Displaying items by tag: fitch

Two of the world's most reputable credit rating firms, Standard and Poor's and Fitch Ratings, have just upgraded Cyprus.

Greece's forays into global bond markets will help increase its financing flexibility but the debt-laden country is not out of the woods yet, a senior director at rating agency Fitch told Reuters on Thursday.

Cypriot Minister of Finance Harris Georgides has declared that the island's recent rating raises show the economy's improvement.