Following in the footsteps of Greece, Spain and Portugal, Italy and Great Britain have announced plans to significantly reduce their public deficits. FRANCE 24 takes a look at Europe’s austerity measures.
As a result of the Greek debt crisis, more and more European nations are launching plans to reduce their public deficits. Risking the wrath of trade unions and the population at large, one country after another has announced austerity plans aimed at streamlining the budget and reassuring markets.
Date created : 2010-05-26