If an entity can not service its debt because of rising interest rates or falling revenue it will have to default or
implement austerity measures.
It would reward communities with property tax rebates if local governments
implement austerity measures to keep their growth under the cap.
Syriza, which broke a two - party - led system, has disappointed some on the left for
implementing austerity measures and the reputation of the mainstream parties remains damaged following what is perceived as years of failed promises.
Not exact matches
Both Grillo and Berlusconi campaigned against the
austerity measures implemented by technocrat Prime Minister Mario Monti at the urging of Germany's conservative chancellor Merkel.
Greek ferry, bus and train services were disrupted and civil servants and doctors stopped work in nationwide walkout on Wednesday, as lawmakers debated
austerity measures that lenders want the indebted country to
implement.
Yet it is impossible to even guess with authority about where this headed because few before have seen a politician like Tsipras, who led his Syriza party to victory in January on a promise to undo all the
austerity measures that had been
implemented since Greece's profligacy caught up with it in 2010.
«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 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.
At best,
austerity measures, in the unlikely event that they were to be
implemented in the US, would only staunch the bleeding, it can't recover the blood already lost.
While the decision of the Spanish government to
implement a series of
austerity measures to address the public deficit is fully understandable, UNWTO expressed great concern that such
measures have translated into the end of a separate Secretariat for Tourism.
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.
The
austerity measures recently
implemented by many E.U. nations could result in slower economic growth and reduced imports from the U.S..