Budget gap to 2.8 per cent of GDP in 2012. ? February 2010 Government extends public sector wage freeze to those on below ?2,000 a month. ? 5 March 2010 Package of public sector pay cuts and tax increases is passed to save an extra ?4.8bn
View the full article
Read more »
Tags: Budget Gap, Face, Gap, Gdp, Greek Bonds, Public Sector, Tax Increases, Wage Freeze
Posted in Pay Cuts News Feed | No Comments »
<img alt="" height="1" width="1" />What fiscal austerity looks like
CNNMoney
It also will implement a 5% pay cut for senior public sector staff and politicians. That's in addition to a pay freeze for civil service workers. ...
and more »Read more »
Tags: Civil Service, Fiscal Austerity, Img, Lt, Politicians, Public Sector
Posted in Pay Cuts News Feed | No Comments »
sector pension pots" are simply "unfair", according to Nick Clegg. The Deputy Prime Minister warned today of deep cuts to public sector pensions in line with spending cuts across the board where private sector workers have already been hit with
View the full article
Read more »
Tags: Deep Cuts, Deputy Prime Minister, Nick, Pensions, Pots, Private Sector Workers, Public Sector
Posted in Pay Cuts News Feed | No Comments »
Feb. 2010 - Prime Minister George Papandreou says on Feb. 2 the government will extend a public sector wage freeze to those making below 2,000 euros a month. -- Greece must refinance 54 billion euros ($66.6 billion) in debt in 2010, with a crunch in
View the full article
Read more »
Tags: Crunch, Debt Crisis, Euros, Feb 2, George Papandreou, Greece, Prime Minister, Public Sector, Refinance, Timeline, Wage Freeze
Posted in Pay Cuts News Feed | No Comments »
to 2.6% Underlying structural deficit revised up to 8% Coalition may have to make extra £5.5bn cuts a year Sterling up 1.5% due to lower borrowing figures Clegg: Debt will control our future if we don't act He warns public sector pensions are
View the full article
Read more »
Tags: Act, Control, Pensions, Public Sector, Sterling
Posted in Pay Cuts News Feed | No Comments »
Labour?s five leadership contenders have slammed the UK Government over its plans for major cuts in the public sector. They were speaking at a hustings in the Royal Concert Hall, Glasgow, which was attended by more than 600 people from across
View the full article
Read more »
Tags: Contenders, Hopefuls, Hustings, Labour, Leader Ship, Public Sector, Royal Concert Hall, Royal Concert Hall Glasgow, Uk Government
Posted in Pay Cuts News Feed | No Comments »
Business leaders urged the Government today to introduce an immediate two-year pay freeze in the public sector and drop "unsustainable" pledges to maintain spending on health and overseas aid.The British Chambers of Commerce said the Chancellor faced a
View the full article
Read more »
Tags: British Chambers Of Commerce, Business Leaders, Chambers Of Commerce, Chancellor, Health, Pledges, Public Sector
Posted in Pay Cuts News Feed | No Comments »
Huw Borland, Sky News Online Business leaders have urged the Government to introduce a two-year public sector pay freeze and drop pledges to maintain spending on health and overseas aid. The (BCC) said Chancellor George Osborne faced a 'difficult'
View the full article
Read more »
Tags: Bcc, Borland, Business Leaders, Chancellor, George Osborne, Health, Pledges, Public Sector, Sky News
Posted in Pay Cuts News Feed | No Comments »
Business leaders have urged the Government to introduce an immediate two-year pay freeze in the public sector and drop "unsustainable" pledges to maintain spending on health and overseas aid. The British Chambers of Commerce said the Chancellor faced a
View the full article
Read more »
Tags: British Chambers Of Commerce, Business Leaders, Chambers Of Commerce, Chancellor, Health, Pledges, Public Sector
Posted in Pay Cuts News Feed | No Comments »
George Osborne discloses that the government has targeted welfare benefits, tax credits and public sector pensions for spending cuts. It is the first time that Britain's welfare system has been identified for targeted cuts, with Osborne vowing to
View the full article
Read more »
Tags: George Osborne, Pensions, Public Sector, Tax Credits, Welfare Benefits, Welfare System
Posted in Pay Cuts News Feed | No Comments »
Reuters DUBLIN - Members of Ireland's largest two public sector trade unions have backed a government pay offer, helping the chances of pushing through ?3 billion of savings in the 2011 budget and limiting the chance of strikes. Ireland has carried out
View the full article
Read more »
Tags: Budget, Dublin Ireland, Members, Public Sector, Reuters, Sector Trade, Strikes, Trade Unions
Posted in Pay Cuts News Feed | No Comments »
showing a 'lack of urgency' in dealing with the country's share of a multi-billion pound package of cuts, a key report from a Holyrood committee has claimed
View the full article
Read more »
Tags: Budget, Pound Package, Public Sector, Urgency
Posted in Pay Cuts News Feed | No Comments »
s largest union said on Thursday that it has filed an appeal against the government's public sector wage cuts with the country's Supreme Court. The Comisiones Obreras (CCOO) union said the measure, which cuts wages by 5 percent in 2010 and freezes them
View the full article
Read more »
Tags: Ccoo, Comisiones Obreras, Public Sector, Spanish, Supreme Court, Wages
Posted in Pay Cuts News Feed | No Comments »
Scotland?s preparations for public spending cuts are patchy and lack urgency, according to an influential Holyrood committee. In a report published today, the finance committee says there does not appear to be a consistent public sector
View the full article
