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Positive Ratings Maintained for the Cypriot Economy

June 1, 2026

Rating agencies have maintained the credit rating of the Cypriot economy with stable outlooks. Moody’s, S&P, and DBRS recognize the economy's resilience and emphasize the importance of the tourism and technology sectors. While there are delays in tourist arrivals due to geopolitical events, the diversity of tourist source markets helps balance the risks. The fiscal situation remains positive with surpluses, but agencies warn of potential increases in public spending pressures. It is expected that public debt will further decrease by 2030.