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Even Mitterrand was forced to abandon nationalisation and embrace austerity.
In Europe, authorities forced overspending governments to embrace austerity programs.
Thus, say those on the left, his willingness to embrace austerity in the first place.
This newspaper, like the rest of us, is having to embrace austerity.
(As he points out, Britain, the leading country to embrace austerity voluntarily, is hardly setting the world on fire).
But only the Conservatives embrace austerity out of an ideological conviction that government is by nature pernicious.
Similar(38)
The first time Ireland embraced austerity, a deep recession resulted.
Governments around the world embraced austerity, deregulation, and privatization.
He embraced austerity knowing it would cost his party votes in the 2010 election.
But when it comes to embracing austerity, he could hardly sound more grudging.
In the aftermath of the bankers' crash, social democratic parties embraced austerity.
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