Sentences with phrase «recession hit the country»

Not exact matches

Indeed, over the period of time when Italy was in recession, the country's political scene has been nothing short of a mess, having gone from the scandal - hit tenure of billionaire businessman Silvio Berlusconi, to a technocratic government and two general elections in the space of a year.

(Its second fund, Carlyle Europe Real Estate Partners II, lost 80 percent of its value due to losses in recession - hit countries like Italy and Portugal.)

A future German inflation rate above the eurozone average could be part of a natural adjustment process as crisis - hit countries pulled themselves out of recession, the Bundesbank argued in evidence to German parliamentarians submitted on Wednesday.

After a short business recession during 1921 - 1922, the country hit its economic stride.

Entering 2009, Portugal was strongly hit by the effects of the financial crisis that was shaking the global economy, and, therefore, the country entered in a recession.

«Like the rest of the country, you were hit pretty hard by the recession.

As the second largest economy in the EU and one of the largest financial hubs in the world, the UK was one of the countries hit the hardest by the Great Recession in 2008.

Endowments for museums and universities across the country have been hit hard by the economic recession, but the Field Museum has been pushed to its financial limits in part by recent expansion projects, including the $ 65 - million Collections Resource Center, a storage and laboratory facility that opened in 2005.

REUTERS — Oct 16 — Singapore's bridal agencies are seeing slowing business as the financial crisis and a looming recession hit love in the country.

Rhode Island has been one of the states particularly hard hit by the Great Recession, and its unemployment remains one of the highest in the country.

The 2008 recession may seem like a long time ago, hitting before Barack Obama began his presidency, but public elementary, middle and high schools around the country are still feeling the pinch from it.

The Bank of Canada has pointed to the potential hazards linked to high household debt — particularly if the country were hit by a severe recession or a prolonged period of increasing unemployment.

The new generation — PS3, Xbox 360 and Wii — were riding high, while the worldwide recession from which the country has struggled to recover had yet to hit.

This coupled with a high rate of corruption as well as the economic recession that hit the country hard are explanations for the attractiveness of Nigerians for cryptocurrencies.

The recession that hit almost every corner of the globe in late 2008 impacted countries in different ways.