Sentences with phrase «of harsh austerity»

Polls indicate the Greek public is close to the breaking point after more than 20 months of harsh austerity cuts and tax hikes.

Instead of living in a country with a (albeit slowly) growing economy, Greeks now face at least three more years of the harshest austerity yet.

Not exact matches

Just like Bernanke, the chairwoman - to - be has been a harsh critic of austerity and will want to counteract the impact of more federal belt - tightening with monetary policy, if she can.

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.

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 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.

After yesterday's harsh speech from George Osborne promising more austerity in the next parliament, Cameron made a series of pledges on income tax, housing and zero hours contracts to sweeten the pill of continued spending cuts.

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.

The public sector in the United Kingdom is undergoing the largest budgetary cuts since the Second World War, while all over Europe governments are imposing harsh austerity measures which may radically curtail the activities of the state.

To this, we have to add the outbreak of a harsh economic recession, which resulted in the implementation of unpopular austerity measures, and the systemic political corruption both in Spain and Catalonia.

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.

According to early reports, this Memorandum cover the Greece's financing needs for the next three years, but will require the harshest set of austerity measures of the three fiscal adjustment programmes to date.

The 2012 Budget is critical to the UK's economic recovery, but its political emphasis will be focused firmly on mitigating the harsh effects of austerity on the poorest.

Head of local government Heather Wakefield said: «Local government workers have kept services running in our communities in the face of the government's harsh austerity agenda, and they deserve more than just a bare minimum pay increase.»

It does seem that the Treasury has been a little stung by suggestions that George Osborne's harsh austerity message has hit consumer and business confidence, like Nick Clegg yesterday who is trying to show a little «light at the end of the tunnel».

SÃO PAULO, BRAZIL — Strapped for cash after 3 years of austerity budgets, Brazilian scientists are bracing for an even harsher year ahead.

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.

Portuguese director Miguel Gomes (Tabu), furious at the harsh 2013 austerity measures that forced millions of his country mates into poverty, has fought back with a surreal and boundlessly creative trilogy of movies that express his rage.