But the logic of fiscal retrenchment did little to ease the pain of parishioners at St. Bridget.

The British policy-debate took a turn last week, in a manner that could affect fiscal retrenchment across the rest of the Western world.

The reality is that he's doing only just enough, in terms of fiscal retrenchment, to keep the bond market wolves from the door.

When fiscal retrenchment was necessary, many areas of public spending were cut, but the retrenchment for the council was particularly severe.

Probably because most mainstream "left" parties agree on the need for fiscal retrenchment; the Irish Labour party being the latest example.

If this shift coincides with fiscal retrenchment in the developed world, the consequences could be disastrous.

As long as fiscal retrenchment continues as planned we to expect interest rates to remain at 0.5% for a prolonged period.

He said he would hire consultants to advise the city on how best to care for the bridges in a period of fiscal retrenchment.

We have made a clear break from past governments by supporting capital investment at a time of fiscal retrenchment.

The truth is that capital projects traditionally lose out during times of fiscal retrenchment because cutting other areas of public spending is more politically difficult.