Greece’s radicals won praise for transforming themselves into a mainstream party of the center left. But the country’s economy has suffered greatly under their leadership.
Tag: Budgets and Budgeting
Austerity Has Ravaged U.K. Communities. It Has Also Spurred Reinvention.
As local governments across Britain grapple with shrunken budgets, many are going into business, funding cooperatives and speculating in real estate.
European Union Warns Italy to Reduce Spending and Borrowing
The warning by the European Commission was expected in the face of a populist government that intends to cut taxes and increase spending and despises Brussels.
Missing Millions Put an American-Funded Afghan College Under Scrutiny
The American University of Afghanistan is at risk of closing after United States government investigators said they could not account for $63 million in spending.
Britain’s big squeeze: ‘This Is All We Can Afford’: Shrinking Lives in the English Countryside
In Cumbria, a bucolic landscape masks growing poverty and isolation. As bus lines are cut and services dry up under austerity, older people are feeling new constraints.
Cars, Contracts and Debt: What Istanbul’s Mayor Found in 17 Days
Before President Recep Tayyip Erdogan of Turkey forced a do-over of the Istanbul election, the opposition leader Ekrem Imamoglu found evidence of wasteful spending by Mr. Erdogan’s allies, he said.
Notre-Dame: A Calamity Threatening to Be Repeated Across France
France’s dazzling heritage in stone has proved both beautiful and burdensome for the state, and well beyond its means to maintain.
A Pledge to End Austerity, After Brexit
The chancellor of the Exchequer said that the government could reap a $35 billion Brexit dividend, but only if it reaches a deal with the European Union.
U.K. Knife Crime Rises. Are Budget Cuts to Blame?
The police have been subjected to funding cuts, but so have a broad range of social service agencies, though Britain remains a very safe place.
Unrest in France Hinders Macron’s Push to Revive Economy
The Yellow Vest protests roiling the country have cost businesses billions of euros and threatened President Emmanuel Macron’s strategy for growth.