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12° Nicosia,
28 March, 2024
 

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Displaying results 1-30 of 58 matches for query downgrade.

1. Cyprus economy holds steady amid challenges

https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges

Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...

2. Massive quake strikes Japan on New Year's Day, leaving 48 dead

https://knews.kathimerini.com.cy/en/news/1-massive-quake-strikes-japan-on-new-year-s-day-leaving-48-dead

In a devastating turn of events, at least 48 people have lost their lives following a powerful earthquake that rocked the central coast of Japan on New Year's Day....

3. Fitch upgrades Hellenic's long-term rating to ''BB+'' with stable outlook

https://knews.kathimerini.com.cy/en/news/fitch-upgrades-hellenic-s-long-term-rating-to-bb-with-stable-outlook

In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...

4. China's economic slowdown threatens global stability

https://knews.kathimerini.com.cy/en/news/china-s-economic-slowdown-threatens-global-stability

China is unlikely to surpass the US as the world's largest economy as initially predicted for the early 2030s, primarily due to a growing lack of confidence in the Chinese economy, according to Bloomberg Economics analysts....

5. ECB dilemma with core inflation at 5.5%

https://knews.kathimerini.com.cy/en/news/ecb-dilemma-with-core-inflation-at-5-5

The European Central Bank (ECB) is almost certain to raise interest rates by 25 basis points in its meeting tomorrow, though what happens next is unclear....

6. Cypriot economy on the brink, says Finance Minister

https://knews.kathimerini.com.cy/en/news/cypriot-economy-on-the-brink-says-finance-minister

During his address to the House of Representatives and following his presentation to the Parliamentary Finance Committee on the government's comprehensive package of seven measures for addressing foreclosure issues, ...

7. Was justice served or denied?

https://knews.kathimerini.com.cy/en/comment/opinion/was-justice-served-or-denied

The question raised regarding the decision of the Legal Service not to proceed with criminal prosecution in the case of Thanasis Nikolaou is whether this decision should have been strictly a legal one, faithful to the letter of the law,...

8. Tackling vulgarity and impunity in politics

https://knews.kathimerini.com.cy/en/comment/opinion/tackling-vulgarity-and-impunity-in-politics

MP Andreas Themistocleous' recent display of vulgarity is just one example of a more significant issue within politics, and unfortunately, it won't be the last. ...

9. UBS steps in to buy rival Credit Suisse

https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

10. 'K' poll: Averof leads Mavroyiannis by 0.5%

https://knews.kathimerini.com.cy/en/news/k-poll-averof-leads-mavroyiannis-by-0-5

There was a minor upset In the fourth wave of the rolling poll that Symmetron Market Research conducted for "K,". It seems the race for second place will undoubtedly be an exciting one....

11. 14 billion euros of loans on ice due to the suspension of foreclosure sales

https://knews.kathimerini.com.cy/en/news/14-billion-euros of-loans-on-ice-due-to-the-suspension-of-foreclosure-sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....

12. Looking for a strategy to suspend foreclosure sales

https://knews.kathimerini.com.cy/en/business/looking-for-a-strategy-to-suspend-foreclosure-sales

To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought. ...

13. Plea bargain ongoing in Cyprus’ mercy killing case

https://knews.kathimerini.com.cy/en/news/plea-bargain-ongoing-in-cyprus-mercy-killing-case

Another delay in the trial of a British man charged with the premeditated murder of his sick wife in Cyprus has prompted local media to speculate a deal may have been reached as prosecutors may seek a manslaughter conviction while a possible prison sentence remains elusive...

14. US ambassador’s murder in Cyprus still unresolved

https://knews.kathimerini.com.cy/en/news/us-ambassador-s-murder-in-cyprus-still-unresolved

The killing of the American Ambassador in Cyprus in August 1974 made headlines on Friday, as it happens every year on the island on the anniversary of his death, with convoluted information emerging in the public domain through the years and no convictions half a century later...

15. Cops keep tight lid on sex trafficking case

https://knews.kathimerini.com.cy/en/news/police-keep-tight-lid-on-sex-trafficking-case

Police continue to keep a tight lid on a sex trafficking investigation, with prosecutors filing a case against a male suspect after two other men have been accused of seeking services from a woman described as a possible victim...

