Greece pushes for austerity deal as time runs short
ATHENS (Reuters) - Greece held a new round of talks with foreign lenders to bridge differences over 2 billion euros of disputed austerity cuts on Tuesday, with time running short to clinch a deal before a key meeting of euro zone ministers next week.www.reuters.com
Portugal finance minister likely to detail new austerity steps
LISBON - Portugal's Finance Minister Vitor Gaspar will hold a press conference on Wednesday on the country's bailout plan, when he is expected to detail fresh austerity measures. The center-right government has been looking for alternative ways to meet ...www.foxbusiness.com
Italy's Destitute South
The austerity crisis has taken a dire toll on Italy's poor southern regions, where families have taken to scavenging and scraping by without gas or electricity.www.thedailybeast.com
Irish consumer confidence sags, more austerity feared
DUBLIN (Reuters) - Irish consumer confidence dropped sharply in September as the government began debating another austerity budget, knocking hopes that stabler state finances would help boost high street spending. The KBC Ireland/ESRI Consumer ...www.reuters.com
Tens of Thousands Protest Austerity Policies in Portugal, Spain
Tens of thousands of workers, young people, unemployed and retirees took part in demonstrations in major cities of Portugal and Spain Saturday, in a mounting confrontation between the European working class and the savage austerity policies demanded ...www.aljazeerah.info
Europe's Same Old Austerity
Greece's coalition government releases its draft budget for 2013 today, and there's little doubt that Athens will sing from a familiar songbook: higher taxes, minor curbs on public spending, little structural reform.online.wsj.com
Austerity Has Failed in Europe, but What's Next?
Speculation about the euro's fate remains rife. Some in the American elite never liked the idea of a European currency, perhaps because they believed it might some day give the dollar a run for its money as the global reserve currency, a status that ...www.huffingtonpost.com
Blueprints for 'austerity' schools unveiled
A trio of official blueprints for cut-price, prefabricated schools of the future have been unveiled by the government in England. The designs, two for secondary and one for primary, cost a third less than those built in recent years, the government says.www.bbc.co.uk
Greece pledges tough cuts in austerity budget
The government unveiled a tough austerity budget after Yannis Stournaras, the finance minister, met the troika inspectors, whose approval is vital to unlock the next slice of aid, urgently needed to avoid bankruptcy.www.irishexaminer.com
'Populist' parties lead protests of EU austerity
These alternative leaders are often depicted by the political establishment as somehow unsavory because they dare to challenge the reigning economic orthodoxy that prescribes unrelieved austerity as the only way to save the euro (ICAPC:EURUSD) and the ...www.marketwatch.com
Greece Readies Austerity Budget as Unemployment Rises
Greece's finance minister is set to put the latest round of austerity measures to the country's parliament, and to meet with its creditors in an effort to secure a new round of needed bailout funds.blogs.voanews.com
My Word: Economic fix: Austerity or growth?
How should we deal with our current economic mess? Should we adopt an austerity program with cuts in government spending to reduce the public debt or choose an active pro-growth strategy with government-funded expenditures to reduce unemployment?www.orlandosentinel.com
Dutch leaders agree to scrap some austerity moves
THE HAGUE, Netherlands (AP) - The two Dutch political parties hoping to form the country's next coalition government have agreed to scrap two unpopular austerity measures. Caretaker Prime Minister Mark Rutte told reporters Modnay that he and Labor ...www.boston.com
Car sales fall in austerity-hit France, Italy, Spain
PARIS/MILAN (Reuters) - Car sales dropped further in austerity-hit France, Italy and Spain last month, and France's CCFA auto industry association cut its full-year market forecast, highlighting the pain for automakers that have warned there would be ...www.chicagotribune.com
Mindless austerity
At a time of declining production, rising inflation and unchecked fiscal deficit - some hints from responsible quarters suggest that currently this deficit is a little higher than six per cent, as against the budget target of 5.1 per cent - austerity ...www.deccanchronicle.com
UPDATE 1-Babcock benefits from government austerity
LONDON Oct 2 (Reuters) - British defence services group Babcock International delivered a strong first half performance as it continued to benefit from governments farming out more work to the private sector to cut costs.www.reuters.com
Portuguese commuters feel brunt of train engineers' strike over austerity measures
LISBON, Portugal - Lisbon commuters are finding it hard to get to work as Portuguese train engineers begin five days of stoppages to contest austerity measures imposed by the country's government. National rail company Comboios de Portugal said the ...www.washingtonpost.com
Burberry's profit warning: A sign of global austerity or bad strategy?
Last month's profit warning by the British fashion brand Burberry, which reduced by about 20 percent the value of the stock, was widely interpreted as a reflection of China's economic slowdown and the arrival of an austere era in Europe that would ...idahobusinessreview.com
Labour Party conference: Austerity to continue, warns Ed Balls as conference ...
SHADOW chancellor Ed Balls warned the UK's austerity measures would continue under Labour and ruled out a "post-election spending spree", as the party conference voted against the coalition government's public sector freeze.www.scotsman.com
Spain, Greece launch austerity plans to secure aid
MADRID - Spain and Greece outlined plans Thursday to reduce government spending and raise taxes to convince international lenders and financial markets they are on track to cut their deficits.www.huffingtonpost.com
No comments:
Post a Comment