They have devalued its Krona which allowed the economy to get on a recovery path.
"With demand recovering, it is on a recovery path, " he predicts.
Meanwhile new data suggested that economies within the euro zone were also on the path the recovery.
He backed the government's economic strategy, and said it was taking the right path to recovery.
But now, thanks to strict regulations and international co-operation, the river is on the path to recovery.
Having already lived through the downside, the only path to recovery will be to introduce a new currency.
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Through the G20, we have partnered with emerging countries to keep the world on the path of recovery.
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But decline, it turns out, is largely self-inflicted, and the path to recovery lies largely within our own hands.
The economy is clearly on a path of recovery, and any chart of any metric would suggest the same.
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In the meantime, a weaker yen gives Sony and the rest of Japan's exporters an easier path to recovery.
The time-tested path to recovery is through sounder money, lower tax rates, freer trade and tighter restraints on government expansion.
The President has made a series of decisions to take steps to get our economy jumpstarted on a path toward recovery.
The Fed after all, has shouldered the responsibility of getting us as far along the path to recovery as we have come.
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However, much more heavy lifting needs to occur in the coming months for the EU to continue on a path of recovery.
The PC chipset market seems to be on a path to recovery.
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These are hopeful signs that the unprecedented policy actions are working to stabilize the economy and put us on a path toward recovery.
The knowledge and wisdom we acquired through this long and difficult path toward recovery are valuable resources, which will help us improve future management.
Thanks to the prospect of swift inter-government cooperation and to the remarkable generosity of the American people, affected communities will chart a sound path toward recovery.
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As the housing market continues its slow and painful path to recovery, major banks have been forced to fork over billions in relief for troubled homeowners.
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As schools are given extra support to make improvements - following an agreed path to recovery - it is not expected that many of these will be closed.
"Time is of the essence for all of us in America right now, to make sure we get our economy on the straight path to recovery, " he said.
This is not really negotiable: if there is no path to recovery for these countries, either Germany has to bail them out indefinitely or the eurozone breaks apart.
Make no mistake, China will not take any action with respect to Europe until Europe itself begins to address its problems and charts a clear path to recovery.
Christine Lagarde, the new IMF boss, says this is a " dangerous phase" and while there is a path to recovery, it is narrower than three years ago.
From this, it can easily be seen how difficult it is to say with assurance whether we are on the road to recovery or on a path to serfdom.
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It explains how greater than eight percent (8%) of the U.S. labor force is unemployed (or greater) and that the path to recovery is through helping community businesses grow.
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Over the past two years, those of us in the G20 have worked together to rescue the global economy, to avert another depression, and to put us on the path to recovery.
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Even if doctors could tell which patients' livers were already on the path to recovery, they would still need to keep those patients alive long enough for the liver to return to form.
"Returning this group of sea turtles to their home waters is ... a sign that Louisiana is on the path towards recovery, " said Randy Pausina, an assistant secretary for Louisiana's office of fisheries.
Despite growing frustration with an austerity path to recovery in other troubled economies in the region, Cypriot voters have sent the message that they would rather saddle up with Brussels than fight another round.
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