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ARACO: Romania's construction sector is in technical recession

Romania's construction sector is in technical recession, the accomplished output being 9.37 billion euro last year, a similar level to the one recorded in the period from 2011 to 2013, declared President of the Romanian Construction Entrepreneurs' Association (ARACO), Laurentiu Plosceanu. "Eurostat unfortunately confirmed in December, the Romanian construction sector's re-entering technical recession. It is regrettable that the pace of Romania's economic ...

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