Sentences with phrase «austerity measures enacted»

Austerity measures enacted in response to Italy's debt crisis will raise the retirement age to 66 by 2018.

Not exact matches

Some big ones are: (a) whether the draft PROMESA legislation raises retroactivity issues that make it unfair to bondholders (including mutual funds and their investors) who may be subject to restructuring ex post without having had notice of that possibility ex ante; (b) relatedly, whether creating a bankruptcy - like restructuring process for Puerto Rico is bad for bondholders because it prevents holdout creditors from holding up restructuring negotiations, (c) how much oversight and sovereignty Puerto Rico should cede (for example, different stakeholders feel differently about the installation of an oversight board); (d) the extent to which austerity measures are feasible and should be imposed [fn1], and (d) and what substantive reforms should be put enacted going forward.

Many leaders in the country are unwilling to do so because of the attached austerity measures the country must enact.

It's tough to argue that the Euro region wasn't going to have to enact austerity measures eventually to ensure long - term -LSB-...]

It's tough to argue that the Euro region wasn't going to have to enact austerity measures eventually to ensure long - term viability, but by tightening the spigot, history dictates that economic growth suffers in the near - term.

Greece is currently enacting a set of controversial austerity measures and other financial reforms after reaching a $ 157 billion economic rescue accord in late July with European leaders.