Sentences with phrase «government austerity measures»

Group chairman Paul Rayner used the firm's annual general meeting to warn that demand for its wines in China was «softening, as a result of the leadership change and well - documented government austerity measures».

A study by the IRIS institute has determined that a $ 7B gap was created between men and women due to government austerity measures alone.

Greek state hospital services faced disruptions Wednesday as staff held work stoppages and protests over government austerity measures and pay delays.

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.

Government has passed painful austerity measures — tax hikes and cuts to benefits, salaries and pensions — to reduce state debt and strengthen confidences in its finances.

The demonstration Thursday evening in Madrid was one of 80 held in cities across Spain to protest the austerity measures the government says are necessary if Spain wants to avoid a bailout like Greece, Ireland and Portugal.

Spain also just released its 2013 budget, which introduces several new austerity measures in an attempt to rein in the government's budget deficit.

In a country that has imposed tough spending controls and austerity measures on all government departments, investing in the future means getting at the end of a very long line.

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.

In response to a journalist's question, the governor says he agrees with the view consumers are facing high debt loads today because they filled in the debt - accumulation void left when governments turned to austerity by shutting down stimulus measures to address fallout from the 2008 financial crisis.

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).

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.

Runaway government spending certainly isn't the path to prosperity, but, as the Greeks would surely tell their Mediterranean brethren, neither are brutal fiscal austerity measures.

I mean, literally not only have they, as a population, been cut to no social safety net, no social security, yet the Syriza government keeps getting supported, elected in referendums, and they seem to be able to maintain power in spite of these austerity measures.

Meanwhile, the Greece government told its lenders, that we now call «Troika» today, that it will not agree to any more austerity 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.

Greece has been unable to form a coalition government since voters gave support to political parties that want to cancel or renegotiate the terms of a massive financial bailout by international lenders that requires harsh austerity measures.

California is just now starting to recover from a massive budget deficit that forced new taxes, tax increases, and austerity measures to make up the shortfall and prevent a statewide government collapse.

In Greece, voters punished the two parties that have overseen the country's harsh austerity measures and left no party with enough votes to form a government.

Prime Minister Alexis Tsipras is pressing lenders to grant Greece more lenient repayment terms that would allow his left - wing government to ease austerity measures and emerge from...

«Rather than implement harsh austerity measures, the provincial government chose to continue to invest in New Brunswickers, focussing on health and senior care and retaining...

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 markets generally have continued to stabilize after the Greeks appear to have backtracked in their willingness to accept certain austerity measures as a condition of further financial assistance and the measures that the Chinese government instituted to bolster her failing equity markets appear to have worked for the moment.

Spanish government members have expressed worries about a bailouts impact on their nation's image and potential austerity measures.

It also said a slowdown in China, where the government has imposed austerity measures which have curbed demand for higher - priced wines, had worsened in the past few months.

The China downturn also contributed a damaging profit downgrade from Treasury Wine Estates as austerity measures imposed on government officials by President Xi Jinping dampened shopping.

Exports to China slipped by 7.6 per cent to $ 223 million as a combination of austerity measures imposed by the Chinese government to limit spending by government officials and organisations on luxury products, and a higher dollar, hit sales.

Following this, the Romanian government adopted drastic austerity measures, resulting in a further 1.3 % GDP contraction in 2010.

Mahmoud Abbas has been threatening to dismantle the Palestinian Authority over and over since April 2010, saying he would hand over «the keys» for the occupied West Bank to the Israeli government; while in 2011, Greek Prime Minister Papandreou threatened to leave the Eurozone and called a popular referendum on austerity measures, which implicitly questioned membership in the euro zone.

The public sector in the United Kingdom is undergoing the largest budgetary cuts since the Second World War, while all over Europe governments are imposing harsh austerity measures which may radically curtail the activities of the state.

«Official forecasts will show George Osborne's emergency Budget hitting growth and costing jobs in the short term, government sources said last night, but the austerity measures will also create a brighter climate for the economy by the end of the parliament.

They have since U-turned on both the timing and the scale of the austerity measures; Cable claims he was persuaded of the case for deep and early cuts, «not by other politicians, but by talking to the most senior officials in the government and the central bank [who said] that we had to act».

Despite all the progress realized by Samaras» government, Greece's creditors demanded close to $ 3 billion in new austerity measures including, among other things, increases in VAT on hotel services up to 13 % (from 6.5 %).

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.

Commenting ahead of tomorrow's TUC march in London against the Government's cuts and austerity programme, Christine Blower General Secretary of the National Union of Teachers, the largest teachers» union, said: «This march will send a clear message to Government that their programme of austerity measures is not working.

Greeks have witnessed discussions shift from $ 1 billion in additional measures (last proposal put forth by the New Democracy - PASOK government following demands from creditors), to over $ 10 billion in additional measures last month, to today's «Greekment» according to which Greece will undergo harsher austerity (for next three years) than at any other point since the crisis began.

«The government decided unilaterally to impose austerity measures without consultation, and public workers have not been paid for months.

Hammond has loosened Osborne's fiscal rules, but he will press ahead with most of the pre-planned austerity measures — though the tax credits rebellion forced the government to promise not to look for fresh savings from the welfare bill in future years.

It would reward communities with property tax rebates if local governments implement austerity measures to keep their growth under the cap.

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.

That's been viewed by some as a swipe at the New Labour administrations that were in power before 2010 as well as the later Conservative led governments that imposed austerity measures.

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.»

Since these groups are also more than likely to be amongst the same class that is being kicked hardest by the government's austerity measures, there is a danger that the socially ostracised and economically downtrodden could become politically voiceless to boot.

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.

Conference calls for Liberal Democrats in government to continue to work to ensure that the most vulnerable in society are not disproportionately affected by the government's austerity measures and to ensure that the wealth and inequality gap does not widen.

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.

Research has proven time and time again that women have borne the brunt of the government's austerity measures.

The top 10 % of earners pay the most under the government's austerity, the IFS said, though it admitted many of the measures hitting the richest were implemented or devised by the previous Labour government and were continued by the coalition.

The 2013 budget also continues several austerity measures, including freezes in pay increases for county employees as Niagara County's government continues to chart a conservative budgeting course during a period of declining state aid and increases in unfunded state mandates.

The findings suggest the Coalition — which has a Commons majority of 84 — could be vulnerable to defeat as the Government becomes more unpopular and the austerity measures hit home.