Austerity http://www.globalpost.com/taxonomy/term/24312/all en UPDATE 1-Greek PM tells Germany making big efforts to reform http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-1-greek-pm-tells-germany-making-big-efforts-reform <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Greek people making big sacrifices to overcome crisis,<br /> says PM</p> <p>* Germany's Merkel backs Samaras reforms</p> <p>* Merkel says EU must agree more reforms by June summit</p> <p>BERLIN, Jan 8 (Reuters) - Greece is making enormous efforts<br /> to get its economy back on track despite the pain this involves<br /> for its citizens, its prime minister Antonis Samaras said on<br /> Tuesday on a visit to Germany, chief champion of austerity in<br /> Europe.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-1-greek-pm-tells-germany-making-big-efforts-reform" target="_blank">read more</a></p> Angela Merkel Antonis Samaras Austerity Europe Eurozone Government Greece International relations Person Career Person Communication Person Party Quotation Thomson Reuters Tue, 08 Jan 2013 14:15:11 +0000 5731600 at http://www.globalpost.com UPDATE 3-Greek subway workers end strike after arrest threat http://www.globalpost.com/dispatch/news/thomson-reuters/130125/update-1-greek-police-storm-metro-workers-sit-strike-goes <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Traffic slowly resumes on Athens subway lines</p> <p>* Subway workers' strike went into ninth day</p> <p>* Police break up occupation of subway train depot (Recasts with end of strike, minister, union comments)</p> <p>By Karolina Tagaris</p> <p>ATHENS, Jan 25 (Reuters) - Striking Greek subway workers trickled back to work on Friday after the government threatened them with arrest, ending a nine-day walkout that paralysed public transport in Athens.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130125/update-1-greek-police-storm-metro-workers-sit-strike-goes" target="_blank">read more</a></p> Austerity Business Entertainment Fiscal policy General Confederation of Greek Workers International Trade Union Confederation Labor Labour relations Law Politics Social Issues Strike action Technology Thomson Reuters Fri, 25 Jan 2013 09:30:33 +0000 5739248 at http://www.globalpost.com Greek protesters occupy ministry office, clash with police http://www.globalpost.com/dispatch/news/thomson-reuters/130130/greek-protesters-occupy-ministry-office-clash-police <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>ATHENS, Jan 30 (Reuters) - Greek anti-austerity protesters stormed the office of the labour minister on Wednesday and clashed with police after 30 demonstrators were arrested.</p> <p>The scuffles erupted after police detained members of the Communist-affiliated PAME group who had forced their way into the ministry and occupied Labour Minister Yannis Vroutsis's office for about two hours.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130130/greek-protesters-occupy-ministry-office-clash-police" target="_blank">read more</a></p> Anti-austerity protests Austerity Education Labor Law Politics Protests Religion Social Issues War Thomson Reuters Wed, 30 Jan 2013 17:15:34 +0000 5741616 at http://www.globalpost.com Greece reels from new strikes against austerity http://www.globalpost.com/dispatch/news/afp/130131/greece-reels-new-strikes-against-austerity <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Greece reeled on Thursday from fresh strikes against austerity measures, with walkouts by groups ranging from sailors to doctors to transport workers causing disruptions.</p> <p>Greeks also held scattered protests against the measures the coalition government enacted in return for vital EU-IMF funds to avoid bankruptcy.</p> <p>Sailors kicked off a two-day walkout, buses and trains were at a standstill and civil servants held a three-hour work stoppage against the government's cutbacks.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/greece-reels-new-strikes-against-austerity" target="_blank">read more</a></p> Austerity Business Economics International relations Politics AFP Thu, 31 Jan 2013 18:30:30 +0000 5742073 at http://www.globalpost.com Strike halts ferry services in Greece http://www.globalpost.com/dispatch/news/afp/130202/strike-halts-ferry-services-greece <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>A strike by maritime workers has suspended most ferry services in island-dotted Greece in the latest action against austerity cuts, officials said on Saturday.</p> <p>"The majority of maritime connections towards the islands will not be carried out," a merchant marine ministry spokesman told AFP.</p> <p>The maritime workers' union decided to suspend services after "fruitless" talks on Friday with Merchant Marine Minister Costin Moussouroulis.