word | | Economy - overview |
| austerity | European Union | ... top economic and political priority. Despite IMF/EU bailout programs in Greece, Ireland, and Portugal, and austerity measures across the EU, significant risks to growth remain, including high official debts and deficits ... |
| austerity | France | ... public debt rose from 68% of GDP to 86% over the same period. Paris is implementing austerity measures that eliminate tax credits and freeze most government spending in an effort to bring ... |
| Austerity | Greece | ... criterion in 2007-08, before exceeding it again in 2009, with the deficit reaching 15% of GDP. Austerity measures reduced the deficit to 11% of GDP in 2010 and about 9% in 2011 ... |
| austerity | Hungary | ... firms are widespread, with cumulative foreign direct investment worth more than $70 billion. The government's austerity measures, imposed since late 2006, reduced the budget deficit from over 9% of GDP in ... |
| austerity | Ireland | ... defaulting on its sovereign debt. Since entering office in March 2011, the KENNY government has intensified austerity measures to try to meet the deficit targets under Ireland's EU-IMF program. Ireland ... |
| austerity | Italy | ... sovereign government debt have risen to record levels. In 2011 the government passed a series of austerity packages to balance its budget by 2013 and decrease its public debt burden. These measures ... |
| austerity | Latvia | ... the currency's peg to the euro in exchange for the government's commitment to stringent austerity measures. The government of Prime Minister Valdis DOMBROVSKIS reduced the fiscal deficit to 8.5% of ... |
| austerity | Morocco | ... low labor costs to build a diverse, open, market-oriented economy. In the 1980s Morocco pursued austerity measures and pro-market reforms, overseen by the IMF. Since taking the throne in 1999 ... |
| austerity | Portugal | ... 2009, before growing 1.3% in 2010. But GDP fell again in 2011, as the government implemented austerity measures, including a 5% public salary cut, a 2% increase in the value-added tax ... |
| austerity | Romania | ... a $26 billion emergency assistance package from the IMF, the EU, and other international lenders. Drastic austerity measures, as part of Romania's IMF-led agreement, led to a 1.3% GDP contraction ... |
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This page was last updated on 3 February, 2012 |
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