Notícias Forex

Notícias Forex

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The European recession is part of the Great Recession, which began inside the United States. The crisis spread to Europe rapidly and affected much of the region with several countries already in recession as of February 2009, and most others suffering marked economic setbacks. GDP contracts quarter on quarter, through minimum two consecutive quarters. 2009, a total of 59 out of 71 countries were simultaneously in recession.