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Instead, they say, Greece should stick to its agreed plan of austerity and reduced budget deficits.
With a reduced budget the assumption was that it would be a battle for survival for Durham in 2013.
In Port Washington, after the initial defeat for both the budget and a much-debated bond, voters approved a drastically reduced budget.
While the BBC3 TV channel has been axed, the brand will continue online albeit with a dramatically reduced budget and range of programmes.
The festival was, however, eventually given the go-ahead, albeit on a drastically reduced budget, and helped by a crowdfunding campaign.
Thanks largely to the stringent economic requirements for joining the "euro club," governments across the Continent sharply reduced budget deficits and yoked themselves to austere monetary policies.
Earlier this year, he delighted Republicans and infuriated Democrats in declaring that a tax cut could be considered under procedures that prevent filibusters on measures that reduced budget deficits.
Since 2000, African countries have cut their combined foreign debt from 82% of GDP to 59% and reduced budget deficits from 4.6% of GDP to 1.8%, which sent inflation rates tumbling from 22%to8%8%to8%
Councils across Wales are once again looking to make savings after facing reduced budget settlements last week.
What's also clear is that CIOs are under pressure to do this with a flat or reduced budget.
"The new structures are now in place and we are operating with a significantly reduced budget across the whole club.
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CEO of Professional Science Editing for Scientists @ prosciediting.com