austerity

For most people, dispensing with a personal dresser and an official companion for a foreign trip does not count as the height of austerity.

Or a government trying to impose austerity might be replaced by one that rejects it.

There is no sign yet that investors are panicking over the size of the fiscal deficit or the lack of any medium-term austerity plan.

Mixing the austerity needed to fix Britain's finances with the sort of good cheer that helps to win elections is not easy.

Discipline, as we said, is learning, and learning about austerity does not bring about violence to oneself or to another.

But Portugal, facing years of austerity and low growth, may not be inclined to join in the general rejoicing.

Judged by the claims of those who welcome the new fiscal austerity, as well as those who fear it, a gigantic fiscal blow is about to land.

Europe is likely to go through a weak period as governments implement more austerity measures in the face of a weak economy.

But Samaras said the new Democratic Party will not accept any form of fiscal austerity.

And I see no sign at all that European policy elites are ready to rethink their hard-money-and-austerity dogma.

But the price of any EU bail-out of Greece is likely to be savage austerity measures, overseen by officials sent in from Brussels.

And after all that effort, the austerity plan failed to do the trick; Britain left the gold standard within months.

His resignation came with a caveat in which he stated he would move aside once austerity measures were installed.

Most leaders therefore find currency devaluation so unthinkable that, at first glance, austerity seems to be the only choice.

Reneging on our commitments to the world's poor cannot be an austerity measure, " she said. "

For the moment, President Nicolas Sarkozy has no such broader austerity plan. But he will need one soon.

Spending cuts and other austerity measures "might be an effective tool to contain the crisis, " he said.

After several years of austerity, people are realizing that a cruise vacation is now one of the great values in travel.

Mr Abdullah said the measures would be financed by a government austerity campaign and by delaying plans for some infrastructure projects.

Antonis Samaras, leader of the opposition New Democracy party, said he would vote against the austerity programme in parliament.

Public transport strikes in London and France this week told everyone what they already knew but many had yet to feel: austerity will hurt.

Voters in countries currently implementing very tough austerity programmes have to see some light at the end of the tunnel.

Given taxes cannot be raised enough, America has no choice but to enter our own age of austerity, via long-term spending reductions.

Since reform tends to require lubrication, opening up the public services at a time of austerity was always likely to be tough.

As Chicago attempts to provide services in an era of greater austerity, doing things as they have always been done is no longer an option.

It might be partly owing to the studied austerity of her dress, and partly to the lack of demonstration in her manners.

Her suggestions that Britain's austerity may be have gone too far was met with a cold shoulder in London.

After the second austerity vote was passed in Greece, market fears about a possible default have been put to bed for now.

'In many corners' of the world austerity was instituted 'in too harsh a way' without letting growth take hold, she said last week.

A speech he gave in August on the danger to the economic recovery from the government's austerity plan was the most acclaimed of the race.

First, NATO 3. 0 aims to turn the age of austerity to its advantage and become an important resource for defence procurement.

Voters' support for ongoing austerity depends on a disproportionate share of any new revenue coming from the wealthy.

Austerity measures are unable to break the deadlock, and in fact can only accelerate a downward economic spiral.

Europe will be pursuing austerity, China is trying to rein in bank lending but America has opted for another fiscal stimulus.

In a period of austerity, suddenly the question of how society distributes its benefits and burdens becomes more salient.

At a time of financial austerity, public health must show a thirst for efficiency and an intolerance of waste.

G20 officials said the US had been the most concerned about the new austerity drive and feared for the momentum for global growth.

In return for more outside help, Greece's government has agreed to more fiscal austerity and yet bolder reforms, including privatisation.

Even as the financial crisis set in a year later, he banned the term "austerity" , a word that was said to scare the faint-hearted French.

But we do need to act convincingly to curb future deficits. Austerity can't be fun, but how painful it will be is still partially up to us.

And "austerity" was at the top. The company made its list based on how often people looked up definitions using its online dictionary.

He even goes so far as to say that the inflexible austerity of one man is the foundation of a republic.

ANOTHER bad week for Europe, featuring sit-ins in Spain, a lowered ratings outlook for Italy and yet another austerity plan for Greece.

Until recently the argument was that Italy and Spain, unlike Greece, were illiquid but solvent given austerity and reforms.

George Osborne, the chancellor, had tied his hands for this Budget by committing to austerity measures.

But once the most acute market pressure was relieved, Mr Berlusconi began to backtrack on his austerity measures, to the fury of Germany.

Portugal's prime minister resigned on March 23rd after failing to win support for the fourth austerity package in a year.

If it needs to, the ruling party can drum up regional support by offering devolution that does not compromise fiscal austerity.

