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That sounds modest, but it marked a rapid turnaround from the 6.4% growth rate three months earlier, and points to a dramatic weakening of economic growth.
The austerity measures, which would slash public spending by $20 billion over four years, would help pay for a severe banking crisis that has depleted the country's finances and led to a dramatic weakening in the government that is likely to see Prime Minister Brian Cowen ousted from office early next year.
Where's the evidence of a dramatic weakening of job growth?
The turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for US subprime mortgages, beginning in late 2004 and extending into early 2007.
"The turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for US subprime mortgages, beginning in late 2004 and extending into early 2007".[Italics in original text.].
A similar evolution is observed for the α-methylbenzyl alcohols 7, for which an expected HB acidity increase is measured (+0.09) upon monofluorination, whereas the presence of a second fluorine atom has a dramatic weakening effect (−0.35).
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But the most dramatic weakening has been in bubble states.
Spain's dramatic weakening has not surprised most economists, but the same could not be said about a downturn French growth.
This dramatic weakening of bone architecture is surprising, says Bateman, especially because it results from a single dose of low-level radiation.
High-velocity friction experiments performed on the Hongkou outcrop clayey fault gouge showed that this rock exhibits dramatic weakening at seismic slip rates, and the steady-state frictional coefficient reduces to as low as 0.1 to 0.2 at a slip rate of 1.3 m/s (Togo et al. 2011b).
In fact, the Eurozone has been exhibiting very clear indications of falling ever deeper into a brutal recession, with all of its member economies weakening at a dramatic clip.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com