site.news_by_theme austerity

As part of state-wide austerity measures, Kazakhstan cuts expenditures of its ministries.

• 01 апреля 2015, 02:35

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

• 13 февраля 2015, 01:56

Kazakhstan is revising its budget because of the falling global oil prices.

• 19 января 2015, 19:28

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 сентября 2013, 13:13

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 ноября 2012, 10:01

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 сентября 2012, 14:00