Jun 22, 2016 at 20:40 | Source: PTI
Greece's left-led government wants easier budget saving targets after its currentmulti-billion euro bailout ends in 2018, a senior official said on June 22
Jun 20, 2016 at 15:04 | Source: Reuters
One listed Greek fund has frozen a 300 million euro (USD 340 million) investment plan, and another has put a share issue of at least 250 million euros under review, since the hikes were passed -- a footnote in a reform package that appeased the government's European creditors and avoided another cash crunch.
May 25, 2016 at 21:42 | Source: Reuters
The late-night compromise spared the battered European Union the risk of another Greek crisis this year, less than 12 months after Athens was on the brink of ejection from the currency area by rejecting austerity measures and defaulting on an IMF loan.
May 21, 2016 at 15:59 | Source: CNBC
Euro zone finance ministers are due to meet Tuesday to discuss Athen's progress on a strict austerity program that was agreed under its current 86 billion-euro (USD 96 billion) bailout package, as well as the possibility of granting it debt relief so the country can cope with its repayments, Reuters reported.
May 19, 2016 at 07:28 | Source: PTI
The country's reform program is under close scrutiny by its creditors - other European countries and the International Monetary Fund- and a successful review would release a substantial slice of rescue loans allowing Greece to pay off bonds due this summer.
Apr 19, 2016 at 19:56 | Source: CNBC-TV18
Calling this an act driven by geo-politics and not by economics, Oppenheimer senior analyst Fadel Gheit says it is not the US shale but Saudi Arabia, which is 'playing a game and using oil as a weapon' to austere supply in Asia from Iran and Russia.
Feb 26, 2016 at 13:19 | Source:
Finance minister shall be walking a tight rope to manage the fiscal austerity path. Though the chances of a slippage from the FRBM path are high, owing to 7th pay commission payouts, but these would to a certain extent get offset by higher revenues.
Jan 13, 2016 at 19:15 | Source: CNBC
The ultra-hardline regime in Saudi Arabia launched an austerity budget late last year to help combat a ballooning deficit.
Nov 10, 2015 at 12:33 | Source:
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.
Sep 22, 2015 at 08:21 | Source: Reuters
Voters gave Tsipras and his Syriza party the benefit of the doubt over a dramatic summer U-turn, when he ditched his anti-austerity platform to secure a new bailout and avert 'Grexit', a Greek exit from the euro zone.
Messages on Austerity »


Platinum Member



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

Wire News

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News Now  

EU-BUDGET:EU leaders strike deal on long-term austerity budget

10.06 PM Feb 8th 2013


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Hi AM -- you seem to be detective Quinn from Paul Auster`s The New Your Trilogy. Now reading Italo Calvino`s If On A Winter`s Night A Traveler. I read almost all of Orhan Pamuk. What are you reading? Suggest something.

9.38 PM Feb 8th 2013


Platinum Member


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


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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


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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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MF Investment Help  

Dear dreamcatch, 1. Our IT industry`s future still remains in a big question mark. Reasons: The growth for USA is still shaky with the debt cliff still hanging in uncertain territory, consequently, IT spending by US companies is still in austerity domain. Europe`s economic crunch is severe

1.49 PM Jan 21st 2013


Gold Member



For the last 9 yrs the govt forgot about austerity as cental govt fisc deficit went up up and above 5% along with inflation rate in double digits... Congress govt has landed the country in a price wage spiral accompanied by stagflation ...... No cut in fuel and fertilizer subsidy ... no reigning

11.28 PM Dec 20th 2012


Platinum Member


Glodyne Techno  

Sir same typ brgn hunt game trepped mny borders in Reserguere mine, Austeral coke, Texmo pipe, Bedmutha, Takshil n so many. So sir dis same old story continu coz nw ppl joinng d game and old running hme aftr hevy loss. So bargain hunt game will go so far dey get nw member. It is like paise duble

6.49 PM Dec 18th 2012

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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

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