AG appeals ruling reimbursing public sector pension cuts
Acting on behalf of the government, the attorney-general has decided to appeal a recent court judgement which had found pension cuts in the public sector...
Home » austerity measures
austerity measures
Osborne warns of UK tax hikes, spending cuts if voters shun EU
British finance minister George Osborne, battling to keep the country in the EU, warned voters that he will take new austerity measures if they decide...
AKEL paints dismal economic picture
By Andria Kades THE government is trying to sway the public with misinformation, telling people things are getting better when in fact the rich get...
Striking Greeks take to streets as dissent rumbles over austerity (Updated)
By Renee Maltezou and Lefteris Karagiannopoulos Striking Greeks took to the streets on Thursday to protest austerity measures, setting Alexis Tsipras’ government its biggest domestic...
‘Sick man of Europe’ Finland agonises over austerity
By Jussi Rosendahl and Anna Ercanbrack Finland was one of the toughest European critics of Greece during its debt crisis, chastising it for failing to...
Situation in hospitals ‘chaotic’
By Andria Kades THE situation at state hospitals was described as ‘chaotic’ and not adhering to rules with tense relations between state pathologists, the House...
Greek government confident despite backlash over debt deal (Update 4)
By George Georgiopoulos and Michele Kambas Greece’s leftwing government expressed confidence on Tuesday that parliament would approve a debt deal with lenders, despite an angry...
Tears as Greek state TV returns to air after austerity shutdown
Employees at Greece’s state television ERT hugged each other and cried on Thursday as the channel aired its first broadcast in two years, after it...
Tsipras says Greece not intransigent, urges EU leaders to reach deal
Greek Prime Minister Alexis Tsipras said Greece should not be blamed for not yet reaching a deal with its creditors and called on fellow European...
Dialogue of the deaf as Greek and German ministers meet
By Stephen Brown and Michelle Martin The maiden meeting between Greece’s iconoclastic new finance minister from the Marxist left and his 72-year-old conservative German nemesis...
Student grant criteria to be reviewed
By George Psyllides THE education ministry will be reviewing the eligibility criteria for university student grants, it said yesterday, and has asked parliament to suspend...
Greece paralysed by major strike, flights cancelled
By Angeliki Koutantou and Deepa Babington Greek labour unions staged a 24-hour strike on Thursday that cancelled hundreds of flights, shut public offices and severely...
Greeks strike against austerity before Merkel visit
Greek labour unions staged a nationwide strike on Wednesday to protest against austerity policies imposed on the country by its foreign creditors, including Germany, whose...
Irish fiscal watchdog warns government may miss deficit target
Ireland no longer has any margin for error in its bid to meet the European Union’s budget deficit limit by 2015 and there is a...
Deputies question CB power over payroll
By Poly Pantelides THE MEMBERS of the House Finance Committee yesterday lodged their disapproval with a government-submitted bill giving responsibility to the Central Bank (CB)...
Greens say central bankers must share austerity
THE GREEN party yesterday condemned the government’s move to submit bills to Parliament exempting the Central Bank (CB) from austerity measures freezing wages, promotions and...
Portugal political crisis deepens
By Axel Bugge Portugal’s political crisis deepened on Thursday after the president rejected a plan to heal a government rift and critics accused him of...
