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Articles on Austerity

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European markets have so far reacted cautiously to Greek anti-austerity party win. EPA/Juan Carlos Hidalgo

Greece: a collision with lenders would be disastrous for growth

Syriza, in choosing to enter into coalition with the Independent Greeks, is sending a clear message to the Eurozone’s leaders: it is intent on challenging Greece’s debt repayments. So, some form of challenge…
It doesn’t look good for prime minister Antonis Samaras. EPA

Markets threaten Greek democracy ahead of election

Greece faces a decisive moment on January 25 in a snap election that could see major gains for the extreme left and right. But anyone worried about how Syriza on one side, or Golden Dawn on the other…
Rebuilding Greece’s economy – a Sisyphean task? Mopic via shutterstock

A Syriza election win would be a serious setback for Greece

The Greek economy, after five years of recession, has nearly reached the top of the hill it has been climbing. But there is a real threat that in just a few months it will roll back down again. Like Sisyphus…
Struggling with the numbers? PA Wire

How George Osborne fell into the deficit gap

The Autumn Statement was supposed to be a celebratory moment for the coalition government – with its deficit-reduction strategy nearing completion and the 2015 election on the horizon, pre-election giveaways…
Stormont can learn from its southern neighbour on how to cut its deficit. Robert Young

Northern Ireland should look south to cut its costly deficit

Northern Ireland is engaged in another round of high level talks involving the British, Irish and US governments to resolve the latest political impasse at Stormont. In the shadow of these sensitive discussions…

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