According to the new estimate, the total construction output in the Euroconstruct area decreased by 4.7% in 2020, a more moderate decline than expected six months ago. Also, the final results for the current year as well as the new short-term forecast have been improved, even though slowing down in the mid-term.  The synchronic international recovery, the use of infrastructure works as a classic fiscal policy measure, the introduction of generous incentives for building renovation and upgrade, are some of the sectorial factors that support the positive outlook and its overall improvement, in a more ...