General view of Moscow's flagship business center Moscow City seen in Moscow, Friday, Nov. 21, 2008. Europe's would-be tallest building has fallen the victim of the global financial crisis as a Russian developer said Friday it had halted construction of The Russia Tower in Moscow, a Russian news agency reported. The foundation for The Russia Tower, designed by Lord Norman Foster, was laid in 2007 when construction in Russia was booming. The 600-meter tower was expected to be Europe's tallest building and the second tallest building in the world.