Cyprus among top four countries with most to lose from Brexit, says S&P
Standard and Poor’s (S&P) has rated Cyprus 4th among the countries with the most to lose from Brexit. The 2019 ‘Brexit Sensitivity Index 2019: Who...
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Expected ECB rate hike, strong investor interest increased government’s bond appetite
By Stelios Orphanides The decision to go for a €1.5bn bond issue instead of the initially planned €1bn was dictated by a combination of factors,...
S&P affirms its `B/B` credit ratings on Bank of Cyprus Public
S&P Global Ratings said it affirmed its `B/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC). The outlook is positive....
First ratings test for the Cypriot economy on February 2
In early February Moody’s agency will issue its first rating for the Cypriot economy, opening the way for a round of rating actions, estimated to...
Finance minister: S+P upgrade reaffirms growth prospects
The upgrade of Cyprus’ rating by Standard and Poor’s constitutes a reaffirmation of the economy’s growth prospects, as well as the stable and sustainable course...
S&P upgrades Cyprus to BB+ with stable outlook citing stalled reforms
Standard & Poor’s (S&P) said that it upgraded Cyprus’s sovereign rating to BB+ from BB which is still one notch below investment grade and placed...
S&P upgrades Cyprus on ‘gradual recovery’
Standard & Poor’s upgraded its assessment of Cyprus by one notch to BB on Friday, with the rating agency saying the outlook was ‘positive’. In...
S&P upgrades Cyprus on strong budgetary performance
Standard & Poor’s ratings agency on Friday raised its long-term foreign and local currency sovereign credit ratings on Cyprus to ‘B+’ from ‘B’ on strong...
UPDATE: Ratings rise ‘best reward’ as S&P, Fitch upgrade Cyprus
By George Psyllides TWO leading ratings agencies, Standard and Poor’s and Fitch, upgraded their outlook for Cyprus on Friday, based on better-than-expected performance of the...
S&P upgrade
Ratings agency Standard & Poor’s on Wednesday upgraded the sovereign foreign credit rating on Cyprus to CCC-plus from selective default. The move comes in the...
