Germany's housebuilding sector faces a "confidence crisis" amid economic struggles and elevated interest rates.
Germany's housebuilding sector is facing a "confidence crisis" as the economy struggles, according to Heidelberg Materials CEO Dominik von Achten. Economic indicators have hit all-time lows, and industry leaders are uneasy due to pressures such as elevated interest rates. It is uncertain whether there will be a light at the end of the tunnel for the sector.
February 22, 2024
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