Luxembourg became the first country in the world with free public transport
Buses, trams and trains in the country are now free, and you don't need to buy a ticket. Luxembourg became the first country in the world to make public transport…

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World on lockdown: countries close borders and impose quarantines due to coronavirus
On Monday, March 16, several countries announced the closure of borders and the introduction of quarantines due to the spread of the coronavirus. Russia has closed the border with Belarus.…

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French businesses temporarily exempt from property payments
The French President introduced a delay in utility and rental payments for small businesses. The country's authorities are trying to support the economy in connection with the spread of the…

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crisis

The fed lowered its interest rate due to risks to the US economy

The regulator took emergency measures in connection with the spread of the coronavirus and the fall of markets. For the first time since the 2008 financial crisis, the rate decision was made at an emergency meeting. Donald trump is in favor of even more base rate cuts.

The us Federal reserve, which serves as the country’s Central Bank, lowered the interest rate by 50 basis points to 1 – 1.25% on March 3 as a measure of economic stimulus. The decision was made after an emergency meeting.

The US economy remains strong, but the spread of the coronavirus poses growing risks to economic activity, the fed said in a statement. Continue reading

Rental rates in Athens rose to 30 % over the year and exceeded pre-crisis indicators
In several districts of Athens, rent has risen in price over the past year by 20-30 % and exceeded the figures recorded before the crisis, reports ekathimerini.com. A similar situation…

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More than 5,000 foreign investors have been granted Turkish citizenship in two years
The decrease in the minimum investment required to obtain a country's passport has led to a boom in the Turkish real estate market, writes Daily Sabah. According to the Turkish…

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In Ireland, agents sell real estate online
Virtual views, live chats with brokers and electronic signature of documents are the new reality of the Irish real estate market, writes The Irish Times. Savills Ireland has launched a…

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Montenegro approved the first applications for citizenship by investment
According to the press service of Henley & Partners, the first application was considered only three months. The government of Montenegro approved the applications of three investors for citizenship. The…

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