Niechoj, Torsten; van Treeck, Till - In: Intervention. European Journal of Economics and … 08 (2011) 2, pp. 245-266
growth of 4.7 per cent of GDP. By mid-2010, however, it seemed that the disastrous effects of the financial market crisis …First paragraph: The recession of 2009 following the financial market crisis of 2008 was severe, especially in Europe … declined by 4.1 per cent (IMK/OFCE/WIFO 2011). The export-oriented German economy had to face a relatively strong negative …