PROPERTY MARKET IN ROMANIA (II)
About 6 months ago I made a short review of the property market in Romania, since the change of the system from the communism to the free economy. (here)
Now I shall make a review of the situation regarding the property market for the last 6 months.
Read MoreAn ancient oath
This is an oath from Ancient Greece which I found it very interesting for our times.
Read MoreDONKEYS KNOW THE WAY
I was born at a village in the mountains situated between the capital of Cyprus Nicosia (Lefkosia) and Troodos mountains, where I lived with my family.
I remember when I was a little boy, around 8 years old (it was summer holidays so we had no school), my father told me that the next day, at dawn he would take his brother’s donkey, and go to our land up in the mountains to cut wood. He did not want to take me with him that early, and asked me when I weak up in the morning, to ride our family donkey called ‘siderkas’ (i.e. iron animal) and go to meet him so he would have 2 donkeys to bring wood home for next winter.
Read MorePROPERTY MARKET IN ROMANIA.
A lot of people are asking me the following question:
How is the property market in Romania?
In order to give the right answer to the above question, we have to examine the past and the present of the property market.
Read MoreBusiness psychology
Today’s subject is psychology at work.The subject can be understood better if I describe something which happened years back when I was working in the documentary credits department of a commercial bank in Cyprus.Among the many clients which we had at the bank there was somebody who was one of the best clients. This person was very strict and demanding. Most of my colleagues in my department were terrified when this client approached them for some banking transaction he wanted, because in most of the cases he would not be satisfied with the service he had from them with a result of an unpleasant situation, where my colleagues would be reported to management, although they did their best to serve the client.
Read MoreA short meaningful story
I shall tell you a story my friends:
There were two friends at school, Andreas and John.
Andreas was a hard working clever boy, and he finished school with excellent marks.
John on the other hand was not a good student, he just managed to get the lowest marks which would permit him to graduate.
The good student, Andreas, got a Government job and he became a good civil servant.
The other one, John could not find a job and he went abroad. There he had also very big difficulties, and he had to wash dishes in restaurants in order to have some food.
Read MoreChronicle of 14 years presence in Romania
It was some time in year 1996 when I visited Romania for the first time. Seven years had passed from the time when Ceausescu was overthrown and the country changed from the communist regime to the free economy system. At that time, although 7 years had passed from the date of change, a visitor could see many differences if he tried to compare with a country which did not experience the comunist system. Very poor infrastructure, old buildings with small apartments, few cars in the roads, although sometimes you could see a few expensive cars. This is understandable, and is also evident to the visitor what people had to undergo, when from one day to the other everything changed. No jobs, no money, nothing, because the country had to reorganise everything from scratch.
Read MoreBEAURACRACY IN ROMANIA
Today my friends I shall tell you a few things on the above subject, coming out of my long business and professional experience in Romania.
Most of the beaurocratic systems go back to the communist regime and although efforts have been done by the Romanian authorities to change and simplify systems, this process is too slow, if we consider that more than 2 decades have passed since the change.
Read MoreAesops Tales
Here is a nice story by Aesop, the ancient Greek writer who wrote meaningful stories with animals and birds:
One day in old times a carpenter gave to his young assistant a piece of meat he bought from a nearby butcher instructing him to take it home and give it to his beloved one (meaning of course his wife in order to cook for the dinner (on those days these assistants were usually working only for food and to get trained for their job).
Read More