assigning it the investment grade “A”.

This decision reflects the stable improvement of the country’s macroeconomic indicators and the strengthening of the financial sector. Experts note successes in reducing public debt and sustainable economic growth against the backdrop of general European trends.

Raising the rating to the level of “A” will reduce the cost of borrowing for the state and increase the attractiveness of the Cypriot economy for foreign investors.

@Cyprus_Avitos