Sentences with phrase «austerity plans»

The risk is that the cost of borrowing money from bond investors for the highly indebted countries will rise substantially, offsetting any improvements they can make in their budget outlook by way of higher taxes or pushing through austerity plans.
But the recommendations, released today, come as the Australian government is reportedly considering a freeze on research grants as part of austerity plans.
Next week Ed Miliband marks his first year as Labour's leader as supporters of the party look to him and Ed Balls to articulate an alternative to the government's austerity plans.
He plans to present this as a «prosperity plan» tonight in contrast to the austerity plans being proposed by other candidates.
«Ahead of next week's Budget, today's unemployment figures serve as yet another reminder that the UK government's austerity plans are simply not working.
Since forming the coalition in 2010 the coalition has been forced to accept its already harsh austerity plans will have to be extended long beyond 2015.
What's now the difference between Labour and Tory austerity plans except that Labour will supposedly take one more year to get there?
This is Britain's version of groundhog day: every time George Osborne updates us on the state of his austerity plans, we're told there are five years to go until the misery is over.
The troika (of the IMF, European Commission and European Central Bank) overseeing the conditions for, and implementation of, Greece's bail - out programme expect ongoing austerity plans to be observed.
That is the basic folly which underlies IMF austerity plans and neoliberal Chicago planning generally.
The Liberals have proposed an austerity plan that would find $ 1.3 billion in spending cuts in their first two years in office.
To try and secure the deal, the government announced an austerity plan to raise taxes and slash US$ 20 billion in public spending — including cuts to social welfare and public jobs, and a lowering of the minimum wage.
Companies that actually use raw materials and consumers that buy products are being squeezed, by a combination of debt service and a financial austerity plan — while Wall Street and speculators are being enabled to make a killing.
So, you heard on Monday, Mr. Papandreou said: «We're going to have a referendum on whether to go along with the austerity plan or not.»
Either it means that other members of his party — the finance minister, who is against the referendum — will come in and not hold a referendum at all, and try to keep Greece on the austerity plan, or there will be a fall in the government, a no - confidence vote, and people will presumably vote for the Conservative Party, which is very much like the Republican Party in the United States.
«If they went along with the existing austerity plan, it will take a hell of a lot longer for them to recover, if not making it impossible.»
«But step one is: get rid of the debt, and get rid of the austerity plan
Should Greek voters reject the austerity plan, it could lead to a messy default on the country's debt that would likely cause massive losses for banks that hold Greek bonds - and possibly spark a wider financial crisis that could send Europe into recession.
Unless Burnham can navigate an acceptable compromise with the Hillsborough families he is deeply loyal to and the Sun, his messages about championing the NHS and delivering a fairer austerity plan may never get a fair hearing in Britain's biggest newspaper.
But the failure of the Government's austerity plan means that the next Labour government is likely to inherit a deficit that still needs to be reduced.
That was the Irish Minister of Finance last December, telling the Irish Parliament that his austerity plan was working, just four months before they slid back into recession.
The party has been united over the past 18 months in arguing that the Tories» austerity plan is economically dangerous.
«I look across at the business secretary sitting there and I just can't bear to read out again all those pre-election quotes - the ones where he warned the chancellor's austerity plan would choke off the recovery and make the deficit worse,» he said.
Miliband argues the party has been united over «arguing that the Tories» austerity plan is economically dangerous», so it would be interesting to know how far he feels a softer austerity should go under Labour.
«This year Cuomo said, «You can't put me on your line unless you endorse the austerity plan,»» Hawkins said.
To protect taxpayers and preserve Oneida County's hard - won fiscal stability, Oneida County Executive Anthony J. Picente, Jr., today announced an Oneida County Government Austerity Plan that will severely limit spending.
The government's only possible rationale for this is to reduce the overall teachers» pay bill as part of its austerity plan.
The reason utilities have traditionally been viewed as a safe haven for risk averse investors is that while people may buy fewer iPhones or designer jeans in a downturn, they still need the lights on, even with the prospect of a US Austerity Plan perhaps akin to what Europe is seeing now.
«The key is to prioritize your expenses and remember this austerity plan is just temporary,» says Sheila Walkington, co-founder of Money Coaches Canada in Vancouver.
Germany's Chancellor Merkel has presented an austerity plan that includes an eco-tax on air travel.
The austerity plan from 1 April 2012 is to restrict the opening of public counters at all county courts and Family Proceedings Centres...

Not exact matches

Investors in the PFC will now prepare to negotiate a restructuring plan — they will likely push for the government to take on austerity measures like cutting costs and raising taxes.
The bankrupt island's federal oversight board certified plans that include cuts to pensions and other austerity measures.
So rather than stabilizing the economy «austerity» should be seen as a destabilization plan.
According to polls, most Greeks are opposed to the bailout plan, and there have been protests across the country against deepening austerity.
During this period the Government of Alberta introduced a $ 15 minimum wage; appointed a gender - balanced Cabinet; replaced a system of regressive flat taxes with a progressive income tax system; laid out a responsible fiscal plan that rejected austerity; implemented an ambitious jobs plan; reformed the royalty system; ended predatory lending practices while strengthening the credit union system and ATB, Alberta's publicly - owned bank; and implemented a climate change leadership plan — among many other important reforms.
THESSALONIKI, Greece (AP)-- Greece's prime minister promised Saturday to deliver economic growth to a country hammered by years of economic hardship, as thousands gathered in protest at more planned austerity measures.
ATHENS, Greece (AP)-- Greece's parliament has approved plans to lower the voting age by a year to 17 and adopt a proportional representation system, after years of economic austerity have hammered popular support for traditionally dominant political...
Low oil prices are taking a heavy toll on Saudi Arabia's economy, which is facing even greater austerity under deputy crown prince Mohammad bin Salman Al Saud's plans to raise $ 100 billion a year from subsidy cuts and new levies.
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.
However, the beer market in Europe is likely to remain weak due to constrained consumer spending and planned austerity measures across many countries.
«The data so far this year raise a concern that, rather than reducing the public debt, the deficit reduction plans could be having the opposite effect because higher tax rates and austerity measures are causing economic growth to be weaker than expected.»
«The UK government will effectively be asking taxpayers to pay a Westminster premium to crowbar a modern parliament into a Victorian building at a time of austerity when Tory policy is hitting some of the poorest in society, and political uncertainty when this UK government has no plan for the UK outside the European Union.»
Despite rising threats and an uncertain world, there is increasing concern that UK's planned strategic defence review in 2015 will be bleak indeed for the defence sector and especially those on the front line as austerity bites deeper.
This is unlikely to make them very receptive to accepting the need for more austerity - as the Lib Dems and Conservatives have been forced to - by offering joint spending plans to 2017/18.
George Osborne's omnishambles budget saw him ease up on austerity and commit the government to the Darling plan, something Miliband jumped on with alacrity.
The plan means a two - year freeze on benefits and tax credits for about 10m households, many of whom have already borne the brunt of austerity.
I will take every opportunity to set out my ideas for a radical Labour Party that can replace failed Tory austerity with a plan for prosperity.»
His plans to ensure a future Labour government would make the economy work for everyone, not just the top one per cent, was a refreshing change to the austerity - lite that Labour had previously offered.
The chancellor, George Osborne, certainly plans more austerity, hoping to achieve a budget surplus and a rapidly declining debt - to - GDP ratio by the end of the decade (four years later than he originally predicted).
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