Theories of relativity

Is the worst over? Yes. No. Maybe. There are as many answers as there are possible scenarios for how the credit crunch will unfold. looking at the macroeconomic signs, many seem to believe that the storm is well behind us. or not, as the case may be. in fact, some of the real estate players ‘eurobuild cee’ spoke to admit that for the region the worst might even be still in store Mladen Petrov We all remember September 2008. It was the bankruptcy of Lehman Brothers – one of the largest and oldest American banks that had managed to survive the Great Depression of the 1930s – that made it clear that we have a problem. A global problem. The participants of the 2008 Expo Real Fair in Munich will remember for a long time the atmosphere, a weird mix of uncertainty and furtive hopes that the crisis would somehow spare continental Europe. In the year since the world financial crisis was officially announced lots of things have taken place. For the real estate sector, t