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  1. The first austerity package was the first in a row of countermeasures to counter the Greek government-debt crisis. It was approved by the Hellenic Parliament in early 2010. The purpose was to reduce the budget deficit. These measures preceded the First Economic Adjustment Programme for Greece known as "memorandum".

  2. Austeritätspolitik. 1. Begriffsentstehung. A. (von lateinisch austeritas, -atis, deutsch: Strenge, Ernst, Herbheit) ist ein vornehmlich im wirtschaftspolitischen Kontext verwendetes Wort zur Umschreibung einer „Sparpolitik“ eines Staates, die im Ziele der Haushaltskonsolidierung steht. Der Begriff der „Austerität“ wurde zunächst als ...

  3. Debt control: Austerity is a set of economic policies implemented by a government to control public sector debt. Measures: Austerity measures include a reduction in government spending, an increase in tax revenues, or both, to reduce the budget deficit and avoid a debt crisis. UK austerity: The UK government implemented austerity measures ...

  4. 29. Juni 2011 · Advertising. Greece needs to make budget cuts of almost 30 billion euros to qualify for a second bailout package – worth some 100 billion euros – from the IMF and the EU. The measures have ...

  5. The suicide rate in Greece has increased 26.5 per cent from 377 in 2010 to 477 in 2011, and has increased by 104.4 per cent in the case of women.24. Between 2001 and 2008 the number of people aged between 18 and 60 living in households with no income remained fairly constant, falling slightly from 9.4 to 7.5 per cent.

  6. 17. Aug. 2015 · Austerity is not only a politics of fiscal cuts aimed at reducing debt – it would be mightily failing if that were the only scope. It is, rather, a complex system of internal devaluation to be achieved via budgetary cuts and reforms, aimed at increasing competitiveness. The deeper the economic crisis, the harsher the programme of austerity.

  7. 10. Apr. 2024 · France, the euro zone's second-biggest economy, will overshoot its budget deficit target for a second straight year in 2024 and plans to seek a further 10 billion euros ($10.76 billion) in cuts to ...