Installment

The mortgage pays off even after raising rates, bankers say. Real estate prices are expected to rise further – ČT24 – Czech Television

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Current year-on-year inflation in August exceeded four percent, a rate that the Czech Statistical Office last recorded thirteen years ago. The Czech National Bank decided to take action against further growth last week when it announced a doubling of key interest rates to half a second percent. This was the most significant increase in the … Read more

The Chinese giant Evergrande is drowning in debt and is in danger of bankruptcy. The government is expected to intervene – ČT24 – Czech Television

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“The situation is serious. China’s central bank has long warned that these large companies, including Evergrand, pose a systemic risk to the national financial system. The real estate market has been a major driver of the Chinese economy for the past decade, and the company’s debt is huge. It is over $ 306 billion, which … Read more