Sentences with phrase «of years of austerity»

She told the Guardian: «This referendum has revealed that there are a lot of people [who] feel they don't have a voice, that this country is not working for them and they have faced a combination of years of austerity and a rapid pace of change in their community they didn't vote for.

Not exact matches

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.

The staggering growth rates of this year's Fast 50 — the average of the top five was a record - smashing 43,000 % — reflects how high - tech startups have evolved in the face of austerity.

Speaking exclusively to CNBC in Lisbon, Centeno promised to bring a fresh approach to policymaking after years of austerity.

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.

Austerity measures imposed earlier this year include $ 65 billion ($ 80 billion) in spending cuts and tax increases by the end of 2014.

Lower oil prices should put more money in the pockets of consumers already emerging from years of self - imposed austerity, says Richardson.

Already in Brazil, the region's biggest economy, President Dilma Rousseff is starting to roll out a more conservative message of austerity, including cuts in unemployment and welfare benefits, to tame a record budget deficit widened by the biggest economic slowdown in 25 years.

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 December, the company, which chooses the year's top words based on out - of - the - ordinary spikes in interest, announced that «austerity» clinched the top spot in 2010.

«There's no way Ireland is going to sit through 10 years of austerity,» says Mark Blyth, an international political economist at Brown University.

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).

Even with austerity programs in place, the eurozone's collective budget deficit this year will exceed 4.5 % of GDP.

Germany has completely rejected this recommendation, since it has been preaching for years that the only way out of the EURO crisis is austerity.

As well, Flaherty cut in half an Employment Insurance premium hike scheduled for Jan. 1, a move that will cost Ottawa $ 600 million a year, but will leave that cash in the pockets of workers and companies — a shift from deficit - shrinking austerity to stimulus.

Specifically, this suggests that after several years of fiscal austerity and several decades of declining inflation, these trends are on the cusp of reversing.

Five years of failed austerity policies in Greece and a total breakdown in trust between the leftwing Syriza alliance and the political leaders of its creditors climaxed in a national vote in which Greeks said no to the spending cuts and tax increases demanded by its lenders...

THESSALONIKI, Greece (AP)-- Greece's prime minister promised Saturday to deliver economic growth to a country hammered by years of economic hardship, as thousands gathered in protest at more planned austerity measures.

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.

The summary of their stats for Ontario, in the 11 - year period, 1998 to 2009, was as follows: Private sector: Arbitrated settlements: 28 (50,828 employees) average annual increase: 2.5 % Non-arbitrated settlements: 1,877 (1,658,929 employees) average annual increase: 2.5 % Public sector: Arbitrated settlements: 407 (282,903 employees) average annual increase: 2.5 % Non-arbitrated settlements: 2,842 (2,875,878 employees) average annual increase: 2.7 % This says nothing, of course, of the base from which those increases were granted, particularly after the public sector austerity in Ontario during the 1990s.

ATHENS, Greece (AP)-- Greece's parliament has approved plans to lower the voting age by a year to 17 and adopt a proportional representation system, after years of economic austerity have hammered popular support for traditionally dominant political...

Given also the need for an austerity budget to comply with European rules, growth is likely to weaken, meaning the protest parties will continue to strengthen and may well be strong enough to take over in a couple of years.

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).

European equities have garnered a fair share of attention lately as leading indicators suggest economies in the region are starting to recover from years of crisis and austerity - induced recessions.

The agreement implied austerity measures and included the extension of the repayment period to 15 years, the lowering of the interest rate to 3.5 % and a 53.5 % haircut accepted by the private bondholders.

She was speaking after Eurozone leaders agreed to give Greece a third bailout package of up to $ 86bn over the next three years, in exchange for further austerity and reforms.

«Verily, O Gargi, if one performs sacrifices and worships and undergoes austerity in this world for many thousands of years, but without knowing that Imperishable, limited indeed is that (work) of his.

Australian winemakers might have to wait until 2015 to see a return to growth in China after Pernod Ricard, the world's second - biggest drinks group and owner of Jacob's Creek, warned that beverage sales were flat since the Lunar New Year as an austerity drive and crackdown on luxury gift giving kept glasses empty.

People hate been told about the 10 years of «austerity» but the proof is there and out in the open, how much was spent, what players were sold and the close to zero net spend.

There was a notable period of austerity when they weren't quite the Yankees, but they've always been above - average, even in the down years.

our greatest asset and the only thing i can agree with usmanov is that we have used his best years for a miserable austerity task for which the rest of owners / board were happy to watch him run it prudently but without facing to the reality that at some stage they will need ot back him aggressively either in transfers or with media / refs.

Those words of fact just puts a huge question mark on what the manager led us to believe in all those years of «austerity».

We will return to true greatness, winning cups, leagues etc but as you quite rightly say, we've only just begun that journey again after 10 years of forced austerity to build the necessary infrastructure giving us the sustainable financial power to do so.

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.

Part of that advice would have been — «look, Arsene, I love you, and I love your zeal and the vision that you follow — but I think for the next couple of years, you should forget austerity the dream and just tough it out, play hard and dirty, win a couple of Premier Leagues, just to spite that tart Maureen, and then get back to following your dream.

The Conservatives also earned the ire of public sector workers, fatigued after seven years of austerity.

«At the next election we shall have a choice between the people who've given us five years of austerity, the people who left us this mess, and the people who signed public pledges that they wouldn't raise student fees, and then did so - the most blatant lie in recent political history.

Departments not protected by ringfencing will face total cuts of over 30 % since 2010 by the end of the coalition's eight - year austerity programme, the Institute for Fiscal Studies (IFS) said.

The gloomy headlines about life in austerity have become all too familiar reading over recent years, but what have the pressures on household budgets really meant for family life, and could some of the long - term impacts have been hidden from view behind the front door?

The problem is that in the bleak landscape of austerity, where local councils have had their budgets halved since 2010 and are looking at losing another third of their funding over the next four years, a service which isn't even used by their own residents could start to look like an easy cut to make.

«On his own chosen measure, we will probably find out today that the chancellor has literally nothing to show for nearly three years of austerity.»

Today he will probably say it starts now, so in reality he's announcing eight years of 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.

For all Ed Miliband's talk of restructuring the British economy and creating a responsible capitalism, the party's position on the core issue of the deficit was dangerously muddled: after three years of opposing «austerity», the Labour leadership spentthe run - up to the election trying to minimise its differences with the government.

Treasury sources suggested international organisations had recommended extending the government's austerity drive for an extra year would be more effective in retaining the confidence of the markets.

One of the most forceful indicators of this is that the period of austerity being administered, seven years, is simply unprecedented in its length and severity.

The risk of inflicting several more years of austerity on the British people is a price worth paying for leaving the EU, Iain Duncan Smith suggested last night.

Shockingly, the UK political establishment looks poised to loosen further what already looks like a very lax fiscal regime, at a time not only of straitened public finances and austerity (and a high burden of personal taxation), but also of extraordinarily high petroleum prices (2011 was the first year in history when the international price of crude averaged over 100 dollars per barrel, 2012 was the second, 2013 the third, and 2014 looks dead set to be the fourth).

Seven years of Conservative austerity has created a social crisis and sense of utter alienation that the party has just assumed could carry on with no new money and no new ideas.