Read more »
Tags: Finance Committee, Patchy, Public Sector, Public Spending, Scotland, Urgency
Posted in Pay Cuts News Feed | No Comments »
From: The Australian Fears wage cost will push up inflation Implementing Rudd policies 'to blame' Unions dismiss 'big whinge' as baseless THE cost of employing state public servants will blow out by $14.2 billion
View the full article
Read more »
Tags: Blow, Fears, Inflation, Public Sector, Public Servants, Unions, Wages, Whinge
Posted in Pay Cuts News Feed | No Comments »
Northern Ireland's economic recovery will be 'significantly'' impacted by the proposed cuts in the public sector, a major report warned today. According to the Ernst & Young Economic Eye Summer Forecast, which forecasts economic growth in the province
View the full article
Read more »
Tags: Economic Eye, Economic Growth, Economic Recovery, Northern Ireland, Public Sector
Posted in Pay Cuts News Feed | No Comments »

Financial Times
<img alt="" height="1" width="1" />Spain: Strikers protest 5 percent pay cut
UPI.com
MADRID, June 8 (UPI) -- Spanish government workers Tuesday went on strike, saying a 5 percent pay cut under the prime minister's austerity...
Read more »
Tags: Austerity, Bbc, Bbc News, Financial Times, Government Workers, Img, Investor, Madrid, News Articles, Prime Minister, Protest, Public Sector, Spain, Spanish Government, Strikers, Strikes, Times Lt, Upi
Posted in Pay Cuts News Feed | No Comments »
<img alt="" height="1" width="1" />Pain in Spain
BBC News
And a recent poll published in El Pais newspaper showed 58% support for the public sector pay cut. "I am against this strike," lawyer Alberto said, ...
and more »
Read more »
Tags: Bbc, Bbc News, El Pais, Img, Lawyer, Lt, Public Sector, Recent Poll, Spain News
Posted in Pay Cuts News Feed | No Comments »

Kansas City Star
<img alt="" height="1" width="1" />Spanish public sector strikes over pay cuts
Financial Times
Tens of thousands of civil servants across Spain on Tuesday joined protests over public sector pay cuts in the first national...
Read more »
Tags: Austerity Measures, B Pay, Bbc, Bbc News, Civil Servants, Daily Mail, Financial Times, Investor, Kansas City Star, Lt, News Articles, Protests, Public Sector, Spain, Spanish, Strikes, Tens Of Thousands
Posted in Pay Cuts News Feed | No Comments »
servants banged drums, blew horns and chanted anti-government slogans Tuesday as they staged a one-day strike to protest wage cuts aimed at trimming a huge deficit and calming fears Spain is headed for a Greek-style debt crisis. The stoppage was seen as
View the full article
Read more »
Tags: Debt Crisis, Drums, Fears, Greek Style, Horns, Public Sector, Servants, Slogans, Spain, Stoppage, Wage Cuts
Posted in Pay Cuts News Feed | No Comments »
government forced through a plan to shave 15 billion euros off the budget with public sector savings including wage cuts. But unions hope the action will also help gauge support for a possible general strike on labor reform. Economists consider reform of
View the full article
Read more »
Tags: Budget, Economists, Gauge, General Strike, Labor Reform, Public Sector, Reuters, Spanish, Unions, Wage Cuts
Posted in Pay Cuts News Feed | No Comments »
government forced through a plan to shave 15 billion euros off the budget with public sector savings including wage cuts. But unions hope the action will also help gauge support for a possible general strike on labor reform. Economists consider reform of
View the full article
Read more »
Tags: Budget, Economists, Gauge, General Strike, Labor Reform, Public Sector, Spanish, Unions, Wage Cuts
Posted in Pay Cuts News Feed | No Comments »
Spanish civil servants have gone on strike in protest at wage cuts aimed at reducing the country's huge deficit. The action is seen as a first test of strength for unions which are considering calling a general strike if the
View the full article
Read more »
Tags: Civil Servants, First Test, Protest, Public Sector, Spain, Spanish, Unions, Wage Cuts
Posted in Pay Cuts News Feed | No Comments »
after the government forced through a plan to shave 15-billion-euros off the budget with public sector savings including wage cuts, but unions hope the action will also help gauge support for a wider strike on labor reform. The two largest Spanish unions
View the full article
Read more »
Tags: Budget, Gauge, Labor Reform, Public Sector, Reuters, Spain, Spanish, Unions, Wage Cuts
Posted in Pay Cuts News Feed | No Comments »
after the government forced through a plan to shave 15-billion-euros off the budget with public sector savings including wage cuts, but unions hope the action will also help gauge support for a wider strike on labor reform. The two largest Spanish unions
View the full article
Read more »
Tags: Budget, Gauge, Labor Reform, Public Sector, Spain, Spanish, Unions, Wage Cuts
Posted in Pay Cuts News Feed | No Comments »
out how it will conduct this year's spending review as it prepares the public sector for big cuts in funding to help tame a record budget deficit. Conservative finance minister George Osborne and his Liberal Democrat deputy Danny Alexander will announce
View the full article
Read more »
Tags: Alexander, Budget Deficit, Danny Alexander, Finance Minister, George Osborne, Liberal Democrat, Public Sector, Record Budget, Reuters, Uk Coalition
Posted in Pay Cuts News Feed | No Comments »

Washington Post
<img alt="" height="1" width="1" />Angela Merkel unveils Germany's largest programme of public sector cuts
Times Online
Public sector pay frozen and retirement age raised Spain Budget deficit 11.2 per cent. Public sector pay cut by...
