Construction activity contracted in most counties in Southeast Europe in the first half of 2012, continuing a trend from 2011 as the ongoing instability in the eurozone, the major market for the region's exports, is forcing developers to delay new construction projects.
The outlook for the sector remains gloomy as the sovereign debt crisis in the eurozone is denting demand for eastern European exports, leading to a fall in investments. Increased public spending on infrastructure last year helped...
Keep on reading: Construction industry in SEE still struggling to emerge from eurozone debt crisis
Keep on reading: Construction industry in SEE still struggling to emerge from eurozone debt crisis