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130202/strike-halts-ferry-services-greece" target="_blank">read more</a></p> Austerity Fiscal policy Macroeconomics AFP Sat, 02 Feb 2013 14:46:14 +0000 5743925 at http://www.globalpost.com UPDATE 1-Greek seamen, farmers protest against government cuts http://www.globalpost.com/dispatch/news/thomson-reuters/130203/update-1-greek-seamen-farmers-protest-against-government-cuts <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Seamen on strike, islands cut off</p> <p>* Vegetable shortages feared in Athens</p> <p>* Farmers blocked roads, handed out rice to drivers</p> <p>ATHENS, Feb 3 (Reuters) - Greek seamen extended a strike to protest against government austerity for a further 48 hours on Sunday, meaning dozens of islands will have been cut off from the mainland for six days.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130203/update-1-greek-seamen-farmers-protest-against-government-cuts" target="_blank">read more</a></p> Austerity Fiscal policy Macroeconomics Politics Thomson Reuters Sun, 03 Feb 2013 17:11:07 +0000 5744597 at http://www.globalpost.com Drinkers in Mulligan's pub downbeat despite Irish debt deal http://www.globalpost.com/dispatch/news/thomson-reuters/130207/drinkers-mulligans-pub-downbeat-despite-irish-debt-deal <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Pubgoers cynical as they watch PM's announcement</p> <p>* Austerity to continue despite multi-billion euro savings</p> <p>By Stephen Mangan</p> <p>DUBLIN, Feb 7 (Reuters) - Watching from behind pints of Guinness as their prime minister announced an historic deal to reduce Ireland's debt mountain, the drinkers at Mulligan's pub in central Dublin were in no mood to open the champagne.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130207/drinkers-mulligans-pub-downbeat-despite-irish-debt-deal" target="_blank">read more</a></p> Austerity Europe Fiscal policy Social Issues Thomson Reuters Thu, 07 Feb 2013 21:45:12 +0000 5749414 at http://www.globalpost.com French economy shows zero growth in 2012: official data http://www.globalpost.com/dispatch/news/afp/130214/french-economy-shows-zero-growth-2012-official-data <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The French economy shrank by 0.3 percent in the fourth quarter of 2012 and growth was zero for the whole year, data from the statistics institute INSEE showed on Thursday.</p> <p>This marked a sharp slowdown from growth of 1.7 percent in 2011, and Finance Minister Pierre Moscovici acknowledged that the government would now have to rethink its forecast for growth this year of 0.8 percent.</p> <p>"We note that the figure for 2012 is not good, around zero, and so we also know that growth for 2013 will have to be re-thought," he told France 2 radio.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130214/french-economy-shows-zero-growth-2012-official-data" target="_blank">read more</a></p> Austerity AFP Thu, 14 Feb 2013 19:21:11 +0000 5755911 at http://www.globalpost.com Thousands rally against Portugal austerity http://www.globalpost.com/dispatch/news/afp/130216/thousands-rally-against-portugal-austerity <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Thousands of protesters rallied in Portugal on Saturday against austerity measures imposed on the country by its international creditors.</p> <p>Answering a call from the CGTP, Portugal's leading union, some 5,000 protesters marched in Lisbon and organisers said tens of thousands rallied in about 20 cities across the country.</p> <p>"We want to break with the commitments made in return for the rescue plan, break with right-wing policies, demand the resignation of the government and new elections," union chief Armenio Carlos said.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130216/thousands-rally-against-portugal-austerity" target="_blank">read more</a></p> Austerity Business Europe Fiscal policy Politics AFP Sat, 16 Feb 2013 20:45:44 +0000 5757785 at http://www.globalpost.com Stars lash out at government austerity at Spain film awards http://www.globalpost.com/dispatch/news/afp/130218/stars-lash-out-at-government-austerity-at-spain-film-awards <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Spanish stars lashed out at government austerity measures at the prestigious Spanish film awards, the Goyas, on Sunday which saw Pablo Berger's "Blancanieves" take the top film award.</p> <p>The critical tone of the ceremony was set by presenter Eva Hache's opening monologue which touched on spending cuts to health and eduction and allegations of slush fund financing at the ruling Popular Party and corruption by the Spanish king's son-in-law Inaki Urdangarin.