### Clue: Close to broke in most of country — no alternative to Tory policy? (9)
### Answer: AUSTERITY 
 ### Explanation: Definition: policy
 **Last letter of**(Close to) "broke" **contained in**(in) [**last letter deleted from**(most of) "Austria"(European country) ] + "or"(word introducing an alternative) **deleted from**(no … to) "Tory".
Defn: … of tightening your belts.