IMF chided for gloomy forecast

Article Abstract:

The International Monetary Fund issued a report that the European Central Bank would be unable to fulfill its new role as the overseer of the entire banking sector of Europe. This report also stated that Europe's regulatory bodies will be unable to handle the disarray that will result from the inabilities of the European Central Bank. This report angered senior economists.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Evaluation, International Monetary Fund, Reports, Banks (Finance), European Union. European Central Bank

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Don't be a chicken: invest in Kiev now

Article Abstract:

Russia is having great difficulties in its commercial property market. Demands for property are decreasing drastically causing a major decrease in price and in market confidence. Office space can be purchased at excellent prices in late 1998. Several new developments and remodeling to resemble western standards are underway.

Russia, Economic aspects

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Anyone for seconds?

Article Abstract:

The second home market is growing throughout Europe. The cold weather causes people to purchase homes in regions with warm climates. The fastest growing demographic group is 45- to 65-year olds. This group has one home, has grown children and has surplus income to spend on something more permanent than a vacation.

Forecasts and trends, Second homes, Hamptons Estate Agents

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