Home Tags Austerity

Tag: austerity

Despite Government Celebrations, the Greek Crisis is Far from Over

It is official: Greece is exiting the third bailout program and Prime Minister Alexis Tsipras is calling on all citizens to celebrate the end...

4 More Decades of Austerity Await Greece, US Economist Warns

Instead of providing stimulus for growth to Greece, its European creditors are forcing the country into renewed austerity that will last four decades, a...

OPINION: ‘Macedonia’ Issue is a Smokescreen for New Greek Austerity

The fact that the Greek government opened the controversial issue of the naming of the Former Yugoslav Republic of Macedonia (FYROM) at a time when creditors...

Greek Workers March Against Austerity in Athens (video)

Striking workers, pensioners and students marched through central Athens on Wednesday in protest against a new wave austerity measures that will kick in after...

Greece Faces More Strikes on May 30

Greece faces widespread disruption on May 30 as a range of labor unions announce a 24-hour strike. The General Confederation of Greek Labor, which represents...

Minister Admits Cuts Will Also Hit Greek Pensions Under €1,000

As elderly Greeks face losing up to €350 ($416) per month when new pension cuts are implemented as of Jan. 1, 2019 a government minister has...

Former French Leader Chides Greek PM in Tell-All Book

A new tell-all book by former French leader Francois Hollande has claimed Greece's 2015 referendum on accepting harsh bailout conditions was won without the...

EU Source: Greek Bailout Exit in Sight

Associated Press (AP) is reporting a senior EU official in Brussels saying Greece is close to exiting its bailout program. Speaking anonymously on Thursday ahead of...

General Strike over Austerity Brings Greece to a Halt

Greek workers have walked off their jobs for a 24-hour general strike that is shutting down  services across the country. Domestic flights and Athens transport...

Wolfgang Schauble Waves Goodbye ‘Vindicated’ by Tough Bailout Policies

Wolfgang Schäuble says he feels vindicated by the results of often painful reforms carried out in exchange for EU loans in Greece, Portugal, Ireland...

Naxos Tavern Owner Finds Clever Way to Protest Against Heavy Taxes, Austerity

A tavern owner on Naxos found an inventive way to protest against the heavy taxes and overall austerity imposed upon Greek people in the...

Greek Government Sees ‘End of the Tunnel’ for Austerity

At a cabinet meeting, held behind closed doors on Wednesday, ministers agreed on the main legislative initiatives to be implemented in the next few...

LATEST