The combination of Greece's government no longer being able to float the economy by vast borrowing (Greece's budget deficit was over 15 % of GDP in 2009), tax increases, spending cuts, and unimplemented market reforms has led to five
straight years of recession.
Not exact matches
The
year is shaping up to be the sixth
straight of worse - than - before - the - Great -
Recession economic conditions for small companies.
Critics hammered McDonald's executives not only for offering unhealthful menu items but also for marketing fast food to kids with its Ronald McDonald character and Happy Meal toys, all while the company boasts
of eight
straight years of sales growth despite a deep economic
recession.
That's driven 23
straight years of dividend growth — including
straight through the Great
Recession!
Earlier this
year, the economy fell into the technical definition
of a
recession after it recoiled for two
straight quarters.
Its ROE (return on equity) is outstanding, and the company has been delivering great ROEs for more than 10
years, including
straight through the Great
Recession of 2007 - 2009.
2013 bankruptcy filings continue decline — 2013 is on track to be the third
straight year of reduced filings since 2010, when the aftermath
of the
recession pushed personal bankruptcies to about 1.53 million... (See Bankruptcy)
He said the good news is that the economy is in no danger
of a
recession; however, this
year will likely mark nine
straight years of subpar growth
of less than the historical average
of 3 percent.»