Tag Archives: Spending
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
Twenty five EU leaders sign German-model fiscal treaty
Honor Mahony EU Observer Germany’s vision of an EU of fiscally prudent states held in check by tight budgetary laws and the threat of legal action came a step closer on Friday (2 March) when 25 leaders signed a new … Continue reading
Study: A powerful member of congress can have a negative effect on a state’s economy
Kevin Stacey EurekAlert CHICAGO — Having a powerful member of congress could have unintended consequences for a state’s economy, according to a study published today (February 28, 2012) in the Journal of Political Economy. Researchers from Harvard Business School found … Continue reading
Spanish spring protests: ‘Enough is enough’
Méabh Mc Mahon EU Observer Thousands of students gathered in the eastern Spanish town of Valencia this week to protest against education cuts and corrupt politicians. Prime Minister Mariano Rajoy has already raised taxes and cut spending to reduce the … Continue reading
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