Monday, October 6, 2014

Such measures by the state could be: - accelerating and simplifying the legal procedures of bankrup


Such measures by the state could be: - accelerating and simplifying the legal procedures of bankruptcy debtors and simplified procedures monarch for recovery; - Tax breaks for paid mortgage payment - interest its components can be deducted from - income before tax to income tax; - Tax exemptions for income received from mortgage bonds; - State-branch licensing companies and individuals working in new construction and commercial monarch real estate. This would legitimize these operators as potential borrowers and increase the quality of services, which will enhance monarch tyah- demand, and hence the demand for loans; - Promotion and development of the capital market, and hence the secondary mortgage market; increase confidence in the banking system after its privatization, thus increasing the amount of deposits and extension under them, favoring monarch the granting of longer-term loans. The trend of economic growth, promote employment and reduce the tax burden monarch would lead to higher incomes (important for the current service repayments in the event of a loan), and subsequently to higher savings monarch (needed to pay downpayment). Economic recovery would increase the liquidity of the housing monarch market, which will lead to higher mortgage appraisals of property monarch pledged as collateral item.'s. To reduce the percentage of downpayment to acceptable levels. We must not forget, however, that in the works in finance asset ownership monarch is almost entirely private. For example, 35 commercial banks, 33 are private, only DSK Bank and "Biochim" are still state. This means that the state can no longer be actively and directly impact on these two areas of the economy, and could regulate the situation by improving the legislative framework and creating the right conditions for business. monarch Besides, there are almost no tools for fine-tuning the economy - fiscal policy is largely predetermined in the agreement with the IMF and the monetary policy of the Bank is almost entirely replaced by the automatic mechanism of the currency board. So the state will be operator and will not displace and replace market mechanisms and will be regulator and enabler of the processes in the economy through its macroeconomic, legal, social and housing policy.


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