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President: S&P Rating a Strong Vote of Confidence in Cyprus' Economy

Published March 21, 2026, 08:11
President: S&P Rating a Strong Vote of Confidence in Cyprus' Economy

The President of the Republic, Nikos Christodoulides, welcomed the confirmation of Cyprus's rating by S&P at 'A' with a positive outlook, describing it as a strong vote of confidence in the country's economy, especially during a period of geopolitical instability. According to the President, this rating recognizes that the Cypriot economy is based on sound foundations and has the resilience to face challenges, thanks to fiscal responsibility and rational economic policy. Mr. Christodoulides committed to continuing consistency and responsibility in economic policy, aiming to strengthen an economy that withstands, adapts, and moves forward for the benefit of citizens. The announcement was made via a post on X, where the President reiterated the importance of the rating in an unstable international environment.