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The Greek economy contracted by 5.5 percent this year, and it is projected to shrink by 3 percent next year.
And China's budget deficit is still projected to shrink this year to 2 percent of G.D.P. from 2.5 percent in 2010.
A string of corruption scandals (one, over the sale of church property, involved his closest aide) have undermined his authority.Recession looms, with the economy projected to shrink this year.
Under the White House budget proposal, discretionary spending on everything except the military is projected to shrink to its smallest share of the economy since the Eisenhower administration by the beginning of the next decade.
TOKYO — Japanese corporations are expressing growing interest in enrolling more of their managers in executive education programs overseas, acknowledging a need to make their organizations more globally oriented at a time when their home market is projected to shrink.
In addition to the steep decline in the stock market, investors have pulled tens of billions of dollars out of the country and the economy is projected to shrink this year for the first time in a decade.
Similar(42)
— The rationale behind Stanford University's $95 million project to shrink the campus football stadium is not intuitively obvious.
The new sobriety had begun to surface even before Sept. 11 as a deteriorating economy caused projects to shrink and become more tightly focused.
It is a risky second-term Conservative project to shrink the state – a lurch to the right which has left Labour as the centre-ground alternative.
Companies listed on the New York Stock Exchange, set up NASDAQ clones and started using share prices to measure a company's or manager's performance.In politics, Margaret Thatcher and Ronald Reagan were both engaged in similar projects to shrink the size of the state.
"It is a risky second-term Conservative project to shrink the state - a lurch to the right which has left Labour as the centre-ground alternative".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com