Campaign for residential housing
The crisis in the European construction industry is not over. If we can trust the current forecasts of the Euroconstruct Group, overall construction activities in 19 European countries over the entire year 2012 will decrease by around 2 %. Research and consulting institutes from 15 West European and four East European countries assume that the segments of residential housing (-0.5%), non-residential high-rise construction (-2.5%), and civil engineering works (-4%) will experience a downturn.
Yet, not all European countries are identically affected. Investors are presently withdrawing their...
