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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Moodys raises Cyprus credit rating outlook

ON FRIDAY, Moody’s revised the outlook on Cyprus’ Caa3 government bond rating to positive, citing a stronger-than-expected fiscal and economic performances in 2013 and the Cypriot authorities’ track record of meeting conditions under the Troika funding programme. However, Cyprus’ credit rating remained unchanged at nine steps below investment grade at Caa3 reflecting Moody’s  view of “the persistent risks that remain to Cyprus’s public finances and their sustainability over the medium term as a result of significant uncertainties to the prospects for the macro economy and banking sector,” the rating company said in its statement. Commenting on Moody’s announcement, Christos Patsalides, permanent secretary of the Cypriot Ministry of Finance said that it “is an indication that we are on the right track.”

Read more at: http://www.news.cyprus-property-buyers.com/2014/03/23/moodys-raises-cyprus-credit-rating-outlook/id=0017174
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