Greece will present its plan on austerity measures for 2013 to its European counterparts on Wednesday.
The result could determine the fate of austerity measures demanded by Greece's international creditors.
The Greek government is currently introducing austerity measures to help cover its budget deficit.
The parliament of recession-struck Portugal has passed a budget promising another year of austerity measures.
Britain's biggest trade union, Unite, is calling for a 24-hour general strike against austerity measures.
He was the rising star of the recent elections describing the austerity measures as "barbaric".
At a news conference, Mr Jones said the UK government's austerity measures were not working.
Austerity measures reduced the deficit to 11% of GDP in 2010 and about 9% in 2011.
The country plans to use a variety of increasingly deeper austerity measures to pare expenses.
By printing money to help the current deficit crisis even as the government institutes austerity measures.
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The results could influence whether Italy continues austerity measures meant to bolster the country's finances.
Last week, the Greek parliament passed tough austerity measures to secure further financial aid.
Mario Monti outlined new austerity measures, which took the pressure off Italian bond yields.
If he does he will then put a package of austerity measures to parliament next week.
The program stressed less central planning and control, more private initiative and austerity measures.
It, too, will have to introduce new austerity measures while unemployment at over 20% is shocking.
Mr Ponta has vowed to fight "injustices" caused by austerity measures of the outgoing cabinet.
Italy is in recession, and the government is continuing with austerity measures to trim its deficit.
The conditions are unlikely to be much harsher than the latest austerity measures, say Greek officials.
The gains from austerity measures could be swallowed up by such a high debt premium.
Countries get the same pass, usually pushed with the same effort for austerity measures.
Without the ability to devalue, the restoration of competitiveness requires painful austerity measures and wage restraint.
With the ECB aid, however, comes the request for a commitment to austerity measures.
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Greeks have been suffering under painful austerity measures, high unemployment and a long-running recession.
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If QE successfully reduced government-borrowing costs, the pressure for ever-stricter austerity measures would ease marginally.
It says that austerity measures are driving children across Europe into poverty, threatening to create "lost generations".
The movement's current demands focus on the unbalanced distribution of economic costs due to the austerity measures.
Even if the eurozone remains intact, the austerity measures being called for will surely impact European growth.
The two could clash over unpopular austerity measures implemented by Monti as part of a European agreement.
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Among the austerity measures are pay cuts, cuts in pensions, later retirement ages, and fewer government services.
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