Moody’s reaffirms Cyprus credit rating at A3 with stable outlook

Moody’s reaffirmed Cyprus’s credit rating at A3 with a stable outlook on May 29, reflecting the country’s strong economic resilience and positive medium-term growth prospects, the Finance Ministry announced. The rating agency noted that short-term growth is expected to slow due to risks arising from the conflict in the Middle East, with knock-on effects for … Continue reading Moody’s reaffirms Cyprus credit rating at A3 with stable outlook