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Credit crunching in the UK; Slovakia - the little tiger that's ready to roar again; and Zagreb, any
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| Credit crunching in the UK; Slovakia - the little tiger that's ready to roar again; and Zagreb, any |
Posted: Oct 9 07 18:16
Total Posts: 154
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a quote
"investors are avoiding the volatile Spanish, Irish and UK markets and are heading for the stability of the emerging Europe"
... amazing... but true...
This is a paraphrase of a quote from the FT and as well as being a view expressed in the trade journals.
But consider this - Bulgaria (not the coast, but Sofia) is now believed to be lower risk than Western Europe.
Is it true? Well, I don't know - but that is an amazing 're-evaluation of risk'...
...incredibly the risk emerging Europe turns out to be the safe haven after all?
Okay, I'm pushing it to make the point - but that is a 180 degree turn around.
Right?
Cheers
Neil
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Posted: Oct 9 07 22:43
Total Posts: 230
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I totally agree with your comments on Slovakia - been banging on in the same vein on here for ages!
Huw
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Posted: Oct 9 07 23:46
Total Posts: 20
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Huw - just goes to show that if you stick to what you believe in, remember the fundamentals in place,and don't get too concerned about short term positions, it pays off. I agree that Slovakia has great medium term - long term prospects.
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Posted: Oct 10 07 13:43
Total Posts: 0
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Im with you on this have looked at other areas but the fundamentals are so good. I think this will lift the country as a whole and not just Bratislava.
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