Sentences with phrase «of government austerity»

But in a period of government austerity some are questioning whether Freilich, 59, is a necessary asset to the State Police.
Money allotted for free council newspapers may become a victim of government austerity, Eric Pickles has announced.
The Trust warned that this was only a partial picture of food poverty, and concluded that the rise was due in large part to the impact of government austerity policies that have either reduced or delayed benefit payments.
Unfortunately, we are destined for population contraction and an age of government austerity that could last for a generation.

Not exact matches

The debt - plagued country's government resigned after opposition parties failed to pass much - needed austerity measures, increasing the likelihood of a bailout.
Portugal's minority center - right government collapsed this week after the three leftist parties that won the majority of seats in September month's general election refused to support its continuation of bailout - dictated austerity policies.
The demonstration Thursday evening in Madrid was one of 80 held in cities across Spain to protest the austerity measures the government says are necessary if Spain wants to avoid a bailout like Greece, Ireland and Portugal.
To try and secure the deal, the government announced an austerity plan to raise taxes and slash US$ 20 billion in public spending — including cuts to social welfare and public jobs, and a lowering of the minimum wage.
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.
The Swiss vote was part of a general attack on corporate largesse in Europe, where government austerity has fed a desire to limit Wall Street - style excess in corporate boardrooms.
But to the government's credit, it has hit most of its spending targets in the first few years of the austerity program Flaherty.
Fatigued by years of austerity and swayed by promises of debt relief, Icelandic voters dumped the Social Democrats from power on Saturday, returning a center - right government that ruled over its financial collapse five years ago.
In the aftermath of the Great Recession, austerity rhetoric has become a hallmark of responsible government.
The first group of so - called debt hawks sees another Great Recession coming and wants national governments to focus on austerity programs aimed at deficit reduction because rising sovereign debts are behind our current economic woes.
It also mentioned that governments might be inclined to organise referenda to counteract the «perception that the EU is an «elite - driven» project,» as it notes that notion has been lingering since the start of the recession as «voters increasingly associat [e] the EU project with austerity, rather than a source of union and prosperity.»
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
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 Spanish government has been noteworthy in its pursuit of well - directed actions to address Spain's debt and banking - system problems, and the Spanish public has demonstrated an understanding of the need for austerity and reform measures.
Philip Hammond signals an end to the era of Osborne austerity saying the Government would «reshape» its approach to the economy.
He accused the Minister and the Irish Government of joining the German chorus of austerity to «tighten the noose» around Greece and to humiliate that country and bring it to its knees.
I mean, literally not only have they, as a population, been cut to no social safety net, no social security, yet the Syriza government keeps getting supported, elected in referendums, and they seem to be able to maintain power in spite of these austerity measures.
Stimulus spending ensured that the downturn wasnâ $ ™ t as severe as it could have been and growth was stronger coming right out of the recession, but since then government austerity has slowed economic growth, putting us behind the even the 1990s recovery (see chart below).
Either it means that other members of his party — the finance minister, who is against the referendum — will come in and not hold a referendum at all, and try to keep Greece on the austerity plan, or there will be a fall in the government, a no - confidence vote, and people will presumably vote for the Conservative Party, which is very much like the Republican Party in the United States.
This is a Government that is absolutely committed to a «voo - do «policy of austerity - driven growth.
Posted by Nick Falvo under Austerity, CPP, demographics, employment, income, income support, inequality, labour market, media, OECD, Old Age Security, older workers, part time work, pensions, population aging, poverty, privatization, progressive economic strategies, retirement, Role of government, self - employed, seniors, small business, social policy, taxation, unions.
In a polarising referendum called by the radical leftist government of Alexis Tsipras at only eight days notice, Greeks voted by more than 60 % to 40 % in support of the prime minister, spurning the extra austerity demanded mainly by Germany and the International Monetary Fund in return for an extension of bailout funds.
