Austerity
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Opinion | PM Modi's Austerity Appeal And The Bitter Economics Of 'Sacrifice'
In 2010, Athens was turned into a lab for austerity. The tidy logic was that Greece lived beyond its means and needed discipline for recovery. What followed was a decade of devastation - GDP contracted, hospitals ran out of medicines
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Congress Starts Austerity Drive, Asks MPs To Contribute Rs 50,000 A Year
From urging parliamentarians to use their air travel benefits instead of charging the party, to donating Rs 50,000 a year to the party's coffers, the opposition Congress party has announced a range of measures to cut costs and raise funds.
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"No Return To Austerity In New Spending Plan": UK Finance Minister Rishi Sunak
British finance minister Rishi Sunak said there would be no return to austerity in a spending plan he will announce on Wednesday, even as the coronavirus crisis pushes Britain's further above 2 trillion pounds ($2.7 trillion).
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No Gifts For VVIPs, Car On Hold In Maharashtra Governor's Austerity Order
The Governor of Maharashtra Bhagat Singh Koshyari today announced a series of austerity measures to reduce the expenses of Raj Bhavan so as to make more resources available for COVID-19 relief measures.
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Latest In Pak Austerity Drive, A Buffalo Auction At Imran Khan's House
The Pakistani premier's house milked its livestock reserves Thursday as dozens gathered for a buffalo auction in the capital Islamabad, in the latest push for Prime Minister Imran Khan's highly publicised austerity drive.
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UP Orders Strict Austerity Measures For Bureaucrats. Details Here
Rolling out strict austerity measures, the Uttar Pradesh government has asked its officials to curtail expenses on foreign visits, fly economy class and avoid holding lunch or dinner meetings at five-star hotels.
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Imran Khan Mocked For Daily Chopper Rides As Pak Goes On Austerity Drive
Lower-than-expected sales in an auction of Pakistani government vehicles have dealt another early setback to new Prime Minister Imran Khan's populist vow to raise quick revenues through cost-cutting, a campaign that has drawn both praise and ridicule.
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West Bengal Government Announces Austerity Measures
Curbs on frequent travel of officials to Delhi and other states, holding conferences and meeting at star hotels are among the measures announced by the West Bengal government to curtail "avoidable expenditure" of different departments, a senior government official said.
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UK Cabinet Ministers Tell Theresa May To End Austerity: Report
Prime Minister Theresa May is under pressure from her ministers to end the government's policy of economic austerity as a new poll shows her popularity has slumped, according to the Observer.
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Thousands In London Protest Against Austerity, Prime Minister Theresa May
Thousands of people marched through London on Saturday to protest at austerity and demand Prime Minister Theresa May's government resign after its disastrous showing in last month's election.
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Greeks Join Nationwide Strike Over New Round Of Bailout Reforms
The protest strike in Greece was called by the main public and private sector unions a day before parliament was due to vote on reforms that would unlock the next tranche of funds from an 86 billion euro bailout.
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No Wasteful Expenditure On Swearing-In Ceremony: Amarinder Singh
Stating that Punjab was in financial doldrums, Chief Minister-designate Amarinder Singh today decided to go in for a simple swearing-in ceremony as an austerity measure. "There will be nothing ostentatious about the oath-taking programme at the Raj Bhavan on Thursday morning, when Punjab Governor VP Singh Badnore will administer the oath of office ...
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As Saudi Austerity Starts To Bite, A Testing Time For Its Prince
Fahad bin Raja sells cars for a living in Saudi Arabia's capital. Abdullah Saeed drives them. In the kingdom's new age of austerity, both men are finding it harder to make ends meet.
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International Monetary Fund Austerity Deal Hurts Egyptians As Subsidies Are Cut, Prices Soar
A few years ago Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of subsidised baby milk. But rising prices mean his civil servant's salary barely lasts the month and the government is tightening its belt further.
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Young Greek Women Selling Sex For The Price of a Sandwich, New Study Shows
Young Greek women are selling sex for the price of a sandwich as six years of painful austerity has pushed the European country to the financial brink, a new study showed Friday.
