As of 2013, some countries in Europe were suffering greater unemployment than they did during the Great Depression of the 1930s. The Gross domestic product has been shrinking faster than some European nations can cut spending. Europe's financial crisis shows every sign of getting worse, not better. While called a recession by some government officials, economists are already calling it a depression. As European countries are locked into the Euro they cannot devalue their own currency to adjust their economies. This means they cannot lower the price of their exports to make them more attractive and so cannot achieve a balance of trade.