DBRS: Cyprus Faces Significant Credit Challenges

17:59 - 21 Μαΐου 2019

DBRS rating agency says that Cyprus faces significant credit challenges related to still sizable non-performing exposures (NPEs) in the banking sector, high levels of private and public sector debt, external imbalances, and the small size of its service-driven economy, which exposes Cyprus to adverse changes in external demand.
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