Sentences with phrase «economic austerity measures»

Resigned after 5 years of crushing economic austerity measures that have strangled the Greek economy and has lead to this situation.

Not exact matches

Many were optimistic about the future economic prospects in Lisbon before the sovereign debt crisis, but the crisis and corresponding austerity measures have stifled its economy.

Austerity measures are adding pressure, and economic and political uncertainty persists.

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.

However, its monetary policy dictated by austerity measures is killing economic growth.

The second problem is that in order to get some of its debt absolved, Puerto Rico agreed to impose the harsh austerity measures — reducing education and health spending, for instance — that hurt growth at the same time that thousands are fleeing to the mainland in search of economic opportunity.

«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.»

In the midst of economic crises and austerity measures we mustn't lose sight of our most precious resource: our children and young people.

Complaints about the loss of EMA, rising tuition fees, austerity measures, and police discrimination gain added valence from the rioters» subconscious coded articulations of their own (growing) alienation from a continually victorious political - economic - social elite.

To this, we have to add the outbreak of a harsh economic recession, which resulted in the implementation of unpopular austerity measures, and the systemic political corruption both in Spain and Catalonia.

The UK government remains committed to austerity measures such as the cap on public sector pay; but in a speech on 20 June 2017 Chancellor Philip Hammond acknowledged public discontent with austerity, and suggested the government would consider increased borrowing to invest in economic growth.

In 2011, many European leaders fell, including a humiliated Brian Cowen of the Republic of Ireland's Fianna Fail, which in February got hammered for its handling of the economic crisis, and Portuguese prime minister José Socrates, who resigned in March after Portugal's parliament rejected austerity measures.

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.

Some economists want to claim that austerity measures HAVE been tried, and, since we're still in a recession / depression, austerity is therefore a failed «research program» / economic practice.

Only then does Corbyn have a chance to deliver his real message about the impact of changes to tax credits, the impact of austerity measures, the inequity of the housing market and how there is an alternative economic strategy.»

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.»

Ed Balls has accused the Chancellor of being in denial about the economic perils facing Britain after US growth figures posed fresh questions about the Government's austerity measures.

It bears some political resonance with the UK's post-2008 wave of economic recession followed by tighter post-2010, Conservative - led, governmental austerity measures; it is possibly too soon for political analysts and scientists to predict again only a long future of coalition governments.

But if the government and its officials decide to be part and parcel of the austerity measures, then the masses will be ready to join hands with the political class in salvaging the nation from the economic ruin starring us in the face.

George Osborne is to introduce yet more austerity measures as he sticks to his failed economic strategy, but has he costed this tax cut into his budget plans for 2016/17?

The United Kingdom, like several other European countries, is imposing strict austerity measures in response to the economic crisis.

The results provide the most comprehensive and up to date picture of the effect of the economic downturn on Greece, which received its first bailout of $ 110 billion in 2010 with strict conditions including tough austerity measures; privatisation of government assets; and dramatic changes to the country's industries and government.

Today, persistently toxic economic conditions, uncertainty, joblessness, and the possibility of further austerity measures continue to put a great strain on the Greek public, the authors say.

The austerity measures introduced by the Greek government, its weak governmental system, politicians» broken promises and the new economic situation spread an intense climate of frustration and social unrest across the country.

The austerity measures seriously affected the economic situation for the mid and lower - income classes, measures that the Greek public did not welcome (Matsaganis et al, 2011, pp.8 - 11).

It's tough to argue that the Euro region wasn't going to have to enact austerity measures eventually to ensure long - term viability, but by tightening the spigot, history dictates that economic growth suffers in the near - term.

The global economic crisis, largely created by the various entities we want to tax, has forced austerity measures in both the European governments and the United...

Regarding old measures, the Greek Government had to revise its promise to cancel many of the austerity measures it heavily criticized since 2010 as an opposition party, agreeing to «refrain from any rollback of measures and unilateral changes to the policies and structural reforms that would negatively impact fiscal targets, economic recovery or financial stability, as assessed by the institutions.»

Greece, like all other countries accepting assistance, was bound to an Economic Adjustment Programme that required austerity and supply - side reforms, while the new government was elected based on the promise that it would repeal austerity - driven measures and focus on demand - side policies.

Greece is currently enacting a set of controversial austerity measures and other financial reforms after reaching a $ 157 billion economic rescue accord in late July with European leaders.

The austerity measures recently implemented by many E.U. nations could result in slower economic growth and reduced imports from the U.S..

The ongoing economic crisis in Greece jumped ferociously back into the world's headlines this summer, when Greek residents voted to reject European austerity demands and European leaders agreed on a third bailout deal for Greece in exchange for strict reform measures.