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But Italy fell into another recession, shrinking by another 0.1%.
Yet most analysts see GDP shrinking by 1.5% this year.
Russia's population is shrinking by 700,000 a year.
"Lately, it hasn't been subtle — I mean, they've been shrinking by noticeable amounts".
In recent years, it has been shrinking by much more than half.
Indeed, GE, the longest-lasting conglomerate, is shrinking by lopping off its financial arm.
The latest data shows that GDP is shrinking by 4.2% annually.
After shrinking by 3% last year, the economy will expand by perhaps 0.5% this year.
By one estimate, revenues at the top firms are shrinking by 10% a year.
Revenues in an already emaciated city budget were shrinking by millions of dollars.
Credit is shrinking by about 7% year on year (see chart).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com