Euroconstruct: Europe’s construction industry to be hit hard by COVID-19
The European construction industry will be hit hard by the COVID-19 crisis, according to Euroconstruct's latest forecast for 19 European member states. Abrupt downturn in 2020, recovery to come in 2021 There will be an abrupt downturn in the European construction markets this year, but a slow recovery will begin already next year. As these markets had a lot of challenges already upfront the COVID-19 crisis with stagnation trends in many countries, it is not surprising that the ongoing crisis will have a huge negative impact on the markets in all ...
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