The recovery of the European construction industry is more rapid than initially expected, with much of the losses from the Corona pandemic expected to be recovered in 2021. According to the latest estimates, construction volume in the Euroconstruct area will grow by 3.8% in 2021, following a slump of 5.1% in 2020. Compared to the previous forecasts, the decline in 2020 was less than expected, and the pre-crisis level will thus be reached again by 2022 at the latest. Against the backdrop of significantly more favourable economic conditions in ...
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