Ignacio Toxo, head of Comisiones Obreras, said the austerity measures will prolong the economic crisis.

People are unlikely to be receptive to a message of voluntary austerity in the midst of a severe economic downturn.

This higher path reflects a slower pace of economic recovery rather than any let-up in the chancellor's zeal for fiscal austerity.

Traders fear that the austerity measures being put in place in many euro zone countries will hit growth.

To secure the fresh funds promised by the eurozone last week, the Greek government has had to commit to years of strict austerity.

One would think that austerity would be a good thing for a nation with a crushing debt load that's 120% of its GDP like it is in Italy.

Farming was changing, though. After years of austerity, the British wanted more, but not more expensive, food.

"This is a new way to attract high net worth individuals in a time of austerity, " she said.

The ECB's monetary tightening was all the more uncalled for as countries on the periphery had to undertake fierce austerity programmes.

The European Union and the International Monetary Fund (IMF) have made tough austerity measures a condition of any bailout.

In the long run, "I think time is on the side of the euro, " he said, provided countries stick to austerity budgets.

Shiva, satisfied by this austerity, decided to grant him, as a reward, whatever gift he desired.

In the face of adversity, they assure us that what cannot be achieved by austerity can be achieved by more austerity.

As I wrote a few weeks ago, the British, unlike Americans, have positive memories of wartime austerity and even rationing.

As a consequence, governments across Europe are adopting austerity measures to outflank the positions of these speculators.

Britain may be entering another age of austerity, but nearly $15 billion has been spent on sprucing up the capital for the 2012 Olympics.

The vote on the latest round of austerity measures took place in the middle of a 48-hour general strike.

Olli Rehn, the EU's top economic official, emphasised the need for the austerity package to be approved by the end of the month.

Shanghai had previously promised to hold a restrained opening ceremony, appropriate for the austerity of a post-financial crisis world.

The rich countries also seem to underestimate the risks that fiscal austerity poses to domestic demand.

Politicians seem torn: having agreed austerity measures for the general population, they cannot endorse lavish pay in high finance.

Without austerity there is no love, and without self-abandonment beauty has no reality.

The name chosen by prime minister Mario Monti for the austerity package announced on Sunday could have hardly been more telling.

The European Union's toughest advocate of austerity gave a positive message, even if it was typically cautious.

One caustic critic referred to claims about the expansionary effects of austerity as amounting to belief in the "confidence fairy. "

We must do our job with our eyes and minds wide open to the reality of a new era of financial austerity.

Or will Iceland, Latvia and other debtors be plunged into austerity in an attempt to squeeze out an economic surplus to avoid default?

In a time of austerity, then, value for money is even more important than it might otherwise be.

However, in these times of austerity and changing models of IT delivery, we as customers have to prioritise license management.

Recent events, above all the austerity death spiral in Europe, have dramatically illustrated the truth of Fisher's insight.

Unfortunately, European voters and politicians are simply unprepared for the age of austerity that lies ahead.

Merkel reiterated on Wednesday that Germany expected Greece to implement an "ambitious" austerity programme if it wanted a helping hand.

First-quarter data suggested Athens had so far managed to stay on track with the IMF- designed austerity programme.

Fierce austerity measures, imposed on a country that was told it did not need them, are unlikely to improve it.

But for now, lower bond yields and a stronger dollar are the route through which American spending will rise to counter European austerity.

Some of them cite a new age of austerity, coupled with the pressure to keep family life intact in their hometowns.

And Spain and Portugal, which markets saw as potentially the next Greece, would have to adopt fresh austerity measures.

In any case, Germans have never quite got over the anxiety that they developed in those years of austerity.

You should instead seek one who would be less demanding, more liberal, and who could compensate for the austerity of your parents.

LATVIA'S self-discipline in the face of a sharp economic downturn and tough austerity measures gets plenty of praise.

Rising domestic confidence is not the only route to growth amid austerity.

Members of a labor union just occupied part of the finance ministry to protest against the planned austerity measures.

In June he said that "the idea that austerity measures could trigger stagnation is incorrect. "

Committed as he is to austerity, in his budget Mr Osborne is likelier to reform taxes than to cut them.

The pain may be most intense in southern Europe, where the pressure for austerity is greatest, but the core economies will also be hurt.

The dollar was mixed across the board and softer against the euro ahead of this week's Greek austerity vote and amid soft U.

When they hammered out a joint programme for government, the main theme other than austerity was decentralisation.

Customarily, the austerity measures have to be in place as the aid package takes effect.

Mr Samaras has taken an equivocal position, arguing against the means of austerity rather than the end of budget targets.

