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Property news by Property Wire

Wed
Nov 19th
2008
Home arrow Company News arrow Piraeus Bank
Piraeus Bank Profile Page
Piraeus Bank
 
Company name: Piraeus Bank
Category: Finance
Telephone: 0845 603 6538
Fax: 0845 602 2756
Full address: Piraeus Bank SA
London Branch
Tower 42
25 Old Broad Street
London, EC2N 1PB
Web address: www.piraeusbank.co.uk
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Feature story

Superstar property investment markets only have themselves to blame

When Hungary turned to the International Monetary Fund for help last month the move marked a seismic change in the fortunes of central and east European countries whose economies had been booming.

From the Baltic to Turkey property markets were thriving. Before the credit crunch countries like Bulgaria, Latvia, Turkey, Romania and others were seen as superstars where investors could get in early and get out quick with some nice profits.

Forum Watch

Correction or Crash? Middle East jitters hit the property forums

With some alarming property price falls in Dubai and jobs cuts now being announced across the real estate sector it is no wonder that the situation in the Middle East is being actively discussed on the property forums this week.

Currency watch

Dollar remains strong

The US Dollar remained strong despite housing market index falling to its lowest level. PPI in October also fell 2.8% mainly due to lower energy prices.

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