According to the estimates of the 19 Euroconstruct institutes, of which the Ifo Institute, at the University of Munich, is the German representative, the fall expected for 2010 will amount to about 4%. Accordingly, from 2008 to 2010, the extent of construction measures will fall by about 15% to ca. €1.26 trn (in 2009 prices). Construction volume increased in only two Euroconstruct countries in 2009 – - in Poland and Switzerland. In the other 17 member countries, developments were quite mixed. Whereas the decline was quite moderate in Germany, for example, Ireland and Spain reported dramatic drops.
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