Moody's adds Cyprus to its list of peripheral eurozone economies it's decided to downgrade this...

|By:, SA News Editor

Moody's adds Cyprus to its list of peripheral eurozone economies it's decided to downgrade this summer, cutting its credit rating two notches to Baa1 on account of the banking sector's Greek debt exposure, and an energy crisis that's hurting GDP growth. Fitch downgraded Cyprus in May.