Austerity in Europe

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

Portuguese left nears coalition deal

Socialist leader says left coalition would respect euro rules


Chancellor, George Osborne, leaves Downing street to deliver the budget ©FT
Britain’s councils are more efficient but now face serious challenges
– FT View
A government insistent on cutting debt should not make it worse with bungs for wealthy savers
UK chancellor should shoot Labour’s fox by trimming spending cuts

Portugal’s socialists eye leftist alliance

Talks set to resume in week ahead

Spain faces Brussels rebuke over budget

Commission to warn over deficit targets and call for more cuts

Austerity activists march on conference

As many as 60,000 people rally against cuts

Tsipras appoints top negotiators to cabinet

Re-elected Greek PM shows commitment to tough new austerity programme

Greece looms over Portugal’s poll battle

Centre-right government defends its economic record

Osborne awaits sacrifices to austerity

Radical options may keep shake-ups in departments’ own hands

WEALTH MAGAZINE West Hall Care home Surrey, part of a trend for care catering to wealthy pensioners. Pictured Residents taking part in Tai Chi. Credit: David Parry/ FT
©David Parry

Councils warn of £10bn costs beside cuts

Living wage and social housing policies add to squeeze

Madrid unveils ‘budget of recovery’

Tax cuts and higher salaries for public workers promised

Greece crisis overshadows Portugal poll

Voters to deliver verdict on 4 years of austerity in October election

Irish debate how to spend surplus

National dialogue about best use of €1.5bn ‘fiscal space’

Renzi tax-cut plan risks Brussels clash

Italian prime minister seeks more leeway to energise economy

Osborne asks for 40% budget cut plans

Chancellor prepares to target unprotected departments

Austerity spurs wave of council innovation

Cash-strapped councils turn into engines of entrepreneurialism

Councils team up to soften austerity rigours

Secret garden blooms as people prepare for new ‘deal’

Ammunition for ‘armchair auditors’

FT data show how spending and services have changed in your area

Austerity’s £18bn impact on local services

FT finds welfare system creaking under weight of growing demand

Tsipras wins Greek vote backing bailout

Austerity pushed through to backdrop of violence and Syriza split

Sinn Féin embraces Syriza as ally

Move shows structural shift in EU politics after euro crisis

Greek poverty overwhelms charities

Voluntary groups take the strain of social service provision