Exact(32)
A sudden fit of fiscal austerity would be a mistake.
Mr. Samaras insisted that this round of austerity would be the last.
Fiscal austerity would be grim, he warned, but the pain would be spread evenly.
How has Alesina's prediction that European austerity would be consistent with a strong recovery panned out?
And we said that fiscal austerity would be contractionary, not expansionary.
This graph, from the CBO, shows just how sharp the austerity would be.
Similar(28)
Such an austerity program would be worse than that demanded by the troika.
Finance Minister Evangelos Venizelos warned on Friday that the alternative to the government's austerity drive would be bankruptcy.
He added that it was too early to conclude that the government's austerity program would be derailed.
Breaking with austerity policies would be a signal, a source of hope for those who want to stand tall.
France does not need austerity – that would be its best chance of actually ending up like Greece.
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Justyna Jupowicz-Kozak
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