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Austerity Measures

Nov 10, 2015 at 12:33 | Source: Moneycontrol.com
According to Angel Broking, Euro is expected to trade negative after the Euro zone finance ministers decided of not releasing US$2.2 billion in loans to Greece as Athens failed to deliver on a number of austerity measures and reforms agreed on in July as part of a ballot package between Greece and its creditors.
Jul 21, 2015 at 18:19 | Source: PTI
Fears of possible Greece's exit from the euro currency union - which could have resulted in adverse consequences for the global financial markets - have receded with the debt-laden country agreeing to strict austerity measures in return for more funds from Europe.
Jul 15, 2015 at 07:38 | Source: CNBC
The IMF's stark warning on Greece's debt came as Prime Minister Alexis Tsipras struggled to persuade deeply unhappy leftist lawmakers to vote for a package of austerity measures and liberal economic reforms to secure a new bailout.
Feb 12, 2015 at 08:26 | Source: PTI
New Greek Prime Minister Alexis Tsipras, whose hard-left Syriza party stormed to victory in elections on January 25, has vowed to tear up the bailout programme and end austerity measures imposed under it.
Jan 07, 2015 at 08:08 | Source: Reuters
The newspaper said the government was running scenarios for the Jan. 25 Greek election in case of a victory by the leftwing Syriza party, which wants to cancel austerity measures and a part of the Greek debt.
Nov 03, 2014 at 15:17 | Source: PTI
"While the FY15 targets are challenging, recent steps on fuel reforms, coupled with austerity measures, could enable the govt to meet its 4.1 percent fiscal deficit estimate," it said.
Oct 30, 2014 at 21:45 | Source: PTI
The finance ministry issued a circular today instructing government departments to cut discretionary spending by 10 percent. As part of these measures, it banned first class travel by government officials, meetings in five-star hotels, purchase of cars and froze new appointments.
Oct 30, 2014 at 16:39 | Source: IBNLive.com
As part of the measures, the government has announced cuts on 5-star seminars and foreign travel. The Finance Ministry says that foreign tours will need prior clearance of the Prime Minister's Office.
Jan 11, 2014 at 12:18 | Source: IBNLive.com
After deciding to cut down her security detail by half, not moving to the designated chief minister's house and stopping at traffic lights, Vasundhara Raje now wants ministers and officials to go down the same route. District collectors, SPs and ministers have been directed accordingly at the Collectors and SPs conference in Jaipur.
Oct 08, 2013 at 19:11 | Source: Reuters
Finance Minister P Chidambaram said that the ministry had issued austerity instruction which will bring in some savings. He also affirmed that there was no case for a downgrade in ratings for India.
Messages on Austerity Measures »

smartian

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Unitech  

as such is going to remain on the papers only unless, government gives a new shape and adds to GDP numbers, tame inflation, curb corruption and make new initiatives to tap the potentials which, as you very rightly say are very much available but needed to be harnessed. Adopting the austerity measure, cutting

2.41 PM Feb 10th 2013

smartian

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10740 Followers

News Now  

of subsidiary (phase wise), austerity measures on government spending (for which government/leaders themselves are answerable) and one of most neglected area (thrust being on agri related economy) at the village level. Since our economy/GDP is directly / indirectly linked by agri to the extent of 50

3.23 PM Jan 28th 2013

sumit050919
81

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NATURALGAS  

Confidence While investor confidence in Germany, Europe’s largest economy, rose to the highest in 2 1/2 years this month as debt tensions ease, high unemployment and continued austerity measures elsewhere are undermining household sentiment and spending. An index of euro-area consumer confidence

1.30 PM Jan 28th 2013

vimalkapoor
1964

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News Now  

The Chinese economy has shown signs of recovery with increase in export data this month, the new Japanese Govt has boosted the confidence by a slew of measures to stem the rot, Greece` parliament has passed new austerity measures and has been handed out the bail package, US has also postponed

1.56 PM Jan 22nd 2013

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Developed Markets  

Source:India Infoline - Italian public debt has swelled to its highest ever level, reaching 2.014 trillion euros ($A2.52 trillion) in October, the Bank of Italy has stated reportedly. The record figure highlights the country`s fragile financial state in spite of the raft of austerity measures

5.34 PM Dec 18th 2012

sukri1

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Commodities  

Italian public debt has swelled to its highest ever level, reaching €2.014 trillion ($2.64 trillion) in October, the Bank of Italy said Friday — highlighting the country`s fragile financial state in spite of the raft of austerity measures and reforms imposed by Prime Minister Mario Monti.

9.33 PM Dec 15th 2012

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Global Cap Mkts  

Source:Economic Times - LONDON: European shares slipped on Thursday after persistent concern about U.S. austerity measures that could hit growth in the world`s largest economy overshadowed fresh stimulus steps from the Federal Reserve. The FTSEurofirst 300 was off 0.1 percent at 1,138.60 by 0812

7.59 PM Dec 13th 2012

chitta73

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Indian indices  

ust 18 days remain, but President Barack Obama and the top Republican in Congress appear no closer to giving ground in negotiations aimed at avoiding the Dec. 31 austerity measures of big tax increases for all Americans and deep spending cuts that threaten to push the nation into a new recession

7.44 PM Dec 13th 2012

Loose_ur_Mo
ney

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Zylog Systems  

As IT firm , they can go for out-right austerity measures to bring down the employee cost, sack all the buffer pool, that is the first to let perish 10-15% of employees for sake of others to survive. Lots of MNC`s have done in past, CITI has done in week`s and months

7.15 PM Dec 1st 2012

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Source:Economic Times - LONDON: A leading European share index hit its highest closing level since July 2011 on Thursday, led by mining stocks, on increased optimism that U.S. politicians would reach a deal to avoid growth-sapping austerity measures. The pan-European FTSEurofirst 300 index

12.52 PM Nov 30th 2012

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