
Standard & Poor’s Global Ratings affirmed on Friday its `BBB-/A-3′ long- and short-term foreign and local currency sovereign credit rating on Cyprus with a stable outlook. According to the report, the stable outlook incorporates Cyprus' robust growth prospects, improving public debt dynamics, and track record of running budgetary surpluses.
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The Cyprus maritime sector is taking all necessary measures to protect crews and passengers from coronavirus outbreak that is affecting international trade with public health a primary concern, as well as the wellbeing of shipping firms, said Deputy Shipping Minister Natasa Pilides.
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