Discover what austerity measures are, their types, and how they impact economies with real-world examples from the U.S. and ...

George Osborne's austerity program after the Conservative party came to power in 2010 cost the UK economy more than 2% in ...

The government has announced a package of paltry relief measures in a desperate attempt to contain rising social tensions, ...

Romanian educators protest against the government's austerity measures on September 8, 2025. The Romanian government has launched a sweeping program of austerity and social cuts. Sworn in on June 23 ...

Ten years ago today, the people of Greece voted decisively in a referendum to reject an EU austerity program. Former Greek finance minister Yanis Varoufakis speaks to us about how it happened and of ...

The provincial government of Nueva Vizcaya has adopted strict austerity measures amid rising fuel prices resulting from the ...

A wave of austerity measures were implemented in Romania in the wake of the 2008 Global Financial Crisis and subsequent Eurozone crisis. They represented another example of how austerity policies are ...

Greece's unions are holding their third general strike in six weeks in the hope of persuading politicians not to back a major new austerity program that will commit the country to further hardship.