Cyprus got its investment credit worthiness back on Friday as Standard &
Poor’s raised the country's credit rating from BB+ to BBB- with a stable outlook,
five years after the financial collapse.
On Friday Standard & Poor’s Global Ratings raised its long- and short-term
foreign and local currency sovereign credit ratings on Cyprus to ‘BBB-/A-3’ from
‘BB+/B’ with a stable outlook. In its announcement S&P explained the rationale
behind its decision: The Cypriot economy will continue to... [
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