Category "Europe"

Prices Of Properties Outside Dublin Grow Fast

During the month of September the prices of properties in Ireland significantly increased by about 1.3 percent nationwide and are also 8.9 percent higher on a year on year basis as shown in the latest figure. However, a breakdown of the date coming from the Central Statistics Office revealed that the prices on the property market are now growing much faster outside of Dublin. The capital city of Ireland is no longer in the lead.

In Dublin, the residential properties increased by .9 percent last September. The prices are now 6.5 percent higher compared to the same month last year. This figure though was the lowest annual increase since June two years ago and it also contrasts the 20 percent increase recorded last April. The house prices in Dublin rose by approximately 1 percent last September while the prices for apartments decreased by .4 percent. Analysts said that the decline of prices for apartments is due to the introduction of restrictions of lending by the Central Bank. Another factor contributing to this decline is the ending of the Capital Gains Tax waiver when purchasing properties.

Outside of the capital city of Ireland, the residential properties increase by 1.6 percent and they are now currently up by about 11.4 percent compared to September of last year. The figure means that across the country, the prices were 34.6 percent lower compared to their peak level in 2007 while in the capital city, the prices are 35.6 percent lower. The property sector firm confirmed that in the last few months the prices for houses has been relatively stable and with a corresponding consistent yet low level of growth. Experts believe that this trend in the slowdown in the growth of the house prices in Dublin is driven by a reduced borrowing capacity since the Central Bank released new mortgage rules. It is to be noted though that sale in the region is fairly doing well.

This improvement in Ireland will also have a ripple effect on different countries in Europe. The trend will be a good indicator that the property sector has rebounded and that companies dependent on the performance of the property sector will also be doing well. This is good news likewise to painters & decorators Northampton.

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A Heartwarming Story of a Syrian Refugee

Amidst the refugees crisis that is now becoming a big problem for European Union member nations is a beautiful and heartwarming story. Usama Abdul Mohsen, a 52-year old father and his family were forced to flee Al-Raqqa for Turkey because work was nowhere to be found.

Abdul Mohsen set off for Europe with his son Zaid wrapped around his chest when they reached the Serbian border. Father and son were caught by the camera being tripped by a Hungarian journalist who was later identified as Petra Laszio. Father and son soon became the symbol of Europe’s humanitarian crisis but he is now being greeted like a celebrity in Spain.

Usama Abdul Mohsen who is a Syrian professional soccer coach arrived in Spain as a celebrity. His arrival was broadcasted over live television so that almost everyone knew about his story. Abdul Mohsen already has an apartment and the promise of a new job courtesy of CENAFE soccer academy. During a Real Madrid match, Mohsen’s 7-year old son Zaid was invited on the field by none other than the soccer superstar Cristiano Ronaldo.

Part of Mohsen’s successful story can be attributed to the academy’s director, Miguel Galan who read about Mohsen’s unfortunate experience in the local newspaper. Upon learning that Mohsen is a professional soccer coach in Syria, the Spanish coach decided to help the Syrian coach. He later told NBC News that the help extended to the refugee was all about brotherhood.

Galan reached out to the Syrian coach through a Spanish reporter. The reporter contacted Mohsen so that he can meet with Galan. Mohsen was offered an apartment in a Madrid suburb and a job. It is yet unclear what team he will be coaching because he still has to meet the requirement of being able to speak Spanish.

Right now, Abdul Mohsen is immersed in learning the Spanish language. With the help of Galan, Mohsen hopes that his family can join him in Madrid so that they can seek asylum. Learning Spanish is an easy task for Mohsen compared to the difficulties and trials he endured as a refugee looking for a better life outside his own country.

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