Fitch raises Cyprus' credit rating by a notch to BBB+ thanks to resilient economy, fiscal discipline

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NICOSIA News

Cyprus,European Union,Global Financial Crisis

NICOSIA, Cyprus (AP) — The Fitch agency said Saturday it has raised Cyprus’ credit rating by a notch to BBB+.

NICOSIA, Cyprus — The Fitch agency said Saturday it has raised Cyprus’ credit rating by a notch to BBB+.

Cyprus' economic growth accelerated this year, and Fitch projects overall growth to reach 3% this year and 2025. The judge who oversaw former President Donald Trump’s hush money criminal trial in New York made the parties aware Friday of a post to the court system’s Facebook page. Judge Juan Merchan said the comment, now labeled as one week old, responded to a routine court system notice, posted on May 29, 2024, regarding oral arguments in the Fourth Department of the Appellate Division unrelated to this proceeding.

 

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