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Follow on Google News | Construction industry in South-eastern Europe still struggling to emerge from eurozone debt crisisConstruction activity in most SEE countries, for which data is available, declined in the first half of 2012, continuing a trend from 2011. The only gainers were Romania and Serbia.
By: Emerging Markets Direct Data from Eurostat showed that construction output in the European Union countries decreased by 6% y/y and by 1.2% q/q in the second quarter of 2012. Of the three EU member states included in this report, Slovenia and Bulgaria witnessed a drop in construction output, while production in Romania grew at its fastest annual rate in more than a year. End
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