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130218/stars-lash-out-at-government-austerity-at-spain-film-awards" target="_blank">read more</a></p> Austerity Business Entertainment Goya Goya Awards Health Human Interest Labor Social Issues AFP Mon, 18 Feb 2013 10:30:58 +0000 5758807 at http://www.globalpost.com PM says no new austerity despite growth forecast cut http://www.globalpost.com/dispatch/news/afp/130219/pm-says-no-new-austerity-despite-growth-forecast-cut <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Prime Minister Jean-Marc Ayrault said on Tuesday that the French government was not planning further spending cuts after admitting that the 2013 growth forecast would be cut, thus disrupting budget plans.</p> <p>Speaking before Socialist deputies, Ayrault said the government "won't announce a package of spending cuts for 2013," according to one lawmaker.</p> <p>French President Francois Hollande, speaking during a visit to Athens, said: said: "Today everybody knows that we will not reach 0.8 percent (of growth) as forecast."</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130219/pm-says-no-new-austerity-despite-growth-forecast-cut" target="_blank">read more</a></p> Austerity Business Entertainment Fiscal policy Macroeconomics Politics Social Issues AFP Tue, 19 Feb 2013 13:01:11 +0000 5759848 at http://www.globalpost.com UPDATE 5-Thousands of Greeks rally in anti-austerity strike http://www.globalpost.com/dispatch/news/thomson-reuters/130220/update-1-anti-austerity-strike-brings-greece-standstill <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Unions strike over wage cuts and high taxes</p> <p>* Tens of thousands rally outside parliament</p> <p>* Police fire tear gas in scuffles with hooded youths</p> <p>* Strike paralyses transport, hospitals and schools</p> <p>By Renee Maltezou and Lefteris Papadimas</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130220/update-1-anti-austerity-strike-brings-greece-standstill" target="_blank">read more</a></p> Anti-austerity protests Austerity Business Economic policy Fiscal policy General Confederation of Greek Workers Labor Labour relations Law Politics Public economics Thomson Reuters Wed, 20 Feb 2013 07:30:26 +0000 5760769 at http://www.globalpost.com EU urges welfare spending to ease social tensions http://www.globalpost.com/dispatch/news/afp/130220/eu-urges-welfare-spending-ease-social-tensions <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The costs of austerity in terms of social tensions are very serious and EU states must make more effective use of resources available to ease the impact, the European Commission said Wednesday.</p> <p>EU Social Affairs Commissioner Laszlo Andor said Brussels wants member states to prioritise social investment and modernise their welfare systems, setting down a series of guidelines on how best to do so.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130220/eu-urges-welfare-spending-ease-social-tensions" target="_blank">read more</a></p> Austerity Business Economics European Union Fiscal policy War AFP Wed, 20 Feb 2013 15:45:52 +0000 5761194 at http://www.globalpost.com ANALYSIS-Bulgarian crisis ill omen for struggling emerging Europe http://www.globalpost.com/dispatch/news/thomson-reuters/130221/analysis-bulgarian-crisis-ill-omen-struggling-emerging-europe <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Austerity-minded governments weakening, may try populism</p> <p>* Four countries have elections this year and next</p> <p>* Public anger could benefit political fringe</p> <p>By Michael Winfrey</p> <p>SOFIA, Feb 21 (Reuters) - The violent protests that forced Bulgaria's cabinet from power this week underscore the lose-lose situation facing the European Union's newest members as they struggle to stop economic downturn and stem growing public anger.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130221/analysis-bulgarian-crisis-ill-omen-struggling-emerging-europe" target="_blank">read more</a></p> Austerity Business Fiscal policy Government Human Interest Thomson Reuters Thu, 21 Feb 2013 16:00:27 +0000 5762273 at http://www.globalpost.com French ministries told to cut spending http://www.globalpost.com/dispatch/news/afp/130221/french-ministries-told-cut-spending <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>French ministries have been informed how much to cut spending in order for the government to generate 2 billion euros ($2.6 billion) in savings this year, the finance ministry said Thursday.</p> <p>Nearly all ministries have been hit by the cuts, which Budget Minister Jerome Cahuzac first announced last month, with only priority areas of justice, security, education and employment spared the full effect.</p> <p>The defence ministry was told to cut spending by 384 million euros and that higher education and research budget told to freeze 250 million euros in spending.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130221/french-ministries-told-cut-spending" target="_blank">read more</a></p> Austerity Business Finance minister Fiscal policy AFP Thu, 21 Feb 2013 20:46:14 +0000 5762617 at 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