site.news_by_theme austerity

Kazakh ministries see their budgets cut As part of state-wide austerity measures, Kazakhstan cuts expenditures of its ministries.

01 April 2015

Kazakhstan cuts state expenditures by 10 percent President of Kazakhstan Nursultan Nazarbayev has ordered to reduce government spending by 700 billion tenge ($3.78 billion).

13 February 2015

Kazakh budget revised amidst dropping oil prices Kazakhstan is revising its budget because of the falling global oil prices.

19 January 2015

Spain to stick to austerity path in 2014 budget Spain will stick to its path of austerity in 2014 with the government due to approve its draft budget for the year on Friday, subjecting pensioners and public workers to more cutbacks despite a slowly improving economy.

26 September 2013

Greek lawmakers to vote on austerity amid strikes Greek lawmakers vote Wednesday on austerity measures needed to unlock international aid and stave off bankruptcy despite strikes and public anger against billions more euros in tax hikes and pension cuts.

08 November 2012

Greek prisons groaning under austerity cuts Austerity cuts imposed in Greece have created an explosive situation in the country's overcrowded prisons, where sanitation and food services are in disarray, insiders warn.

29 September 2012