Austerity News

Madrid - Tens of thousands of people marched in dozens of Spanish cities on Thursday against austerity measures enacted by the government, which is under pressure from the EU to reduce its public deficit.

Budapest - Enough is enough! As the number of Europeans taking to the streets to protest the economic dictates of Brussels' Eurocrats increases, Hungary is one country that seems to be straightforwardly ignoring the troika's austere policy prescriptions.

Budapest - 2013 has been a good year for Hungary. After officially ending its recession in May, the country surpassed all expectations, achieving an impressive growth rate of 3.7 percent in the fourth quarter.

Madrid - Spain's center-right newspaper, El Mundo, published the results of a survey on Tuesday, showing that despite Prime Minister Rajoy's assurances that things are better, 60 percent of the Spanish population has less money coming in than they did a year ago.

Fancy a game of high stakes poker, the holiday of a lifetime, or a nearly new Rolex watch? If you can only dream of such things, others live the dream.

The stress of poverty can literally change our appearance. "Manos Unidas" (joined hands), a Catholic organization providing aid to Third World countries, has produced a campaign highlighting just how poverty can etch itself into our faces.

Why is it that American colleges can offer free laptops while in the UK and Europe generally the only thing on offer for students is yet more austerity?

London - Members of Parliament in the UK are set for a bumper 11 percent pay rise. Releasing this news in the same week Chancellor George Osborne delivered his Autumn Statement will be a slap in the face for Brits feeling the financial pinch.

Zero hours contracts have been in the news a lot recently. Next week there is a public meeting in London to lobby against them.

London - We may be living in an era of austerity, but as most people have long realised, the same rules do not apply across the board.