Articles About austerity measures
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February 13, 2012Market Recap: Euphoria Boosts Stocks as Greek Parliament Votes for Austerity
Here's everything you need to know about today's trading action...
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February 13, 2012Greece Passes Austerity Bill
The Greek Parliament approved a package of austerity reforms on Sunday, clearing the first of three hurdles it must overcome to qualify for a second bailout worth 130 billion euros...
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February 09, 2012Market Recap: Stocks Gain as Greece Makes Progress
Here's everything you need to know about today's trading action...
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February 07, 2012
Greeks Strike as Leaders Negotiate Austerity
Greek ports and tourist sites are closed today as public workers strike against more austerity...
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February 06, 2012
Greece Strikes Tentative Deal Over Austerity Measures
Greek Prime Minister Lucas Papademos struck a tentative deal with political parties on Sunday over austerity measures demanded by international creditors as the terms for the release of its second, 130 billion-euro rescue package...
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January 27, 2012Market Recap: Stocks Slip on GDP Report
Here's everything you need to know about today's trading action...
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January 27, 2012
EU, IMF: Greece Must Push Through More Cuts to Receive Aid
The European Union and International Monetary Fund are asking Greece to push through more budget cuts and implement a series of long-agreed austerity measures before they will release a 130-billion euro bailout package the struggling country needs if it is to avoid a disorderly default...
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January 17, 2012
Greece Must Reach Debt Swap Deal By March to Avoid Disorderly Default
Greece's private creditors warned on Monday that the government must soon reach a deal in negotiations on a plan to slash the country's debt if it is to avoid a disorderly default when a major bond redemption comes due in late March...
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January 10, 2012Monti Moves Away From Austerity to Boost Growth
Italian Prime Minister Mario Monti will follow up a $40 billion package of austerity measures with a package of growth-stimulating measures, which he will unveil at a meeting of European Union finance ministers on January 23...
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December 29, 2011
Greek Tax Officials Strike in Protest of Austerity Cuts
In protest of salary cuts and other austerity measures, Greek tax officials walked off the job Thursday at the start of a 48-hour strike to take place on the last two working days of the year...
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December 23, 2011Italy’s Senate Approves €30B Austerity and Growth Package
Italy's Senate approved on Thursday a 30 billion-euro austerity and growth package aimed at eliminating Italy's budget deficit by 2013 and stimulating economic growth as part of a broader plan to stabilize the euro...
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December 09, 2011French, German Slowdown Signals EU’s Backslide Into Recession
German exports fell and French industrial output stagnated in October, signaling a slowdown that could have the euro region backsliding recession as leaders struggle to solve the sovereign debt crisis...
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December 05, 2011
Italy’s Monti Unveils Radical Austerity Measures in Emergency Decree
Italian Prime Minister Mario Monti unveiled an ambitious package of austerity measures on Sunday that relies on both spending cuts and tax increases to reduce the nation's massive budget deficit and step up economic growth...
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November 18, 2011
Monti’s Plans for Italy Win Vote of Confidence in Senate
Mario Monti and his government of technocrats won their first vote of confidence on Thursday after the recently sworn-in prime minister presented an ambitious program to stimulate economic growth before the Italian Senate...
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November 17, 2011IMF Awaits Political Support Before Releasing Greek Aid
The International Monetary Fund won't release Greece's next tranche of aid until there is broad political support for the austerity measures that are a condition of the loan, according to an IMF spokesman.
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