Sentences with phrase «austerity packages on»

The EU has imposed austerity packages on its own member states forcing privatisation, welfare cuts and unemployment.

«Opposition parties reject his latest austerity package on the grounds that the belt - tightening agreed in return for a $ 110bn ($ 155bn) bail - out is choking the life out of the economy.»

Not exact matches

Tsipras is campaigning for a no vote in the referendum on Sunday, which is officially on whether to accept a tough earlier bailout offer, to impress on EU negotiators that spiralling poverty and a collapse in everyday business activity across Greece has meant further austerity should be ruled out of any new rescue package.

The «Merkozy» tandem admitted in trenchant terms that Greece could leave the euro — that Greece had to choose between leaving the eurozone, and going along with the «rescue and austerity» package (painfully and inadequately stitched together at the eurozone Brussels summit on 26/27 October).

Ending what has been a tumultuous six - month long negotiation process, last week the Greek Parliament approved the first package of austerity measures required by Greece's creditors as part of the «Greekment» reached in the early morning hours of 13 July 2015 in order to initiate talks on a Third Fiscal Adjustment Programme (or «Memorandum») and avoid Greece's expulsion from the Eurozone.

Labour's poll ratings are bouncing around on a par with the Conservatives, a party whose populist programme includes a 1930s austerity package, the effective abolition of the NHS and the early release of some of the nation's most brutal sexual predators.

They will want gains on their 2008 status, especially against an unpopular government implementing an austerity package.

Even though United Nations (UN) independent expert on foreign debt and human rights, Cephas Lumina had warned that the introduction of a second austerity package could constitute a serious violation against the Greeks» human rights, this did not stop the government from going forward (OHCHR, 2011) A massive wave of protests and riots full of anger and desperation erupted within the country condemning Papandreou's policies and the austerity measures.

The Greek parliament has voted narrowly in favour of a package of austerity measures aimed at preventing the nation from defaulting on its debts.

In 2010 and 2012, Greece agreed with its Eurozone partners and the IMF to accept two large bailout packages conditioned on the fulfilment of far - reaching, austerity - oriented reforms.