Germany: building sector not expected to recover until 2005
Turnover forecasts confirm this trend with a 3.8% fall to 82.7 billion euro.
In spite of the positive forecasts for the second half of the year, Ignaz Walter, chairman of the German building industry association, believes that the crisis will continue until 2004.
He expects turnover to pick up again in 2005 and employment figures to stabilise in 2006.
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