Author Archives: gary

Germany, with its economy booming, has little sympathy for Greece

BERLIN — While the rest of Europe nervously peers at an insecure future, Germans are spending their evenings in long lines, hoping for a chance to buy or rent property before costs rise even more. Since the euro crisis began, … Continue reading

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German economy powers on, French growth evaporates

(Reuters) – Germany’s economy confounded expectations by posting robust growth in the first quarter of the year while France could summon up none at all and Italy slid further into recession, data showed on Tuesday.Gross domestic product in Germany, Europe’s … Continue reading

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German Economy Driving European Growth in Business Services

BERLIN and AMSTERDAM, May 13, 2012 /PRNewswire via COMTEX/ — The global market for business services dropped over 20 percent year over year in the first quarter of 2012, but German-speaking markets still grew slightly, according to industry reports. Germany … Continue reading

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GSW Plans to Increase Its Apartments by Up to 13% by Year’s End

GSW Immobilien AG (GIB), the German residential landlord that first sold shares to the public last year, will increase the number of homes it owns by as much as 13 percent this year to take advantage of rising rents in … Continue reading

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German real estate rises on high demand, low loan rate

(The following statement was released by the rating agency) Apr 23 – The current rise in German residential real estate prices after two decades in the doldrums could potentially continue for the next two to three years, says Standard & … Continue reading

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CA Immo helps design the new Berlin

Berlin’s property market is booming – an increasing population and growing services sector are driving demand sky-high both for apartments and for offices. This is contrasted by a supply of property that has seen building solely on an “as-required” basis … Continue reading

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Berlin rivals London in attracting Greek property investment

Greek capital transfers for the purchase of property abroad, particularly Germany, have acquired a steady pace in recent months. “We are doing business with people interested in properties that are taxed less and yield higher returns than those at home,” … Continue reading

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German Mid-Sized Firms to Create 180,000 Jobs, Creditreform Says

German medium-sized companies, whose business confidence rose to a 20-year high, will create 180,000 new jobs by the end of the year, business information service Creditreform said today, citing a survey. Creditreform’s spring business sentiment measure for German medium-sized companies … Continue reading

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German market booms as investors benefit from high returns

  Germany’s residential real estate sector is booming as investors reap high returns after decades of stagnant prices, with values rocketing in many of it key cities.  However, the German government has decided to step in and impose strict measures … Continue reading

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Germany’s house price bubble is only just getting started

Unemployment in Germany is now at its lowest since 1990. Today a mere 6.7% of the population are jobless – a record low for the unified country (ie since 1990). Those in work are pretty confident in their futures too. … Continue reading

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