Is anti-austerity fever cooling off in Greece?

May 1, 2013
Protestors in Greece are rallying against austerity. The gathering comes just days after the country's government voted to allow 15,000 public employee layoffs.

Greece keeps cutting while France looks for growth

Apr 29, 2013
Two European countries have come out with very different ways to tackle their economic problems.

New Italy prime minister to move away from austerity

Apr 25, 2013
Enrico Letta, of the center-left Democratic Party, has announced that he intends to fight the move towards austerity in Europe, and investors applauded.

What's so great about austerity, anyway?

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.

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.

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.

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).

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.

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.