"It confirms the fact that the correct path and prudent policy followed during the last two and a half years should continue,” Government Spokesman Victoras Papadopoulos said.
Rating agency Standard & Poor's upgraded on Friday its assessment of Cyprus to BB-, citing removal of capital controls and strong budgetary performance.
Source: Famagusta Gazette
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
Read Georg Bühler's Insight
