Fitch revises Cyprus' economic outlook to positive

NICOSIA, Dec. 9 (Xinhua) -- Fitch International Rating Agency has revised Cyprus' long-term rating from stable to positive, citing economic resilience, fiscal surpluses with continued reduction of public debt, and the improved banking sector.

The agency issued its revision on Friday evening and affirmed Cyprus' long-term foreign-currency issuer default rating to the investment level of "BBB."

Fitch said t