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government debt reduction

Positive outlook for Cyprus economy, according to rating agency

1 April 2024 by Cyprus Mail
Positive outlook for Cyprus economy, according to rating agency

Capital Intelligence Ratings has revised its long-term foreign currency rating outlook for the Republic of Cyprus from stable to positive. The government’s debt has been reduced due to consistent primary fiscal surpluses and proactive debt management.

Categories Cyprus Tags assessments, bank, Bank of Cyprus, banking sector, banking system, banks, budget, Capital Intelligence, cash, Central Bank of Cyprus, challenges, change, CI Ratings, construction, currency, Cyprus, Cyprus economy, data, debt, decline, downside risks, economic growth, Economy, Environment, eu, expenditures, fiscal discipline, fiscal outlook, funding, gdp, GDP growth, GESY, Google, Google News, government, government debt reduction, growth, Healthcare, increase, institutions, interest, interest rates, investment, loan, loans, Markets, mild, news, non performing loans, NPL, performances, performing loans, pressure, progress, public sector, rating outlook, reforms, Republic of Cyprus, resilience, resolution, restructured, restructured loans, risk, sectors, social welfare, statement, subsidies, support, surplus, tax, tax revenues, technology, trade

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