Oscar Valdivielso

Oscar Valdivielso

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The Phoenix and the Building Sector in Euskadi

Just like the mythological phoenix bird, the Basque construction sector intends to rise up from the ashes and renew itself. For months now, the sector has been facing a critical situation with a general drop in activity as a result of both, the recession, and, an increase in foreign competition. Company shutdowns, employee lay-offs, receivership proceedings, and a mad and reckless scramble for new markets; so bleak is the panorama,…
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