EU agrees pay cut and pension freeze

Chris Wheal
EU flags
EU flags

Eurocrats in Strasbourg and Brussels could have to work longer for lower pay, have their pensions frozen and face 5% staff cuts as part of EU-wide austerity measures.

Bigwigs from all EU Member States yesterday rubber-stamped a deal thrashed out by the Irish President and the EU civil service to save €2.7bn by 2020, and €1.5bn a year long term.%VIRTUAL-SkimlinksPromo%