Local lender Banca Comerciala Romana (BCR) has granted about 5,400 mortgage loans as part of the First House program so far, with a total value of EUR 200 million on this program, according to the bank. BCR entered the program on June 6 this year. So far, BCR granted 20,000 loans in total in the four stages of the First House program in Romania, with a total amount of EUR 800 million. The average value of a loan in the fourth stage of the program is EUR 38,500, down from the First House 1 program when the average value was EUR 41,200. Around 45 percent of the people who received mortgage loans [...]
[relevant-to-adsense]What will happen in Romania if we add eligible persons to “Prima Casa” without having the necessary funds
part 2 of the text with title: “Why do you want to follow all possible mistakes that Greeks have done? “Prima Casa for all” will become “Prima Casa for no one” On Thursday I explained to you what happened in Greece, once the politicians started spreading money to people, multiplying the number of eligible people for every category of State aid. Today let us check what will probably happen in Romania, if the country increases the number of eligible people for “Prima Casa”, without having the necessary funds to support this action. A nice idea, which sounds [...]
[relevant-to-adsense]Why do you want to follow all possible mistakes that Greeks have done? “Prima Casa for all” will become “Prima Casa for no one”
I have been reading several articles lately, regarding the intention to increase the number of eligible person for “Prima Casa”. Instead of the ones who don’t have any property on their name, now there is an announced intention to include more categories in the project. In the same time, the available resources cannot support not even the existing demand. “Then why do we want to increase the number of potential applicants?” one may ask. “In order to give the chance to more people to obtain the property of their dreams” the politicians will reply. “In [...]
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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 ... 
