Archive » December 2008 » 01 December 2008 The english news from 01 December 2008
Bucharest apartment prices fall by around 20,000 euros
Three-room apartments in Bucharest have become 15 percent cheaper since the beginning of the year, with the average price per square metre of the homes built between 1980 and 1990 reaching 1,686 euros, the ZF real estate index reveals…
Banks see demand for credits in Romania sinking in Q4, especially on the mortgage segment
Romanian banks expect a massive drop in credit demand for individuals in the last quarter of the year, especially for mortgage loans, despite estimates of cheaper lands and dwellings following worse lending conditions, a survey carried out by the central bank (BNR) shows…
Porsche: The car industry will register its first bankruptcies in mid-2009
The auto industry could register its first bankruptcies at the end of the first half of 2009, with most affected companies those which built showrooms, especially in the past year with bank loans, Alin Tapalaga, Manager of Porsche Inter Auto, the retail division of the Porsche Romania importer, told Business Standard…