Austerity
BONGA MAKHANYA: Why Tito Mboweni's austerity is bad for growth
Countries should actually be spending their way out of a crisis and not tightening belts, writes Bonga Makhanya.
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Pope rails against 'killer' money-centred economy
Talking about unemployment in Europe, the pope decried 'an economic system that is no longer able to create jobs, because it has put an idol in the middle, money.'
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Greeks call strike over austerity and bailout reforms
Domestic flights and Athens transport were disrupted, ships remained docked for 24 hours and some public services shut as part of the strike organised by Greece’s largest labour unions, private sector union GSEE and its public sector counterpart ADEDY.
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France defies EU partners with no austerity budget
The country previously promised it would bring its deficit below 3% by next year.
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Anti-austerity protests hit Greece
The unions are also protesting against planned public sector job cuts and privatisations.
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Blockupy protesters clash with German police
German police used pepper spray against thousands of anti-capitalist protesters in Frankfurt.
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Thousands rally against European austerity
Trains and ferries were cancelled and hospital staff left their posts in Greece on Wednesday.
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Thousands protest in Spain
Spaniards marched to protest deep austerity, corruption & the privatisation of public services.
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Egyptians fret over economy
Rancorous vote on constitution makes Egpytians worry about the economy.
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Anti-austerity strikes sweep southern Europe
Police and protesters clashed in Spain and Italy on Wednesday as millions of workers went on strike.
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Greek govt. approves more austerity
The Greek govt. defies citizen protests and went ahead with a new austerity plan.
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Cameron won't ease austerity
UK PM David Cameron is steadfast in his ambition to cut a record budget deficit.
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Cameron sees no end to austerity
British PM David Cameron says Britain is still tackling its huge budget deficit.
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Sudan austerity protest spreads
Hundreds of Sudanese residents protested against government spending cuts.
