Tag: Austerity measures
Lula approves spending cuts to meet Brazil’s fiscal framework
Brazil's President Luiz Inacio Lula da Silva has taken decisive action to address the country's fiscal challenges. In a meeting with his economic team, Lula approved spending cuts in order to comply with Brazil's...
Avoiding Another Greek Crisis: Europe’s Top Priority
Another debt crisis is brewing in Europe, and this time it's Greece that is at the center of it. The country needs European creditors to release funds from a bailout agreement made in 2015...