Word of the Week #10

1.) austerity

2.) "The Domino Effect in Europe's Debt Crisis" article by Khabir Chibber

http://www.bbc.co.uk/news/business-14985256

3.) "Spain has also seen record borrowing costs recently, forcing its government to adopt numerous austerity measures to get its finances under control. "

4.) Noun; a strict economy

5.) At this point Italy should be focused on an austerity in order to recover from their economic mess.