On top of the insurmountable problems that the Cyprus economy faces, the political instability in the past few weeks has boosted estimates of foreign commentators that Cyprus will be the next to join...
Moody's Investors Service has today downgraded Cyprus's government bond ratings by to Baa1 from A2. The outlook is now negative. The rating agency has also downgraded Cyprus's short-term rating to P-...
Moody’s placed the ratings of eight Greek banks on watch for possible downgrade. According to the international agency, this rating action follows the announced EU support programme for Greece...
July is expected to be one of the hottest months for the Cyprus economy in the past decades, since it will be subject to a rating by the rating agencies at the same time that the government is...
The Cyprus economy is once again under Moody’s review in view of the latest developments in Greece and the actions for the new fiscal consolidation measures. A month ago, the agency put all three...
The exposure of the Cooperatives to Greek bonds is restricted, Supervision and Development of Cooperative Companies Superintendent, Constantinos Lyras told StockWatch. Mr. Lyras ensured that none...
Fitch Ratings proceeded with a triple downgrade of the Republic of Cyprus earlier today. "The downgrade reflects the severity of the crisis in neighbouring Greece and the risk this poses for the...
Moody’s warned on Tuesday that a possible restructuring of the Greek debt will cause chain downgrades to several euro area countries. In its note released today, Moody's Investors Service has...
Finance Minister, Charilaos Stavrakis stated that the downgrades of the Cyprus economy are attributable to the size of the banking system, implying that the CB Governor is responsible for its...
Standard and Poor’s announced a second downgrade of Cyprus to A- from A, maintaining the negative outlook. Standard & Poor's views the Cypriot financial system's significant exposure to the...