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Coronavirus: Cyprus braces for harsher restrictions

A three-week ‘lockdown lite’ seems the likeliest scenario today when the government announces extra curbs on movement – including a return to the SMS system –aiming to contain the spread of the coronavirus and give straining hospitals some breathing space. As of Thursday evening, there were 196 people hospitalised, very… Cyprus Mail …

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Turkish banks downgraded by Fitch to negative

  Fitch Ratings downgraded 20 Turkish banks to ratings below investment grade on Wednesday, citing the depletion of the central bank’s reserves as a contributing factor, and recognising the “deterioration of the Turkish economy.” Fitch downgraded the long-term outlook in foreign and domestic currency of two Turkish state-owned banks to… Cyprus Mail …

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