http://articles.economictimes.indiatimes.com/2012-08-02/news/33001133_1_standard-poor-ratings-agency-nicosia

NICOSIA: Ratings agency Standard & Poor's on Thursday lowered Cyprus's long-term rating to BB, pushing it into negative watch, saying the amount of global aid sought by Nicosia was 11 billion euros.

"In our base-case scenario, we expect Cyprus will negotiate a financial support pacakge of 11 billion euros, or just over 60 percent of Cyprus' GDP," a statement by the ratings agency said.


South Cyprus

....That's what happens when you have banking ties to FAILED-STATE GREECE

AT ALL CREDIT AGENCIES

GREECE+SOUTH CYPRUS Economies ARE SUCKing UNDER TURKISH COCKS

While These TWO GAY Countries

ARE FEEDING LIKE RATS FROM Eu SINCE 35 YEARS AND ONE OF

IT IS PRESIDENCY OF EU

I guess it's time for another TurkoArab OWNAGE....

Allow me to educate the dumbazz TurkoArabs once again.

S&P Ratings Sovereigns


Cyprus (supposedly in a "crisis")
Local Currency Rating : BB
Foreign Currency Rating: BB

Turkey (supposedly in the biggest economic boom of the last 40 years)
Local Currency Rating : BBB-
Foreign Currency Rating: BB

http://www.standardandpoors.com/ratings/sovereigns/ratings-list/en/us/?sectorName=Governments&subSectorCode=39&start=100&range=50


So based on this Turkey is only 2 notches higher than Cyprus in the local currency rating, but has the same BB foreign currency rating that Cyprus has. The best Turkey can do during it's "boom" is 2 notches above "crisis hit" Cyprus....HAHAHAHA!!!!!!!!!!!!!!!

OWNAGE Continues...!

Hellas, Hellas, n tav n epi tas

Allow me to educate the dumbazz Stupid greeks once again.

Uneducated lazy moron greco
Get
ECONOMY 101 lesson

http://en.wikipedia.org/wiki/Standard_%26_Poor%27s



Move your cursor over a country to see details of its rating and Outlook, how Fitch, Moody's and S&P rate on currency ratings

Cyprus
Local Currency Rating : BB
Foreign Currency Rating: BB
Outlook: Negative

Turkey
Local Currency Rating : BBB-
Foreign Currency Rating: BB
Outlook: Stable

Turkey 2 notches(f@cking) higher than Cyprus in the local currency rating,(!) has the same BB foreign currency rating that Cyprus has while Turkey has STABLE OUTLOOK not

NEGATIVE like Pussy South Cyprus
get learn what is the meaning of negative,stable and positive outlook at economics



this is why greeks are bankcrupt...they understand nothing!

Next greco ..