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28 Jul
16:24

German construction crashes after boom years

Germany’s construction industry appears to be suffering even more than in neighbouring countries, amid an overall slowing economy in Europe. However, the current performance must be viewed against the boom that had prevailed for years, which makes the fall even harder. “For years, construction flourished more than was healthy, and production capacities were massively expanded with investment in machinery,” a manager of a rebar distribution group …
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