Cyprus Welcomes Positive Credit Outlook Revision from Morningstar DBRS

Keravnos welcomes Morningstar DBRS positive outlook for Cyprus

Finance Minister Makis Keravnos on Saturday welcomed Morningstar DBRS’ decision to revise Cyprus’ credit outlook from stable to positive while affirming the Republic’s long-term rating at ‘A’, describing it as further confirmation of the economy’s resilience amid global uncertainty. In a written statement, Keravnos said the decision “constitutes yet another confirmation of the resilience demonstrated […]