Europe has passed the construction low
Growth will be hampered by the international debt crisisConstruction in Europe has declined for the fourth year in a row. The downturn is about to end this year, but there is variance by country and region. In 2011, growth was highest in Poland, but the Nordic countries also achieved good growth, while France and Germany achieved reasonable growth. In Spain, Ireland and Portugal, construction is still clearly declining. Great Britain and smaller Central and Eastern European countries are also seeing a decline.Last year, GNP grew by two per cent in Europe. In particular, growth was
