Politis

President Praises S&P Rating Confirmation as Vote of Confidence in Cypriot Economy

Published March 21, 2026, 10:16
President Praises S&P Rating Confirmation as Vote of Confidence in Cypriot Economy

President Nikos Christodoulides hailed the confirmation of Cyprus's A rating with a positive outlook by S&P as a strong vote of confidence in the country's economy, particularly amidst regional geopolitical instability. The President emphasized that the Cypriot economy is built on solid foundations and possesses resilience due to fiscal responsibility and sound economic policies. He pledged to continue this responsible approach, aiming to strengthen an economy that endures, adapts, and progresses for the benefit of citizens. The announcement was made via the President's post on the 'X' platform.