Cypriot economy upgraded to BBB by Fitch rating agency

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Paphos Life
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Cypriot economy upgraded to BBB by Fitch rating agency

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International rating agency Fitch upgraded Cyprus' long-term credit rating by one notch to 'BBB' with a stable outlook. Fith cited the outperformance of the country's fiscal balance and growth rate, as well as resilience from the external shock caused by the war in Ukraine, as the reasons behind the upgrade. Regarding the change of government ...

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