S&P observations contain positive assessments

The observations of Standard and Poor's regarding the economy of Cyprus, despite the downgrading of the economy, contain positive and hopeful assessments, Deputy Government Spokesman Christos Christophides said on Wednesday. He pointed

Standard and Poor’s downgrades Cyprus

Standard and Poor's downgraded Cyprus' credit rating from A+ to A, according to Minister of Finance Charilaos Stavrakis, who said that although the decision was negative, the government had covered its borrowing