinions expressed in this article are those of the author and/or FamagustaGazette .

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