Sentence examples for widespread recession from inspiring English sources

PARIS — Europe slipped deeper into a widespread recession, according to data released Wednesday.

IN THE 1930s widespread recession became world depression only after countries retreated behind tariff walls and trade collapsed.

The industrialized world is afraid of new financial commitments at a time of slow growth and widespread recession.

Investors are worried that a widespread recession will prompt corporate bankruptcies (and thus bond defaults) and a sharp fall in profits (hitting equities).

Unlike many banking crises, she adds, "this one was not triggered by a war, a widespread recession, or any external economic shock".

"The European economy is in the midst of its deepest and most widespread recession in the postwar era," said Joaquín Almunia, the commissioner for monetary affairs.

The European debt crisis and widespread regional recession have sapped the buying power of middle-class Europeans who should be Ford's best customers.

Still, it may be years before the first building is erected, given the recession, widespread layoffs and hundreds of stalled residential projects in the city.

A snapshot of more than 1,200 chief executives from 69 countries found that fears of a double dip recession, widespread in early 2010, had eased significantly.

Ms. Howard of the National Association of State Budget Officers said that even without a recession, widespread fiscal problems were inevitable, paricularly because of spending on health care and prisons.

Officials of the companies and Mr. Domingo's supporters reject the notion that Mr. Domingo's busy schedule detracts from running the companies, and point out that the financial problems at arts institutions are widespread in the recession.