Romania through my eyes

Stop playing with the investors! There is no reason for apartment prices to rise due to “Prima Casa III”


Hello and have a nice week everyone. Last week we started listening news regarding “Prima Casa III” and the fact that its funds are running out. It was announced that the daily number of applications rose from 40 to 70 – 80 and that the available amount of 200 million Euro will finish during the following weeks. What is interesting with this news is that it is combined with “analyses by experts” who claim that “this fact will rise the prices of apartments”. Nothing less true than this! Some people continue trying to play with the investors! I personally [...]

8 wrong approaches regarding Fukushima incident and nuclear energy in general


Hello to everyone. It seems that my article about the consequences of the incident at Fukushima nuclear reactors attracted the interest of many thousands of you, plus several comments as well (to read it again, please press here). I have approved all of them, despite the fact that I disagree with almost all that is stated there (this is the meaning of democracy and freedom of speech after all) Today I would like to continue on this issue, writing to you my point of view regarding 9 approaches that I received as comments (and I consider wrong). “Nuclear energy is definitely safe in our [...]

Don’t search only for the… “Elton John of properties”! “Paula Seling” and others are good too! Just avoid… “Kamelia” etc


Elton John’s concert, a lifetime experience Last Saturday will remain in my mind forever. I was at Piata Constitutiei and had the luck to experience the concert of Sir Elton John. For 2,5 hours this incredible artist spread his spell throughout the lucky 12.000 people who were present. Playing his piano and singing simultaneously, he showed what it means to be “great”. No arrogance, no “pretending”, no attempt to impress, no… “show”. Just amazing music by him and his band. A rare “diamond” of art… Exception which simply confirms the rule Yes, Elton is a brilliant artist. But we don’t [...]

Industrial sector: Stuck in the slow laneRetail developers playing a high stakes game


CEDER Conference: A must attend event for Real Estate professionals Part 2 of the post: Romanian Real Estate market through experts’ quotes (To read part 1 please press here) I was not so sure whether i should attend this event or not. My programme was quite busy and a deal ready to be finalized. Plus, you know… we receive announcements for so many events, almost every week. But reading the list of panelists and knowing how serious and well informed are some of them, I thought that it should be pity to lose CEDER 2010 last Wednesday. And I was right, it worthed every minute of my time [...]

Looks like I had the same ideawith Chancellor Merkel (!)


On Wednesday I had analyzed to you my opinion regarding our Capitalism. I focused on what I consider the most unethical of all: The gambling with “short – selling”, when people invest without having the whole amount. I explained to you why I don’t agree with this method, as it causes major problems to billions of people around the world. Press the link to read my analysis Chancellor Merkel announced measures about it! Looks like Chancellor Merkel was ready to act, while I was writing this text. On Wednesday she announced new measures against “short-selling”, which in my opinion should be valid [...]

5 questions regarding our Capitalism. Is it the one we wanted to live in?


Today I will not write to you about Real Estate. Respecting the national strike, I will just share with you some thoughts and questions I have about the world economic environment in which we all live. I don’t expect you to reply to me. Actually, I am sure that many of you will share the same opinions and questions. My beliefs: Capitalism with the State controlling the system and the weak people being protected I always preferred Capitalism. It is not the perfect system, but so far we have not found any other system which provides so many opportunities to so many people. On the other hand, I believe [...]

IMF asks VAT and tax on profits to skyrocketWhat does this mean for the Real Estate market?


Did you read the news yesterday? The International Monetary Fund asks Romania to drastically increase the VAT tax, from 19% up to 25%. Also the tax on profit is proposed to rise from 16% to 20%. Nothing is sure yet but I guess that during May we will realize that 2010 will be more difficult than many (dreamers) expected. To read more upon this, you can also check the following links: “Reprezentantii FMI considera majorarea TVA masura cea mai sigura pentru a creste veniturile bugetare” FMI ar fi cerut TVA de 25% FMI, catre guvernanti: Majorati cota unica si TVA! FMI [...]

“Greeks made all possible mistakes, but Germanywas the one who benefited the most out of them”


Last week I gave an interview to Deutsche Welle, the leading German newswire since several decades, one of the most important and serious media in Europe. To be more precise, to the Romanian Service of Deutsche Welle and the their well known correspondent Laurentiu Diaconu-Colintineanu. Deutsche Welle is represented in Romania by www.hotnews.ro, the leading Romanian news site and every Friday you can listen to their show “Bucuresti Punkt Bonn” (Bucharest.Bonn). A preview by this show was uploaded to the site last Friday, being taken care of by Sorana Mihailescu. It included my interview together [...]

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