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NYC mayor has $11 bln dream to galvanize Manhattan

New York City´s mayor on Thursday outlined his $10.6 billion vision to galvanize struggling lower Manhattan, drawing residents, tourists, and foreign firms by offering federal tax breaks and ...

Unemployment benefits continue to rise

At the end of the third quarter of 2002, 184 thousand people were claiming unemployment benefit, 20 thousand more than one year previously. In the second quarter the increase on one year previously wa ...

Production in the construction sector down by 0.8% in euro-zone

Down by 0.2% in EU15Seasonally adjusted production in the construction sector decreased by 0.8% in the euro-zone and by 0.2% in the EU15 in the third quarter of 2002, compared to the second quarter of ...

NYC office market: rents and occupancy rates fall in November

The latest study by real estate brokerage firm Colliers ABR showed occupancies and rents continued to slide last month. Robert Sammons, director of research at Colliers, said the situation will likely ...

ECB revises GDP growth figures for Euro-zone downwards

A first estimate released by Eurostat indicates that quarter-on-quarter real GDP growth was 0.3% in the third quarter of 2002. This was towards the lower end of expectations.Recent survey data suggest ...

Hundreds of millions for new district in Helmond

A former industrial estate near HelmondÂ's city center will be completely transformed over the next ten years. The project requires an investment of EUR 450 mln.After a thorough clean-up of the possi ...

Real estate investment tops 100 billion euro

Pension funds, insurance companies and investment institutions increased their investments in real estate by just over four billion euro to nearly 101 billion euro in 2001. Seventy billion euro of thi ...

Retail turnover volume up

The volume of turnover in the retail trade was nearly 3 percent higher in October 2002 than in the same month last year. According to figures from Statistics Netherlands food shops realised the larges ...

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