austerity Archives - International Finance

Saudi looks to austerity measures to cut losses

International Finance DeskJanuary 25, 2016

by International Finance DeskJanuary 25, 2016

Government is seeking advice from experts on downsizing budget Suparna Goswami Bhattacharya January 25, 2016: Saudi Arabia has reveled in its oil-rich economy for years, but is finally feeling the pressure of falling oil prices. So much that the government is considering austerity measures. There are enough reasons to think about austerity, especially since the...

Doubts on Greek deal remain

International Finance DeskAugust 14, 2015

by International Finance DeskAugust 14, 2015

The government doesn’t share the ideological underpinnings of the requested austerity measures Peter Vanden Houte August 14, 2015: It seems as if a deal on a third bail-out package (€86 bn over the next three years) between the Greek government and representatives from the IMF, the European Commission, the ECB and the ESM has been...

Exports, Austerity Help Spain Recover from Recession

International Finance DeskOctober 7, 2013

by International Finance DeskOctober 7, 2013

Based on a growth prediction of 0.7 percent the Spanish budget for 2014 included less cuts and greater stimulus. 7th October 2013 Spain’s Prime Minister has presented its most pain free budget in many years, banking on a nascent economic recovery gathering steam in 2014. Based on a growth prediction of 0.7 percent the Spanish...