I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates 469 BC
REUTERS By Georgina Prodhan and Michael Shields ALPBACH, Austria | Thu Aug 29, 2013 8:24am EDT
(Reuters) – The fragile European economic recovery seen in the second quarter should continue into next year and become more solid, the European Commission’s top economics official told Reuters on Thursday.
Olli Rehn said greater fiscal credibility in euro zone countries, action by the European Central Bank to stabilize markets and better economic governance had all strengthened the currency bloc’s ability to withstand political shocks.
“The euro zone is less sensitive to political turbulence,” Rehn said in an interview, contrasting its current state with its previous greater vulnerability to derailment by such upsets as Italian and Greek political turmoil or the Cyprus debt crisis.
“The recent both hard data and soft indicators on consumer confidence and purchasing managers’ expectations are supportive of a subdued sort of recovery this year and a somewhat more solid recovery next year,” he said.
“Not brilliant, but nevertheless a more solid recovery. And we should see next year also more improvement in employment,” Rehn said on the fringes of an economic conference in the Alpine village of Alpbach, Austria.
Rehn had told reporters earlier there were signs of a gradual recovery in the euro zone but it was premature to say the crisis was over.
He added that Greece was making good progress but a decision on whether Athens may need a third bailout could not be made until the so-called troika of its international creditors completed an assessment in late September and early October.
“Its economic reforms are moving forward better than in the first two years of the reform program because there is now broader – not full, but broader – consensus in Greek society for reform,” he said.
German Finance Minister Wolfgang Schauble said earlier this month that Greece would need a third bailout, a statement that prompted an outpouring of officials saying nothing was planned yet.
(Additional reporting by Angelika Gruber Editing by Jeremy Gaunt)
a little about me and my expertise – video
LAND SPECIALIST – LAND EXPERT – INVESTMENT BROKER – ARIZONA
https://www.youtube.com/watch?v=PPs3kpKR4nY
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Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial Investment Real Estate Broker in Arizona now for 15 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial and Landspecialist in Phoenix and a Landspecialist in Arizona.
1.
WHETHER YOU LEASE OR OWN
NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.
In my opinion in Arizona we are at on the a rise of the cycle in Commercial Real Estate. so there is only one way and it’s called we are going up and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix. The prices on deals I may get you will not be around forever.
2.
IF YOU OR ANYBODY YOU KNOW IS IN TROUBLE WITH YOUR BUSINESS, AS MANY AMERICANS ARE IN THE MOMENT, AND ARE ABOUT TO LOSE YOUR COMMERCIAL PROPERTY, PLEASE CONTACT ME. IF YOUR BANK IS BEHAVING BADLY I MAY BE ABLE TO HELP YOU GET OUT OF SOME OR MAYBE A LOT OF FUTURE HEADACHES.
3.
WAITING TO SELL YOUR LAND ? TIMES CHANGE / IT’S TIME
We barely could give land away the last few years, but times are changing. Even in those meager years, I sold more land across the state than most other brokers. Before the real estate crash I was a land specialist in Arizona with millions of dollars of transactions, but then I had to change and also sell other commercial investment properties, which was fun, but I am a Commercial Landspecialist in Arizonal, a Commercial Land Specialist in Phoenix and love to sell land, one acre to thousands of acres.
Since I was a Land Specialist in Arizona and a Land Speciaost in Phoenix many of my clients, Sellers and Buyers remember me and now they are calling me again, so this is the time to get back into land and none of my clients, including future clients, will miss out on getting their best deal.
Also, if you are up-side down on your land, like many Americans, and the lender is giving you a hard time, now is the time to put your land on the market. Lenders are making deals now with short sales. I have been working with banks for many years – I learned how to work with them.
If you have any questions about the 1 to 3 above, about Commercial Investment Properties in Phoenix or Commercial Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me 520-975-5207 (cell) 602-778-5110 (office direct).
Thank You
Walter
Walter Unger CCIM
Associate Broker
Kasten Long Commercial
2821 E. Camelback Road, Suite 600
Phoenix, AZ 85016
Cell: 520-975-5207
Direct: 602-759-1202
Office : 602-445-4141
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