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Germany is facing a new problem – more and more construction projects are being cancelled!

Construction companies in Germany are recording an increasing number of cancellations of residential projects. The share of companies facing layoffs reached almost a fifth in March. The expectations for the coming months are quite pessimistic, according to the survey of the Munich Ifo Institute, "SEE.biz.eu" reports. "Conditions in housing construction remain tense. There aren't enough new orders to compensate for the cancellations," ...

Germany is facing a new problem – more and more construction projects are being cancelled! Read More »