Austerity is better than raising taxes in closing the U. S. budget deficit, Greenspan said.

But there is no evidence that short-run fiscal austerity in the face of a depressed economy reassures investors .

Given the weakness of domestic demand under such a fiscal austerity programme, Italy will need export-led growth.

Even economists that scorn calls for government austerity at the moment call for reduced debt levels tomorrow.

All this is now changing dramatically, however, thanks to technology, austerity and greenery.

Britain has been largely untouched by the massive protests against government austerity cuts that have swept some parts of Europe.

France, moreover, has expressed scepticism about the cost at a time of austerity.

In Ireland's case, investors will probably calculate that the Irish economy will be strong enough to weather continued austerity.

The rationale was similar to that for chancellor Philip Snowden's emergency austerity budget of 1931, with its tax rises and spending cuts.

Of course, Greece may be able to cut its long-term bond yields if the austerity plan is pushed through.

IRISH businessmen like to say that the country has "first-mover advantage" when it comes to austerity.

So the double rejection of his government has worried financial markets, already jumpy about resistance to austerity in Greece and Portugal.

A bit more growth and a bit less austerity might take the edge off public anger.

Because the austerity plan is the price of that help, Greece's politicians had no choice but to vote for it.

You know, sir, austerity in self-abandonment is beauty.

Voters might reasonably have expected a degree of austerity from the conjunction of Republicans in the White House, Senate and House.

Painful austerity is an essential condition for lasting growth, but it is not enough on its own.

Across the Atlantic, in Europe, fiscal austerity is occurring just when inflation is rising, a difficult combination.

Greek labor unions were planning a general strike and a mass protest on Wednesday against the country's economic austerity measures.

Mr. Barroso said in a statement that passage of the austerity measures was a 'necessary condition' for more aid.

Their resistance could bring the new "age of austerity" to a grinding halt.

But fiscal austerity has threatened the ability of both to live up to those grandiose ambitions.

The big question continues to be: can European economies manage their aggressive austerity plans against a backdrop of lagging growth?

Europe's answer has been austerity: savage spending cuts in an attempt to reassure bond markets.

The other alternative is to raise consumer prices or impose austerity measures. History shows that such moves can be politically dangerous.

Avoiding policy sequela and reducing the social costs of austerity are the objectives to be seriously. . .

Specifically, demands for ever-harsher austerity, with no offsetting effort to foster growth, have done double damage.

The response shows just how fraught the coming period of reconciling forced austerity with equity is going to be.

This is the last thing we need at a time of deepening financial austerity worldwide.

The amicable nature of the talks was emphasised when the Chinese delegation lavished praise on Mr Osborne's fiscal austerity programme.

AUSTERITY is a word much found on the lips of politicians and economists at the moment; but it is seldom heard from technologists.

What began as a protest against harsh austerity measures and government corruption turned deadly on May fifth, when a bank was firebombed.

They also took a while to adapt their good-time economic message to the language of public austerity.

In most rich countries the detailed plans for fiscal austerity contrast sharply with a lamentable lack of microeconomic ambition.

How can they accomplish all this while still guaranteeing fiscal austerity?

Current attempts at fiscal and monetary austerity will only serve to hasten the eventual demise of these fear-based institutions.

Temporary spending to pick up economic slack may be useful but the long-term benefits of austerity seem clear.

They say the proposed rise is unacceptable at a time when member governments are imposing austerity measures.

But as the crisis persists, austerity drags on and the euro zone integrates to save itself, the legitimacy of the enterprise will suffer.

The meeting comes at a crucial juncture for Greece, with the country's parliament set today to vote on a new round of austerity measures.

The new Italian prime minister, Mario Monti, is expected to submit details of a fresh austerity package to the eurogroup meeting.

It is too soon to know just how austerity will play out in Scotland, and Mr Salmond's ability to defy gravity should never be underrated.

The austerity measures have at least proved popular in financial markets.

Britain's coalition government has reaffirmed its commitment to austerity with this week's budget, and America has begun to cut spending.

Austerity is unavoidable, but Spain, Portugal, Ireland and others cannot be condemned to semi-permanent deflation.

Italy's passing of austerity measures, however, may not be enough to quell market concerns.

In contrast, eurozone members face years of austerity to reduce large fiscal deficits.

But tea seems to be an austerity-era way to splash out.

If the system was to endure, austerity on one side had to be balanced by growth on the other.

And in his new position, he's setting out to emulate the austerity policies Ireland implemented after its bubble burst.

So the president must also tell voters that the longer-term solution to America's economic insecurity involves both austerity and sacrifice.

Over the weekend, the Italian Parliament approved austerity measures sought by the European Union to cut spending and stimulate growth.

