Sentence examples for the sharpest recession from inspiring English sources

The euphoria of unification in 1990 was followed by the sharpest recession since the second world war.

"We are at last discarding the idea that the state is more important than individual initiative".To comply with the euro area's stability-pact limit on budget deficits of 3% of GDP, Mr Durão Barroso's government imposed a string of tough austerity measures, and urged stoicism when the country then suffered the sharpest recession in Europe (see chart).

Almost immediately after the enactment of his economic and tax program in July 1981, Mr. Reagan was confronted by one of the sharpest recessions since the Great Depression.

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

But the sharp recession prevented the MTA from being able to make the capital investments the that system sorely needed.

In the sharp recession of the early 1980s, they found that job losses were split almost evenly between cyclical and structural changes.

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

Although Mexico has recovered the jobs that it lost after the sharp recession of 2009, an increasing number are in the underground economy, where workers have no protection or legal benefits.

Under the leadership of Mr. Andres from 1976 through the sharp recession of the early 1980's, Dayton Hudson grew from 400 stores to more than 1,000, and its revenues tripled to $5.6 billion.

In time, that may allow growth to resume, but only after the sharp recession which is already underway.But now, suddenly, Mr Cardoso has lost an important chunk of his economic team, in a torrid episode that has featured espionage against the government, allegations of malfeasance, and squabbling among its four-party alliance.

Their efforts clearly helped prevent the sharp recession of 2008-9 from turning into something much worse, and the Fed, the European Central Bank, the Bank of England and the Bank of Japan have all bought large amounts of government bonds to help push down interest rates.