Sentences with phrase «into austerity»

Then things turned in the economy and they went into austerity mode.

So, sorry, whilst I don't as a matter of unconditional principal, deny that sometimes «devolution» can be inevitable (eg, Wales and Scotland), even desirable, but as with the very cynical, divide and rule, and destroy, motivation behind the regionalisation of the NHS, and the current «Northern Powerhouse» structures which draw Labour politicians into Austerity collaboration at an intimate local level, there is very little to be said in the favour of most «devolutionary» developments today from a radical socialist perspective.

2017 was meant to be the identity election but turned into the austerity election.

Not exact matches

Athens was forced to adopt severe austerity measures that plunged the country into a deep recession.

The Belt hits multiple Asian countries before turning west through Belarus and Poland into Europe — where it's bringing investment to countries where post-financial-crisis austerity has crimped infrastructure spending.

Grillo, in his popular blog, laid into Merkel for imposing German - style fiscal austerity on Italy.

The chancellor recognised that seven years of austerity had left the British public feeling «weary» but said increasing tax to pump more money into the public sector was not the answer.

Here in our Outlook 2011 special report you'll find insight into what some say is a forming dot - com bubble, what austerity means for global economic development, some RRSP advice, an investigation into the fuss over gold and more.

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.

Government austerity turned into a speed bump last year for Navistar, which makes military vehicles, as well as school buses and long - haul freight trucks.

Canada was able to eliminate its deficit in three years without plunging into recession, he says, because it was largely alone in pursuing austerity, which meant a big lift from a strong global economy.

Meanwhile, the EU is slipping into recession and the austerity measures will only inflict more pain.

As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden of refinancing the debt considerably heavier, and as more money goes into servicing the debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.»

So, by trying to rephrase the question in a way that will get a «Yes» vote, they avoid asking the really important question: Do you Greeks want to push yourselves into a decade of depression and impose austerity?

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.

Markets were thrown into a tailspin Monday after weekend elections in France and Greece led to a sharp shift in the political landscape with the focus shifting away from austerity.

For all the talk of reform — Orwellian EMU - speak for austerity — Italy is digging itself deeper into one hole even as it claws itself out of another, its industries relentlessly hollowed out.

Germany's parliament is unlikely to approve any rescue without deeper cuts, but further austerity risks pushing Spain into civil conflict.

His claims were badly undercut by Nobel economist Joe Stiglitz, who told a Spanish forum that German austerity medicine is «utterly misguided» and will push Spain deeper into a downward spiral.

If you can keep your head when all about you are losing theirs and blaming it on you If you can trust yourself when all men doubt you but make allowance for their doubting too This is inevitably followed by bursting into a German song about a fox stealing a goose (which suddenly somehow reminds me of austerity demands on Greece): «Fuchs du hast die Gans gestohlen, Gib sie wieder her!

Research by GS economists indicated the following impact of fiscal austerity (budget sequester) on U.S. GDP growth into 2014.

But as cities, counties and states compete for economic development, spending on such programs nationwide has climbed into the billions of dollars, even in an era of fiscal austerity.

His prosperity, certainly, but it's austerity for ordinary working Canadians — and for the cannon fodder imported into Canada to work for less.

The positive thing for the 1 % is that we're going into a serious depression — austerity in the United States, austerity in Europe.

This has called into question whether Italy will continue on the austerity path set by the technocratic Monti government.

Should Greek voters reject the austerity plan, it could lead to a messy default on the country's debt that would likely cause massive losses for banks that hold Greek bonds - and possibly spark a wider financial crisis that could send Europe into recession.

If the Greek elections fail to convince investors that Greece is prepared for austerity measures — or, worse, set the stage for Greece to abandon the euro — expect the eurozone's currency to go into something of a free fall.

While it is regrettable that he never made his peace with Italian classicism» one wonders what Cram might have learned from the delicate austerity of Florentine arcades or the freewheeling geometric brilliance of Borromini» his early embrace of the Mexican Baroque (spurred by his partner Goodhue), his late interest in the Iberian Renaissance, and his numerous forays into American colonial revival show he was no mere Gothic fanatic.

But they who by sacrificial offering, charity, and austerity conquer the worlds, pass into the smoke (of the cremation - fire); from the smoke, into the night; from the night, into the half month of the waning moon; from the half month of the waning moon, into the six months during which the sun moves southwaid; from those months, into the world of the fathers; from the world of the fathers, into the moon.

But after he had seen, despite every effort to keep him from doing so, the ugly facts of sickness, poverty, old age and death, he finally renounced his princely home and comfort, even a new - born son and his much loved wife, Yasodhara, and went out into the world to become, first, a wandering mendicant seeking by austerity and ascetic practices to find release.

«Lots more has to be done, and if we don't do that now then our capacity to bring the budget back into balance will require much more austerity, much more dramatic movement in the future.»

You tore into Wenger for doing the same when all football logic told you that Arsenal should have at least once in the 10 years of financial austerity have dropped to mid table or worse.

After weeks of protesting against austerity measures being forced upon the Greek people it seemed only a matter of time before such action spilt over into the world of football.

The Gunners have long followed a policy of austerity as they coped with the cost of moving to the Emirates Stadium, yet the first signs of them dipping into the elite end of the transfer market came last summer with the $ 50million (Dh253.4 m) club record capture of Mesut Ozil.

«The UK government will effectively be asking taxpayers to pay a Westminster premium to crowbar a modern parliament into a Victorian building at a time of austerity when Tory policy is hitting some of the poorest in society, and political uncertainty when this UK government has no plan for the UK outside the European Union.»

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.

God only knows how many times I see this: people who already have nothing being pushed permanently into the red by bureaucracies that are equal parts punitive, dysfunctional and decimated by austerity.

He is ruffling feathers in Brussels and Berlin by insisting that he will renegotiate the EU's newly agreed fiscal treaty — enshrining budget discipline and austerity into eurozone countries» national laws and constitutions — to put more emphasis on growth and employment.

Going into government with David Cameron and George Osborne meant signing up to the Tories» more brutal approach to austerity.

«It will be paid for by further years of austerity, public services brought to near collapse, public sector pay cuts and a welfare cap that bites into the safety net that any of us might need.

Instead, austerity is being directed at children born into poverty and pushing them further into it.

On housing and social care, the effect of austerity has now seeped into the lives of the middle class.

Surprisingly little worry is expressed that if Greece did not fulfil its austerity programme the EU and IMF may just pull the plug which could push Greece into even more disastrous territory — although for most any» return to the drachma» scenario is seen as a nightmare outcome.

It is largely accepted that these programs lead to systemic macroeconomic instability across the continent and that these policies drove countries of the global south into «debt crisis, austerity, decline and conflict» (Bond) and «acute material scarcity» (Mbembe).

[5] He was one of 16 signatories of an open letter to Ed Miliband in January 2015 calling on the party to commit to oppose further austerity, take rail franchises back into public ownership and strengthen collective bargaining arrangements.

Austerity is being extended well into the next parliament.

«Cuts, austerity and squeezed living standards stretch seemingly without end into the future.

As Paul Mason has pointed out, «The austerity we deride in Britain as a political choice is, in fact, written into the EU treaty as a non-negotiable obligation.

The austerity cuts across Europe are taking hundreds of billions of euro out of the European economy, pushing the eurozone into its second recession since 2008.

If she wants to see this in action, she should get out into the communities that have been hit hardest by austerity.