das Sparpaket
Translation
austerity package, savings package, austerity measures
Examples
Die Regierung hat ein neues Sparpaket beschlossen.
The government has decided on a new austerity package.
Das Sparpaket trifft viele Bürger hart.
The austerity package hits many citizens hard.
Grammar Patterns
to pass/decide on an austerity package ein Sparpaket beschließen/verabschieden The government has passed an austerity package.
Similar Words
Austeritätsprogramm, Kürzungspaket
Etymology
From 'sparen' (to save) and 'das Paket' (the package). Literally a 'savings package'.
Memory Tips
Imagine a government 'package' (Paket) delivered to the country, filled only with measures for 'saving' (sparen) money, not presents.