Thousands in UK join anti-austerity march

Last Updated: Saturday, October 20, 2012, 21:15

Labour leader Ed Miliband is among dozens of speakers addressing crowds at the biggest march in London.

Zimbabwe finance minister barricaded into office

Last Updated: Thursday, October 4, 2012, 00:48

Finance Minister Tendai Biti insists he can`t pay them until diamond mining earnings controlled by loyalists to President Robert Mugabe are fully paid into state coffers.

Protest in Spain as govt prepares for austerity measures

Last Updated: Wednesday, September 26, 2012, 10:34

While the government prepares a new round of unpopular austerity measures for the 2013 budget stipulated for announcement on Thursday, protesters in Spain clashed with police in central Madrid, a news wire reported on Wednesday.

U’khand Governor orders austerity measures

Last Updated: Sunday, May 20, 2012, 19:38

Five days after taking oath, Uttarakhand Governor Aziz Qureshi on Sunday ordered several austerity measures aimed at curtailing expenditure at the Raj Bhavan.

Austerity measures on the anvil

Last Updated: Friday, May 18, 2012, 22:08

A cut in spending on foreign travel by ministers and officials, a bar on holding meetings in five-star hotels and a 10 percent slash in budget for workshops and seminars are among the austerity measures government is planning prune expenditure in the wake of a tight economic situation.

Unpopular austerity measures on way, says Pranab

Last Updated: Wednesday, May 16, 2012, 19:01

Worried over deteriorating global economic situation and its impact on India, the government on Wednesday announced that it would resort to "unpopular" austerity measures to deal with fiscal problems but made it clear there is no pressing of "panic button".

Portugal hit by general strike against austerity measures

Last Updated: Friday, March 23, 2012, 09:15

Public services across Portugal ground to a halt as unions staged a 24-hour strike against austerity measures agreed by the government in return for an international bailout.

Euro up versus dollar on Spain

Last Updated: Friday, December 30, 2011, 23:29

The euro edged up against the dollar on Friday after Spain announced a slew of measures to control its finances, but analysts said the single currency would stay pressured in 2012 as the region's debt crisis roils on.

Italian Senate passes austerity measures

Last Updated: Friday, November 11, 2011, 19:12

Italy's parliament is rushing through austerity measures demanded by the European Union to avert a euro zone meltdown, after US President Barack Obama ratcheted up pressure for more dramatic action from the currency bloc.

Greek cabinet approves plan to sack state workers

Last Updated: Sunday, October 2, 2011, 21:55

The Greek cabinet approved a measure on Sunday to begin reducing the number of state workers, a contentious part of an austerity plan aimed at freeing up EU and IMF loans.

Greek state workers disrupt audit talks again

Last Updated: Friday, September 30, 2011, 19:27

Angry civil servants blocked Greek government buildings for a second day on Friday, disrupting the debt-laden country's talks with international lenders on a lifeline bailout payment.

Greece faces auditor verdict, fresh aid at stake

Last Updated: Thursday, September 29, 2011, 08:56

International auditors return to Athens on Thursday to deliver a verdict on whether Greece's tougher austerity measures qualify for aid to avert a default that would plunge the country into bankruptcy.