https://knews.kathimerini.com.cy/en/news/moody-s-changes-cyprus-outlook-to-positive
Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...
https://knews.kathimerini.com.cy/en/business/scope-rates-cyprus-with-bbb
Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...
https://knews.kathimerini.com.cy/en/news/cyprus-parliament-suspends-foreclosures
The House of Representatives voted in its last plenary before summer recess an amendment to the foreclosure law that foresees a freeze in foreclosures and suspension for loans eligible for the ESTIA loan relief plan...
https://knews.kathimerini.com.cy/en/news/hot-weather-alert-downgraded-to-yellow
A second weather alert on Wednesday downgraded the orange status to yellow, with officials saying warning over afternoon extreme high temperatures were still expected to reach 42 degrees inland...
https://knews.kathimerini.com.cy/en/news/warnings-over-new-foreclosure-legislation
A total of five bills concerning a new foreclosure legislation are expected to be discussed on Thursday at a meeting of the House of Representatives Finance Committee...
https://knews.kathimerini.com.cy/en/news/orange-alert-due-to-scorching-heat
An orange weather alert will go into effect Wednesday afternoon due to extreme high temperatures, expected to reach 42 degrees inland...
https://knews.kathimerini.com.cy/en/news/cyprus-on-the-eu-energy-map-following-exxonmobil-discovery
https://knews.kathimerini.com.cy/en/news/teen-suffers-burns-in-fireplace-incident
A 13-year-old girl who suffered second and third degree burns in Paphos in a fireplace incident has been transferred to Nicosia General Hospital due to her serious condition, while other heating-related incidents were being reported....
https://knews.kathimerini.com.cy/en/news/cyprus-improves-but-more-work-needed-to-combat-human-trafficking
A US report on human trafficking has reinstated the Republic of Cyprus back to Tier 1, saying the country meets minimum standards while the situation in the north is a lot worse...
https://knews.kathimerini.com.cy/en/news/erdogan-slams-rating-agencies-for-upgrading-bankrupt-greece
Turkish President Recep Tayyip Erdogan took a fresh swipe at rating agencies on Friday over the recent downgraded and the negative outlook they have assigned for the Turkish economy, using “bankrupt” Greece as an example....
https://knews.kathimerini.com.cy/en/business/cyprus-recovery-is-being-recognised-by-international-agencies
Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...
https://knews.kathimerini.com.cy/en/news/south-africa-s-zuma-appears-in-court-on-corruption-charges
Thousands of Zuma supporters gathered to express solidarity with a leader they say is the victim of a politically motivated witchhunt...
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-bank-of-cyprus-covered-bonds-to-bbb
Fitch Ratings has upgraded Bank of Cyprus` outstanding €650 million conditional pass-through (CPT) covered bonds to `BBB` from `BBB-` with a stable outlook, the international credit rating agency has said in a press release....
https://knews.kathimerini.com.cy/en/news/britain-expels-23-russian-diplomats-over-chemical-attack-on-ex-spy
No ministers or members of the royal family will attend the World Cup in Russia...