austerity
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Portugal court throws austerity cuts for a loop
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.
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Britain's new 'Bedroom Tax' is not what you'd think
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.
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Krugman warns U.S.: Don't end up like U.K.
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.
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What's up, Europe? The austerity edition
Mar 5, 2013
A guide to living under austerity (and that's another word for sequester).
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With no clear victor, uncertainty wins Italy's election
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.
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Europe faces up to the cost of austerity
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.
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The European debt crisis claims a new victim: Bulgaria
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.
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France's president says no to 'endless austerity'
Feb 5, 2013
Francois Hollande gives his first speech to the European Parliament as head of state.
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In Spain, corruption and austerity don't mix
Feb 1, 2013
A bribery scandal in Spain is threatening the government of Prime Minister Mariano Rajoy at a time of austerity and high unemployment.
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U.K. government battles to cut deficit
Jan 8, 2013
The U.K.'s coalition government has just passed the halfway point in its first term. Critics say its continuing tough talk on austerity is constraining growth.
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