The Slovakian city of Kosice has kicked off the beginning of its year as “European Capital of Culture 2013” with a host of activities taking place to mark the occasion this weekend.
Southeast European nations are at risk of a major financial meltdown, should the Greek debt crisis result in that country deciding to pull out of the Euro, a leading economist has warned.
As Greece slides further into the unknown, many European travel companies are reportedly preparing for the country to exit the eurozone. Yesterday the government announced new elections to be held in June after efforts to hammer out a new government failed this week. Thomas Cook, and other major travel players, are preparing for the eventuality of a Greek withdrawal.
Slovakia, Europe’s most centrally located and one of the world’s fastest growing countries just may be the real estate investment Mecca of 2011. Vast governmental infrastructure projects, a revamping of many dated industries, and an already vibrant economy spell profit. Will Slovakia’s boom real estate market return along with other economic recovery? Why not?