Over the course of 2008 and 2009, the world economy experienced one of the most serious recessions in modern times. In July 2009, 22 million men and women were unemployed throughout Europe, five million more than a year previously. Moreover, the situation may well still have further to play out:...

This report from the European Restructuring Monitor (ERM) looks at recent developments in the construction sector in different European countries. It highlights the way in which the sector is being affected by the current downturn, and how companies have responded to the crisis. The study also...