All signs point to a Euro downturn
Anderson, Graham
All signs point to a Euro downturn - 2007 - Construction News (7047) 6 December 2007, 18-19(2) .
A report from Euroconstruct predicts that prospects for European construction are worsening in the wake of the sub-prime financial crisis, with output for 2008 and 2009 now expected to be 0.4% lower in real terms than initially forecast. A slowdown in new house building is also predicted, with output in the new housing sector forecast to drop every year from 2007 through to 2009. Ireland, Spain and Italy are predicted to be the European countries worst affected. Tables show percentage change in construction output for the European countries (2004-2010).
Europe
All signs point to a Euro downturn - 2007 - Construction News (7047) 6 December 2007, 18-19(2) .
A report from Euroconstruct predicts that prospects for European construction are worsening in the wake of the sub-prime financial crisis, with output for 2008 and 2009 now expected to be 0.4% lower in real terms than initially forecast. A slowdown in new house building is also predicted, with output in the new housing sector forecast to drop every year from 2007 through to 2009. Ireland, Spain and Italy are predicted to be the European countries worst affected. Tables show percentage change in construction output for the European countries (2004-2010).
Europe