Austerity

  • Austerity doesn't affect soldiers, kerosene issued in advance: Army 16-01-2014 09:26 AM

    New Delhi: The Indian Army has denied reports of austerity measures affecting the soldiers at the Line of Control. The Army has said that enough kerosene ration has been issued to the soldiers. A CNN-IBN special report had shown how there has been a 57 per cent cut in kerosene...
  • Life of an Indian soldier at LoC: Battling austerity, hostile terrain, cold 15-01-2014 07:56 AM

    Line Of Control: Indian soldiers battle sub-zero temperatures, hostile terrain and austerity measures while protecting the country. CNN-IBN travelled along the Line of Control in Jammu and Kashmir ahead of Army Day on Wednesday. Sub-zero temperatures that go down to minus 20, a hostile terrain that tests your endurance and...
  • Vasundhara Raje's austerity measures to give competition to AAP govt 11-01-2014 08:58 AM

    Jaipur: Delhi's Aam Aadmi Party government's roadside public hearings, austerity drive and brushing aside VIP culture has some serious competition coming from neighbouring Rajasthan's Vasundhara Raje government. After deciding to cut down her security detail by half, not moving to the designated chief minister's house and stopping at traffic lights,...
  • Rajasthan ministers not to avail police escort during district visits 09-01-2014 07:19 AM

    Jaipur: Rajasthan ministers on Wednesday pledged not to avail police escort during their visits to districts and to keep their cavalcade's size as small as possible, following Chief Minister Vasundhara Raje's austerity measures. The Chief Minister applauded the idea and thanked her cabinet colleagues for their resolution at the Collector-SP...
  • A house for Mr Kejriwal, futility of competitive austerity

    Storyteller |  D P Satish
    Referring to Mahatma Gandhi's austerity, Sarojini Naidu, freedom fighter and a close associate of Mahatma had once famously said "it costs a lot to keep...

  • India to stick with austerity despite looming election: P Chidambaram 08-10-2013 08:50 AM

    The government will have to rein in spending and cut subsidies to meet its fiscal deficit target, the country's Finance Minister said on Monday, underlining that an austerity drive will not be blown off course by an election due next year. P Chidambaram told Reuters ahead of a trip to...
  • UPA's new austerity measures, officers to travel only in economy class 18-09-2013 07:32 PM

    New Delhi: The Central Government has announced new austerity measures to cut non-plan expenditure by 10 per cent. Finance Minister P Chidambaram said that the government officials, barring top bureaucrats, will fly only in economy class for domestic tours. The Finance Minister also added that the government will impose a...
  • Greece passes 2013 austerity budget 12-11-2012 07:17 AM

    Athens: Greek lawmakers approved the country's 2013 austerity budget early on Monday, an essential step in Greece's efforts to persuade its international creditors to unblock a vital rescue loan installment without which the country will go bankrupt. The budget passed by a 167-128 vote in the 300-member Parliament. It came...
  • Greece narrowly passes crucial austerity bill 08-11-2012 09:11 AM

    Athens: Greece's Parliament passed a crucial austerity bill early on Thursday in a vote so close that it left the coalition government reeling from dissent. The bill, which will further slash pensions and salaries, passed 153-128 in the 300-member Parliament. It came hours after rioters rampaged outside Parliament during an...
  • Greece narrowly passes crucial austerity bill 08-11-2012 04:11 AM

    Athens: Greece's Parliament narrowly passed a crucial austerity bill early Thursday, in a vote that left the coalition government reeling from dissent as it struggles to secure vital bailout funds. The bill, which will further slash pensions and salaries, passed 153-128 in the 300-member Parliament. It came hours after rioters...
  • Greek lawmakers approve 2012 austerity budget 07-12-2011 06:28 AM

    Athens: Greece's lawmakers overwhelmingly approved next year's austerity budget early on Wednesday, extending tough spending cuts that have already left Greeks struggling as the country tries to slash its vast debts and tame a severe recession. With three parties, including the majority socialists and their rival conservatives, participating in Greece's...
  • Italy PM unveils sweeping austerity package 05-12-2011 10:29 AM

