Sentences with phrase «harsh austerity»

Before harsh austerity measures are used, consider the downside.

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.

Polls indicate the Greek public is close to the breaking point after more than 20 months of harsh austerity cuts and tax hikes.

In light of the results, New Democracy leader Antonis Samaras, former prime minister of Greece until he was ousted in this January's elections and the man who presided over some of Greece's harshest austerity cuts, tendered his resignation.

«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...

The Greeks lived large borrowing in euros, which Germany backed with its sterling credit, and then challenged Germany's demands for harsh austerity when it ran into financial problems.

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.

Papademos, a former vice president of the European Central Bank, was appointed prime minister in November and spent five months pushing through harsh austerity measures in order to secure a vital international bailout and a major debt relief deal with banks.

After more than two years of financial crisis, international bailouts, a huge debt writedown and Europe's harshest austerity program, Greek voters have been given a chance to hit back at the parties that got them into this mess.

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.

Investors have long acknowledged the possibility of a Greek withdrawal from the 17 - nation euro currency union as the country struggles to meet harsh austerity targets that are a condition of getting international bailout money.

The Palestinian Authority has nothing to offer Israel so that it would stop the occupation of its lands while Greeks and Cypriots have nothing to offer Germany and the EC so that it would not impose such harsh austerity measures on them.

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.

Head of local government Heather Wakefield said: «Local government workers have kept services running in our communities in the face of the government's harsh austerity agenda, and they deserve more than just a bare minimum pay increase.»

It does seem that the Treasury has been a little stung by suggestions that George Osborne's harsh austerity message has hit consumer and business confidence, like Nick Clegg yesterday who is trying to show a little «light at the end of the tunnel».

Since the AFT's last convention, the union has grown by more than 64,000 members, making it one of the few unions growing and overcoming the challenges posed by harsh austerity and attacks from politicians such as Wisconsin Gov. Scott Walker.

In contrast, in France where the French Socialist Party is implementing harsher austerity than Sarkozy, its vote collapsed to 14 per cent — 11 per cent behind the National Front.

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.

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.

Dombrovskis pushed through some of the world's harshest austerity measures — equivalent to 16 percent of gross domestic product.

In the margins of the European Council Jean - Claude Juncker, the Prime Minister of Luxembourg, warned of a «social revolution» that might result from the harsh austerity measures in Southern Europe.

Instead of living in a country with a (albeit slowly) growing economy, Greeks now face at least three more years of the harshest austerity yet.

The Troika - the European Commission, the European Central Bank and the International Monetary Fund - came in, injected some cash into the Greek economy, and demanded a harsh austerity programme and restructuring of Greek debt.

Its small majority will be tested by multiple conflicts over Europe, Scotland, and a slowing economy about to be plunged into the harshest austerity yet.

The protest follows the Queen's Speech on Thursday, in which the Queen announced the government's commitment to harsh austerity measures, including removing the social security for Britain's poorest families.

Stuckler and Basu argue that the harsh austerity measures and cutting of social programs adopted in response to the recent financial crisis have exacerbated public health problems and cost thousands of lives.