News Headline Summary

Cyprus long term issuer default rating cut to B from BB- by Fitch

-Fitch says Cyprus government support to banking sector likely higher than previously thought.

Update details:

-Cypriot debt has been downgraded by two notches and is now 'highly speculative' (junk) was previously 'non-investment grade' (junk).

Print 18:57, 25 Jan 2013 - Rating Agency comments - Source: Newswires