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,...
upgrade
Fire service to receive upgraded vehicles
By the end of the year, 18 new vehicles will upgrade the firefighting and rescue fleet, director of the fire services Marcos Trangolas said on...
DBRS upgrades Cyprus long-term foreign and local currency
DBRS Ratings Limited has upgraded Cyprus long-term foreign and local currency – issuer ratings from BB (low) to BB and maintained the positive trend. DBRS...
Fitch upgrades Cyprus to one step below investment grade
Fitch has upgraded its rating on Cyprus’ to ‘BB+’ from ‘BB’ because of the country’s strong cyclical economic recovery and prudent fiscal policy. Fitch’s rating...
UK spending money to strengthen cyber security of NHS -Fallon
Britain is spending around 50 million pounds (€58,9million) on improving the security of the National Health Service’s computer systems and had warned the NHS it...
Moody’s upgrades BoC, Hellenic one notch
Moody’s Investors Service on Wednesday upgraded, by one notch, the long term local and foreign currency deposit ratings of Bank of Cyprus to Caa2, and...
Fitch upgrades Cyprus to ‘BB-‘
Fitch Ratings has upgraded Cyprus by one notch from ‘B+’ to ‘BB-’with a positive outlook on continuing strong progress in its adjustment following the 2013...
Fitch upgrades Cyprus to B+ citing fiscal, economic overpeformance (Updated)
By Stelios Orphanides Fitch Ratings upgraded Cyprus’ long-term foreign and local currency issuer default rating by two notches to B+ and placed it on positive...
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...
Moody’s upgrades Cyprus’ credit worthiness to positive
Moody’s ratings agency has upgraded Cyprus’ credit worthiness from negative to positive, citing the island’s stronger-than-expected fiscal and economic performances in 2013 and the authorities’...
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...