Argentina's austerity plan has gained only shaky political support and, in itself, will not end a three-year recession.
The vote saw 169 in favour of the Socialist government's austerity plan and 168 against, with 13 abstentions.
The current effort is the seventh austerity plan since Mr de la Rua came to office in December 1999.
Most of Europe is already under austerity, and chances are that America will eventually embark on its own austerity plan.
Mr Miliband began by saying the government's "austerity plan" was failing and people needed to know there was a credible alternative.
World stocks are tumbling on Tuesday after Greece announced that it would hold a public referendum on the new austerity plan.
The real problem is if the premise of his longer, deeper austerity plan is also wrong, and that Vince Cable is right.
The government will probably depart from its current austerity plan once unemployment rates reach 6%, but fiscal spending will be heavily constrained.
The U.K. plan is nevertheless an excellent compromise, since an austerity plan based entirely on spending cuts would have had slim odds of adoption.
Socrates told his fellow lawmakers that failing to accept his austerity plan would lead to a bailout which would count with harsher deficit reduction plans.
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Polls suggest that between 70% and 80% oppose the austerity plan.
Nor is it likely to kibosh the government's five-year austerity plan.
The entire EU austerity plan is based on a false premise.
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For her part, Ms Merkel vexed the French by unilaterally banning naked short-selling, then springing an austerity plan just as the French were urging more stimulus.
Friday, the 18 members of the National Commission on Fiscal Responsibility and Reform failed to pass an austerity plan to slash the U.S. budget deficit by 2015.
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Will Mr Kiriyenko's austerity plan, backed up with kind words but no new money from the West, be enough to ward off the demons of economic doom?
What most of our customers have today is both an austerity plan to save money and at the same time an investment plan to reapply that money to innovation.
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If Greece does not follow through on its austerity plan as agreed with European leaders, the nation could be cut off from the international aid it needs to avoid default.
There was widespread speculation as to what would be in the austerity plan but, for a while, it seemed as if the government was happy for nothing to be confirmed.
Greece, the first of the peripherals to implode and take bailout money, was also downgraded, sending it deeper into junk status. (Read Portuguese Parliament Rejects Austerity Plan, PM Socrates Resigns).
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It should strengthen now, as the economy picks up, though some buffeting may intervene if investors react sceptically to the half-hearted new austerity plan which the government approved in principle this week.
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President Carolos Papoulias, a soft-spoken leftist whose office is meant to be above politics, reacted to the austerity plan with a one-sentence call for people who robbed the state coffers to be punished.
Even those who accept that Greece's problems are largely self-made are depressed by an austerity plan that seems to offer so little hope for the medium term, and will punish many hard-working and modestly paid ordinary Greeks.
But there can be no devaluation to make Greece a newly cheap destination, and harsh new taxes on business included in the government's austerity plan may kill the entrepreneurial spirit of those bold enough to try new things.
Earlier, stocks had posted stronger gains after French President Nicolas Sarkozy and German Chancellor Angela Merkel said they had agreed on a new euro-zone fiscal program to combat the debt crisis, and Italy's new prime minister outlined a new austerity plan.
The news comes ahead of an all-important ECB meeting in which consensus estimates are that the institution headed by Jean Claude Trichet will hike its main policy rate by 25 basis points, according to Nomura. (Read Portuguese Parliament Rejects Austerity Plan, PM Socrates Resigns).
In terms of the austerity plan, I think what we see is that both of our nations have a strong commitment to sustaining a strong economic recovery and a strong commitment to reducing deficits, and that's the position of the U.S. government, that's the position of the British government.
European Union, International Monetary Fund and Greek officials last week agreed upon a rescue plan for Greece, and that plan and austerity measures had to be approved by the Greek parliament before the aid plan goes into effect.
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