FIEC optimistic over market activity

摘要

According to the European Construction Industry Federation, FIEC, there is light at the end of the tunnel in terms of market activity. FIEC estimates a decline of 2.3% in overall EU construction activity in 2013 but forecasts stabilisation in 2014 with market gains of 0.1 % expected overall. "There can be no growth without investment" warned FIEC vice president Jacques Huillard, responsible for economic issues. He presented FIEC's annual statistics prior to the FIEC's Congress. "The policy of austerity which has been in favour for the last few years has done enormous damage both to the real economy in general and to the construction sector in particular," Huillard continued.