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Cyprus Finance Minister Constantinos Petrides in a written statement issued on Saturday, says that Standard & Poor’s credit rating is a confirmation of the rational management of the economy and public finances by the Government, despite the negative effects of the Covid-19 pandemic. Standard & Poor’s Global Ratings affirmed Friday its `BBB-/A-3` long- and short-term foreign and local currency sovereign credit rating on Cyprus, with a stable outlook. The Minister noted the importance of the affirmation of Cyprus’ rating, despite the …
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