    Rome: Prime Minister Mario Monti will present a 30 billion euro package of austerity measures to parliament on Monday designed to shore up Italy's strained public finances and help to stem a debt crisis threatening to overwhelm the euro zone. Cabinet approved the mix of tax hikes, pension reforms and...
  • 1 dead in Greek riots, government faces dissent 21-10-2011 03:29 AM

    Athens: Clouds of tear gas choked central Athens as rival demonstrators fought with stones and firebombs outside parliament on Thursday, leaving one man dead and dozens injured. Inside, the Socialist government grappled with dissent over the deeply unpopular new cutbacks demanded by creditors to keep the country afloat. Greece has...
  • Protest against Greek austerity vote turns violent 21-10-2011 12:17 AM

    Athens: Clashes between rival groups of protesters broke out in front of the Greek parliament on Thursday, interrupting a rally by tens of thousands against a tough new package of austerity measures due to be approved later in the evening. Police stood by as hundreds of black-clad youths hurled stones...
  • New Greece austerity bill gets initial approval 20-10-2011 12:23 AM

    Athens: Greek lawmakers have granted initial approval to a new austerity bill whose spending cuts and tax hikes have sparked fury on the streets of Athens. The bill received a 154-141 vote late on Wednesday. A second vote on the bill's articles will be held on Thursday in the 300-member...
  • Greece passes austerity bill, public outraged 30-06-2011 08:56 AM

    Greeks criticise the five-year austerity package in order to get $ 17 billion in additional emergency funds. ...
  • Greece backs auterity, protester clash with police 29-06-2011 11:24 PM

    Another bill has to be passed by Thursday for the government to secure the money. ...
  • Greece backs austerity despite violent protests 29-06-2011 09:58 PM

    Athens: Greece's lawmakers approved a key austerity bill on Wednesday to avert default next month, despite a second day of rioting on the streets of Athens that left dozens of police and protesters injured. The passage of the bill was a decisive step for the country to get the next...
  • Protesters clash with riot police in Greece 29-06-2011 09:33 AM

    Athens: A general strike disrupted services across Greece and riots erupted once more outside Parliament as demonstrators protested more taxes and spending cuts essential for the country to receive critical bailout funds that will prevent a potentially disastrous default. Inside Parliament, lawmakers debated on Tuesday new austerity measures which must...
  • Greek PM faces crucial confidence vote 22-06-2011 12:13 AM

    Athens: Greece's prime minister was gambling his government's survival and the danger of a devastating debt default on a Tuesday night confidence vote aimed at helping him passing deeply disliked austerity measures that have provoked strikes, protests and a slump in his popularity. If Prime Minister George Papandreou's new government...
  • EU strives to contain Greek debt storm 21-06-2011 01:05 AM

    Luxembourg: Europe tried to set up a firewall on Monday between the financial turmoil ravaging Greece and the destinies of Ireland and Portugal, the two other bailed-out eurozone countries, and increased pressure on Athens to pass new austerity measures in exchange for saving it from default. Eurozone governments agreed to...
  • Almost half of Greeks oppose austerity deal: poll 19-06-2011 07:44 AM

    Athens: Almost half of Greek voters want parliament to reject a package of harsh economic reforms that the government has agreed in return for a second international bailout to avoid default, according to an opinion poll. The poll, in Sunday's edition of To Vima newspaper, showed they also wanted Greece...
  • Anti-austerity protests turns violent in Greece 16-06-2011 08:25 AM

    Greeks protested a new round of austerity measures that is likely to see more job losses and more tax increases. ...
  • Greek cops clash with anti-austerity protesters 24-02-2011 11:00 AM

    Athens: Greek police clashed with protesters on Wednesday as around 100,000 workers, pensioners and students marched to Parliament to protest austerity policies aimed at helping Greece cope with a huge debt crisis. Riot police fired scores of rounds of teargas and flash bombs at protesters hurling petrol bombs, choking the...
  • 'Austerity' named word of the year in US 21-12-2010 02:07 PM

    Los Angeles: US dictionary publisher Merriam-Webster named "Austerity" as the word of the year Monday, reflecting the cost-cutting ethos that has gripped the US economy and culture. "'Austerity' clearly resonates with many people," said Peter Sokolowski, editor at large at Merriam-Webster, who monitors online dictionary searches. "We often hear it...