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Opinion | PM Modi's Austerity Appeal And The Bitter Economics Of 'Sacrifice'
In 2010, Athens was turned into a lab for austerity. The tidy logic was that Greece lived beyond its means and needed discipline for recovery. What followed was a decade of devastation - GDP contracted, hospitals ran out of medicines
-
Congress Starts Austerity Drive, Asks MPs To Contribute Rs 50,000 A Year
From urging parliamentarians to use their air travel benefits instead of charging the party, to donating Rs 50,000 a year to the party's coffers, the opposition Congress party has announced a range of measures to cut costs and raise funds.
-
"No Return To Austerity In New Spending Plan": UK Finance Minister Rishi Sunak
British finance minister Rishi Sunak said there would be no return to austerity in a spending plan he will announce on Wednesday, even as the coronavirus crisis pushes Britain's further above 2 trillion pounds ($2.7 trillion).
-
No Gifts For VVIPs, Car On Hold In Maharashtra Governor's Austerity Order
The Governor of Maharashtra Bhagat Singh Koshyari today announced a series of austerity measures to reduce the expenses of Raj Bhavan so as to make more resources available for COVID-19 relief measures.
-
Latest In Pak Austerity Drive, A Buffalo Auction At Imran Khan's House
The Pakistani premier's house milked its livestock reserves Thursday as dozens gathered for a buffalo auction in the capital Islamabad, in the latest push for Prime Minister Imran Khan's highly publicised austerity drive.
-
UP Orders Strict Austerity Measures For Bureaucrats. Details Here
Rolling out strict austerity measures, the Uttar Pradesh government has asked its officials to curtail expenses on foreign visits, fly economy class and avoid holding lunch or dinner meetings at five-star hotels.
-
Imran Khan Mocked For Daily Chopper Rides As Pak Goes On Austerity Drive
Lower-than-expected sales in an auction of Pakistani government vehicles have dealt another early setback to new Prime Minister Imran Khan's populist vow to raise quick revenues through cost-cutting, a campaign that has drawn both praise and ridicule.
-
West Bengal Government Announces Austerity Measures
Curbs on frequent travel of officials to Delhi and other states, holding conferences and meeting at star hotels are among the measures announced by the West Bengal government to curtail "avoidable expenditure" of different departments, a senior government official said.
-
UK Cabinet Ministers Tell Theresa May To End Austerity: Report
Prime Minister Theresa May is under pressure from her ministers to end the government's policy of economic austerity as a new poll shows her popularity has slumped, according to the Observer.
-
Thousands In London Protest Against Austerity, Prime Minister Theresa May
Thousands of people marched through London on Saturday to protest at austerity and demand Prime Minister Theresa May's government resign after its disastrous showing in last month's election.
-
Greeks Join Nationwide Strike Over New Round Of Bailout Reforms
The protest strike in Greece was called by the main public and private sector unions a day before parliament was due to vote on reforms that would unlock the next tranche of funds from an 86 billion euro bailout.
-
No Wasteful Expenditure On Swearing-In Ceremony: Amarinder Singh
Stating that Punjab was in financial doldrums, Chief Minister-designate Amarinder Singh today decided to go in for a simple swearing-in ceremony as an austerity measure. "There will be nothing ostentatious about the oath-taking programme at the Raj Bhavan on Thursday morning, when Punjab Governor VP Singh Badnore will administer the oath of office ...
-
As Saudi Austerity Starts To Bite, A Testing Time For Its Prince
Fahad bin Raja sells cars for a living in Saudi Arabia's capital. Abdullah Saeed drives them. In the kingdom's new age of austerity, both men are finding it harder to make ends meet.
-
International Monetary Fund Austerity Deal Hurts Egyptians As Subsidies Are Cut, Prices Soar
A few years ago Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of subsidised baby milk. But rising prices mean his civil servant's salary barely lasts the month and the government is tightening its belt further.
-
Young Greek Women Selling Sex For The Price of a Sandwich, New Study Shows
Young Greek women are selling sex for the price of a sandwich as six years of painful austerity has pushed the European country to the financial brink, a new study showed Friday.
