S&P Maintains Positive Rating for Cypriot Economy
March 21, 2026
The rating agency S&P has maintained Cyprus's economic rating at A- with a positive outlook, despite instability due to the war in the Middle East. Although growth is expected to slow to around 3%, this remains high compared to other European countries. The reduction of public and external debt enhances the resilience of the Cypriot economy. The governance of the economy is regarded as satisfactory, with reduced non-performing loans. While international challenges persist, S&P demonstrates confidence in Cyprus's ability to manage them.