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It would have been 60% had Mr Venizelos's predecessor not slashed public investment.
Many more rooms surely would have gone empty if hotels had not slashed their rates.
They would have regained the lead if Ashley Westwood had not slashed wide after a pass by Carlos Sánchez.
The last time one saw the real Princess Anne, for example, her skirt was not slashed to the top of the thigh.
And they have not slashed prices for Hublot's watches, as they have with those of its rivals (watchmakers get only about a third of the final selling price of a watch).
Net profits at Komercni fell by 35% year-on-year, and would have been lower still had the bank not slashed its provisions against bad loans by a quarter.
Similar(49)
Why not slash deficits immediately?
"It's focusing employers on cost control, not slashing," he said.
It means not slashing the schools, hospitals and public services you rely on.
But it would be easier to calculate, and has the advantage of not slashing trade.
The spending review is about balance and responsibility not slash and burn.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com