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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 30/Sep 08:27

CI upgrades Cyprus sovereign, outlook remains ‘positive’

Capital Intelligence has upgraded the sovereign ratings for Cyprus based on improving public finances, persistent budget surpluses and a rapid decline in general government debt. CI Ratings said it has upgraded the country’s long-term foreign currency rating (LT FCR) and short-term (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-’ and ‘A3’, with the outlook for the ratings remaining ‘positive’. Justifying the upgrade, the rating agency said that the debt to GDP ratio is projected to drop below 60% in 2026 and the government continues to manage its debt maturity profile in order to reduce refinancing risks, while maintaining an

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Decoding lululemon's High P/E Ratio: Bargain Buy or Overpriced Risk?

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