credit rating

Finance Ministry Prepares for Market Comeback After Credit Rating Boost

Cyprus is gearing up for a robust return to financial markets, buoyed by a credit rating boost to BBB+ by Standard and Poor’s, reflecting its solid fiscal performance and economic recovery. The move aims to support government funding needs and sustain growth, showcasing the nation’s economic resurgence and investor confidence.

Stability in the Rating: Cyprus Holds BBB+ Status

By Demis Papadopoulos

Cyprus maintains a BBB+ credit rating with a stable outlook, indicating strong fiscal performance and economic resilience. Key factors like robust growth rates and a commitment to reforms support this rating, with projected GDP growth of up to 3% by 2025 showcasing the nation’s economic stability.