Really, of course, Zamoskvorechye is on the right bank of the Moscow River, which snakes through the heart of the capital, almost constricting this part of the city into an island. But comparisons between this well-defined artisan area and la Rive Gauche, or the southern bank, of the Parisian Seine, birthplace of creative talent in the belle époque, are more than valid.
While news from the Cypriot property market is not particularly positive, as stagnation sets in one particular change has been the gain Russian buyers have made on the British as leading purchasers of real estate on the island.
Factories are not an image easily dissociated from Russia. The Soviet UnionТs development of military-industrial complexes turned a country once known primarily for its peasantry into one associated with heavy industry.
RussiaТs two leading cities, both at one time the countryТs capital, have always run head to head competing for political, economic, cultural and scientific superiority. While the real estate markets in Moscow and St. Petersburg develop in the same macroeconomic environment, there remains a number of differences between them.