The German Government has named Joachim Metternich as the country’s new credit mediator in a bid to boost business lending.
Mr Metternich, who currently heads up the public investment bank for the western German state of Rhineland-Palatinate, will take up his role in March 2010. The appointment comes...
Posted to
Finance
on 12-02-2009
Filed under: All Financial News, Economy News, Banking News, Germany, Government, credit crunch, boost, threat, France, business lending, credit mediator, Joachim Metternich
http://www.bbc.co.uk/blogs/thereporters/robertpeston/ His constant liberal bias to the Labour party has no bounds, unable to allow himself to express the tangible link between the failure of the current Government to the failures in the economy, instead trying to draw kudos from inaccurately linking...
Posted to
FM Blog
by
Alan
on 12-02-2009
Filed under: Credit Crunch, Credit Hunch, Robert Peston
“Housing may be starting to turn the corner. But commercial real estate’s woes may be just beginning.”
-Investor’s Business Daily, November 2
The CRE picture is looking pretty ugly these days. From the AFP this past weekend:
Even as some sectors of the US economy see a return to growth, woes in commercial...
Posted to
Economics
on 11-18-2009
Filed under: Credit crunch, Mortgages, CRE, Commercial Real Estate, CRE bust, Banking Crisis, Credit, commercial real estate mortgages, CRE mortgages, credit tightening
Many UK adults have had their social lives “hit hard” by the credit crunch, moneysupermarket.com claimed this week.
Two-thirds (65%) of those polled by the price comparison site said they’re more likely to stay in since the recession started.
Eleven percent said they’re holding...
Posted to
Finance
on 09-16-2009
Filed under: All Financial News, Economy News, recession, research, credit crunch, poll, moneysupermarket.com, social lives