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Fitch Affirms Cyprus at “A-” With Positive Outlook Amid Strong Fiscal Performance and Economic Resilience
The credit rating agency Fitch Ratings reaffirmed Cyprus’s long-term foreign currency issuer default rating at “A-” with a positive outlook on Friday evening, citing the country’s strong fiscal performance, solid economic fundamentals, and the policy credibility stemming from its membership in the European Union and the Eurozone. According to the American agency, Cyprus’s rating reflects “the level of per capital income above the ‘A’ average, the strong fiscal results and
1 day ago4 min read
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