Austerity in Europe

Europeans are braced for a new age of austerity as governments across the region take action to eliminate unsustainable budget deficits

From WORLD May 16, 2013

Hollande goes on economic ‘offensive’

French President Francois Hollande arrives for a press conference on May 16, 2013 ©AFP

Embattled French president pledges ‘more growth and less austerity’

Editorial

Presidential poetry
Irish President Michael D. Higgins’ words are worth listening to
France’s trust issues
Hollande has to be bolder to revive business confidence
Europe and the politics of fatigue
Disputes about the pace of austerity could turn toxic
A protester shouts slogans during a demonstration by students protesting against education cuts at Puerta del Sol ©Getty From WORLD May 14, 2013

Indignados focus on workaday survival

Spanish protesters’ demands are more concrete and less ambitious

From WORLD May 13, 2013

French support for EU plummets

Only 41% have favourable opinion of the EU, down from 60% in 2012

Wolfgang Schauble, UK Chancellor George Osborne, IMF Managing Director Christine Lagarde, and Jim Flaherty, Minister of Finance, Canada ©PA From UK May 9, 2013

IMF set to call for easing of UK austerity

Clash with Treasury looms as economic data improve

From WORLD May 9, 2013

Italy sees xenophobic ‘nightmare’ Europe

Senior politicians warn on rise of populist parties

Comment and analysis

Podcast: Eurozone austerity vs growth

World Weekly

The growth vs austerity debate has been a focal point of eurozone politics over the past weeks

From WORLD May 7, 2013

Paris and Berlin seek to put differences aside

Formation of European banking union leads agenda

Pedro Passos Coelho, Portuguese Prime Minister ©EPA From GLOBAL ECONOMY May 5, 2013

Portugal begins further austerity talks

Government faces uphill struggle to win union support

French President Francois Hollande arrives for an EU summit in Brussels ©Getty From WORLD May 5, 2013

Protests mark Hollande anniversary in power

President’s poll ratings slump as economy stagnates

Flags of the EU member states fly in front of the European Parliament in Brussels ©AFP From GLOBAL ECONOMY May 3, 2013

EU economies to breach deficit limits

France, Spain and the Netherlands to miss deficit targets

The new five-euro banknote are seen after being presented by European Central Bank (ECB) President Mario Draghi ©AFP From GLOBAL ECONOMY May 2, 2013

Draghi urges faith in austerity measures

Countries told not to ‘unravel their efforts’ on cutting deficits

From WORLD May 2, 2013

Dublin backs its president over austerity

Deputy prime minister insists president’s comments were ‘helpful’

From GLOBAL ECONOMY May 1, 2013

Irish president warns on EU social risk

Higgins speaks out on austerity debate amid May day protests

From WORLD May 1, 2013

Austerity deepens polarisation in Portugal

Government on collision course with moderate trade unions

From WORLD May 1, 2013

Europe May Day protests target austerity

Politicians from left and right lead marches against cuts

From WORLD May 1, 2013

Slovakia’s leader rails against austerity

Fico calls to reignite growth and end ‘counter-productive’ moves

From WORLD Apr 30, 2013

Portugal unveils plan to extend austerity

Lisbon to squeeze spending but not extend tax rises

In depth

Eurozone in crisis

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FT’s Austerity Audit

Austerity audit FT series: the impact on local economies of the sweeping changes to Britain’s benefit system

Europe

Pain index Austerity packages measured against household income