EU agrees pay cut and pension freeze

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%