fm, Author at Financial Mirror

BOC raises CYP 109 mln from rights issue

Bank of Cyprus Public Company Ltd announced the successful completion of its share capital increase with the issue of a total of 77.902.232 shares and proceeds to the Bank of CYP 109.063.125

19th December 2005

Business

China economy much bigger than thought

Set to surpass UK and France in 2005 A revision to the way national statistics are calculated has led to a massive upward revision to China’s gross domestic product (GDP) figures and

19th December 2005

Business

Greek Cypriot refugees to be offered property back

The Turkish Cypriot parliament in the unrecognised statelet in northern Cyprus yesterday voted to allow Greek Cypriots to apply for restitution of their property lost after the 1974 Turkish invasion. If this

19th December 2005

Cyprus

Partial air decompression in Helios aircraft

Air decompression in the cabin of the Helios airplane which crashed on the 14th of August 2005 was partial and not total, Head of the Team Investigating the accident Serafim Kamoutsis told

19th December 2005

Cyprus

BOC storms higher after Rights success

19th December 2005

Business

Fitch downgrates HB’s rating to D

The international credit rating agency Fitch Ratings downgraded Hellenic Bank’s individual rating to ‘D’ from ‘C/D’. At the same time Fitch affirmed HB’s long-term rating to ‘BBB’ and short-term rating to ‘F3’

19th December 2005

Business