"But a look at the history of record-breaking skyscrapers and business cycles suggests otherwise -- the opening of every single "world's tallest" building in the past century has coincided with an economic downturn."
This mid-November 2009 announcements coincides with this idea:
"Preparations for the construction of a 160-meter-high building have been launched downtown Kyiv, Gazeta-po-Kievski says.
A geological study is proceeding in the European Square, where the European Plaza Kiev 48-floor complex will be built. Luxury class offices, a five-star hotel with 200 suites and over 40 apartments (presumably on the top floors) will be situated in the 180,000-square-meter building. The complex must be commissioned in 2012. Currently Kyiv's highest building is office complex Parus, 33-floor and 2136-meter-high, at the crossroads of Lesi Ukrainky Boulevard and Mechnikova Street."
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