During this period the Government of Alberta introduced a $ 15 minimum wage; appointed a gender - balanced Cabinet; replaced a system of regressive flat taxes with a progressive income tax system; laid out a responsible fiscal plan that rejected austerity; implemented an ambitious jobs plan; reformed the royalty system; ended predatory lending practices while strengthening the credit union system and ATB, Alberta's publicly - owned bank; and implemented a climate change leadership plan — among many other important reforms.
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.
The budget makes it very clear that the government is rejecting an «austerity» fiscal strategy and instead is prepared do run relatively small deficits (1/2 of 1 % of GDP), resulting from investments in both physical and human capital.
If we compare operating spending by municipalities to GDP, which is a broad measure of ability to pay, it remains within historical averages of close to 3 % of GDP.  In 2012, operating spending by all municipalities in Canada amounted to just 3.1 % of GDP, the same that it was twenty years ago, and down from the 3.3 % reached in 2009 during the depths of the recession.  This ratio was higher during the recession because GDP had dropped and governments sensibly embarked on stimulus spending to prevent a depression. This was before their misguided adventures in austerity (which presumably the CFIB supports, but have caused devastation to small businesses in countries elsewhere).
In their current sort, the proposals «totally will not be recognized as the 30pc that they needed to substitute,» warned Mr Dijsselbloem, referring to Syriza's want to substitute a third of the austerity steps agreed by the prior government.
The markets generally have continued to stabilize after the Greeks appear to have backtracked in their willingness to accept certain austerity measures as a condition of further financial assistance and the measures that the Chinese government instituted to bolster her failing equity markets appear to have worked for the moment.
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.
B.C. taxpayers can't afford these sorts of sweetheart deals in a time of austerity, especially when the Minister of the Environment admitted that the fees paid by Nestle and oil and gas companies likely wouldn't even pay the government's bill for administration related to the legal changes.
I am certain that other Parliamentary Governments will fall as the austerity budgets begin to take a toll on voters of many Western nations.
Growth in most of the eurozone has remained tepid and reliant on continued central bank stimulus, though the European Central Bank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven policies.
Many analysts have long flagged a similar pitfall for the ECB's purchasing program, namely a scarcity of eligible bonds, as issuance from member governments has been restricted by their austerity - driven policies.
Group chairman Paul Rayner used the firm's annual general meeting to warn that demand for its wines in China was «softening, as a result of the leadership change and well - documented government austerity measures».
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.
The government's austerity cuts have had a huge impact on the number of solicitors taking on legal aid cases, as Chana's experience testifies to.
They outlined their choice as that of a Tory government that had loosened the austerity noose but failed to use its proceeds to offer them much relief — as opposed to a radical Labour alternative that was ready to turn back on the spending tap.
«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.»
Assuming the coalition continues its austerity drive at the same pace as that seen in the period covered by the 2010 comprehensive spending review, all government departments will have to make cuts of 1.6 %.
«It lies with a government which has obsessively pursued austerity, regardless of the misery it has wreaked on the most vulnerable in our society.
Appropriately enough for a politician who was at the heart of an age of austerity coalition government, Sir Vince Cable's new office on the third floor of Portcullis House is spartan.
The Coalition Government's dual offering of austerity and the Big Society takes the Thatcherite enterprise of rolling back the frontiers of the state to its natural — and perhaps dangerous — conclusion.
Downing Street insisted Britain was on track to meet its fiscal mandate, despite having put back the end of the government's austerity drive to 2018.
Labour is struggling to claw back the perception of «economic competence» it needs to persuade voters to give it another chance, even as public opinion has turned against further government austerity.
Pair this with Fox's comments on a trade trip to the USA this week and the government's adherence to an austerity programme at odds with that of its population becomes clear.
Councils and local government, in particular, have to determine how best to maintain effective services in a climate of austerity, accepting that rising demands and tighter budgets require new delivery tools and new models of provision.
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