Posts Tagged ‘Economic Development’
Housing prices will increase by half over the next six months
Told a press briefing held yesterday, principal analyst at the Russian Guild of Realtors Gennady Sterna. "Prices will rise by half a year - from spring 2008 to spring 2009," - he said. In addition, he shared his vision for future development. According to him in the future increases in housing prices will occur at the level of 20-25% per year. This growth does not preclude the temporary downward correction, for example, in late 2009, will continue for another 10-15 years. Then, as suggested by Sterna, they will begin to decline. (more...)
Tags: Economic Development, Finance and economy, investment management, market expectations
The new decree incentives
The final sum made available to the Fund for the provision of incentives to support consumption, sustainable mobility, energy efficiency, occupational safety and innovation (established in the Ministry of Economic Development) amounted to 300 million euros. The final version of the decree provides for bonuses for the purchase of motorcycles and electric appliances energy efficient, but also incentives for the construction of buildings meeting the parameters of energy conservation and the purchase of machinery for agricultural use. Among the measures proposed, moreover, are also fighting for those who purchase high efficiency motors and boating. In the coming days, a decree of the Ministry of Economic Development (in consultation with the MEF and the Ministry of Environment) will be announced the arrangements for
Tags: Economic Development, finance, of Economy, of VAT
Reduction of bag led by ENEL
It ‘lasted just the enthusiasm of the rise of the Milan stock exchange made on Thursday: Thursday because new market decline, led by heavy losses of new Fiat and Enel. FTSE down 2.44% and the Mibtel red ‘s 1.94%
Leading the declines of the S & P / Mib was precisely the energy company that has incurred a loss of 7.23% share dropped below 4 euros (closing at 3.8575 Euro), the negative reaction of the license has been caused by news of a possible capital increase from 5 billion to 7 billion. ENEL it needs capital to cope with international growth to be undertaken following the acquisition of Endesa; this operation “Spanish flu” is a very important step, but equally good for the company to support growth abroad. A final decision should still be taken within a short time, to present the project when it adopted the 2008 budget, on 11 March, the Ministry of Economy, which is the main shareholder with 21.87 Enel % or so, would have given approval in principle to increase. Read the rest of this entry »
Tags: Economic Development, stock market