HomePage | Contact Us | About Us
Custom Search
|
|
HomePage | Contact Us | About Us |
Custom Search
|
|
|
Cyprus Inflation February 2012March 2012 The statistical service of Cyprus announced on March 6 2012 that the inflation, HICP, in February amounted to 3.1%, remaining the same as on January 2012 and February 2011. Cyprus Credit Rating DowngradeAugust 2011 The Fitch credit rating agency downgraded on August 10 Cyprus's long term currency rating by two notches to BBB with a negative outlook. The downgrade reflects fears the Cyprus would not be able to raise funds in the free markets to refinance the Cypriot debt. Cyprus's Huge Gas Reserves PotentialFebruary 2011 According to the Cypriot newspaper Fileleftheros the French oil and gas institute Beicip revealed potential huge 12 gas fields in the informal boundaries between Cyprus and Greece, south west of Paphos. Two ships chartered by Noble Energy are researching the seabed for potential gas and oil fields. The researched seabed is located close to the newly found Israeli gas reserve, the Liviathan. |
© All copyrights reserved