CI Ratings ups Cyprus outlook to ‘positive’

Click For Larger Image & Read More
CI Ratings ups Cyprus outlook to ‘positive’
 © FinancialMirror 2022
Capital Intelligence Ratings affirmed late Friday the Republic of Cyprus long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR) at ‘BB+’ and ‘B’, respectively, revising the outlook for the ratings from ‘stable’ to ‘positive’ on strong recovery. CI Ratings said the revision of the outlook “reflects strong prospects of recovery from the adverse impact of Covid-19 with real GDP returning to solid growth, tourism recovering faster than expected, and the public finances set to improve.” It said that “the ratings are supported by declining refinancing risks in tandem with...


Click to view: Cyprus News Headlines Today - Live

Article automatically added to our system on Saturday, September 18, 2021

CI Ratings ups Cyprus outlook to ‘positive’


Contents of this article including associated images are © FinancialMirror 2022
Views & opinions expressed are those of the author and/or FinancialMirror .

Article Tags: #ratings   #cyprus   #outlook   #positive  


Advertise Here

  Popular Today


  Trending Cyprus News