|
Archived Articles
Simeon Mitropolitski is a Canadian analyst, of Bulgarian origin, and a former syndicated columnist with the Bulgarian News Agency (BTA). He is the author of several hundred articles dealing with hot political and economic topics, both national and international.
He was part of the first group of Bulgarian intellectuals and students that began the opposition movement that finally put an end to the communist regime in this country in 1989, and in 1996-1997 participated in international observation teams during the elections in several Balkan countries - Romania, Albania and Bulgaria.
In 2002 Simeon and his family moved from Bulgaria to Canada where they live now in Montreal, province of Quebec. Simeon is a Master of Political Science from McGill University and a B.A. of Political Science and History.
Global Real Estate Project
|
 |
Scandinavia: Investing in the FutureTo buy or not to buy that is the question? When it comes to Scandinavia the big fishes among the international experts say that we have to buy, at least in some of the countries, because the regional market offers many bright prospective, if not in the near term than in the more distant future. That's the main point in the Pricewaterhouse Coopers publication* analyzing the situation in the 4 countries of the region Denmark, Finland, Norway and Sweden. We won't discuss or put under interrogation any figure given by these experts but only should point out at some conditions that have to be accomplished before these bright prospective become a reality. The most favorite country in the report Sweden, still has to prove its long-term pro-European stand by joining the Eurozone. The report predicts that the country could join the European Monetary Union within the next 5 years because the public opinion now is in favor of such move. It really is in favor but the Danish public opinion also was in favor before rejecting the similar plans during a national referendum. The second argument in favor of bullish expert predictions for Sweden is that the rents caps on housing premises will disappear. In a country with so deeply rooted social-democratic ideas such move won't be an easy step so first I would like to see the pool before jumping in the water. The second most favorite country in Scandinavia in this report Finland, also has some homework to do before being considered as long-term safe place for investments. The homework consists of diversifying the national economy. The second condition for making the country even more interesting for investors is connected with the European Union plans of further eastward expansion. So far Finland is considered as the final frontier of the West world. With the EU enlargement (expected to take place by 2004-2005), Finland will become a cross-point between the rest of Europe and the former Soviet Union Baltic republics. The business importance of the country will increase so the investors interests will boost too. As for Norway and Denmark the report is rather cautious. As for the rest of the region we ll suggest investors to have in mind that some conditions or lack of them on national and international level can make their projects turn far less profitable than expected.
* Scandinavia: Investing in the Future careful
--------------------
See also the directory of companies providing real estate services in, and general real estate information of Europe.
|
See also:
