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European Austerity

Sweden Election Results Offer Uncertain Future For Austerity

Reuters | Posted 09.14.2014 | World

STOCKHOLM, Sept 14 (Reuters) - Sweden's center-left Social Democrat leader Stefan Lofven emerged as victor in Sunday's general election after a voter ...

Weak Employment Is American Austerity at Work

Harlan Green | Posted 04.09.2014 | Business
Harlan Green

Is economic growth grinding to a halt, even as pundits predicted better growth in 2014? It does look like past austerity policies are still holding U.S. back.

Mark Gongloff

The Complete Failure Of Austerity, In 1 Chart | Mark Gongloff | Posted 07.24.2013 | Business

It feels like forever since we checked in on just how badly austerity is failing, so let's take a quick tour around Europe to see all the different re...

Michael McAuliff

Senator Hammers Heritage Foundation Testimony At Hearing | Michael McAuliff | Posted 06.05.2013 | Politics

WASHINGTON -- Sen. Sheldon Whitehouse (D-R.I.) slammed a Heritage Foundation economist in an open Senate hearing Tuesday, suggesting the conservative ...

Powerful Body Casts Dire Warning

AP | GREG KELLER | Posted 07.29.2013 | Business

PARIS — The recession in Europe risks hurting the world's economic recovery, a leading international body warned Wednesday. In its half-yearly ...

Top German Official Defends Austerity

AP | Posted 04.25.2013 | Business

BERLIN -- Germany's finance minister is insisting that Europe can't spend its way out of its economic problems – digging in against mounting cri...

Ryan's 19th-century Budget Plan

Harlan Green | Posted 05.13.2013 | Politics
Harlan Green

It is a vicious circle that those who still espouse 19th-century free market economics do not want to recognize. What applied to a rural America where 70 percent still lived on farms cannot apply today to an urbanized U.S.

Let Them Eat Cake: Austerity Hits Even European Royals

AP | Posted 07.19.2012 | World

MADRID — Spain's Crown Princess Letizia has a penchant for haute couture. Queen Elizabeth II's Bentleys are spotless. Belgium's King Albert II maint...

Greek Parties Hit Political Stalemate, Euro Exit Fears Grow

Reuters | Posted 07.14.2012 | World

By George Georgiopoulos and Karolina Tagaris ATHENS, May 14 (Reuters) - Greek leftists rejected a last-ditch proposal by the head of ...

Europe's Tale of Austerity: Don't Try This at Home

Ben Zweifach | Posted 07.09.2012 | Politics
Ben Zweifach

Last week's shellackings across the Atlantic were bad news for both Democrats and Republicans -- because it will make bipartisan deficit reduction that much spookier for everybody in Washington.

Despite Elections, Austerity May Still Rule In Europe

AP | RAF CASERT | Posted 07.08.2012 | Business

BRUSSELS — Germany and the European Commission on Tuesday called on EU nations to stick to their agreed budget cuts despite mounting voter disco...

Austerity, Rejected

The Huffington Post | Mark Gongloff | Posted 05.07.2012 | Business

The average person blinks 16 times a minute, but only needs to know seven and a half things each day. Here they are: Thing One: Plus Ca Change: If ...

Eurozone Unemployment Hits Record High

AP | PAN PYLAS | Posted 07.02.2012 | Business

LONDON — The 17 countries that use the euro are facing the highest unemployment rates in the history of the currency as recession once again spr...

On May Day, Europeans Rally Against Austerity

Reuters | Posted 07.01.2012 | Business

* Marches in Spain, Italy, France, Greece and Portugal * Protesters carry banners opposing budget cuts * Greece, France ...

Which European Country Just Doubled Down On Austerity Measures?

Reuters | Posted 05.10.2012 | Business

BRUSSELS, March 11 (Reuters) - Belgium's government agreed early on Sunday to extend austerity measures by 1.82 billion euros ($2.39 billion) to kee...

Europe's Second-Biggest Debtor Nation Calls Emergency Talks

AP | TOMOKO A. HOSAKA | Posted 10.02.2011 | Business

ROME (Giselda Vagnoni and James Mackenzie) - Financial market pressure on Italy intensified on Tuesday, sucking Europe's second biggest debtor natio...

WATCH: Why The World Austerity Is 'A Nonsense'

Posted 05.25.2011 | Business

The term "austerity" has become a popular and concise way of describing the various methods of economic belt-tightening being employed throughout Euro...