Sentence examples for circle of recession from inspiring English sources
"I support the government but I don't support an austerity program of neoliberal deregulation and privatizations which... would prolong the vicious circle of recession, poverty and misery," Lafazanis said in a statement released to the press explaining his "radical and categorical" objection to the proposal.
Greece's finance minister, Euclid Tsakalotos, said he saw "some ground for optimism" for turning "Greece's vicious circle of recession-measures-recession into one where investors have a clear runway to invest".
The Oxford educated economics professor has repeatedly said that postponement makes any plan "to escape the vicious circle of measures-recession-new measures" almost impossible.
The Eurogroup president, Jeroen Dijsselbloem, said the agreement was a major breakthrough, while the Greek finance minister, Euclid Tsakalotos, said it would help end the country's vicious circle of austerity and recession.
"Our priority is to conduct new negotiations with our partners with the aim of reaching a fair, viable and mutually beneficial solution," insisted Tsipras, at 40 the country's youngest postwar leader, "so that the country exits the vicious circle of excessive debt and recession".
"Our priority is also a new negotiation with our partners, seeking to reach a fair, viable and mutually beneficial solution so that the country exits the vicious circle of excessive debt and recession," he said.
Predictions of recession are rare.
The Economy: Odds of Recession?
Japan's economy breaks out of recession.
Europe is on the brink of recession.
