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Austerity

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  • Greece: When will the blame game end?   Thursday, 19 Mar 2015 | 12:00 PM ET
    Greece: When will the blame game end?

    Bob McKee, chief economist at Independent Strategy Ltd, discusses Greece in terms of what they can do to pay back their debt.

  • Riots at the European Central Bank Wednesday, 18 Mar 2015 | 1:57 PM ET
    A burning police car is seen during Blockupy movement protests against EUs austerity measures on the day the European Central Bank (ECB) headquarters official opening in Frankfurt am Main, Germany, on March 18, 2015.

    Rising tensions from anti-austerity moves in Europe came to a head when thousands of protesters rioted at the opening of the new ECB headquarters.

  • LONDON, March 18- British finance minister George Osborne sought to court voters ahead of a May 7 election by pitching an earlier end to austerity, faster economic growth and lower taxes in future. In his last budget statement before May's national election, Osborne said Prime Minister David Cameron's government had saved Britain's economy and would bring...

  • ECB protests turn violent   Wednesday, 18 Mar 2015 | 10:38 AM ET
    ECB protests turn violent

    CNBC's Annette Weisbach reports the latest on anti-austerity protesters blocking the inauguration ceremony of the new offices of the ECB.

  • LONDON, March 18- British finance minister George Osborne lowered his target for a future budget surplus and announced higher economic growth forecasts as he sought to show voters that the country's recovery is entrenched. Britain's independent budget forecasters said at the time of the previous forecasts that to reach the target, public spending would...

  • UK to target smaller budget surplus in 2019/20 - Osborne Wednesday, 18 Mar 2015 | 9:03 AM ET

    LONDON, March 18- Britain is aiming for a lower budget surplus by the end of the decade than it was just a few months ago, according to forecasts announced by finance minister George Osborne on Wednesday. Britain's independent budget forecasters said at the time that to reach that target, public spending would need to fall to its lowest share of GDP since the 1930 s.

  • Greek leader defiant ahead of bailout meeting Wednesday, 18 Mar 2015 | 8:17 AM ET

    ATHENS, Greece— Greek Prime Minister Alexis Tsipras insisted Wednesday his government will honor an election promise to end budget austerity— a note of defiance ahead of an expected meeting with the leaders of Germany and France on the country's troubled bailout. Tsipras is expected to meet German Chancellor Angela Merkel, French President Francois...

  • LONDON— The British budget to be unveiled Wednesday will be driven by three certainties: death, taxes and the desire of incumbent governments to win re-election. Treasury chief George Osborne will, as tradition dictates, carry a battered red briefcase containing his budget into the House of Commons before outlining his tax and spending plans— a piece of annual...

  • WASHINGTON— Bolstered by a spate of upbeat economic news, President Barack Obama is claiming the upper hand in the budget fight unfolding in Congress, aiming to exploit recent Republican stumbles to give Democrats an advantage despite their status as a weakened minority. The White House has put a spotlight on GOP missteps and infighting in recent weeks,...

  • Zingales: QE is too important   Monday, 16 Mar 2015 | 7:00 AM ET
    Zingales: QE is too important

    Luigi Zingales, Professor at University of Chicago, says that there's a "60/40" chance of a Grexit in the next 12 months, but adds that quantitative easing is more important than worrying about Greece right now.

  • Monti: Greek contagion is now less explosive   Monday, 16 Mar 2015 | 6:30 AM ET
    Monti: Greek contagion is now less explosive

    Mario Monti, former prime minister of Italy, says that the risk of a Greek contagion and a domino effect is much more under control and less explosive than in previous years.

  • LONDON, March 15- British finance minister George Osborne offered a sweetener to pensioners on Sunday, less than two months before a national election, but promised there would be no big giveaways for voters when he sets out his final pre-vote budget. While his hopes of delivering major tax cuts have been frustrated by slow progress in bringing down Britain's...

  • Cecchetti: ECB QE is already a success   Tuesday, 10 Mar 2015 | 12:50 PM ET
    Cecchetti: ECB's QE is already a success

    Stephen Cecchetti, professor of international economics and finance at Brandeis International Business School, says that the quantitative easing program is already a success, however, the risk-sharing aspect may be problematic for Europe.

  • Eurogroup: Time to take Greece talks 'seriously'   Monday, 9 Mar 2015 | 12:10 PM ET
    Eurogroup: Time to take Greece talks 'seriously'

    Regarding Greece's debt negotiations, Jeroen Dijsselbloem, president of the Eurogroup, says "We have to stop wasting time and really start talks now seriously."

  • Greece 'threatens' referendum ahead of FM meeting

    CNBC's Michelle Caruso-Cabrera reports on the official start of quantitative easing in Europe and whether EU finance ministers will give any money to Greece.

  • Strong growth ahead for Ireland: CEO   Wednesday, 4 Mar 2015 | 1:20 AM ET
    Strong growth ahead for Ireland: CEO

    Danny McCoy, CEO of IBEC, tells CNBC that despite high debt levels in Ireland, he sees a strong year of growth ahead.

  • Ireland must support SMEs: CEO   Wednesday, 4 Mar 2015 | 1:20 AM ET
    Ireland must support SMEs: CEO

    Gary McGann, CEO of Smurfit Kappa, tells CNBC that Ireland needs to support SMEs which are fundamental to a sustainable recovery.

  • ECB: Greek tensions bubble over in Brussels   Thursday, 26 Feb 2015 | 11:20 AM ET
    ECB: Greek tensions bubble over in Brussels

    Notis Marias, Greek Independent MEP, explains why he thinks that the European Central Bank is profiting from Greece's debt.

  • How will Greece pay their bills?   Wednesday, 25 Feb 2015 | 11:25 AM ET
    How will Greece pay their bills?

    CNBC's Julia Chatterley talks to Yanis Varoufakis, finance minister of Greece, and asks him how Greece will pay their bills and what are their future plans.

  • Rubenstein on Greek bailout extension   Tuesday, 24 Feb 2015 | 9:00 AM ET
    Rubenstein on Greek bailout extension

    Euro zone finance ministers have approved a four-month extension of Greece's bailout. David Rubenstein, Co-Founder and Co-CEO of The Carlyle Group, says negotiations will continue to happen for a long time, despite the extension.