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September 17, 2018
New York – Standard & Poor’s (S&P) has upgraded Cyprus’ credit ratings to investment grade, after calling them “junk” for more than six years. Late last week, the rating agency raised Cyprus’ sovereign credit ratings to ‘BBB-/A-3’ from ‘BB+/B’ with stable outlook. S&P were one of the first credit rating agencies to downgrade Cyprus’ ratings...
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