Sentences with phrase «by years of austerity»

Fatigued by years of austerity and swayed by promises of debt relief, Icelandic voters dumped the Social Democrats from power on Saturday, returning a center - right government that ruled over its financial collapse five years ago.

Not exact matches

Austerity measures imposed earlier this year include $ 65 billion ($ 80 billion) in spending cuts and tax increases by the end of 2014.

Already in Brazil, the region's biggest economy, President Dilma Rousseff is starting to roll out a more conservative message of austerity, including cuts in unemployment and welfare benefits, to tame a record budget deficit widened by the biggest economic slowdown in 25 years.

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

Five years of failed austerity policies in Greece and a total breakdown in trust between the leftwing Syriza alliance and the political leaders of its creditors climaxed in a national vote in which Greeks said no to the spending cuts and tax increases demanded by its lenders...

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...

If we compare operating spending by municipalities to GDP, which is a broad measure of ability to pay, it remains within historical averages of close to 3 % of GDP.  In 2012, operating spending by all municipalities in Canada amounted to just 3.1 % of GDP, the same that it was twenty years ago, and down from the 3.3 % reached in 2009 during the depths of the recession.  This ratio was higher during the recession because GDP had dropped and governments sensibly embarked on stimulus spending to prevent a depression. This was before their misguided adventures in austerity (which presumably the CFIB supports, but have caused devastation to small businesses in countries elsewhere).

The agreement implied austerity measures and included the extension of the repayment period to 15 years, the lowering of the interest rate to 3.5 % and a 53.5 % haircut accepted by the private bondholders.

Departments not protected by ringfencing will face total cuts of over 30 % since 2010 by the end of the coalition's eight - year austerity programme, the Institute for Fiscal Studies (IFS) said.

The problem is that in the bleak landscape of austerity, where local councils have had their budgets halved since 2010 and are looking at losing another third of their funding over the next four years, a service which isn't even used by their own residents could start to look like an easy cut to make.

«It will be paid for by further years of austerity, public services brought to near collapse, public sector pay cuts and a welfare cap that bites into the safety net that any of us might need.

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).

The Shadow Chancellor will call for a Budget that deals with the growing emergency faced by working families and our vital public services, which have been left in crisis after seven years of Tory austerity.

Commenting on the announcement of the draft Scottish budget for 2013/14, Chris Keates, General Secretary of the NASUWT, the fastest growing teachers» union in Scotland, said: «While the Scottish Government has been placed in a difficult position by the Westminster Government's imposition of its austerity measures, it is deeply disappointing that the Scottish Government has chosen to follow the Coalition's flawed economic policies by imposing another year of pay freeze on public sector workers.»

In 2012 Reeves urged the Liberal Democrats to choose to become a radical centrist political party, «a hard - driving radical liberal party of the political centre», continuing his campaign for centre left Liberal Democrats to leave, «Any attempt to position the Liberal Democrats as a party of the centre left after five years of austerity government in partnership with the Conservatives will be laughed out of court by the voters — and rightly so.

But the impact of austerity measures is evident in key public sector occupations since 2011, with the majority of the real wage cuts experienced by teaching and educational professionals, social workers and nurses has happened in the past three years.

The Greek government, elected early this year on a platform of ending years of austerity imposed by Germany and other lenders, is pushing back against further pension cuts and higher taxes, saying they would further weaken an already crippled economy.

Finding funds for new acquisitions in the age of austerity is a problem — a report published earlier this year by Arts Council England and the New Local Government Network showed that local authority investment in arts and culture facilities has fallen # 236m since 2010.

In general accounts it was defined by privation and austerity brought on by the personal and economic sacrifices of six years of world war but with a hopeful accompaniment of starting from scratch, of fabricating one's individualized expression out of the rubble.

Two remarkable books that came out this year — Austerity Ecology & the Collapse Porn Addicts by Leigh Phillips and The End of Doom by Ronald Bailey — each makes the case that growth, technology, and accelerated modernization can solve the twin global problems of poverty and environmental devastation.

Global clean energy investment in the first quarter fell to its lowest level in four years, driven by cuts in tax incentives at a time of austerity, according to a separate report by Bloomberg New Energy Finance this week.

This class of climate Lords is served in turn by a vast climate clergy, who promise us that the green noblemen are indeed virtuous, and not tainted by the devil's own oils... But their own demands for our austerity aren't matched by humble requests for green taxes, but demands for # billions and # billions, and rising every year.

MANITOULIN — A decision by the Workplace Safety and Insurance Board (WSIB) to reduce employer premiums is an insult to injured workers who have already suffered through years of austerity, says the president of the Ontario Public Service Employees Union (OPSEU).

For the past seven years, injured workers have borne the brunt of austerity measures implemented by the WSIB in a bid to get its financial house in order.

Legal aid lawyers maintain that the desire to cut costs, reinforced by austerity in the last eight years, has had a serious effect on access to justice — and thereby the rule of law.