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Credit Cyprus Latest Information
Fitch downgrades Cyprus banks to junk level Fitch Ratings on Friday downgraded the sovereign credit ratings for Belgium, Cyprus, Italy, Slovenia and Spain Fitch downgrades ratings of five EU nations Moscow, Jan 28 (IANS/RIA Novosti) International ratings agency Fitch has downgraded its sovereign credit ratings of Belgium, Cyprus, Italy, Spain and Slovenia. Cyprus Airways says it has no plans to stop flying Cyprus Airways Ltd described media reports that it was about to stop flying as “scaremongering” and said it will continue operating. “Such scaremongering is unfounded, lacks seriousness and may probably serve other agendas,” the state-run company said in an e-mailed statement on Tuesday. Fitch cuts Italy, Spain, other euro zone ratings NEW YORK (Reuters) - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. In a statement, the ratings agency said the affected countries were vulnerable in the near-term to monetary and financial shocks. "Consequently, these sovereigns do not, in Fitch's view, accrue the ... Fitch Downgrades Ratings of Five Eurozone States International ratings agency Fitch downgraded its sovereign credit ratings of five Eurozone states - Belgium, Cyprus, Italy, Spain and Slovenia. Cyprus air traffic controllers to strike Air traffic controllers in Cyprus walked off the job for four hours on Wednesday to protest a two-year government worker wage freeze and other deficit-reduction measures. Fitch downgrades credit ratings for 5 EU nations U.S. ratings agency Fitch says it is downgrading the credit ratings for five European nations including leading economic heavyweights Italy and Spain.The agency on Friday lowered credit ratings for the ... Greek PSI deal wrings Cyprus banks dry Being a banker at a Greek bank in Cyprus was certainly not the best job in the world a year ago. Credit Ratings Cut For Italy, 4 Other EU Nations U.S. ratings agency Fitch also downgraded Belgium, Cyprus, Slovenia and Spain. It blamed the revisions on "the marked deterioration in the economic outlook" in Europe. |
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