Austerity

Speaking of Austerity refers to a state of reduced costs and increased parsimony in the financial sector. The austerity measures, are generally adopted by governments in an attempt to reduce costs, with the aim of tightening literally deficit (deficit) budget.
Austerity: unpopular and controversial
Generally, the austerity measures are unpopular because they tend to lower the amount and the quality of services and benefits normally provided by the government.
Furthermore, austerity is a highly debated topic which opposes a school of thought that believes that in times of economic weakness, fiscal austerity will help to curb the growth.
Since 2009, many countries have been forced to take austerity measures unprecedented, so much so that in 2010 the austerity has been recognized by the G20 as a tool against the crisis.
The measures of "austerity" were considered necessary to reduce the debt that has reached levels Recordo because of actions taken by countries to stimulate their economies as a result of the financial shock and the global crisis of 2008.