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Tag: Cyprus

Posted on September 4, 2022

TotalEnergies, Eni announce major Cyprus gas find

TotalEnergies of France and Italy’s Eni on Monday announced a significant natural gas discovery at the Cronos-1 well off Cyprus. The island reported its first natural gas discovery, Aphrodite, in 2011 …

( read original story …)



Posted on September 4, 2022

Petrides: S&P upgrade reflects relatively strong performance of Cyprus’ economy

Finance Minister Constantinos Petrides on Saturday welcomed Cyprus’ upgrading by American credit rating agency S&P, which has revised the country’s credit rating from BBB-/A3 to BBB/A2 with a stable …

( read original story …)



Posted on September 4, 2022

Petrides: S&P upgrade reflects relatively strong performance of Cyprus’ economy

Finance Minister Constantinos Petrides on Saturday welcomed Cyprus’ upgrading by American credit rating agency S&P, which has revised the country’s credit rating from BBB-/A3 to BBB/A2 with a stable …

( read original story …)



Posted on September 4, 2022

Bank of Cyprus concludes exit from Romania by selling batch of nonperforming loans

Bank of Cyprus liquidated its activities in Romania by selling its last portfolio of nonperforming loans and real estate worth roughly EUR 147 mln. The assets were acquired by the APS group in a …

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Posted on September 4, 2022

Bank of Cyprus largely saved the economy after 1974

By Evdokimos Xenophontos In 1974 foreign banks were totally unwilling to participate in financing the Cyprus economy. It was up to the banking authorities, the finance ministry and the Bank of Cyprus …

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Posted on September 4, 2022

Bank of Cyprus largely saved the economy after 1974

By Evdokimos Xenophontos In 1974 foreign banks were totally unwilling to participate in financing the Cyprus economy. It was up to the banking authorities, the finance ministry and the Bank of Cyprus …

( read original story …)



Posted on September 4, 2022

Cyprus says new gas discovery aids Europe’s energy search

A new gas discovery off Cyprus’ southern coast that’s estimated to contain around 2.5 trillion cubic feet of the hydrocarbon bolsters Europe’s efforts to secure …

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Posted on September 4, 2022

S&P upgrades Cyprus’ credit rating by one notch

S&P said in a statement released late Friday night that the upgrade reflects the Cypriot economy’s relatively strong performance over the past decade and expects it will continue. S&P revised its …

( read original story …)



Posted on September 4, 2022

S&P upgrades Cyprus’ credit rating by one notch

S&P said in a statement released late Friday night that the upgrade reflects the Cypriot economy’s relatively strong performance over the past decade and expects it will continue. S&P revised its …

( read original story …)



Posted on September 4, 2022

Cyprus: TotalEnergies Announces Significant Offshore Gas Discovery in Block 6

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Eni (operator) have made a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 …

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