BOC dives, bud­get deficit re­vised down

Financial Mirror (Cyprus) - - FRONT PAGE -

Bank of Cyprus shared took a dive as share­hold­ers rushed to sell and raise cash for the up­com­ing rights is­sue, while the gov­ern­ment re­vised down its 2005 bud­get deficit to 2.5% of GDP, ac­cord­ing to the is­sue 645, on Novem­ber 16, 2005.

Bank of Cyprus shares fell 2.4% to CYP 2.47 in an­tic­i­pa­tion of the one-for-six rights from which the bank aims to raise CYP 110 mln at an

BOC rights:

Newspapers in English

Newspapers from Cyprus

© PressReader. All rights reserved.