16. EU leaders tackle inflation, energy shocks from Russia’s war

https://knews.kathimerini.com.cy/en/news/eu-leaders-tackle-inflation-energy-shocks-from-russia-s-war

A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....

17. Suspected sex offender facing trafficking charges

https://knews.kathimerini.com.cy/en/news/suspected-sex-offender-facing-trafficking-charges

Police are keeping a tight lid on an arrest in connection with a sex exploitation case after a man was arrested on Sunday on indecent assault and rape charges...

18. Cyprus and EU economies facing a 'twin problem' following the war in Ukraine

https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine

The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....

19. Hellenic acquires 553 million euros worth of Cypriot corporate loans from RCB

https://knews.kathimerini.com.cy/en/news/hellenic-acquires-553-million-euros-worth-of-cypriot-corporate-loans-from-rcb

Hellenic Bank has acquired 553 million euros worth of Cypriot business loans from RCB Bank, increasing its loan portfolio to over 7.2 billion euros....

20. Default looms as Russia hits deadline for dollar bond payments

https://knews.kathimerini.com.cy/en/news/default-looms-as-russia-hits-deadline-for-dollar-bond-payments

Russia will default on its debt for the first time since 1998 if it tries to make interest payments on its dollar bonds in roubles on Wednesday, rating agency Fitch has said....

21. S&P downgrades RCB, places bank on CreditWatch with negative implications

https://knews.kathimerini.com.cy/en/business/s-p-downgrades-rcb-places-bank-on-creditwatch-with-negative-implications

Rating Agency Standard and Poor’s downgraded RCB bank’s long-term lender rating to `B+` from `BB-` and placed its ratings on CreditWatch with negative implications,...

22. Russia will default on its debts 'imminently', Fitch ratings agency has warned

https://knews.kathimerini.com.cy/en/news/russia-will-default-on-its-debts-imminently-fitch-ratings-agency-has-warned

Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....

23. Cyprus categorized as a 'flawed democracy' according to a report in The Economist

https://knews.kathimerini.com.cy/en/news/cyprus-categorized-as-a-flawed-democracy-according-to-a-report-in-the-economist

Cyprus not only remains in the category of a "flawed democracy", in The Economist's Democracy Index but ranked worse in 2021 compared to 2020. ...

24. MONEYVAL: Cyprus makes some progress in the fight against money laundering

https://knews.kathimerini.com.cy/en/business/moneyval-cyprus-makes-some-progress-in-the-fight-against-money-laundering

Cyprus has made some progress in the fight against money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL....

25. Italy, Spain, Portugal, S. Korea in red category, Indonesia in green

https://knews.kathimerini.com.cy/en/news/italy-spain-portugal-s-korea-in-red-category-indonesia-in-green

Health Authorities in Cyprus have issued an updated COVID-19 country categorization list according to which Italy, Spain, Portugal and South Korea are downgraded from orange to red category, ...

26. Cyprus updates risk-based travel list

https://knews.kathimerini.com.cy/en/news/1-cyprus-updates-risk-based-travel-list

The Health Ministry on Wednesday published the list of re-categorized countries with which the Republic of Cyprus maintains air connectivity, with the new three-tier risk-based categorization coming into effect on February 19....

27. FinMin: Cyprus to reduce debt once pandemic normalises

https://knews.kathimerini.com.cy/en/news/cyprus-to-reduce-debt-once-pandemic-normalises-finmin-says

Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....

28. Cyprus updates travel list

https://knews.kathimerini.com.cy/en/news/cyprus-updates-travel-list

The Republic of Cyprus downgraded eight countries in its three-tier risk-based classification system and upgraded one, with the updated list coming into effect on November 9....

29. Cyprus downgrades four countries in updated travel list

https://knews.kathimerini.com.cy/en/news/cyprus-downgrades-four-countries-in-updated-travel-list

The Republic of Cyprus on Tuesday downgraded four countries in its three-tier risk-based classification of countries, with the updated travel list to come into effect on October 9....

30. Six countries downgraded, one upgraded in Cyprus travel list

https://knews.kathimerini.com.cy/en/news/six-countries-downgraded-one-upgraded-in-cyprus-travel-list

The Republic of Cyprus’ health ministry announced on Monday that six countries will be bumped down a category in its three-tier coronavirus risk-based classification system governing travel, with the updated list to come into effect on September 24....

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