Translation of "Wirtschaftseinbruch" in English

And more, the collapse of the financial sector will lead to a serious economic downturn.

However, the general economic depression following 9/11 finally forced the company into bankruptcy.

A lot of things are now attributed to 11 September and to the economic downturn in the USA.

Those changes should also be phased in gradually to protect beneficiaries and avoid an economic downturn.

The lack of money, combined with America’s insistence on flawed ideas about how to respond to the crisis, caused the downturn to be far deeper and longer than it should have been.

The economic free fall that was found in the original investigation and led to the imposition of definitive anti-dumping measures has been halted as the continuous loss of market share, profitability and employment came to end.

At the same time, the depth of the contraction in the economy that can now be expected makes the achievement of the initial deficit reduction path unfeasible.

Looks like the project's been in limbo since the economy crashed, but all the houses are still there unoccupied.

The term 'conversion' and one that is the subject of today has an important meaning - it implies to me a 'proactive' activity - one that can take place prior to an economic shock occurring.

In Asia itself, while currencies and financial markets have gradually stabilised in recent months, contractions in economic activity have been signifi­cantly larger than originally expected.

If a worldwide economic downturn occurs there will be a disproportionately deep slump in Germany compared to other countries.

However, we pointed out long ago how the bourgeois economists have repeatedly changed the terminology describing an economic slump in order to make it appear less serious than it is.

The economical crisis did not spare the Sigmarszell company though, and the search for alternatives had to be started.

In turn, the Euro crisis massively affected the economic downturn in the Mediterranean countries, while the northern countries are hardly affected.

As a result, we managed to avoid a prolonged deflationary economic slump reminiscent of the Great Depression of the early 1930s.

There was no lack of warnings of a big economic crash and the top rating of Belgian debt was endangered.

Although four years have passed since the global market and economic slump, the consequences on personal financial assets have yet to be digested in full.

Among other things, the test simulated an economic downturn of a cumulative -3.3% over the three-year period to 2020 for Germany (2016: -1.4%).

Since the integration into the EU in 2004 the economical development of this country has been tremendous. The forecast for the time after the current financial crisis is very optimistic so it can be announced that the economy will start to grow again.

This economic downturn to a level we had years ago, proceeds internationally in all important industrial countries relatively simultaneously and abruptly, and not in a staggered and dampened way like the world economic crises we have had since the Second World War.

Heise: "With an economic revival under way, below-average capacity utilization, easing consolidation pressure and adjustment successes in the private sector and on the external trade front, we believe that the euro area is very unlikely to be hit by another economic slump.

Amid growing signs of a renewed economic slump, the ruling elite is going on the offensive in every country.

If the EU breaks up it would open the door to currency wars, competitive devaluations and trade wars that would set the scene for a deep slump with catastrophic effects on a world scale.

The participants agreed that the crisis in the national labour markets had only just begun and that the collapse of the economy in the past 6 months had been alarming.

According to the new DSGE model developed by the Cologne Institute for Economic Research (IW Köln) the severe downturn in the German economy was triggered by both declining foreign demand and a drop in productivity.