Sentence examples for sharp recession in the from inspiring English sources

BELGIUM After a sharp recession in the early 1990s, Belgium's recovery now appears to be safely under way, according to the latest country report by the OECD.

This reduces the overall level of consumption with further negative consequences for overall output.The result was a rollercoaster ride: a sharp recession in the early 1980s, followed by a recovery when some of the reforms were reversed in the 1981 budget.

Investors also continued to digest more economic data pointing to a sharp recession in the continent.

The last really sharp recession in the United States was from 1981 to 1982, when real output fell by more than 4% below trend, and the unemployment rate rose to over 10%.

Buffeted by the global economic crisis, the economy dropped into a sharp recession in the final months of 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus.

THE public finances and inflation are well under control, the current-account deficit is less than 2% of GDP and, after a sharp recession in 1999, the economy is growing steadily again.

The only postwar stretch that even compares was the sharp recession in 1948-49, whemploymentent fell by about five per cent.

The sharp recession in Asian economies beginning in 1997 brought about a collapse of oil prices.

The turmoil of the 20th century, the years of stagnation that followed German reunification and then a sharp recession in 2009 have taught Mittelstand companies to be prepared for the worst.

Although Athens has clinched a new €86bn (£60bailoutlout package, Moody's has forecast a "sharp recession" in Greece, as "capital controls, heightened risk of exit from the euro area in June and July and now lack of visibility about the policy and economic environment put spending on hold".

Russia's sharp recession in 2008-09 washockhock.