austerity

A demonstrator stands as he participates in a 24-hour general strike in Athens on April 9, 2014. Greek unions held a 24-hour anti-austerity strike today shutting down ferry services to the country's world-famous islands, disrupting rail travel and closing pharmacies and several government offices. They protest new labour reforms demanded by the country's EU-IMF creditors.

Aris Messinis/AFP

A demonstrator stands as he participates in a 24-hour general strike in Athens. Greek unions held a 24-hour anti-austerity strike on Wednesday shutting down ferry services to the country’s world-famous islands, disrupting rail travel and closing pharmacies and several government offices.

Commuters cast long shadows as they walk along Lisbon's Comercio square during a partial strike by Lisbon's subway workers, Thursday, Nov. 28, 3013. The strike is against salary cuts and other austerity measures linked to the 2014 national budget

Francisco Seco/AP

Commuters cast long shadows as they walk along Lisbon’s Comercio square during a partial strike by the city’s subway workers. The strikers are protesting against salary cuts and other austerity measures linked to Portugal’s 2014 national budgetRead more

Firemen take part in a demonstration of Italian trade unions Cobas and Usb against austerity measures and European politics. Thousands of people protested against economic austerity in Rome today as partial transport strikes across the country cancelled dozens of flights and snarled buses and trains.

Filippo Monteforte/AFP

Firemen take part in a demonstration of Italian trade unions Cobas and Usb against austerity measures and European politics. Thousands of people protested against economic austerity in Rome today as partial transport strikes across the country cancelled dozens of flights and snarled buses and trains.

Protesters chant slogans and carry a banner reading "No", during a rally organized by Greece's ADEDY main public sector union, in central Athens, on Thursday, Aug. 29, 2013. Hundreds of state employees took part in the rally  and held a 4-hour work stoppage to protest planned mandatory public sector employee transfers and suspensions as part of the government's harsh austerity drive.

Petros Giannakouris/AP

Protesters chant slogans and carry a banner reading “No”, during a rally organised by Greece’s Adedy main public sector union in Athens on Thursday. Hundreds of state employees took part in the rally and held a four-hour work stoppage to protest against planned mandatory public sector employee transfers and suspensions as part of the government’s austerity drive

Municipal public school guard Yiorgos Avramidis (C), 43, married with two children of three and six, from the northern Greek town of Edessa, is comforted by colleagues in front of a police line guarding the Greek parliament in Athens. REUTERS/Yannis Behrakis

Yannis Behrakis/Reuters

Municipal public school guard Yiorgos Avramidis, centre, from the town of Edessa in northern Greece, is comforted by colleagues in front of a police line guarding parliament in Athens.

Portugal Financial Crisis

Francisco Seco/AP

Commuters walk along Praça do Comércio during a 24-hour subway workers strike in Lisbon, Portugal on Thursday. Read more

Students, teachers and parents protest against the government's cost-cutting reform plans in education as part of austerity measures, in front of the Education Delegation building in Malaga, southern Spain May 9, 2013, during a nationwide general strike called by the education sector.

Jon Nazca/Reuters

Students, teachers and parents protest against the government’s cost-cutting reform plans in education as part of austerity measures, in front of the Education Delegation building in Malaga, southern Spain, during a nationwide general strike called by the education sector

Protestors against austerity and property taxes outside the Ballymascanlon Hotel in Dundalk where Taoiseach Enda Kenny was due to have lunch after officially opening the new eBay Inc European Operations Centre.

Julien Behal/PA

Protesters against austerity and property taxes outside the Ballymascanlon Hotel in Dundalk, Ireland where Taoiseach Enda Kenny was due to have lunch after officially opening the new eBay Inc European Operations Centre.

Pensioners shout slogans and hold a flag depicting Che Guevara during an anti-austerity demonstration in central Athens on April 19, 2013.

Aris Messinis/AFP

Pensioners shout slogans and hold a flag depicting Che Guevara during an anti-austerity demonstration in central Athens on Friday.