5 Minute News

Cyprus Economy Upgraded by Fitch Ratings

December 7, 2024

President Christodoulides announced the upgrade of Cyprus' economy to A-grade by Fitch Ratings. This upgrade recognizes the country's positive trajectory and serves as a vote of confidence in policies aimed at creating a competitive economy. Viktor Papadopoulos highlighted this significant achievement after 13 years. The strong fiscal performance is accompanied by policies that support vulnerable groups.