Moscow is set to host Europe's tallest skyscraper after the Russian firm Mirax Group signed a contract with Chinese builders on Monday (25 July).
The investment creates a stark contrast with the EU's construction sector however, which is struggling to emerge from a 10-year long recession.
"Russia feels itself as the midpoint of Europe and Asia", one of the building's architects Sergei Tchoban told EUobserver. "The wish of Moscow is to be seen as a world class metropolis and fin...
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Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.