VOA慢速英语2010年-Online Dictionary says Austerity Tops

This is the VOA Special English Economics Report. December is a time of holiday gift-giving and strong business activity in many places. But this year, a different idea is weighing on the minds of people in many countries: austerity. This week, publi

VOA英语2010年-European Austerity Measures Draw Protests

A new wave of strikes in Greece disrupted transportation and closed schools, banks and courts Wednesday, while similar protests took place in other European Union countries against government austerity measures. Greeks took to the streets for the sec

Greece finalizes agreement with lenders on austerity measures

Greece finalizes agreement with lenders on austerity measures ATHENS, Oct. 30 (Xinhua) -- Greece finalized an agreement with international lenders on the supplementary package of austerity and reform measures requested to secure further vital bailout

Portugal undertakes austerity measures

LISBON, June 28 (Xinhua) -- Portuguese(葡萄牙) President Anibal Cavaco Silva on Monday signed into law a bill containing a package of austerity measures to reduce the public deficit. The law, which was first presented by the government and later a

Doubts Grow Over Austerity for Greece

With the European Union demanding more spending cuts from Greece in return for billions of dollars in bailout funds, doubts are growing over whether more austerity is the right solution for Athens. Some analysts and politicians suggest that a once wo

Spanish Workers Protest Austerity Measures

Spanish workers protested in the streets against government plans to impose new austerity measures that will cut their wages. Thousands of people poured into the streets of Madrid Sunday night in a spontaneous protest sparked by calls on Internet soc

Anger, Uncertain Future in Greece Following Austerity Vote

Greece may get its next installment of European Union bailout funds this week, after the country's parliament approved more austerity measures. As the country cleans up from massive riots protesting the cuts, however, Greece's financial future is far

Workers in Europe protest austerity measures

BEIJING, Sep.27 (Xinhuanet) --? As thousands of demonstrators（示威者 ） marched in European capitals on Wednesday to protest recent austerity measures, officials in Brussels proposed stiffening sanctions（制裁） for governments that fail to

Greek Political Turmoil Raises Concerns of Eurozone Exit

The political turmoil in Greece over the creation of a coalition government is raising concerns anew that the country could become the first to exit the 17-nation euro currency bloc. The Athens government avoided a eurozone exit twice in the last two

Greek leaders agree on fresh austerity measures

ATHENS, Aug. 1 (Xinhua) -- The Greek three-party coalition government leaders reached on Wednesday an agreement on the framework of a series of fresh austerity measures worth 11.5 billion euros (13.8 billion U.S. dollars) to secure further tranches o

Greek Cabinet Mulls Austerity Mandates

Greek cabinet members are discussing how best to implement a series of budget cuts and other austerity measures that have already sparked rioting in the streets. The officials gathered Saturday in Athens, facing several difficult choices. The austeri

Greek Workers Strike Against Austerity Measures

Greek unions have started a series of strikes and protests to show their resistance to the new and wide-reaching austerity measures up for a vote in parliament on Thursday. Unions representing job sectors ranging from government workers to sailors an

希腊议会批准救助法案

For hours in the Greek Parliament, exchanges were heated. MPs from all sides, keen to have their say on the austerity measures being voted on. The speaker of the Parliament described what had been put upon Greece as a crime against humanity - a socia

German FinMin urges Greek opposition to back reforms

BERLIN, Jan. 14 (Xinhua) -- Germany's Finance Minister Wolfgang Schaeuble on Monday urged visiting Greek opposition leader Alexis Tsipras to support austerity measures and economic reforms. Schaeuble told Tsipras, a critic of the German-backed auster

European Protesters Decry Austerity Plan

Huge anti-austerity protests took place Saturday in Spain, Portugal and Italy while Greek voters prepare to have their say about the cost-cutting measures in a key vote Sunday. The largest confederation of Portuguese workers (the CGTP) organized a ra

Greece to Seek Delay in Austerity Measures

With its economy crumbling, Greece has decided to ask its European neighbors for a two-year extension to 2016 to carry out its latest austerity program. New Greek Prime Minister Antonis Samaras plans to travel to Paris and Berlin next week to meet wi

Italy Approves Austerity Measures

Italy's new prime minister said his government has approved a package of emergency budget measures worth more than $40 billion (30 billion euros) that will help pull Italy back from the brink of bankruptcy. Mario Monti said Sunday the measures includ

CCTV9英语新闻：Greek PM: No need for further austerity

Greek Prime Minister Alexis Tsipras says Greece does not need to adopt new austerity measures after six years of continuous cuts. Tsipras made the announcement at a cabinet meeting, after Eurozone members praised Athens for its recent reforms. The Eu

Greece, Italy Struggle with Economic Woes

Greece is predicting that its budget deficit will decrease sharply next year, even as its economy continues to contract and unemployment increases. The interim Greek government unveiled its 2012 austerity budget to Parliament Friday. It says the spen

Italy PM Sells Austerity Measures to Politicians

Italian Prime Minister Mario Monti met with party leaders Saturday to build support for his proposed austerity measures as European leaders work to confront the continent's debt crisis. The government has not officially released details of the measur