der Sparkurs
Translation
austerity drive, austerity course, savings policy, cost-cutting measures
Examples
Die Regierung hat einen strengen Sparkurs angekündigt.
The government has announced a strict austerity drive.
Das Unternehmen befindet sich auf einem harten Sparkurs.
The company is on a tough cost-cutting course.
Grammar Patterns
einen Sparkurs fahren to pursue an austerity drive The government is pursuing a strict austerity drive.
Similar Words
Synonyms: austerity policy, savings policy; Antonyms: spending policy, investment program
Etymology
From 'sparen' (to save) + 'Kurs' (course, direction). A course of action focused on saving money.
Memory Tips
Think of a ship changing its 'Kurs' (course) in order to 'sparen' (save) fuel, taking the most direct, no-frills route.