All Stories: Austerity

Expressing grave concerns over the bill seeking an appraisal of salaries allotted to the parliamentarians, Jamaat-e-Islami (JI) chief Sirajul Haq on Monday urged the lawmakers to adopt austerity.

CM Usman Buzdar, in his statement, said that the provincial government is protecting national exchequer and adopting tradition to spend the resources on nationals.

In the wake of current fiscal situation, Prime Minister Imran Khan on Monday directed the Khyber Pakhtunkhwa (KP) government to adopt austerity in upcoming provincial budget.

After years of stinging austerity measures, Greece emerged on Monday from its third and last bailout, although officials warn the country still has a "long...

TEHRAN: Despite demonstrators chanting provocative slogans against Iran's Islamic rulers, analysts say the roots of the current protests lie in the same anger at...

WASHINGTON: Austerity policies imposed by the International Monetary Fund may harm parents' ability to care for their children's health, according to a study published...

LONDON: Radical leftwinger Jeremy Corbyn on Saturday won the crown of Britain's main opposition Labour party in a landslide victory, becoming the nation's most left-wing political leader for over 30 years.

ATHENS: In a historic, rushed referendum on Sunday that looks too close to call, indebted Greece is voting whether to accept worsening austerity or back the government's rejection, in a gamble that could see it crash out of the euro.

NEW YORK: The euro retreated against other major currencies Friday as struggling Greece refused to meet with its international creditors and rejected fresh loans, and the eurozone showed weaker inflation.

ATHENS: Radical left party Syriza swept to power in Greece on Sunday promising to end years of painful austerity policies, in an election victory that puts the country on a collision course with the EU and international creditors.