House With Panoramic View In Bankia - ID 2926

Overseas Property Market To Attract City Money In 2008 19/03/2008
Overseas property will be the focus of City bonus investment next year as well as prestigious locations in the UK Property experts are confident that Christmas bonuses will still be spent on bricks and mortar, despite the gloomy outlook in the financial and property markets. However, it will be the overseas property markets and more prestigious locations in the UK that will benefit most. Despite forecasts that London's City workers might see their seasonal bonuses diminish by an average 16%, the pot still is estimated to reach Ј7.4 billion, and a substantial amount will be spent on property. But next year, property experts believe over 70% of the money invested in property will be channelled overseas. 'We have seen a 17% rise in enquiries this month, as workers focus on... more

Bulgaria Poorest In Eu 18/03/2008
Luxembourg citizens are the richest in the 27-country European Union, over seven times more than the bottom-ranked Bulgarians, data showed, underlining the wealth divide between the bloc’s new and old member states. Luxembourg’s gross domestic product per capita, expressed in purchasing power standards, was 280 units — two and a half times the 110 average of the 13-member euro zone in 2006, the EU statistics office said. In Bulgaria, GDP per capita in purchasing power standards was 37 units. The EU average was 100 units. The Luxembourg result is partly thanks to large numbers of cross-border workers who contribute to its GDP, but are not taken into consideration as part of the resident population used to calculate GDP per inhabitant of the land-locked Grand Duchy. Ten eastern... more