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External affairs  31 January 2008, 21:45, Florentina Gagiu

Record loan in Czech

The crisis of mortgage credits that burst last year in USA didn’t affect Czech. Anyhow, the impact wasn’t felt until the end of last year, when, according a provisional balance sheet, the mortgage area increased up to14%. A double percentage comparative with all the previsions made by experts. The value of transactions from this area increased to about eight billions dollars. The towns which registered the most loan requests for purchasing houses were in Prague and Brno. In the capital were contracted 24.000 mortgage credits whose amount value exceeded 3 billions dollars. According the press from Prague, the most loans were released in 2007 by Ceska Sporitelna si Hypotechni Banka. In Bulgaria, fresh member of EU, the price for houses increased in 2007, with 28,9% comparative with the previous year. According the date supplied by the National Institute for Statistics (NSI), the medium price of a square meter in 28 of the greatest locations of the country was of 820,9 dollars. The most expensive market remains Sofia, where the same square meter put up the price with 35,1% against the tariffs applied in 2006, reaching to 1.364 dollars. On the second place is situated Varna, with 1.326 dollars square meter, in increase with 33,9%.

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