Published on June 9, 2010 by Technology Slice
2 Million Strike In Spain – Nearly 2 million Spanish state employees have stopped work in anger over government spending cuts that will see them lose about 5 per cent of their salary. It is the first time civil servants have gone on strike since the government announced $22 billion worth of austerity measures last [...]
Tags: Austerity Measures, Capital Madrid, Civil Servants, Crowds, Debt Burden, Economy Ministry, Emergency Services, Government Spending, Horns, Protester, Protesters, Public Sector Salaries, Public Servants, recession, Saucepan Lids, Socialist Government, Spanish State, State Employees, Vow, Whistles
Posted in General
Published on May 7, 2010 by Technology Slice
Greece Debt Problems Cause Massive Drop In Stocks – The stock market had one of its most turbulent days in history as the Dow Jones industrials fell to a loss of almost 1,000 points in less than half an hour on fears that Greece’s debt problems could halt the global economic recovery. The market’s plunge [...]
Tags: Austerity Measures, Debt Problems, Dow Jones, Dow Jones Industrials, economic recovery, European Countries, Fears, Financial Crisis, Greek Parliament, Half An Hour, Indexes, Massive Drop, Parliament, Percentage Drop, Plunge, Protestors, Protests, Stock Market, Turbulent Days, Worries
Posted in Money
Published on May 3, 2010 by Technology Slice
Greece Agrees to $30 Billion Deal – Greece has agreed a package of austerity measures under which it aims to cut its budget deficit by 30 billion euros over three years on top of measures already agreed, Finance Minister George Papaconstantinou said on Sunday. Under the deal with the European Union and International Monetary Fund [...]
Tags: Athens, Austerity Measures, Budget Deficit, Collapse, European Union, Euros, Finance Minister, Fiscal Consolidation, Fuel Alcohol, Gdp, Greece, Gross Domestic Product, International Monetary Fund, International Monetary Fund Imf, News Conference, Pensions, Public Sector Salaries, Tobacco Taxes, Vat
Posted in Money, Politics
Published on March 9, 2010 by Technology Slice
U.S. And Greece To Talk Finance – US President Barack Obama and Greek Prime Minister George Papandreou to hold talks overnight on economic issues amid concerns that speculators are undermining Greece’s efforts to overcome a severe debt crisis. Mr Papandreou arrived in Washington after visits to France and Germany as part of efforts to drum [...]
Tags: Austerity Measures, barack obama, Debt Crisis, Economic Issues, Economic Output, Economic System, Europe And America, European Union Member States, George Papandreou, Greek Leader, Greek Prime Minister, Human Consequences, Mr Papandreou, Oval Office, Public Address, Public Debts, Speculative Attacks, Speculators, Union Member States, Utter Disregard
Posted in Money
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