Fitch upgrades Cyprus’ rating

Fitch Ratings announced that Cyprus‘s Long-term foreign currency Issuer Default Rating (“FCIDR”) has been upgraded to ‘AA-‘ (AA minus) from ‘A+’. Fitch also revised Cyprus‘ local currency IDR to ‘AA-‘ from ‘AA’.

CySEC approves CTC document for FWW

The Cyprus Securities and Exchange Commission approved the Public Offer document made by Cyprus Trading Corporation (CTC) seeking to acquire a minimum 50% plus one share and a maximum 100% of the

Louis Hotels sells Louis Creta Paradise

Louis plc announces that its subsidiary company, Louis Hotels Public Company Ltd, sold 62,5% of the shares in the company Gerani S.A., owner of Louis Creta Paradise hotel, in Chania, Crete. Louis

Telecoms: Single market is still far away

Although the EU’s Telecom Rules have led to significant benefits for citizens and enterprises alike, important challenges remain for national and European regulators, says a report published by the Commission today. The

Moody’s upgrades Cyprus ratings

Moody’s Investors Service upgraded the long-term foreign and local currency government bond ratings and the long-term country ceilings for foreign currency bank deposits of Cyprus (to A1 from A2). A Moody’s press