Great news for Cyprus, as it’s officially one of the safest countries in the world!!!
Out of 106 countries that generate enough data to run a study about the safest countries in the world, Cyprus proudly holds the 5th place worldwide!
Washington (AFP) - International Monetary Fund chief Christine Lagarde praised Monday Cyprus's decision to end its bailout program two months early after the Eurozone country regained its financial footing.The IMF's part of the IMF-European Union rescue program was due to expire on May 14. Cyprus also ended its loan program with the European institutions slightly early; it was supposed to expire this month.
We are thrilled to announce the launching of our NEW LOGO. As from this day forward a new era begins for A. Georgiou Developers. Our core values, philosophy and vision remains the same but stronger. The square thick line round the name represents the solid foundation, trust and credibility of the group.
Standard & Poor's credit rating for Cyprus stands at B+. Moody's rating for Cyprus sovereign debt is B3. Fitch's credit rating for Cyprus is B-. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Cyprus thus having a big impact on the country's borrowing costs.
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
-Franklin D. Roosevelt