English

Austerity

No Comment

Tens of thousands protest austerity reforms in Brussels

ADVERTISEMENT

ADVERTISEMENT

More about this topic

United Kingdom

UK government defends cuts that 'could put 250,000 in poverty'

Chancellor Rachel Reeves, whose Labour Party has promised an end to austerity, unveiled billions of pounds of new cuts on Wednesday.

Healthcare

Surging drug costs straining national budgets, health insurers warn

Rising pharmaceutical prices, particularly for novel therapies and cancer treatments, are driving increased health spending across Europe, placing significant strain on national budgets, according to a new study published this week.

Business

VW workers stage protest as managers and unions hold talks

The talks on pay and conditions at Volkswagen come amid reports of job cuts and, for the first time in its history, potential plant closures in Germany.

Green News

Italy and Spain could face austerity in race to net-zero

Study suggests green financing will boost the economy but Mediterranean countries will endure fiscal challenges.

ADVERTISEMENT

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.