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Thursday, May 31, 2012

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Austerity

U’khand Governor orders austerity measures

Five days after taking oath, Uttarakhand Governor Aziz Qureshi on Sunday ordered several austerity m...

May Day rallies across Europe protest austerity

The demonstrations are especially significant in France and Greece, where people are to elect their ...

Greek policemen available on rent of 30 euros/hr

The cash-strapped Greek state is now looking to a new way of raising revenues renting out its polic...

Greek suicide a symbol of austerity pain

A Greek pensioner`s suicide has become a symbol of the pain of austerity and been seized upon by opp...

Elderly Greek kills himself in main Athens square

The 77-year-old retired pharmacist drew a handgun and shot himself in the head near a subway exit on...

Spain unveils $36 billion austerity package

Spain`s new conservative government unveiled a USD 36 billion deficit-reduction package for this y...

Greek lawmakers pass austerity bill as Athens burns

Greece`s parliament approved a deeply unpopular austerity bill to secure a second EU/IMF bailout and...

Greeks hurl petrol bombs as lawmakers weigh austerity

Greek lawmakers looked set to endorse a new austerity deal on Sunday to secure an EU/IMF bailout.

Strike grips Belgium as EU leaders meet

India`s Jet Airways, which uses Brussels as its European hub, rerouted flights via Amsterdam.

Italy government wins confidence vote on austerity

Italian Prime Minister Mario Monti`s government won a parliamentary confidence vote on its austerity...

Greece okays austerity budget after street clashes

Greece`s coalition government on Wednesday passed an austerity 2012 budget aimed at shrinking its de...

Greece paralysed again as austerity vote looms

The austerity bill won initial approval in a first vote on Wednesday night, and deputies are now to ...

Violence erupts as 2-day strike shuts down Greece

Greek unions began a 48-hour general strike on Wednesday, the biggest protest in years.

Greece heads for standstill before austerity vote

The 48 hour general strike is scheduled for Wednesday and Thursday to coincide with the vote in parl...

Greece heads for standstill before austerity vote

Much of Greece is expected to be shut down by a 48-hour strike reaching a peak on Thursday.

Near-daily protests add to the hardship in Greece

The scene during a student demonstration this week reflected the increasing irritation and despair f...

Greeks feel drip-drip torture of austerity

Greeks expressed their misery on Monday at the erosion of their daily lives by austerity measures.

Italy begins strike protest against austerity cuts

Berlusconi`s centre-right cabinet adopted the draft 45.5-billion euro plan to calm market panic.

UK`s Cameron under pressure over cuts after riots

Cameron is under growing pressure to abandon plans to cut police numbers after trouble spread from t...

US backs tough Greek austerity measures: Hillary

Greece`s government has embarked on austerity after missing its deficit-cutting targets.

Austerity drive to cut wasteful expenses: Pranab

Justifying the government`s austerity drive, Finance Minister Pranab Mukherjee on Tuesday said the...

Greece starts vote on second austerity law

Greece`s parliament began voting on an implementation law for a five year austerity plan.

Greece passes key austerity plan despite violence

The vote was vital for securing international funds and preventing the euro zone`s first default.

Greece geared up for vote on austerity

Greek Parliament is voting on the austerity bill which has sparked a violent protest in the country.

Berlusconi ally warns of govt fall over austerity

The 43 bn euro austerity plan is seen by economists as vital to avoid contagion from Greece crisis.

Greek police clash with austerity protesters

Parliament is due to vote on a package of spending cuts and tax hikes as part of a massive bailout.

Greeks protest, almost half oppose austerity

PM George Papandreou vowed to push on with an austerity campaign that a poll showed half the country...

Greek Prime Minister to reshuffle Cabinet

The discussions came as anti-austerity riots hit central Athens.

Greeks demonstrate against austerity measures

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

Portugal sets general election for June 5

Portugese PM resigned when Parliament rejected a new austerity programme.

Clashes hit massive British anti-cuts demonstration

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

British police gear up for mass march against cuts

Tens of thousands of people will march against govt`s austerity measures.

Portuguese PM quits after Parliament rejects austerity plan

Portugal`s public deficit hit a record 9.3 percent of GDP in 2009.

Greek police clash with anti-austerity protesters

About 100000 protested over austerity policies aimed at managing debt crisis.

British MPs draw flak for defying austerity measures

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

Greek anti-austerity strike to paralyze transport

Greek workers will ground flights, shut down schools and paralyze public transport in a nationwide w...

Battered Irish government braces for protests

Austerity package will cut minimum wage and slash 25,000 public sector jobs.

Polls close in Greek vote testing austerity plan

Polls have closed in crucial local elections that Greece`s Prime Minister has vowed will lead to a s...

Britain slashes defence budget by 8%, shrink troops number

British Prime Minister David Cameron on Tuesday unveiled plans to slash the defence budget by eigh...

Fuel supplies low as French protest austerity plan

Diesel & jet fuel supplies were running low Sat in parts of France as workers took to streets for an...

Austerity-hit Latvia holds general election

The ballot is a crucial test for Latvian Prime Minister Valdis Dombrovskis.

Over 100 arrested in Spain violence

A strike against labour market reforms paralysed Spain`s industrial sectors.

Romanian govt in uproar amid austerity protests

The Romanian government was in an uproar Monday over austerity protests — the interior minister resi...

Italian parliament approves unpopular austerity cuts

Italy`s parliament on Wednesday approved unpopular budget cuts as part of conservative Prime Minist...

Himachal CM Dhumal walking towards austerity

Himachal Pradesh Chief Minister Prem Kumar Dhumal walks his way to his office as an austerity measur...

Greeks strike against pension reform

Flights to and from Greece were expected to be disrupted throughout the day.

Rajasthan govt announces easing of austerity measures

Rajasthan government has relaxed austerity measures lifting the ban on business class air travel a...

Greeks strike against austerity reforms

Greek workers went on a 24-hour general strike in major anti-austerity rally.

No austerity measures for France: Sarkozy

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

More than 10,000 demonstrate in Athens: Police

Protesters demonstrated peacefully in Athens as lawmakers voted on a drastic austerity package.

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