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Government, Government of Cyprus

Morningstar DBRS and Scope Ratings in Favour of Cyprus

29 October 202429 October 2024Michalis C. ZambartasCyprus, foreign companies, Morningstar DBRS, positive, relocation, resilience, revenue growth, Scope Ratings, technology companies

Morningstar DBRS recently upgraded Cyprus’ long-term credit rating to positive, citing budget surpluses of 2.7% of GDP in 2022 and 3.1% in 2023, following pandemic deficits. In accordance with the
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