Word: recessionã
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Though Greece has historically had high levels of debt compared to its general economic productivity—a situation only exacerbated by the ongoing financial recession??Harvard professors suggest that its economy is likely to stabilize to pre-recession levels over the coming years...
...rgios Papandréou assumed the office of Prime Minister in October 2009, he revealed that the deficit was much greater than expected—four times greater than the EU cap, Einaudi said. Soon after this announcement, rating agencies—on edge as a result of the recession??began downgrading Greek’s credit rating. Currently, Greek credit is trading at junk level: the lowest credit rating possible...
Other factors contributing to the increase in enrollment include the “great recession?? and an all-time high in the number of high school graduates—not to mention that the upswing continues a long-term trend, according to Richard A. Fry, a senior researcher at the center and the author of the study, which evaluated data from the U.S. Census Bureau...
It’s no secret that Harvard has been struggling financially due to the recession??University Hall’s endowment woes (and resulting budget cuts) have come under constant scrutiny not only by The Crimson, but also by national newspapers such as The Boston Globe and The New York Times. But just in case you’ve been living under a rock for the past few months, FM has gathered some stats on the recession??s effects on Harvard, ranging from the obvious to the surprising to the potentially infuriating. Just remember: regardless...
...economic downturns, law firms have come to expect litigation activity to increase even while transactions decrease in a recession. But the magnitude of this recession??the worst since the Great Depression—has nullified this conventional wisdom, leaving firms scrambling to cope...