REVIEW OF THE PROPERTY MARKET IN ROMANIA
GENERAL ECONOMICS
A review of last year’s economics indicate an encouraging situation whereby the Romanian Economy is stabilizing with prospects of recovery during the current year. This is expected to be more evident in 2013.
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 MorePROPERTY MARKET IN ROMANIA (I)
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 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.
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