That back-and-forth produced a compromise: bilateral loans from EU countries, IMF assistance and a strict austerity program.
However, Sweden is sticking to a fiscal austerity program that has coincided with a rapidly growing economy.
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Greece is suffering under a harsh government austerity program and businesses are being crippled by a lack of competitiveness.
The win represented support for Rajoy's government as it tries to reduce Spain's deficit through a rigorous austerity program.
Corporations have their austerity program in order to meet requirements of a bankruptcy, but they come dancing out the other side.
Greece has already agreed to a harsh austerity program and labor market reforms, which have led to violent street demonstrations and crippling unemployment.
Last year, the UK government ignored calls from the International Monetary Fund to relax its austerity program and allow for an economic recovery.
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At the extreme, a premature, unbalanced austerity program may fulfill F.
In the interview, Mr. Cameron also said the government would stick to its austerity program and redouble efforts to make sure its economic policies are delivering.
Mr. Samaras has been a staunch supporter of Greece's euro membership, even though he says he wants to loosen the austerity program to combat the country's deep recession.
In return for the bailout, Bangkok must meet certain stringent conditions -- such as reducing the current-account deficit and keeping inflation under control -- through a tough austerity program.
In return for international bailout funds, Greece has agreed to a harsh austerity program and labor market reforms -- measures that have led to violent street demonstrations in the past.
Certainly, a lot has changed since the disaster of October's Cannes summit, which ended in disarray after the Greek prime minister announced plans to call a referendum on the country's austerity program.
And while Golden Dawn gained strength, another far-right party, LAOS, lost its small presence in the 300-seat parliament as voters punished it for its support for Greece's austerity program, Gemenis pointed out.
So we can be sure that there will be a great deal of horse trading going on for different ministerial seats, and different priorities in terms of the austerity program going forward.
July's loan to Greece (plus an austerity program) and the U.S. Congress' recently adopted deficit reduction plan are ''further critical elements of financial stability, '' she said, and can be implemented ''without undermining growth.
The Greek debt load, even if it is 120% debt-to-GDP, is way too high for a country that really is going through an austerity program to be able to grow their way out.
Spaniards from all walks of life, from consumers to homeowners to government employees, are worriedly girding for the bite of the harshest economic-austerity program in the nearly four decades since Spain returned to democracy.
As a condition for further aid, Greece's official lenders have demanded cross-party support for the overhaul and austerity program to ensure there is no backsliding after a new government takes office later this spring.
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The riots came as a surprise to the vast majority of Britons and raised thorny questions for a country in the throes of an austerity program that has slashed budgets for social services and policing.
Under intense pressure from the EU and international market participants, the government adopted a medium-term austerity program that includes cutting government spending, decreasing tax evasion, reworking the health-care and pension systems, and reforming the labor and product markets.
The German public appears to dislike Merkel's austerity program at home but is also strongly resistant to supporting the economies of other states such as France, which are asking for Germany to take measures to stimulate the wider European economy.
Speaking in a nationally televised statement, Syriza leader Alexis Tsipras congratulated Mr. Samaras on his victory but indicated he wouldn't support a government that continues with Greece's tough program of austerity and structural overhauls, known here as the memorandum.
Essentially, the Debt Supercycle is the decades-long growth of debt from small and easily-dealt-with levels, to a point where bond markets rebel and the debt has to be restructured or reduced or a program of austerity must be undertaken to bring the debt back to manageable proportions.
But a program to end the austerity in Greece and restore that country to stability would have benefits for Europe that would go well beyond Greek borders.
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And why would it want to pile on more austerity when what is needed is a program for economic growth?
The recovery program was grounded in genuine austerity, including spending, which rose in many other European nations which choose to hike taxes.
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As austerity is the mood of the federal government, it is doubtful another massive stimulus program is coming.
Berlusconi has criticized Germany and its program of structural reforms that looks to raise taxes and impose greater fiscal austerity.
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Under its second bailout program, approved this year, Greece has agreed to implement a series of austerity measures and undertake broader reforms to make its economy more competitive.
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