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...
Moody's Investors Service has today downgraded the deposit and debt ratings of the following six Greek banks: National Bank of Greece SA (NBG), to Ba3 from Ba1; EFG Eurobank Ergasias SA (Eurobank),...
09/03/2011
Finance Minister had a meeting with members of Fitch Ratings today and stressed that he expects the downgrading of Cyprus. On January 17, Fitch placed Cyprus (AA-) in negative outlook and expected...
08/03/2011
The US credit rating agencies that watch the Cypriot economy tracked down three different danger spots for the credit rating of Cyprus in 2011. The Cypriot ratings in the next few months will depend...
19/01/2011
Moody's Investors Service has today placed on review for possible downgrade the deposit and debt ratings of the following three Cypriot banks: Bank of Cyprus Public Co Ltd (BoC), Marfin Popular Bank...
In an announcement released on Thursday, foreign credit rating agency, Moody’s Investors Service has today placed Cyprus's Aa3 local and foreign currency government bond ratings on review for...
13/01/2011
“The downgrading of the Cyprus economy by Standard and Poor’s, which was based on the size and the risks of the banking system, was unsuccessful”, Marfin Popular Bank CEO, Efthimios Bouloutas stated...
23/11/2010
The downgrading of the island’s economy by Standard and Poor’s caused a stir in the “inside”, with the opposition asking to know why the credit rate agency related the downgrading to the banks...
22/11/2010
The outlook for the Cypriot banking system is negative, reflecting the challenging operating conditions in Cyprus and the rated banks' direct and sizeable exposure to the Greek economy, says Moody's...
29/10/2010
The first reactions of the Finance Ministry’s managerial team to the creditwatch negative of Standard and Poor’s and the revelation that the government expects that debt will reach 70% of GDP and not...
23/07/2010