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Tag: Cyprus Economy

Cyprus back on track. S&P raises Cyprus credit rating to BBB.

Sep 21, 2018
On Friday 14/09/2018 Standard & Poor’s Global Ratings raised its long- and short-term foreign and local currency sovereign credit ratings on Cyprus to ‘BBB-/A-3’ from ‘BB+/B’ with a stable outlook....

UPDATE ON THE CYPRUS ECONOMY

Mar 26, 2013
Cyprus reached a €10bn bailout deal with international lenders on Monday (25/03/2013) morning. The deal avoids a levy on bank accounts but will force large losses on big deposits in the island’s two...