Apr 11, 2013 The idea that government should be balance its budget and stay out of the way has been around a long time. It's gained ascendance in Washington even as more economists agree the government should spend more and help the economy.
Apr 8, 2013 Portugal's economic future is in doubt this morning after the country's high court ruled that many of the government's bailout cuts are unconstitutional.
Apr 1, 2013 The U.K. revealed the biggest overhaul to its welfare system in a generation. One major cut will be to crackdown on people who live in large houses but collect welfare payments.
Mar 20, 2013 Britain's budget, released today, contains more deep spending cuts. Nobel-winning economist Paul Krugman argues that austerity policies in the UK and Europe are killing growth.
Mar 5, 2013 A guide to living under austerity (and that's another word for sequester).
Feb 26, 2013 Global stock markets are falling this morning after preliminary election results in Italy indicate no political party won a clear majority in parliament.
Feb 22, 2013 Today, the European Commission said the euro zone will shrink another 0.3 percent in 2013, which is deeper and longer lasting than originally expected.
Feb 20, 2013 After clashes between police and protesters became violent, Bulgarian Prime Minister Boyko Borisov submitted his resignation today in what has become the latest example of voters rising up against budget cuts and winning.
Feb 13, 2013 Spending on infrastructure and education can help fuel future growth.