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Moody's upgrades Cyprus' credit rating, signaling improved economic health and potential for growth.
Moody's has upgraded Cyprus' credit rating from Baa2 to A3, marking a significant improvement since 2011.
This upgrade reflects Cyprus' improved fiscal health, with reduced public debt and fiscal surpluses.
The move is seen as a positive signal for foreign investment and job creation, with the economy projected to grow by 3.2% annually over the next few years, driven by sectors like technology and finance.
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Moody's mejora la calificación crediticia de Chipre, señalando una mejora de la salud económica y el potencial de crecimiento.