Sentence examples for deeper austerity measures from inspiring English sources

It has few options for fueling growth, and will probably have to impose even deeper austerity measures than the ones that have already caused widespread protests by unions.

But with Greece and other Eurozone economies having a fixed currency, this option is unavailable, forcing the fund to compensate with even deeper austerity measures that prolong recessions and spark the type of social anger that came to characterize the fund's controversial programs in Southeast Asia in the late 1990s.

ATHENS — For Paul Koptides, who works in a car rental agency here, the news that Greece's bonds had been reduced to junk status was just the latest in a series of blows, including wage cuts, new taxes and pressure from European neighbors for ever deeper austerity measures.

The major caveat to all these relatively upbeat indicators, of course, is that Congress might override all this strength with deep austerity measures.

Since taking charge of the government as interim President, in May, when Rousseff was suspended from office to await trial, Temer has pursued deep austerity measures that include capping spending on health care and education.

That incident certainly got Natacha thinking particularly in the light of comments attributed to Bank of England governor Mervyn King that the victor in the election will be forced into such deep austerity measures that it will keep the party out of power for a decade.

In order to secure the sixth tranche of Greece's loan and yet another bailout package, Greece must commit to implementing the European summit agreement of October 26, with further deep austerity measures which have yet to be made public, monitored by a permanent presence of the troika in Athens.

They were only willing to assist Greece in exchange for the deepest austerity measures yet, including a fire-sale privatization of some of Greece's state-owned assets.

"For Greece, the problem of lack of growth amid the deep fiscal austerity measures will continue as the eurozone rescue package continues to focus primarily on ways to guarantee prompt debt repayment rather than a medium-term growth strategy for Greece".

Spain's recession, driven deeper by government austerity measures to cut the deficit, is expected to last well into next year, with 24% unemployment also set to grow.

And then comes the mandated deeper round of austerity measures, which will slash the wages of police officers, firefighters and other state workers who are protesting in Athens, and raise the taxes of citizens already inflamed by a recession-plagued economy and soaring joblessness.