Last week there was the good news about the loans of Romania, almost 20 billion euro in total, by IMF, E.U., World Bank and EBRD. Next day there was the news regarding the 9 major banking institutions which are present in Romania and offered a “vote of trust” to the country. The expected inflow of billions of euro (from the loans) has already started influencing the euro / Ron currency. After some months, Ron started being appreciated towards euro and this had already caused some “strange” discussions in Romanian media and the market in general… I returned to Bucharest last night and [...]
[relevant-to-adsense]Memories from Cannes…
First day of exhibition, a very quiet one. So instead of sitting on a chair and waiting “the clients who never appeared”, I decided to walk around. Soon my walk brought me in front of the impressive stand of a big company, coming from East… a major project was displayed, big tall buildings with nice designs. “It could be interesting for my client who searches in more “virgin” countries than Romania” I thought. So when the first hostess came to me, asking me how she could help me, I was really interested and started asking questions. I found out the city, the location, how good was [...]
[relevant-to-adsense]Difficult but wise choice: Romania took 20 billion loan
Since this economic crisis has started, Romania was considered to be one of the most dangerous countries “to explode and declare bankruptcy”. I was always saying that this is just an exaggeration, as the country didn’t really have to face the problems of many others (in the area or around the world). But it is sure that all the crawlers and alarmists had done their best so as to attempt to convince us about how big is the problem, bigger than the reality itself. This is why in my mother country, Greece, people were reading every day stories about Romania and Bulgaria. There was nothing clear, [...]
[relevant-to-adsense]My comment: Real Estate shrinks but still thinks big
Filed Under: Uncategorized on Mar 25, 2009 @ 12:27 PM
This week “Business Review” magazine explores the new situation in Real Estate market. A very interesting article is presented in their edition, printed and online one (www.business-review.ro). There is a small comment by me as well, where I explain that I don’t consider Real Estate a niche business (on the contrary). But definitely it is not a business for everyone, especially not for unserious guys, searching for “easy – fast money”. Also I speak about the volume of transactions and the size of the market, where I predict that in 2008 we will go down to the figures of the past. You [...]
[relevant-to-adsense]The Money Channel 16th of March 2009
Filed Under: Uncategorized on Mar 16, 2009 @ 10:24 PM
Interview of Mr. Ilias Papageorgiadis by Diana Gheorghita, The Money Channel 16th of March 2009 After a period of economic crisis, „2011, the first year of growth of the real estate market in Romania”. This is the forecast given by Ilias Papageorgiadis, Managing Director of „More Real Estate Services”, on the occasion of the interview given Monday, March 16th, at 17,30, to the TV „The Money Channel”. The [...]
[relevant-to-adsense]Cannes 2009: Free lessons for the ones who want to learn…
Filed Under: Uncategorized on Mar 16, 2009 @ 12:29 PM
While I was … raped again (paying for gold each and every extra kilo I had in my luggage), my brother Grigoris was still at our stand, instead of enjoying the warm Friday’s sun. I was traveling back to Bucharest (with the super expensive Air France and its nice empty planes with the very polite flight attendants), while he was returning back to Thessaloniki, together with two very good friend of ours. He was flying by Swiss, few hours after me, so he decided to stay at our stand as much as possible. (We usually have this habit as family, we don’t abandon our work for fun and we are very proud [...]
[relevant-to-adsense]Today: My interview to MONEY CHANNEL, at 17.30
Filed Under: Uncategorized on Mar 16, 2009 @ 12:28 PM
Today at 17.30 (Romanian time) you can see me live on MONEY CHANNEL television, the no. 1 Romanian channel for economy. I guess the questions will be about Cannes and what happened there, the current market’s situation and my predictions for the future. In case you are interested, you are all welcomed to watch it live (if you are in Romania) and if you are out of the country, then www.tmctv.ro is your solution! You enter there and you can watch the programme live. See you around…
[relevant-to-adsense]
Few days ago, on Tuesday, I had presented to you an interview of Mr Gavin Ryan, an expert in Private Equity and Venture Capital Funds. As far as I understood from your feedback, this subject was really interesting for you, as the official information about this segment is really limited. This is why I decided to address to Mr Ryan again, summing some of your questions and adding some new ones. This domain is really interesting and I think that it worths to know ... 
Back in Romania! Less traffic than ever…
Buna dimineata to everyone! Yesterday I came back to Bucharest and I had a big shock! First of all, it was Monday evening at 19.00, the busiest time of the week (together with Friday) and the queue at passport control was almost 0! Then the luggage came in no time! And after we drove from Otopeni airport to the centre of the city in 20 – 22 minutes! Not a lot of cars, no traffic at all! I know it is not so good to have empty streets, it is a clear sign for the economy. But on the other hand, at least let us not be so negative and enjoy the small daily pleasures like this! PS. I also noticed [...]
[relevant-to-adsense]