austerity measures

Greek Socialists lead in local polls (Reuters)

November 7th, 2010

Reuters - Greece’s ruling PASOK socialist party was ahead in most regions in crucial local elections on Sunday, an official estimate showed, in a boost for Prime Minister George Papandreou…

Greek prime minister: no new austerity measures (AP)

September 12th, 2010

Greek Prime Minister George Papandreou addresses the media during a news conference a day after his keynote speech on the economy in Thessaloniki, Greece on Sunday Sept. 12, 2010. The Greek government is planning no new austerity measures as part of efforts to pull the country out of debt, the prime minister said Sunday. (AP Photo/Dimitri Messinis)AP - The Greek government is planning no new austerity measures as part of efforts to pull the country out of debt, the prime minister said Sunday.


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Britain’s military braced for sharp spending cuts (AP)

August 1st, 2010

In this image made available Sunday Aug. 1, 2010, showing British soldiers from Somme Company providing security as Afghan National Army troops search compounds near the town of Sayedebad, Afghanistan, on day three of their operation named TOR SHEZADA. After various costly wars and a financial crisis which have left the government coffers bare, military officials and government ministers have to face the prospects of a diminishing capability in the future within the global military presence.(AP Photo/Corporal Barry Lloyd RLC, British Ministry of Defence) ** EDITORIAL USE ONLY **AP - Tens of thousands of troops, a gleaming new aircraft carrier, one or more of the nuclear-armed submarines that guarantees Britain’s place at the world’s top table: Something has…

Greek unions hold new general strike against cuts (AP)

May 20th, 2010

A television production assistant carries a picture of the Greek Prime Minister George Papandreou ahead of the filming for a Greek satirical TV show in Athens on Wednesday, May 19, 2010. The Finance Ministry building is seen in the background. Greece came within hours of defaulting, receiving billions of euro in rescue loans from 10 other European Union countries Tuesday, ahead of its deadline to repay a debt of around 9 billion euros in bonds that matured Wednesday. (AP Photo/Thanassis Stavrakis)AP - Greek workers held a general strike against the government’s austerity measures Thursday, two weeks after the previous day of protests deteriorated into rioting in which three people died…

Germany says likely to free Greek aid by Friday (AP)

May 2nd, 2010

Greece's Finance Minister George Papakonstantinou talks to the media during a press conference on Sunday May 2, 2010. Papakonstantinou has outlined harsh spending cuts and tax increases necessary to free up billions of euros in a joint International Monetary Fund and eurozone rescue for the debt-ridden country. Papaconstantinou said Sunday the government is faced with a 'choice between collapse or salvation' of the country, and has to implement the measures, which aim to reduce the budget deficit to below 3 percent of gross domestic product by 2014, from the current 13.6 percent of GDP. (AP Photo/Dimitri Messinis)AP - Greece outlined strict new austerity measures required by an international bailout and Germany’s finance minister said Sunday there was a good chance his country would approve its part of…

Greece hit by strikes, riots over austerity plan (AP)

March 11th, 2010

A riot police officer tries to avoid a stone and a flare during clashes in central Athens, Thursday, March 11, 2010. Savage street clashes erupted between rioting youths and police in central Athens Thursday as more than 30,000 people demonstrated during a nationwide strike against the cash-strapped government's austerity measures.(AP Photo/Petros Giannakouris)AP - Serious street clashes erupted between rioting youths and police in central Athens Thursday as some 30,000 people demonstrated during a nationwide strike against the cash-strapped government’s austerity measures.


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Greece hit by strikes over austerity plan (AP)

March 11th, 2010

Cancelled flights are seen on the departure board at Athens International Airport Eleftherios Venizelos during a strike in Spata on Thursday, March 11, 2010. Greek public transport was halted, flights grounded and state hospitals left with emergency staff only on Thursday as workers held yet another general strike to protest painful spending cuts. (AP Photo/Thanassis Stavrakis)AP - Greek police fired tear gas to disperse protesters throwing rocks and firebombs outside Parliament as more than 20,000 people marched through central Athens during a nationwide strike against…

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