Latest in Tag: austerity Highlight
Latest in Tag: austerity

VAT implemented starting Friday: Finance Ministry
A three-month transition period will be applied to allow companies to adapt to the new tax
2014 best economic year since January 2011: Cairo Centre for Economic and Strategic Studies
Following Morsi’s ouster on 30 June, government adopted austerity-style policies, Centre Head says

No difference between current economic policies and Mubarak’s: Al -Tayar Al -Sha’aby
Coalition warns against “grave consequences” over subsidies cut

IMF no longer forces ‘structural adjustment’: Lagarde
The crisis lender is sensitive to charges it dictates socially and economically harsh reforms on countries availing themselves of its support.

Minister of Finance: Egypt’s government seeks to avoid austerity measures
Galal downplayed the importance of resuming talks with the International Monetary Fund (IMF) over the country’s pending $4.8bn loan, which the previous government under former president Mohamed Morsi had been pursuing since August 2012.

Spain to unveil new austerity budget
Spain formulating new budget

Mass anti-austerity rallies in Spain, Portugal
“I see the future as very black”, says a 55-year-old worker
Israel to vote on sweeping austerity measures
(AFP) – Ministers in Israel’s cabinet were on Monday preparing to vote on a package of sweeping economic austerity measures in a bid to cut the budget deficit, in a move expected to hit the underprivileged hard. Central to the plan is a hike in income tax and VAT, as well as a 700 million …

Spain PM announces 65bn euro austerity package
Rajoy performed a U-turn by raising value added sales tax after having promised he would not do so