The banking crisis has to a considerable extent caused the fiscal crisis.
These imbalances, closely related to the financial sector, suggested that the output growth we were observing at that time was not sustainable, and, in fact, the crisis implied a considerable correction.
In addition, the Greek fiscal crisis has generated a considerable flight to quality that has pushed down yields on U.S. Treasury securities.
In the wake of the financial crisis — and to a considerable extent even now — to watch business news on TV, especially on Fox, was to see a lot of talking heads touting gold, not to mention many, many ads from the likes of Goldline.
PARIS — The global financial and economic crisis led to a "considerable slowdown" in the growth of real wages in the West last year, while accentuating gaps between the highest and lowest earners in many countries, according to a United Nations report released on Wednesday.
"The global economic crisis has had a considerable impact in the financial health of the game in this country, with league reconstruction at the top of the agenda".
The fact that the impulse response function stays significantly positive can be interpreted as tentative evidence of a considerable long-run effect of the crisis on unemployment (i.e. permanent outward shift of the Beveridge curve).
"However, to secure a diet sufficient in both quantity and quality is no easy task in a country where a food crisis already poses a considerable challenge".
A report also found that a forceful eviction could lead to a "considerable destabilisation with depressive or suicidal crises".
Britain's economic recovery will be much slower than previously expected and output is unlikely to return to pre-crisis levels for a "considerable period", Bank of England governor Mervyn King said today.
