Global credit rating agency Fitch Ratings has upgraded Cyprus’s credit outlook from stable to positive while affirming its long-term issuer default rating at ‘A-‘. The revision reflects the island nation’s improving economic fundamentals, strengthened fiscal position, and resilient recovery prospects amid ongoing regional and global uncertainties. This update signals growing investor confidence in Cyprus’s creditworthiness and economic trajectory, marking a significant milestone in the country’s financial landscape.
Fitch Upgrades Cyprus Outlook to Positive Reflecting Economic Resilience
Fitch Ratings has revised Cyprus’s credit outlook to Positive, while affirming its sovereign credit rating at ‘A-‘. This move underscores the country’s robust economic performance and its ability to navigate global uncertainties effectively. Key factors influencing Fitch’s decision include Cyprus’s steady GDP growth, improved fiscal metrics, and prudent policy…
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Author : Jackson Lee
Publish date : 2025-11-23 03:55:00
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