Friday, June 7, 2013

Cyprus still has problems

This year can happen the next lowering of the sovereign rating of Cyprus. Analysts believe that the economic uncertainty of island state has led many to think about additional measures to rescue the country from the still threatening her default. Agency Fitch, which is one of the most respected in their field, this week, downgraded the issuer default rating of Cyprus (IDR) to negative "B". The agency maintained a negative outlook for the future of this indicator for Cyprus.

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