S&P Upgrades Cyprus's Credit Rating Outlook
November 15, 2025
The rating agency Standard & Poor’s confirmed Cyprus's credit rating at A- and upgraded the country's outlook to positive. The assessment is based on the resilience of the Cypriot economy, strong economic performance, and decreasing public debt. The agency forecasts that the economy will grow by 3% until 2028, supported by investment activity and increased exports. The government assures continued support for the economy amid geopolitical challenges. The Finance Minister welcomed the rating, emphasizing the success in fiscal management.