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Government, Government of Cyprus

Moody’s Upgraded Cyprus Rating to Ba1 Stable Outlook

July 27, 2021July 27, 2021Michalis C. ZambartasBa1 stable, credit strength, economy, Moody's, rating, risks

The Moody’s credit rating agency has recently upgraded the Cyprus’ long term credit rating to Ba1 stable outlook. Moody’s cited that “the key drivers for the rating action to upgrade
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Euro Coins Debt Recovery
Banking Law, Government of Cyprus

DBRS Morningstar confirmed Cyprus’s long term credit rating to BBB

November 17, 2020November 17, 2020Michalis C. Zambartascredit rating, Cyprus, economy

On November 13th, Friday, DBRS Morningstar- Global Credit Rating Agency, published and confirmed the Republic of Cyprus’s Long-Term Foreign and Local Currency – Issuer Ratings at BBB (low). At the
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Banking Law, Government

Fitch confirms Cyprus at ‘BBB-‘; Outlook Stable

October 5, 2020October 5, 2020Michalis C. ZambartasCyprus, economy, fitch, rating

Fitch Rating Agency confirmed Cyprus’s Long-Term Foreign-Currency Issuer Default Rating (“IDR”) at ‘BBB-‘ with a Stable Outlook. According to Fitch one of the key rating drivers is that the COVID-19
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Recent Posts

  • Cyprus Changing its Regime on Reduced VAT for First Homes: an Update
  • Cyprus Civil Registry and Migration Department Terminates the Electronic Booking Platform for Appointments
  • Cyprus Introduces a New Computerised Unified Tax Management System “Tax for All”
  • British Virgin Islands, Costa Rica, Marshall Islands and Russia Included in the EU List of Non-Cooperative Jurisdictions for Tax Purposes
  • Deadline for the Payment of Annual Levy for 2022 for Cypriot Companies

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