Monthly indicators also suggest that the rate of economic contraction is slowing.

每个月的数据体现出经济紧缩的速度在慢慢的减缓。

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It is difficult to see how the cycle of austerity, economic contraction, contagion, and financial retrenchment can be broken without the promise of substantial ECB support for sovereign debts.

如果欧洲央行不为这些主权债务提供实质上的支持，我们很难看到如何打破这一轮严酷的经济收缩，金融风暴，以及财政紧缩的循环。

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IATA says air carriers in both India and China had reported heavy financial losses, because of the global economic downturn and contraction of global export markets.

国际航空运输协会表示，因为全球经济低迷和全球出口市场紧缩，印度和中国的航空公司都报告说亏损严重。

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It should be enough to keep the economic contraction down to 4 quarters of misery.

FORBES: Magazine Article

And that would have saved the Fed from actually needing to intervene very much to offset the economic contraction.

FORBES: Central Banks Are Never "Out of Ammunition"

"It has started taking a more realistic view, given the depth of the economic contraction, " says World Bank economist Kawai Masahiro.

CNN: FROM BAD TO WORSE