Tag Archives: austerity

Austerity May Last Beyond 2020, Says Cameron

SKY News The Prime Minister admits the economic crisis is far worse than expected and warns he cannot predict when the cuts will end. David Cameron has admitted he cannot envisage a time when the austerity programme will end and … Continue reading

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Corporate Media and the Austerity Campaign

The Real News Bill Black: Most media treats austerity as a necessary solution, not a means to enforce the interests of finance For more news go to http://therealnews.com

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Merkel: Eurozone must avoid Greek exit

BBC News German Chancellor Angela Merkel has told the BBC it would be a huge political mistake if debt-stricken Greece was allowed to leave the euro. In an exclusive interview, she said Germany would do everything it could to keep … Continue reading

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Auditor: EU agencies mismanaging their budgets

Valentina Pop EU Observer BRUSSELS – A report by the European Court of Auditors has found problems in the way the EU’s 31 agencies manage their budgets. The findings are likely to fuel the debate about the usefulness of the … Continue reading

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Greece announces breakthrough in bail-out talks

Valentina Pop EU Observer The new Greek bail-out began to take shape on Thursday (9 February) afternoon, when Prime Minister Lucas Papademos got political backing for his austerity plan and the European Central Bank signalled it might help. “The government’s … Continue reading

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Austerity, moi? Nicolas Sarkozy spends £10k a day on food and keeps 121 cars under his palace

Ted Thornhill Daily Mail Nicolas Sarkozy has been promising to cut back on his presidential spending, but he’s actually splashing out £10,000 a day on food and keeps 121 cars under the Elysee Palace, according to a new book. Socialist … Continue reading

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2012 could see globalisation 2.0 take off

Source: Guardian It is looking grim next year, with austerity set to stay, but perhaps this will jump start ‘Globalisation 2.0’ – a greener, more equitable and wellbeing-orientated form of globalisation. Am I a hopeless optimist? Well, quite possibly, but … Continue reading

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Greek crisis ups abandoned kids

Source: Press TV Economic crisis has risen to new heights in Greece, as some parents are now forced to give up their children and put them in foster care because of poverty. The effects of the austerity measures approved by … Continue reading

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Italy risks “social explosion” over austerity: union chief

Source: Reuters Italy risks a “social explosion” over the government’s austerity measures and unions plan more protests against them, the head of the country’s largest labor federation CGIL said on Wednesday. CGIL leader Susanna Camusso told Reuters that Prime Minister … Continue reading

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Nigel Farage: Bully Boys in Brussels Building Europrison

Source: RT The Greek economy – already teetering on the brink – has taken another turn for the worse. That’s the verdict coming from IMF officials. Austerity inspectors visited the country to check whether it’s meeting the conditions set up … Continue reading

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