economic crisis

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Noun1.economic crisis - a long-term economic state characterized by unemployment and low prices and low levels of trade and investment
crisis - an unstable situation of extreme danger or difficulty; "they went bankrupt during the economic crisis"
economic condition - the condition of the economy
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in classic literature ?
For one thing, there was the economic crisis, the million or two of men who had been out of work in the spring and summer, and were not yet all back, by any means.
Summary: Algeria's prudential management of its foreign currency assets at the height of the global economic crisis allowed it to maintain high public investments, President of the Economic and Social Council Mohamed-Seghir Babes said in Xiamen, China.
"Russia after the Global Economic Crisis" delves into the rise and development of Russia as an economic power, and how it's contending against America once more after the current economic crisis around the world settles.
The economic crisis in Bulgaria has deepened due to the wrong anti-crisis measures the government has taken, experts from the Vienna Institute for International Economic Studies have announced.
With aabudget of approximately GBP20 million (22.3 million), this scheme aims at supporting farmers in the UK who encounter difficulties as a result of the current economic crisis. Aid under this scheme can be granted until 31 December 2010 and will take the form of a direct grant.
Representative to ask if they were receiving their mandatory pay raise as of January 1, 2010, or are forgoing it as veterans will have to do because of the economic crisis facing our nation.
They reviewed issues pertaining to labor in addition to the impact of the economic crisis on the labor market.
The International Labor Organization (ILO) has sent an expert to assess the impact of the global economic crisis on labor sector in the Kingdom.
A government official said on Thursday that the economic crisis in Dubai was over.
President of the Republic of Cyprus, Demetris Christofias, has expressed optimism that the economic crisis will be dealt with successfully, noting that the government will always consult with all social partners before taking any measures which affect them, directly or indirectly.
Summary: Geneva - Morocco's Foreign Trade Minister, Abdellatif MaEozouz, stressed the importance of strengthening the coherence of different measures and instruments proposed by various international and regional organizations to overcome the economic crisis.
Cairo, 29 Sept: Richard Banks, Regional Director of the Middle East, Euromoney Foundation said that Qatar has the capacity to recover from the economic crisis during the coming period.

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