events

Mass protests in Greece erupt in response to austerity measures imposed by the government as a result of the Greek government-debt crisis.

Historical image related to Mass protests in Greece erupt in response to austerity measures imposed by the government as a result of the Greek government-debt crisis. from May 5, 2010

Anti-austerity movement in Greece

2010–12 civil unrest over the government debt crisis and resulting policies

The anti-austerity movement in Greece involved a series of demonstrations and general strikes that took place across the country. The events, which began on 5 May 2010, were provoked by plans to cut public spending and raise taxes as austerity measures in exchange for a €110…
Source: Wikipedia (CC BY-SA)

Austerity

Economic policies intended to reduce government budget deficits

In economic policy, austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes…
Source: Wikipedia (CC BY-SA)

Greek government-debt crisis

Sovereign debt crisis faced by Greece (2009–2018)

Greece faced a sovereign debt crisis in the aftermath of the 2008 financial crisis. Widely known in the country as The Crisis, it reached the populace as a series of sudden reforms and austerity measures that led to impoverishment and loss of income and property, as well as a…
Source: Wikipedia (CC BY-SA)