Cyprus fiscal woes deepen as Moody’s downgrades


Moody's, a ratings agency, on Wednesday cut Cyprus's credit rating by two notches amid concerns over the sustainability of the country's public finances, which has prompted the Cypriot government to resign.

The rating agency downgraded Cyprus's long-term credit rating from A2 to Baa1, three notches above junk status. It said ongoing concerns about Cyprus's fiscal position, owing to an energy crisis and the "increasingly fractious" domestic political climate motivated the downgrade. The rating

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account