High interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe. So far, ongoing projects and a heightened focus on sustainability have prevented construction volumes from shrinking, but we’re expecting to see a steep decline begin to emerge in 2024
Climate Crisis
Bloomberg: Shell Ditches U.K. Oil Project in Win for Climate Activists
Again, governments did not stop this (Let’s here it for the oh so progressive SNP). Read here Flickr – Creative Commons Attribution-Share Alike 2.0 Generic
EU politics
France 24: Fires, tear gas as French Yellow Vests stage first Saturday protest since Notre-Dame blaze
French Yellow Vest protesters set fires Saturday along a march through Paris to drive home their message to a government they believe is ignoring the poor: rebuilding the fire-ravaged Notre Dame Cathedral isn’t the only […]
Economics
Eurostat – Euro Area: GDP declines 0.1%
In the third quarter of 2023, seasonally adjusted GDP decreased by 0.1% in the euro area and remained stable in the EU, compared with the previous quarter, according to an estimate published by Eurostat, the […]
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