Tag: EU austerity policies

• Wednesday, July 11th 2012 - 22:33 UTC

  ILO anticipates further job losses in Euro-zone because of austerity measures

  

  The Euro-zone could lose 4.5 million more jobs in the next four years unless the region shifts away from austerity, the International Labour Organization (ILO) has warned. That rise would take unemployment in the 17-nation bloc to 22 million.

• Monday, May 14th 2012 - 19:11 UTC

  Germany prepares to receive Hollande but insists on tight austerity measures

  

  The European Union cannot amend agreed rules on tighter fiscal discipline despite voters' rejection of austerity policies in several countries, and France's new leader must understand this, Germany's finance minister said.