The draft legislation is the latest in a series of income cuts, tax hikes and reforms
imposed on austerity - weary Greeks since 2010, when the debt crisis exploded that brought Greece to the brink of bankruptcy and expulsion from the eurozone — the club of European Union countries that use the euro currency.
Not exact matches
At the same time, Merkel and other European leaders must recognize that Tsipras won an election
on a promise to end
imposed austerity.
Grillo, in his popular blog, laid into Merkel for
imposing German - style fiscal
austerity on Italy.
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.
On paper, the recommendations for debt relief and reduced
austerity «suddenly evaporate when IMF functionaries coalesce with their ECB and the European Commission colleagues in order to
impose upon our government their chosen policies,» said Mr Varoufakis.
BERLIN — Despite bitter opposition in many quarters to the
austerity - first policies Germany has
imposed on Europe's poorer nations, Chancellor Angela Merkel's government has hung
on to its role as champion of integration
on the Continent through deft use of diplomacy and the country's economic clout.
The number one punch against the Ukraine by the IMF was to
impose austerity on the pretense (its junk economics) that Ukraine could pay its foreign bondholders with income taxed out of its domestic economy.
The Washington, DC - based organization centrally controls a global system of payments and loans, often given to struggling nations
on the condition that they
impose strict
austerity.
This monetarist theory has guided Russian economic reform (and its quick bankruptcy) under Yeltsin and his oligarchy, as well as Chile's privatization (and early bankruptcy) under Gen. Pinochet, and the
austerity programs (and subsequent bankruptcies and national resource sell offs)
imposed by the IMF
on third world debtor countries.
And internationally, debt - ridden economies are subject to pressure from inter-governmental institutions such as the IMF and European Central Bank to
impose fiscal
austerity on their labor force, cut back public spending and even sell off public enterprises.
Russia has been subjected to a hyperinflationary
austerity similar to that which has been
imposed on Latin America and Africa for over thirty years.
To what extent should a country
impose austerity and even depression
on itself — more than a great recession, an entire lost decade
on itself — simply to pay interest to bondholders who've been financing a fiscal system that hasn't really taxed the rich in Greece?
Entirely dependent
on billions of euros worth of international rescue loans from other European countries and the International Monetary Fund, Greece must
impose yet more
austerity measures next month, if it is to keep the money flowing and prevent a default and a potentially disastrous exit from the euro.
Taking the example of the Quebec Liberal government's
austerity agenda, Lanctôt explained how major cutbacks in the health and social services sector have
imposed an unsustainable burden
on both those who provide and those who use the services, the majority of whom are women.
The current German politics of
imposing austerity measures
on the rest of Europe stems from the tradition of what Adrian Pabst memorably termed «Kantian morality of context-less duties, Weberian statecraft void of virtue, and Bismarckian quasi-military management of citizens through centralised welfare.»
To
impose austerity on a society may be unwise, but it is even more unwise to
impose affluence
on a nation through hidden per.
Austerity programs similar to those
imposed on third - world countries by the International Monetary Fund may soon be required of the United States.
This has been chosen because of the January
austerity measures
imposed on our stomachs — it contains only a small amount of fat and sugar using pears as a partial substitute.
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.
Three, the Franco - German plus Frankfurt club's attempts to solve the crisis by
imposing ever deeper
austerity on struggling member states whilst starting to intervene — through high profile public statements and pressure — into other member states» domestic politics is a combustible situation and completely at odds with how the EU should and normally does function politically.
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.
Exiting the Eurozone would also allow them to repeal the
austerity policies that have been
imposed on them in the past years.
The EU has
imposed austerity packages
on its own member states forcing privatisation, welfare cuts and unemployment.
Since 2010 mainly northern Labour - led councils have complained bitterly that they have been unfairly squeezed by
austerity while southern Conservative - led councils have had nowhere near the same level of cuts
imposed on them.
They're the ones repeatedly
imposing austerity spending cuts
on themselves, stalling their own economies.
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.»
You'll have to
impose continued «
austerity»
on welfare spending for the next 10 years..
The watchdog recommended a significant increase despite the coalition government cutting spending and
imposing austerity on the public sector.
Austerity is only
imposed on district public schools, apparently.
The fall for ebooks is very welcome, although the overall rise to 7 % is to be deplored, but is an unfortunate result of the
austerity measures we're currently having
imposed on us.
The Greek government, elected early this year
on a platform of ending years of
austerity imposed by Germany and other lenders, is pushing back against further pension cuts and higher taxes, saying they would further weaken an already crippled economy.
Tobias Zielony, Jasmina Metwaly, Philip Rizk, Hito Steyerl, and Olaf Nicolai — the artists exhibited in the Venice Biennale's German pavilion this year — have taken a strong stance in protest against the German government's decision to
impose austerity measures
on Greece, according to Artnet's Brian Boucher.
It may be questionable which effect
austerity measures
imposed on crisis - hit states can have
on social cohesion and sustainable growth.
Investors quickly lost confidence, and local governments rushed to
impose a set of strict monetary policies («
austerity») to placate investors, only deepening the recession.This period, known in Japan as the «Lost Decade» (Ushinawareta Jūnen), was hardest
on the young people attempting to start careers and «adult» lives.