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03 Feb
13:05

Eurozone construction rebounds but post-pandemic uncertainties remain: ING

Eurozone construction output should recover by 4% on-year in 2021, but the recession will leave its mark, says ING Bank. Permits for new dwellings – a strong indicator of future production – plunged in France and Spain in 2020, which may hinder the completion of new dwellings in the coming years, even as the pandemic abates. Infrastructure companies are receiving fewer orders, and the high uncertainty and weakening financial position of …
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