austerity

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The International Monetary Fund and conflict-torn Ukraine have reached a preliminary deal on a new financial rescue plan worth $17.5 billion dollars that could be a 'turning point' for Kiev, Christine Lagarde said on February 12 .

This might hurt a bit: The downside of Ukraine's IMF loan

Feb 12, 2015
A $17.5 billion IMF package for Ukraine comes with challenging conditions.
Posted In: IMF, ukraine, austerity

Will Greek voters make a great leap?

Jan 23, 2015
Polls suggest that elections this Sunday could bring to power a hard-left party called Syriza
Posted In: IMF, European Union, austerity

The state of job training around the world: What job training?

Jul 18, 2013
Five years after the Great Recession, industrialized countries are still down about 16 million jobs. And many of those without work are in need of a skills upgrade.
Posted In: Unemployment, career, employee training, austerity, Organization for Economic Cooperation and Development (OECD)

A grim innovation from Greece: The slow-motion layoff

Jul 17, 2013
The Greek parliament votes today on whether to send as many as 25,000 government workers into a so-called 'labor reserve.'
Posted In: Greece, Europe debt crisis, bailout, austerity

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.
Posted In: Greece, Europe debt crisis, austerity

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.
Posted In: Greece, France, austerity, Europe debt crisis

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.
Posted In: italy, austerity, enrico letta

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.
Posted In: budget, austerity

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.
Posted In: Portugal, austerity, Europe debt crisis

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.
Posted In: austerity, welfare, welfare offices, welfare reform

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