And polls show a similar result may be produced again this time, although European leaders warn deviating from the cost-cutting path could lead Greece out of the euro.

BBC: Journey across crisis-hit Greece

For the time being, though, and for years to come, deficit-cutting is the only path to righteousness, she says.

ECONOMIST: Charlemagne

Cost-cutting alone is not a path to survival in the face of continued declines in print revenue and fierce competition in the digital world.

CNN: Does local journalism have a future?

An edgier but highly effective path to cost-cutting is literally cutting pills in half.

FORBES: Health

America's biggest airline, American Airlines has prepared a glide path down to Chapter 11 by laying out a cost-cutting strategy and a financing plan before it asked its workers to agree to wage cuts.

ECONOMIST: America's airlines and the war