austerity

Time.com - As Eurozone finance ministers hold crisis talks, the Irish government fiercely denies it is seeking a bailout amid popular anger over a period of unmitigated excess

Tags: prevent, bailout,…

Time.com - Despite their anger over the government’s austerity measures, Greeks gave their support to George Papandreou’s ruling PASOK party in Sunday’s regional elections. Now the Prime Minister has to…

AP - Britain’s poor and powerful clashed Thursday over who will lose out most under austerity measures that will slash benefits, jobs and government services to reduce the country’s crippling…

AP - Britain’s Treasury chief George Osborne says the country’s government will make the largest cuts to public spending since World War II — slashing benefits and public sector jobs…

AP - Britain will lose thousands of troops, build new aircraft carriers without new fighter jets and delay a multibillion-pound upgrade to its nuclear deterrent under sweeping defense cuts being…

AP - Diesel and jet fuel supplies were running low Saturday in parts of France as workers took to the streets for another nationwide protest against President Nicolas Sarkozy’s plan…

AP - The Romanian government is in an uproar — the interior minister has resigned, the opposition is demanding that the prime minister join him and top police officials are…

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.

Tags: greek government, Minister,…

AP - The plan to rescue Greece from bankruptcy has kicked in, and with a vengeance. As the government slashes spending and hikes taxes, the deficit is way down —…

Time.com - After weeks of chiding its partners in Europe for slashing budgets and potentially stifling growth, France has announced its own raft of reforms and cuts. But still, the…