Moody’s credit rating upgrade for Cyprus opens the door to investment, president says

Moody’s credit rating upgrade for Cyprus opens the door to investment, president says

NICOSIA, Cyprus — Moody’s two-notch upgrade of Cyprus’ credit rating to A3 from Baa2 opens the threshold to quality foreign investment that will generate new jobs, the president said Saturday. President Nikos Christodoulides said in a statement that the rating agency’s action reflects his government’s efforts at cementing Cyprus’ reputation as a credible investment destination … Read more