- 19 December is Sevastopol auction
- 30% of Odessa’s’ agencies closed
- Developers agreed to limit profitability in a period of crunch.
- Foreign investors are interested in finished objects of property
- Influence of crunch on Crimea’s developers
- Prices for property fell to record minimum
- The cost of Crimea cottages higher than in Kiev
- The cost of Crimea cottages higher than in Kiev
- The law about anti crisis actions in construction adopted
Recession in developed countries continue till the end of 2009 16.12.2008
According to specialists predictions, recession in developed economics of the world will continue till the end of 2009.
GDP of the USA probably will be falling during 4 quarters what could be the longest decreasing since 1947. In fourth quarter of the current year decreasing could be 4,3% , when month ago it could be 3%.
GDP of Great Britain in fourth quarter 2008 could fall more than 0,8%. Decreasing could continue as minimum till September 2009 and growth will be small.
Experts predict for euro zone will be decreasing 0,5% in fourth quarter of the current year in comparison with last prediction, which foreseen the fall 0,3%. Decreasing GDP of the Euro zone till fourth quarter of the next year.
What is for rates of Central banks they are going to the zero. According to predictions rates in the USA is 90%, in Great Britain – 50%, in Japan – 40%, in euro zone – 25%. Analytics are waiting for decreasing to the nearest time of European Central bank to 1,5% annual from 2,5%, and USA on next week will decreased the rate till 0,5% from 1%.