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S&P upgrades Cyprus to BBB-, back to investment grade
Posted: Sat Sep 15, 2018 11:27 am
by Paphos Life
Standard & Poor's upgraded Cyprus' sovereign rating back to investment grade on Friday after rating it junk for more than six years.Assigning it a BBB- rating, S&P also placed the outlook on stable as risks from high private and public debt offset "strong growth prospects", it said....
Read the article and chat about it below...
Re: S&P upgrades Cyprus to BBB-, back to investment grade
Posted: Sat Sep 15, 2018 11:37 am
by WHL
Very good news
Re: S&P upgrades Cyprus to BBB-, back to investment grade
Posted: Sun Sep 16, 2018 8:58 am
by Kili01
I guess the cash for passports scheme has had a beneficial effect in contributing to the countries financial state! There has been substantial foreign investment of all sorts by China and Russia.
Dee
Re: S&P upgrades Cyprus to BBB-, back to investment grade
Posted: Sun Sep 16, 2018 9:04 am
by Dominic
Would it kill you to be positive once?
Re: S&P upgrades Cyprus to BBB-, back to investment grade
Posted: Sun Sep 16, 2018 9:49 am
by Jimgym
Very good news!
Re: S&P upgrades Cyprus to BBB-, back to investment grade
Posted: Sun Sep 16, 2018 12:40 pm
by Jimgward
This should spur investment and great news for the Republic
Re: S&P upgrades Cyprus to BBB-, back to investment grade
Posted: Sun Sep 16, 2018 2:32 pm
by galexinda
Great news for Cyprus which has met the requirements imposed by IMF and other financial organisations following the 'haircut' in 2012 and is now showing a positive economic return. Well done!