Useful Articles


Cyprus Bank Credit rating updated
  28 JULY 2018 S&P affirms its ‘B/B’ credit ratings on Bank of Cyprus  S&P Global Ratings said it affirmed its 'B/B' long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC). The outlook is positive. “We expect that robust economic recovery, recovering property prices, ongoing reforms in the legal and judicial […]
Cyprus Credit Rating Upgrade
Moody`s rating agency on 28th July 2017 has upgraded government bond ratings of Cyprus by one notch, to Ba3 from B1. Moody's maintained a positive outlook and said the short-term ratings have been affirmed, at Not Prime (NP) and (P)NP. Commenting on the rating action, Government Spokesman Nicos Christodoulides told Cyprus News Agency that the […]
Cypriot citizenship
The Cabinet has approved on Tuesday (13/9/16) the revised scheme for granting Cypriot citizenship to non–Cypriot entrepreneurs/investors.   In statements to the press on Wednesday, Minister of Finance Harris Georgiades noted that the revision of the scheme aims to encourage real investments that would benefit the economy.   The government, he said, wants to attract investors […]
Cypriot economy
27 July, 2016 * Real GDP to grow by 2.9% in 2016, 3% in 2017, says UCy * The recovery of the Cypriot economy is estimated to gain momentum as real GDP is forecasted to expand by 2.9% in 2016, according to the July Economic Outlook published by the University of Cyprus Economics Research Centre. […]
Living in a Safe environment
Cyprus among the smaller Countries has ranked 1st on a survey made by FBI for the Safest Countries in the World and ranked 5th worldwide.These are great news for Cyprus, but also important for those people are intended to either visit or permanent reside in Cyprus, as it’s officially one of the safest countries in the world!!! […]

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