German-English translation for "Sparpaket"

"Sparpaket" English translation

Portugal has announced a major austerity package, hoping for the same effect.
Portugal hat ein großes Sparpaket angekündigt, in der Hoffnung auf denselben Effekt.
Source: News-Commentary
The day after Spain announced its austerity package, its bonds were downgraded.
Am Tag, nachdem Spanien sein Sparpaket angekündigt hatte, wurden seine Staatsanleihen herabgestuft.
Source: News-Commentary
It is true: this is the fourth package in a few months.
Es ist wahr: Dies ist das vierte Sparpaket innerhalb weniger Monate.
Source: Europarl
Source

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