A vote on the austerity package is expected at the end of this month, but Mr. Papandreou must first survive a vote of confidence Tuesday.

Members of the Greek parliament have passed a second austerity bill securing continuing financial support from international creditors.

Fiscal austerity in Germany can only reduce demand for eurozone products, and result in lower German inflation.

Are tanks going to be sent into Dublin if Ireland doesn't stick to its austerity program?

In an age of austerity, every million dollars counts.

Members of the Greek parliament have past a second austerity bill, securing continuing financial support from international creditors.

The main task of the new administration is to push through the bailout and austerity deal agreed with the EU.

An IMF and EU delegation walked out of talks with the Hungarian government after failing to agree on fresh austerity measures.

The Age of Entitlement was about maximizing economic growth; the Age of Austerity will be about minimizing economic reverses.

However unpopular it may prove to be, an austerity package is needed to prevent Greece from falling into this debt trap.

In its wisdom, the troika imposed policies of severe austerity and deregulation consistent with the neoliberal ideology of the EU.

And the numbers for Greece are grim: even if one assumes three years of austerity, the country's debt burden will have risen to 140% of GDP.

Once the D-Mark had been subsumed in a single currency, the austerity versus growth argument would finally be settled.

TAX-COLLECTORS and customs officers in Greece have already walked out in protest against planned austerity measures by the government.

Austerity misery -- coming soon to the U. S. -- has sparked serious upheavals in numerous Western nations.

Second, Pigou and Keynes (as well as the other signatories) caution against both private sector and public sector austerity.

The United States has warned against implementing austerity plans too quickly, while Germany says such moves are needed urgently.

Italy didn't take on this 55 billion euro austerity plan on a whim -- it was essentially forced to do it by the European Central Bank.

purity, contentment, austerity, self-study, and surrender to god are the laws to be observed.

As Paul Krugman points out, without a dramatic currency devaluation, austerity leads to stagnation and contraction, not expansion.

ONE by one, euro-zone governments have been confecting austerity plans in a bid to reassure jumpy bond markets.

That the Greek economy is in a downward spiral from a relentless program of austerity is well known.

Radical fiscal austerity plans among nations along the euro-zone periphery threaten to shrink gross domestic product faster than deficits.

How often he had been pitied for the austerity of the work, the bareness of the rewards!

The stubbornly poor economic numbers vindicate calls for a slower pace of austerity , says the Labour opposition, led by Ed Miliband.

The Irish government has unveiled a range of tough austerity measures designed to help solve the country's debt crisis.

However, he was emphatic that the agreement as it stood did too little to ensure Europe could escape its austerity trap.

To pursue austerity in the hope that monetary policy can reliably be used to undo any untoward effects, is, in short, sheer folly.

Left-wing members of the European Parliament are in a quandary. They want "more Europe" , but in this case more Europe means more austerity.

Why is the democratic world faring so much worse in this crisis than its authoritarian rivals? It's the austerity, stupid.

In a time of austerity, how do we set priorities?

But a flurry of recent data suggests that Spain's severe austerity policies are working, albeit with much pain remaining ahead.

Therefore, a piece of warm and tidy clothes can't reveal the wealth and austerity of a family.

The measures represent a strong fiscal austerity package that was promptly attacked by labour unions and the opposition.

Investors worry that the country's politicians will be unable to impose the fiscal austerity they promise.

Investors have been unnerved by the political disputes over a new austerity package in Rome.

Greece is more likely to buckle under austerity and quit after a succession of governments like the new one.

That surge was seen by investors as a sign that a slowdown in Europe due to the adoption of austerity measures may not hinder global growth.

Some of their demands focused on the fiscal side, with calls for immediate austerity despite low borrowing costs and high unemployment.

Discussions about medium-term austerity need to be coupled with a focus on near-term growth.

The austerity and reforms Italy needs for medium-term sustainability will make its recession worse for a while.

But Ireland is now in its third year of austerity, and confidence just keeps draining away.

Greek public-sector workers went on strike for a day to protest against the government's planned austerity measures.

Twice since the summer, as the economic outlook has worsened, the government has responded with emergency budget-austerity measures.

True, only a few countries are being forced into austerity by bond markets.

Tens of thousands of public sector workers in Romania have gone on strike to protest against government austerity measures.

Austerity drives and deficit cuts would not damage growth but would restore confidence.

Austerity and a rescue are now under way, though a descent of Greece into anarchy could yet throw them off course.

With each country going its own way and determining its own austerity measures, the eurozone lacks a unified response to the crisis.

But it hasn't dispelled doubts that member-states lack the political will to enact austerity measures, or will grow their way out of debt.

