CYPRUS - Cyprus is the latest nation to be slapped with a downgrade by Moody's, with its rating cut two notches over concerns the country is heading towards a bailout.
Moody's said the country's economy has suffered following an accident which destroyed a key power plant earlier this month, and does not expect it to recover for a couple of years. The ratings a...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
