Arab Today, arab today moody\s cuts cyprus debt ratings over greek crisis
Last Updated : GMT 12:04:57
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Moody\'s cuts Cyprus debt ratings over Greek crisis

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Arab Today, arab today Moody\'s cuts Cyprus debt ratings over Greek crisis

Paris - AFP

Moody\'s ratings agency said on Tuesday it has lowered its ratings on Cyprus\'s government debt to junk status because of the impact of the crisis in neighbouring Greece on its banking system. It cut its rating on long-term bonds to Ba1 from Baa3 and on short-term debt to \"Not Prime\" from \"Prime-3\" with a negative outlook.

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