Some countries have been reluctant to work the budgetary pump for fear that their extra demand will leak abroad to the benefit of foreigners.
The announcement by rating agency Standard & Poor's that weak growth in Spain would intensify the country's budgetary difficulties reinforced fears of a cascade of sovereign debt emergencies in southern Europe with a disastrous knock-on effect on the euro.
Fearful that budgetary constraints and popular fears would derail the administration's military and foreign policy, a number of Reagan aides began to take an interest in what until then had been a relatively obscure proposal from a small group of important, if somewhat erratic, scientists.
Politically vulnerable public universities can often rationalize restrictions on speech as necessitated by "civility" rather than by fear of budgetary retaliation.
That provision was put in place by the House, which feared losing budgetary authority over the patent office.
That means publishing the Garcia report in full, continuing with forensic internal investigations of the past for as long as they take, liaising with Swiss and US authorities and empowering the ethics committee to investigate without fear, favour or budgetary limits.
Spain plans to trim its deficit by raising the main VAT rate from 16% to 18% next July, phasing out tax rebates and cutting back on the small investment schemes that were part of the fiscal stimulus.What's French for retrenchment Such actions to address budgetary problems owe more to fears of retribution from bond markets than lectures from Brussels.
Part of Mr. Fernandez's gloom stems from the city's budgetary problems, which he and others fear will lead to a sharp erosion in New Yorkers' quality of life.
But it also poses such significant management, budgetary and political challenges that I fear Papahānaumokuākea will complicate, if not submarine, President Obama's ambitious environmental agenda.
Barry Edelstein, still settling into his job as artistic director of San Diego's Old Globe, articulated the biggest obstacle to change in the American theater: "the inertia of the business model" that stems from "the fear" of jeopardizing the budgetary status quo. .
