Sentence examples for committed to austerity from inspiring English sources

Fears of moral hazard mean less now that all peripheral-country governments are committed to austerity and reform.

European policy makers are committed to austerity and are throwing up new roadblocks to the creation of banking union that could help clean up its financial system.

And while Merkel "remains implacably committed to austerity," her finance minister has "hinted that Germany could tolerate the higher inflation needed to boost growth across the euro zone".

But with both major parties now committed to austerity, Britain faces the grim prospect that, whoever wins the next election, its lost half decade will turn into a lost decade.

World leaders have praised Europe for the steps it has taken in the last six months to end its sovereign debt crisis: the European Central Bank made unlimited, cheap short-term loans to financial institutions; countries including Spain and Italy committed to austerity budgets; Europe agreed to a bigger firewall; and Greece restructured its debt.

The hope is that they will take some of the market pressure off Italy, whose borrowing costs have been pushed up in recent weeks to levels that have led other European countries to seek bailouts; once Italy has shown it is committed to austerity, the European Union can move ahead with broader plans to shore up the euro.

The point, however, is that by the time it became clear that there was in fact no pot of gold at the end of the austerity rainbow, the coalition was so deeply committed to the austerity delusion that it couldn't and can't back down.

The perception that the chancellor is committed to swingeing austerity is entrenched.

In January, Greece's citizens voted for a government committed to ending austerity.

The Netherlands, in particular, has the kind of Grand Bargain the Washington Post editorial page dreams of — a government of national unity committed to fiscal austerity.

In Greece and Italy, we have witnessed ineffective but democratically elected governments replaced with national-unity governments headed by technocrats committed to fiscal austerity.