"Austerity measures” are actions taken by a government to reduce their spending and save money. These measures often involve cutting or limiting financial support for things like public services, welfare programs, and infrastructure projects. They are usually implemented during a financial crisis or when a country is facing a budget deficit.
Full definition
So it is not correct to say that arsenal were never in the title race during the period
of austerity measures.
It may be questionable which effect
austerity measures imposed on crisis - hit states can have on social cohesion and sustainable growth.
In a country that has imposed tough spending controls and
austerity measures on all government departments, investing in the future means getting at the end of a very long line.
In response to its ongoing debt crisis, the Greek government is preparing to
implement austerity measures aimed at helping the country regain its financial footing.
More austerity measures further contract the economy, driving down tax revenues and making it even harder to pay back the debt.
This dress immediately seemed to just go with my wardrobe and it was a lovely treat, especially considering my
new austerity measures.
Further austerity measures agreed at the cabinet meeting include new consumer tax increases and fresh public sector spending cuts.
With the global economy continuing to struggle and some nations considering
strict austerity measures to deal with their rising debt, there is a strong desire to change the international tax system.
Given that other parts of the public sector are facing
deep austerity measures, schools have been urged to think of themselves as fortunate for avoiding cuts.
Unlike austerity measures, which are typically imposed from outside the service sector, court delay needs to be tackled from within.
It further looks at the position of artist vis a vis market forces, the future of art education and artistic practices in light
of austerity measures.
The bankrupt island's federal oversight board certified plans that include cuts to pensions and
other austerity measures.
While citizens in other parts of Europe have been raging
against austerity measures brought on by out - of - control sovereign debt, the Brits greeted the toughest spending cuts to come out of London since the Second World War with little more than stiff upper lips.
He has slashed the state budget, frozen government contracts and reduced the pay of civil employees, all part of drastic
austerity measures as the Kingdom of Saudi Arabia is buffeted by low oil prices.
The agreement paves the way for a $ 95 billion financial rescue that includes
austerity measures such as tax increases and spending cuts that were approved by the Greek Parliament on Friday despite heavy opposition from Greek Prime Minister Alexis Tsipras» own political party.
Sources last night said that the prime minister had discussed the
tough austerity measures with US President Barack Obama.
I think the main task for labour is to convince people of the economic case for their plans to increase spending and why
austerity measures need to be less and how this relates to the national debt.
«Portugal has been living
through austerity measures since 2010, when the first cuts and progression stalls started in the public sector.
Health systems in many parts of Europe have been hit by
austerity measures put in place after the 2007 financial crisis.
Mr. Schäuble made his remarks in a radio interview hours after the Greek Parliament voted reluctantly to approve the first set of
austerity measures demanded by its European creditors in return for a chance to negotiate the new bailout package, its third in five years.
Just hours before the Greek parliament's crucial vote to push through fresh
austerity measures required by the new bailout plan, the International Monetary Fund released a devastating assessment of the beleagured nation's finances.
Bank economists praised the budget plan as feasible, but said if the economy worsened the government should be wary of more extreme
austerity measures like those that have hammered growth in the United Kingdom and elsewhere.
Opposition conservatives reached the power - sharing agreement with the majority Socialist Pasok party in November after parliamentary opposition to
austerity measures brought the previous government of Socialist Prime Minister George Papandreou to the brink of collapse.
Spain's prime minister announced
fresh austerity measures worth $ 79.62 billion in an effort to meet new deficit targets agreed with euro - zone partners.
Global brewer Heineken has produced a strong first half performance but remains cautious on the development of beer consumption in Europe and the US due to continued weak consumer spending and
planned austerity measures across many countries.
Phrases with «austerity measures»