Sentences with phrase «harsh austerity measures»

Before harsh austerity measures are used, consider the downside.

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.

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.

«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 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.

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.

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.