S&P Rating Boost Signals Strong International Investor Confidence for Cyprus
6 Articles
6 Articles
S&P rating boost signals strong international investor confidence for Cyprus
S&P Global Ratings has upgraded Cyprus’ long-term credit rating to A, while maintaining a positive outlook for the country’s sovereign debt. The upgrade was welcomed by President Nikos Christodoulides, Finance Minister Makis Keravnos and Bank of Cyprus chief executive Panicos Nicolaou, who described it as a sign of confidence in the resilience and prospects of […]
The international agency upgraded the country's credit rating, maintaining a positive outlook due to growth, surpluses and debt reduction.
S&P Global Ratings has upgraded the credit rating of the Republic of Cyprus from "A-" to "A", while maintaining the positive outlook. With the S&P rating ... The article Cyprus at grade "A" by S&P, for the first time since 2010 was published in NewsIT .
The upgrade of the credit rating of the Republic of Cyprus by S&P, in a period of great instability and uncertainty, while conflicts and geopolitical negative developments continue, acquires particular weight and importance for the prospects of the Cypriot economy, stated the Minister of Finance Makis Keravnos, in a statement on Saturday. The Minister of Finance expresses satisfaction with the decision of S&P Global Ratings to upgrade the credit…
The rating agency S&P Global Ratings upgraded on Friday evening the long-term and short-term credit ratings of Cyprus in local and foreign currency from “A-/A-2” to “A/A-1”, characterizing the outlook for the long-term rating as positive. According to an announcement by the agency, it is expected that the growth of the Cypriot economy will continue, resulting in strong fiscal revenues […] S&P upgrades Cyprus to “A” – Keravnos celebrates
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