Romania through my eyes

Romania still doesn’t have any Competitor in South Eastern Europe


I am tested, these are my answers (part 2) Today I continue my reply to the reader who challenged me. If you want to see the first part of  the answer, together his comment and questions, press here: http://http://www.iliaspapageorgiadis.ro/english/?p=152 The fundamentals of Romanian economy are healthy Let us talk about the trade deficit. Please find for me a country which does not have this problem, except China, Germany and few more. USA and almost all European countries are in the same direction since we know this world. Especially Romania requires a deficit, so as to invest and catch [...]

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The best conference for Real Estate in Thessaloniki


If you will be in Thessaloniki today, don’t miss it! 3rd PANHOL Real Estate Forum: The best conference for Real Estate in Thessaloniki Today PANHOL group organizes the 3rd PANHOL Real Estate Forum, a conference for the Real Estate market in Greece and the Balkans. PANHOL is one of the most serious Greek developers, belonging to a family that is an example of seriousness and hard work. The conference will take place in the leading hotel of the city “Makedonia Palace” and it is expected to gather all the experts of the local market. Having an excellent name in the market, the organizers (especially [...]

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Leu should drop to 1 euro / 4.5 leu


I am tested, these are my answers… (part 1) Leu should drop to 1 euro / 4.5 leu My friends, I think you have overestimated me a little bit (or a lot). I am a high school graduate, without any university degree at all and I have received an email by a technical analyst, who really challenged me. I will do my best to reply to him (and together with him to all of you), but I will ask you to be gentle with me, because I will try to tell you truths that Romanians don’t like listening to (exactly as Greeks never like to hear their truths too). So, the comment I received was: “Well, it looks [...]

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Gossiping 2


A really successful businessman… Sunday afternoon, in Radu Beller area, Bucharest. The coffee places are half full, thus lots of parking lots are available. A young guy leaves driving his Maybach (I guess he wanted to feel more secure, this is why he bought a 600.000 euro car – hopefully not by leasing…) and now there are three available parking places. Two seconds after, a big Mercedes illegally turns left and now it is in front of the three parking plots. After mature thought (I guess), the driver chooses to reject all three and to park his car exactly where is the line of pedestrians, [...]

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Gossiping…


The closed Stock Market and the scenarios… On Friday the Stock Market of Bucharest did not open, it remained closed. I didn’t notice in the news if it was announced or not, but my friends who know a lot tell me two versions of a similar story (Ofcourse I wasn’t present, I can not be sure): One told me that the Market didn’t open at all, because there were 0 biddings for stocks and the authorities were afraid to open it, as all the prices would be at limit down. The other one informed me that it didn’t open but during the day there were few biddings. People with experience of several [...]

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Memories from Munich – EXPO REAL


“Call them, are they still going to make it?”. “Man, are you crazy? It is one of the most important Real Estate exhibitions of the world, in the top 3 of Europe”. “Ask… with this crisis, maybe they will think more wisely and they will cancel it”. Fortunately for me, my friend was wrong in one of his very rare times… This week, from Sunday until Wednesday, I was in Munich, participating (together with 3 colleagues of mine) with a stand in EXPO REAL exhibition. My company, MORE International Invest, was there for the second time, presenting to international investors our approach [...]

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Coming up: (All of) You, me and the World Credit Crunch. Are you ready for some difficult truths?


I know that I was away (again) for long. But now I am back, having prepared several posts for you. I would like to thank you for all the comments and the emails you have been sending to me, I really find them more important than you can imagine. Many have asked my opinion regarding the World Credit Crunch and the new situation that we will face in the near future. So, next week prepare for this, together with an approach that so far I didn’t read / hear / see anyone mentioning it. But… are you sure that you want us to see ourselves in the mirror of this crisis?

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My interview in “Adevarul” newspaper


On Tuesday “Adevarul”, one of the biggest newspapers of Romania, had an interview of mine. I guess because the journalist there had interviewed me in the beginning of this year and what I told her about the market happened exactly as our discussion was then. She was really polite and did her work very good and professionally (usually some of the journalists don’t even understand what you tell them…). The result you can find them in this link: http://www.adevarul.ro/articole/un-grec-ce-joaca-totul-pe-romania/369924 I hope that next week I will have for you the translation available in English [...]

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