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24-Nov-2008

Rental Market Booms in Brazil’s North East

The north east region of Brazil is not only seeing a remarkable boom in new housing, but it is also experiencing a large increase in the home rental market, according to an article printed in one of the region’s leading newspapers.

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The slowing down of the economic growth in the euro areas - a low impact on Romania

Tuesday, 30th September 2008

The impact of the slowing down of the economic growth in the Euro area on countries like Romania and Poland will be very low, because of the solid internal demand from these countries, Erste report also shows. Erste Group analysts say that a fall of one per cent of the growth in the Euro area would conduct to a fall of half a point of the economic growth rate in ECE. Nevertheless, there are significant differences between the ECE countries, taken individually. "If we suppose that the Euro area presents a uniform development, the GDP of Poland would grow by around 4-4.5 per cent, while Romania would reach a level of 5-6 per cent. The open economies like those from Hungary and the Czech Republic would be definitely confronted with a more serious situation," reads the report.

Source: Nine O'Clock  

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