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Is that universally true? Ireland, Portugal and Spain were hit hard too by the financial crisis, but they are making a recovery.
by MrBuddyCasino 11y ago
Is that universally true? Ireland, Portugal and Spain were hit hard too by the financial crisis, but they are making a recovery.
- rtpg 11y agoGoogling about this to confirm things made me find this pretty neat public data graph tool from google https://www.google.co.jp/publicdata/explore?ds=z8o7pt6rd5uqa6_&met_y=unemployment_rate&idim=country:es:el:it&hl=en&dl=en#!ctype=l&strail=false&bcs=d&nselm=h&met_y=unemployment_rate&fdim_y=seasonality:sa&scale_y=lin&ind_y=false&rdim=country_group&idim=country:es:el:it:fr:de:ie:pt&ifdim=country_group&hl=en_US&dl=en&ind=false https://www.google.co.jp/publicdata/explore?ds=z8o7pt6rd5uqa... Basically Spain and Greece are in a different category from the rest of the EU (at least w.r.t. unemployment). Spain is recovering like Greece is, though Greece is suffering more from the precarity of their initial situation. But Spain is still at 22% unemployment Spain is also seeing negative GDP growth since the start of the recession, and isn't expected to hit positive GDP growth until 2018 at the earliest.
- MrBuddyCasino 11y agoInteresting, even when including Latvia/Lithuania/Estonia, Greece and Spain are still outliers. This will be interesting.