Europe's Building Firms Caught Amid Rising Debt, Falling Profits
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It was good while it lasted for Europe’s construction companies. The state kept them in work with a steady supply of contracts, local banks provided the financing and profits rose. Then came the financial crisis and the longest recession of the postwar era leaving states unable to spend and banks unwilling to lend. Much of the once-thriving industry has been pushed to the brink.
Here is a list of some of the companies under pressure: