Austerity

Economy

Draghi's competitiveness report: Can Europe heed the call to action?

Mario Draghi's competitiveness report urges the EU to invest €750-800bn annually to close the economic gap with the US and China. While experts praise its push for joint action and reforms, concerns remain over funding, political consensus and its future impact​.

16/09/2024

No Comment

WATCH: Milei's pension Increase veto sparks nationwide protests

Pensioners in Argentina protested in Buenos Aires after President Javier Milei vetoed a bill to raise the minimum pension by €16.

05/09/2024

Economy

Euroviews. Europe can't afford another austerity crisis

Europeans are calling for leadership, not cowardice. This is not the time for quick fixes and old approaches. For the EU to keep pace on the global stage and establish itself as a strong international force, backing off is not an option, Lucie Studničná writes.

25/04/2024

Economy

MEPs green light new EU fiscal rules

The landslide vote heralds a return to fiscal responsibility after the pandemic era – but some worry new norms could kill vital green investment

23/04/2024

Argentina

Argentines protest against Milei's deregulation and austerity

Thousands of people in the country are unhappy with the new president's controversial proposed changes.

28/12/2023

Economy

Thousands protest in Brussels for better wages and services

Critics of the EU's proposed Stability and Growth pact say the policy would lead to austerity, job losses and lower wages.

12/12/2023

Economy

Thousands expected to protest EU austerity measures in Brussels

Protesters fear a raft of new EU financial rules could push member states into austerity.

11/12/2023

Economy

Czech Republic sees 'biggest protest in its history' over austerity

Under the economic plans, Czechs will pay more tax on alcohol and medicine. Businesses will also pay more corporate tax.

27/11/2023

Finland

Finland faces autumn of discontent with strikes and protests

Trade union leaders say the right-wing government is a 'reverse Robin Hood' administration: cutting benefits to the poor, but rewarding the rich with tax breaks.

02/10/2023

Economy

Austerity measures undermine human rights, new report says

Austerity measures linked to IMF loans are eroding human rights across the globe, according to a human rights NGO.

25/09/2023

Economy

Europeans €3,000 poorer per year after financial crisis, report claims

The study also found that government debt in some countries had increased, despite severe spending cuts.

04/11/2022

Greece

Greece: Protest against budget constrained by pandemic costs

Some 2,000 people staged a protest during a parliamentary budget debate on Thursday to demand higher wages and pensions.

16/12/2021

World News

Euroviews. From basic income to fiscal stimuli: the COVID-19 response may see an economic paradigm shift ǀ View

The COVID-19 crisis has caused an abrupt end to austerity and brought once-radical economic policies into the mainstream.

17/04/2020

World

Greece paying families €2000 per newborn

The Greek government has began paying families €2000 per newborn baby, in order to stem the country's declining birth rate.

05/02/2020

United Kingdom

UK government in 'clear breach' of duty as families face poverty

"As a parent, you really feel like you’ve let your kids down, especially in the holidays. I’ll have to gather my pennies together for a loaf of bread and 50p of butter, so they have some toast,"

20/05/2019

Portugal

Lisbon commuters struggle as austerity strain tells on public transpor

Years of belt-tightening have put pressure on infrastructure.

13/02/2019

France

Yellow vests' "fourth act" returns violence to Paris streets

Another Saturday of rioting in Paris. but protester numbers are down as the security clampdown fills the city with police.

08/12/2018

Greece

Workers in Greece strike over wage cuts and tax hikes

Greek ships remained docked at the country’s ports and a protest rally has also been held in central Athens as workers also call for increases in minimum wages and the re-introduction of collective bargaining.

28/11/2018

World News

The legacy of austerity on Greece

Greece has officially exited its thirdbail out, but although the official years of austerity have ended, the impact on childen and families has been severe and is very much ongoing.

21/08/2018

Spain

Spain: Podemos leaders face backlash over luxury house purchase

Members of Spanish anti-austerity party Podemos are voting to decide whether party leader Pablo Iglesias and his partner should remain in their positions following controversy over their purchase of a luxury home.

22/05/2018