Angry Greek Voters Punish Leaders Over Austerity at the Ballot Box In a deep repudiation of European austerity policies and the lawmakers forced to impose them at home, Greeks punished their ruling parties in parliamentary elections on Sunday and turned instead to an array of anti-bailout parties on the far left and right. PASOK and New Democracy, the two parties that have dominated Greek politics for nearly 40 years, received a combined 33% of the vote -- less ... Anti-austerity votes press euro lower The euro fell heavily across the board on Monday after Greek and French elections cast doubt on politicians' commitment to austerity plans aimed at tackling the euro zone debt crisis. Traders said the ... François Hollande's Victory Sharpens European Austerity Debate After weekend elections in France and Greece punished leaders advocating austerity, Europeans on Monday contemplated a new and untested political landscape shaped by competing demands. Greeks reject eurozone austerity in 'earthquake' vote Greek voters dealt a blow to eurozone hopes that Athens will stick to its austerity commitments as parties opposing more cuts, including neo-Nazis, won almost 60-percent support in an election Sunday. Italy government party wants slower austerity Italy should respond to Francois Hollande's victory in France's presidential election by easing austerity, raising deficit goals and delaying approval of new EU rules on public finances, the economic spokesman ... Greek voters reject pro-austerity parties Greece faced an uncertain future Monday after a stunning election shake-up by parties opposed to further vital austerity cuts, sending shockwaves through markets on fears of renewed eurozone turmoil. Austerity Is So Wrong! We can end the current Depression, but politicians' desire to slash spending is destructive, says Nobel–winning economist Paul Krugman. French vote to test Europe's stance on austerity The election Sunday of socialist Francois Hollande as president of France raises questions about the future of austerity throughout Europe. Europe finds austerity a tight fit Europe has seen austerity, and it doesn't work. With governments across the continent slashing their budgets, unemployment in the 17-nation euro zone hit 10.9 percent in March , its highest level since the euro was first minted in 1999. Eleven European countries — including a couple that are not in the euro zone but have nonetheless inflicted austerity on themselves, such as Britain — are ... Austerity-weary voters punish Greek's mainstream parties Election results rekindle fears of euro zone pullout
Key Words: austerity
References:
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Monday, May 7, 2012
Austerity Is So Wrong! 4 Ways to Stay Sane in a Toxic Office Sen. Harry Reid The Postal Service Must Be Saved Because 'Seniors Love Junk Mail' François Hollande’s Victory Sharpens European Debate Jobs Report More Evidence Doesn't Work Europe's Weakness Finally Reaching Germany Greek Economy Contracting at Rapid Rate Job Numbers Put Obama Between Rock Hard Place Comment on Harsanyi Barack thewhat if president Sarkozy out France; ruling parties lose Greece backlash over austerity Hollande defeats 51.62%to 48.38% France Angry Voters Punish Leaders Over the Ballot Box News Analysis Spain Pursuing Still Waits for Payoff Economic View No Quick Answer Europe and Fate of Euro Greeks Rush Pass Handouts Before crisis deepens Will get an end after elections Breakdow
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