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Lost Decade

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Are we richer or poorer than before the onset of the crisis?
09 December 2015

Are we richer or poorer than before the onset of the crisis?

The global financial crisis triggered a deep recession in 2008 and 2009, the deepest since the Great Recession of the early 1930s. In 2009, the EU's GDP dropped by 4.4%, and in 2014 it barely exceeded the level of 2008.
Financial crisis of 2007–2010 Great Recession European Union GDP Economic growth Lost Decade
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