0 the condition of living without unnecessary things and without comfort, with limited money or goods, or a practice, habit, or experience that is typical of this -- austerità
1 a difficult economic situation caused by a government reducing the amount of money it spends -- austerità
The government today announced new austerity measures.
2 the quality of being austere in appearance or manner -- severità
3 -- austerità
(also adjective) The government has imposed austerity measures on the population.
economic austerity