Despite the expert forecasts, the average increase in prices of homes amounted to 5 percent by the end of the first quarter of 2003. According to real estate agents, the last year's average growth in real estate prices on the primary market came to 20 percent. Since then most of the experts strongly believed that the market would calm down, but they proved to be mistaken. The number of deals on the primary market in January and February was twice as high as the normal volume.
This unexpected upsurge was largely due to the war in Iraq, the dollar rate setback, the euro rate growth and also to the property developers' strong influence on price formation.
The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations
On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part