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Failure to pass crisis legislation could hit housing hard, says exec
Journal Staff Report

KIEV, Nov. 11 – If the Ukrainian government fails to pass anti-crisis measures aimed at stabilizing the construction sector, this will lead to an as much as two-thirds reduction in new housing starts by 2010, says Volodymyr Poliachenko, MP, president of the Construction Chamber of Ukraine and honorary President of Kyivmiskbud Holding.

"The construction sector, the housing market in particular, has never faced such a threat before," he told Interfax-Ukraine in an interview.




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