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.
But, as Jacob Kierkegaard of the Peterson Institute writes in «The ECB: Using a Crisis to Maximize Leverage,» the ECB wants peripheral members of the EU to first convincingly demonstrate they are undertaking
the austerity measures needed to put their fiscal houses in order.
Not exact matches
The debt - plagued country's government resigned after opposition parties failed to pass much -
needed austerity measures, increasing the likelihood of a bailout.
The Spanish government has been noteworthy in its pursuit of well - directed actions to address Spain's debt and banking - system problems, and the Spanish public has demonstrated an understanding of the
need for
austerity and reform
measures.
Not that other leaders would disagree with the
need to keep the recovery going, but debt - burdened European governments are on the cutback trail, with harsh
austerity measures aimed at putting their fiscal houses in order.
Then, during the weekend, the citizens of Greece voted to reject the
austerity measures which would have granted the nation - state the bailout funds
needed to stay afloat.
This is what will ultimately be
needed for the Greek economy to start going again as there is widespread consensus that the country will not be able to pay off its debts, no matter how hard the
austerity measures.
... Nicaragua's early progress in curbing imports, raising grain production, and other reform and
austerity measures were undermined badly by new
needs for foreign borrowing imposed by the burgeoning defense burden....
According to early reports, this Memorandum cover the Greece's financing
needs for the next three years, but will require the harshest set of
austerity measures of the three fiscal adjustment programmes to date.
Chris Keates, General Secretary of the NASUWT, said: «This research shows that once again the casualties of the Coalition Government's education reforms and
austerity measures are the children and young people that
need the most support.
At the same time, these powers will not give the Scottish parliament the power to defend itself against Westminster
austerity measures, and certainly not the full control over macroeconomic policy it would
need to tackle poverty, inequality and other significant social policy challenges.
At a time where applying
austerity measures seems to be the new norm, courts, like all other public institutions, are in dire
need of identifying cost - cutting
measures that won't negatively impact citizens» rights, and ODR could be one such
measure.
Unlike
austerity measures, which are typically imposed from outside the service sector, court delay
needs to be tackled from within.