====== Recession of 2013 ======

<data story>
Description [wiki]       : 
Image [image]            : 
Forum [forum]*           : 100#15000, 100#15244, 1717, 1940, 100#19876
Type*                    : Politics, Economy
Characters [ref]*        : 
Factions [ref]*          : Union
Locations [ref]*         : Mirda
Start Date [date]        : 2013-11-11
End Date [date]          : 2014-05-05
Related Stories [ref]*   : Mandalorian War, Electoral Period 121-140
Story Teller [ref::user] : Mercury
</data>

<data faction_reward #Reward>
Story [ref]: [[]]
Faction [ref]*: Astai Republic, Astrian Colonial Authority, Hiocan Society, Praetorian Empire, Sundarian Federation, Teprogrenaian Consensus, Unified Republic of Darya, Veolian Commonwealth
Influence: 1
</data>


<inline ooc-note>This story's economic event is discussed in {([forum]:1710)}</inline>

In (:turn) 128, the [[Union]]'s economy dived in to regression after an increase in crime due to the [[Mandalorian War]] and a sudden surge in illegal weapons sales. The Union's [[electoral_period_121-140|cabinet at the moment]], with chancellor [[Characters~Ardios Eldrilith]] together with the minister of commerce, [[Characters~Atheos]], responded to the recession by issuing a Union-wide stimulus respons of 15000 (:tax), with larger economies receiving a larger stimulus subsidy.

The [[Factions~Veolian Commonwealth]] was the first to recover with a stimulus package being completed in (:turn) 128 by imperial decree. In (:turn) 131, most economies were already recovering from the recession through aid by the Union and several short-term loans. The [[Factions~IO Protocol]] was the last to recover, seeing the recession last until (:turn) 153.