Moody's credit rating upgrade for Cyprus opens the door to investment, president says
- Moody's upgraded Cyprus' credit rating to A3 from Baa2, opening opportunities for foreign investment, according to President Nikos Christodoulides.
- The upgrade reflects efforts to establish Cyprus as a credible investment destination through fiscal discipline and banking stability.
- Moody's projects debt will drop to 50% by 2027, with an average economic growth of 3.2% from 2024 to 2028.
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Total News Sources0
Leaning Left7Leaning Right2Center14Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 30%
C 61%
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