In spite of the difficult environment, almost 50,000 flats were completed in both 2020 and 2021 – a level last seen 15 years ago. However, due to the war in Ukraine and its impact on supply chains, inflation and the volume of orders, construction activity is expected to decline in the medium term. These are the findings of the Housing Market Report NRW 2022 recently published by NRW.BANK.Read more
In the first nine months of 2022, NRW.BANK extended promotional funds totalling 9.5 billion euros, 18 percent more than in the same period of the previous year (€ 8.0 billion). This increase is due to the fact that the economic situation continues to stabilise after the COVID years and that planned investments that had been suspended, e.g. in infrastructure measures, are now being implemented.Read more
The university Jean Moulin Lyon 3 will organize a discussion forum on: “L'Agence France locale (AFL). An institutional lever for the financial independence of local authorities” on Friday, 18 November 2022 from 9h00 -17h00. The event will be held in French.Read more
The quarterly report ”Local Government Debt Management”, which offers a picture of the structure and conditions of the total debt of the municipal sector in Sweden, has now been updated with new data for the third quarter 2022.Read more
KBN’s lending portfolio increased by NOK 5.9 billion in the third quarter of 2022 primarily as a result of good growth in standard variable rate and fixed rate lending. KBN’s green lending grew by NOK 3.1 billion in the quarter. KBN’s result for the period in the third quarter of 2022 was a profit of NOK 145 million as compared to a profit of NOK 450 million in the third quarter of 2021. Unrealised losses on financial instruments as a result of the market turmoil were the reason for the decrease in profit for the period.Read more
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