Flat, skinny or healthy?
EventsWhen a banker at the conference was told that he looked good, had a nice tan and had lost some weight, he replied: "Just like our industry, which has also lost weight!" A joke told in the lobby, where one could sense less optimism than from the experts on the stage
"You have to believe in German companies and German companies have to believe in the development of China, given that there are some question marks behind the US growth story in 2012," replied Andreas Rees, the chief German economist of UniCredit bank, when asked for his forecasts for the development of the Polish economy in 2012. His presentation came at the opening of the 17th annual end-of-the-year meeting of the real estate sector, which this time was held on December 8th. This is a good time to sum up the passing year and, more importantly, try to make predictions for the one that is about to start. Ominously, Andreas Rees ended a lot of his remarks about the future of the European Union with question marks. However, when we take a global perspective, we can see that we are in the middle of a worldwide economic slowdown, which is not limited to the eurozone. France, Germany, the Scandinavian countries, London and Poland are the destinations that investors looking to buy properties
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