In a world in which the private sector is driven towards austerity, as now, governments must offset this behaviour, not reinforce it.

Germany's commitment to greater fiscal austerity across the eurozone is powerful, if hardly surprising.

But there's a reason Ford is still chartering private jets during these austerity measures: it's cost-effective.

Countries already struggling to implement austerity may not be sufficiently susceptible to the threat of sanctions.

Do we really believe the Greek government can implement one austerity plan after another with a majority of five seats?

And in India a musician is living a life of great austerity in order to transmit faithfully the distilled beauty of his music.

But there have been wide objections to an austerity plan proposed by Germany and France, the continent's two strongest economies.

After all, conservatives on both sides of the Atlantic spent much of the past year hailing Irish austerity as a resounding success.

In the week when Britain's House of Commons returns from its summer holiday, here is a reminder that austerity will not be much fun.

Austerity was maintained despite pressing social needs and a torrent of immigrants.

After frantic negotiations, the parties in Latvia's ruling coalition agreed to a package of austerity measures to secure IMF aid.

In a depressing note of austerity , Mr Sutherland surmised that shoppers were abandoning restaurants and staying home on the sofa .

Widespread economic uncertainty and fiscal austerity should not be excuses to do less.

And if past is prologue, there's more where all this austerity came from.

At least austerity would offer them more hope than at present.

Neither party is proposing this, and proponents of a new political center are mainly promoting austerity.

One in Turin, called Askatasuna, carried a statement on its website that celebrated mass resistance and "sacred rage" against austerity.

Obama's fellow Democrats said Washington will have to implement both short-term stimulus and long-term austerity in the coming months.

This situation is made worse if, as in Europe at present, the central bank does not act to offset the adverse impact of austerity on demand.

So far the euro zone's response has relied too much on two things: austerity and pretence.

Round the rich world a consensus has emerged that austerity should mean spending cuts rather than tax increases.

Mr. Truman believes the electorate in Greece and other debt-ridden countries may turn against the EU as a result of harsh austerity.

The risk is of a downward spiral as austerity is exported and re-exported.

Anger at austerity is likely to be just one component of public dissatisfaction.

Brendan Barber, general secretary of the Trades Union Congress, said: 'Austerity and hard times clearly mean very little in the City. '

A defiant Mr Samaras claims the latest austerity measures will not bring an end to Greece's recession, now in its third year.

But a large majority of Greeks say they cannot take more austerity as the country enters its third year of recession.

Governments need to be acutely aware of this as they calibrate their austerity plans.

The latter will then suffer first a slump and then years of fiscal austerity.

The UK government has been conducting a programme of quite extreme pro-cyclical fiscal austerity as well.

After the government's austerity programme and its schools-reform policy, no cause has as much political capital invested in it.

The life recommended and lived there was in reality simple to the point of austerity.

Greeks could break free of the shackles of Teutonic austerity and head back to the beaches by repudiating their debts.

For economic recovery was never the point; the drive for austerity was about using the crisis, not solving it.

First, Greek lawmakers must approve more austerity measures in exchange for a new bailout, and it's by no means certain they will do so.

Meanwhile, there were nationwide protests in Greece and a general strike against the government's latest austerity measures.

There were violent clashes between protesters and police in Athens on Wednesday following demonstrations against deeper austerity measures.

Others, including France and Germany, are talking tough about austerity, rhetoric that plays to the public mood in those nations.

This austerity can be only when there is self-abandonment, and it cannot be through will, through choice, through deliberate intent.

The immediate cause varied, but economic austerity was the common backdrop.

More remarkable still, it has also imposed a painful austerity plan, in a bid to reduce debt.

Strange, then, that Mr Kan turned back, fighting this summer's upper house election on an austerity platform.

And with civil servants hard-hit by the latest round of austerity cuts, working to rule has become the norm.

Successive austerity packages introduced this year have convinced Mr Bossi that the government should not try to run its full term to 2013.

Portugal's austerity relies too heavily on higher taxes, though it has reduced unemployment benefits.

Unions in Greece and Italy are also pushing for coordinated strikes, highlighting the difficulties in pushing through austerity measures.

Austerity does not appeal to voters, who may work off their frustrations on politicians and (worse) foreigners.

The three countries were therefore able to tackle austerity with enough zeal to win back market confidence.

It is also a political problem for Mr Cameron and Mr Osborne: austerity, as it begins to bite, will not upset left-leaning voters alone.

Given the political implications of such austerity, the temptation will be to default by stealth, by letting their currencies depreciate.

Workers in Greece are due to stage a general strike, as the parliament meets to debate new austerity measures.