austerity

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Greek austerity: A light around the bend?

Nov 12, 2012
European finance ministers are meeting today in Brussels to decide whether Greece will receive its next scheduled bailout payment of $40 billion.
Posted In: Europe debt crisis, Greece, austerity, bailout
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Surprise! The most critical vote this week may be in Greece

Nov 6, 2012
Protesters continue to fill Athens today ahead of the Greek Parliament’s vote on public sector spending cuts.
Posted In: Greece, Europe debt crisis, austerity, bailout
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Greek workers protest latest austerity push

Nov 5, 2012
Workers are back on strike this morning in Greece, where the government is scheduled to vote on a new round of austerity cuts this week.
Posted In: Greece, austerity, bailout
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Rebuilding after Sandy in an age of austerity

Nov 1, 2012
All the state governments in the path of Sandy say they’re going to rebuild infrastructure. In this age of budget austerity, where will the money come from?
Posted In: Hurricane Sandy, new jersey, austerity
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Spain's government announces tough new budget

Sep 27, 2012
In further austerity measures, the government imposes some $50 billion of tax hikes and spending cuts
Posted In: Europe debt crisis, spain, austerity
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Greeks take part in nationwide strike

Sep 26, 2012
Greece has been shut down today because of a huge nationwide strike. Fifty thousand people took to the streets of Athens and police fired tear gas after violence broke out near the parliament. The issue, of course, is austerity: The very unpopular budget cuts going on as part of the solution to the debt crisis.
Posted In: Greece, protest, austerity
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Protests continue in Spain over budget cuts

Sep 26, 2012
More protests are expected in Spain today after some big demonstrations last night. There's outrage over a new round of budget cuts as Spain tries to avoid becoming the next Greece.
Posted In: spain, protests, austerity
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What's up, Europe? Umbrellas for Bastille Day

Jul 13, 2012
Tomorrow is Bastille Day in France, the French will be celebrating despite the rainy weather and eurozone turmoil. This week French carmaker, Peugot, announced major layoffs, signaling the tough economic climate facing the country.
Posted In: France, Francois Hollande, austerity, Whats up Europe
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Spanish leaders announces new austerity measures

Jul 12, 2012
As the first batch of bailout funds arrives at Spain's banks, Prime Minister Mariano Rajoy has announced an austerity plan to slash the public deficit. This includes tax hikes and cuts to unemployment benefits.
Posted In: spain, austerity, euro
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Wordplay: Defining 'austerity,' 'sequester' and 'equity'

Jun 6, 2012
Words like "austerity," "sequestration" and "equity" are commonly used in news stories everywhere these days, but do you know what they mean? Senior producer Paddy Hirsch explains their actual definitions.
Posted In: austerity, equity

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