By Andreas Charalambous and Omiros Pissarides The evaluations of international organisations, most recently the International Monetary Fund (IMF) and...
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Global credit rating agency, Morningstar DBRS, has upgraded its growth forecast of the Cypriot economy by 0.3 per cent in 2024 and by 0.1 per cent in 2025, compared to its forecast last March. In its revised June key macroeconomic scenario, issued on Friday, the Canadian agency said it expects the Cypriot economy to grow at a rate […]
By Andreas Charalambous and Omiros Pissarides The evaluations of international organisations, most recently the International Monetary Fund (IMF) and...
The world’s fourth-largest credit ratings agency has assigned to Bermuda Long-Term Foreign and Local Currency — Issuer Ratings of “A”. At the...
Real gross domestic product (GDP) increased 0.3 per cent in April, after a flat reading last in March. Rebounds in several industries contributed to...
Cyprus is attacking the economy of the north in its decision to keep businessman Simon Mistriel Aykut in custody, head of the Turkish Cypriot...
The rating agency said in its report that recovery in consumer spending and increasing investment trends are the main factors for this update.
The Finance Ministry is contemplating a return to financial markets in the near future, aiming to capitalise on the Cypriot economy’s positive...
International credit rating agency Standard & Poor’s (S&P) this week upgraded the long-term credit rating of the Bank of Cyprus to BB+ with...
The number of elderly people is forecast to represent 17 per cent of the total population by 2030, rising to 25 per cent by 2050.
International credit rating agency Standard & Poor’s (S&P) this week upgraded the long-term credit rating of the Bank of Cyprus to BB+ with...
A leading indicator, used to predict the future direction of economic movements in Cyprus, turned marginally positive in May, halting the negative...