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Basil II

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Basil II (c. 958–1025)

Byzantine emperor 976–1025. He completed the work of his predecessors Nicephorus (II) Phocas and John Zimisces and expanded the borders of the Byzantine Empire to their greatest extent since the 5th century. He eliminated political rivals, drove the Muslims from Syria, and destroyed the power of the Bulgars.

Basil's decisive defeat of the Bulgarians in 1014 earned him the title ‘Bulgar-Slayer’. After the battle he blinded almost all 15,000 of the defeated, leaving only a few men with one eye to lead their fellows home.



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The move is partially a response to the current financial crisis and partially a move to fulfill Egypt's commitments as a signatory to the 2004 Basil II Accord.
Lebanon ,which is abiding by the Kimberley agreement, which is about to vote a law to join the UN protocol on fighting corruption, has adopted the criteria of Basil II and the new principles on international accounting that will have to be applied gradually.
GIC's capital adequacy ratio according to Basil II is at a strong level of 20 per cent.
 
 
 
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