Standard & Poor’s Global Ratings affirmed on Friday its `BBB-/A-3′ long- and short-term foreign and local currency sovereign credit rating on Cyprus with a stable outlook. According to the report, the stable outlook incorporates Cyprus' robust growth prospects, improving public debt dynamics, and track record of running budgetary surpluses.
Read full articleThe Cyprus maritime sector is taking all necessary measures to protect crews and passengers from coronavirus outbreak that is affecting international trade with public health a primary concern, as well as the wellbeing of shipping firms, said Deputy Shipping Minister Natasa Pilides.
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