Austerity measures

With state`s financial situation coming under strain, Kerala Cabinet on Thursday decided to initiate certain austerity measures.

Schools in northern Greece run the risk of being closed in the coming days because they haven`t enough money to pay for heating.

Some 150,000 people have converged here from across Italy to protest against the government`s tax hikes and welfare cuts.

Five days after taking oath, Uttarakhand Governor Aziz Qureshi on Sunday ordered several austerity measures aimed at curtailing expenditure at the Raj Bhavan.

About 30,000 people protested in Athens` central Syntagma square on Sunday.

Portugese PM resigned when Parliament rejected a new austerity programme.

Over 250,000 people protested the toughest spending cuts since World War II.

Senior MPs in Britain have come under fire for celebrating New Year lavishly.

French Prez Nicolas Sarkozy rejected the claim that his govt was adopting austerity measures.

The worst of Greece`s financial crisis is over but the debt-stricken country must tackle cronyism and cut back on waste to emerge a stronger nation, Prime Minister George Papandreou said.

Greece`s ruling socialists continue to lead their main opposition conservative rivals despite having taken tough austerity measures to deal with the country`s debt crisis, an opinion poll showed on Saturday.

Bringing into force austerity
measures in government apparatus in Jammu and Kashmir, Chief
Minister Omar Abdullah has banned parties by ministers,
purchase of new furnitures and put curbs on usage of
telephones by officers.

Refusing to give importance to Congress leaders’ austerity drive, SP chief Mulayam Singh Yadav has said pol leaders have always taken such steps.

FM Pranab Mukerjee while addressing the press on Friday said that in necessary times, it was needed for austerity measures to be adhered to.