S&P Raises Cyprus to Investment Grade

The video discusses Cyprus's economic recovery, highlighting the upgrade in credit rating and growth exceeding 4% GDP. It covers the banking sector's recovery, noting the reduction of NPLs and healthier foundations. The shift in Russian investment from banking to tourism is explored, along with Cyprus's diversified economy. Relations with Turkey are minimal, focusing instead on European markets. Brexit's impact on trade, particularly halloumi exports, is a concern, with hopes for a comprehensive deal to maintain strong UK-Cyprus relations.

How does Cyprus's economy relate to the Russian economy?

What are the concerns regarding Brexit and its impact on Cyprus?

What measures are being advocated for to ensure strong trade relations post-Brexit?