Read more »
Tags: Ahead, Angela Merkel, Budget Analysis, Budget Cuts, Budget Deficit, Businessweek, Germany, Img, Lt, Monsters And Critics, News Articles, Public Sector, Retirement Age, Spain, Wall Street, Wall Street Journal, Washington Post
Posted in Pay Cuts News Feed | No Comments »
<img alt="" height="1" width="1" />Spain, Portugal need more cuts, reforms
Sydney Morning Herald
Spain's latest cuts come on top of a 50-billion-euro austerity package announced in January and include an average five per cent pay cut for public sector ...
Read more »
Tags: Austerity, Img, Lt, Morning Herald, Public Sector, Spain Portugal, Sydney Herald, Sydney Morning Herald
Posted in Pay Cuts News Feed | No Comments »
* Over 2.3 million workers affected by pay cuts * Public workers' strike may hit schools, hospitals * Labour reform to be unveiled on Wednesday MADRID, June 7 (Reuters) - Spain's public sector strike against a government
View the full article
Read more »
Tags: Frustration, Government View, Hospitals, Job, Labour Reform, Madrid, Public Sector, Reuters, Spain
Posted in Pay Cuts News Feed | No Comments »
Minister David Cameron has signalled that growth forecasts would be revised down while welfare bills and public sector pay would be high on the target list for spending cuts, the Sunday Times reported. The newspaper quoted Cameron, a Conservative who
View the full article
Read more »
Tags: David Cameron, Growth Forecasts, Minister David, Public Sector, Signals, Sunday Times, Target, Welfare Bills
Posted in Pay Cuts News Feed | No Comments »
Minister David Cameron has signaled that growth forecasts will be revised down while welfare bills and public sector pay will be high on the target list for spending cuts. The Sunday Times quoted Cameron, a Conservative who came to power last month, as
View the full article
Read more »
Tags: Conservative, David Cameron, Growth Forecasts, Minister David, Public Debt, Public Sector, Sunday Times, Target, Welfare Bills
Posted in Pay Cuts News Feed | No Comments »
would lay out how his Government would look to tackle the 156bn deficit while acknowledeging that the spending cuts would impact upon 'our whole way of life'. Arguing that the fiscal situation is far worse than he and his colleagues had anticipated and
View the full article
Read more »
Tags: Colleagues, Fiscal Situation, Prime Minister, Public Sector, Way Of Life
Posted in Pay Cuts News Feed | No Comments »
and support. Many are women, many are parttime and many public service workers earn little above the minimum wage, only a few earn anything near the national average pay. The average public sector pension is 4,000. It wasnt our public servants who
View the full article
Read more »
Tags: Bishops Castle, Councillor, Greed, Innocent Victims, Minimum Wage, Peter Phillips, Public Sector, Public Servants, Public Service Workers, Shropshire
Posted in Pay Cuts News Feed | No Comments »
estimate. Dougie Adams, its senior economic advisor, said Scotland's economic recovery would be handicapped by massive jobs cuts in the public sector with some 30,000 positions expected to disappear: "There is real pain to come in the form of public
View the full article
Read more »
Tags: Dougie, Economic Advisor, Economic Recovery, Jobs, Public Sector, Scotland
Posted in Pay Cuts News Feed | No Comments »
estimate. Dougie Adams, its senior economic advisor, said Scotland's economic recovery would be handicapped by massive jobs cuts in the public sector with some 30,000 positions expected to disappear: "There is real pain to come in the form of public
View the full article
Read more »
Tags: Dougie, Economic Advisor, Economic Recovery, Jobs, Public Sector, Scotland
Posted in Pay Cuts News Feed | No Comments »
estimate. Dougie Adams, its senior economic advisor said Scotland's economic recovery would be handicapped by massive jobs cuts in the public sector with some 30,000 positions expected to disappear: "There is real pain to come in the form of public
View the full article
Read more »
Tags: Dougie, Economic Advisor, Economic Recovery, Jobs, Public Sector, Scotland Uk
Posted in Pay Cuts News Feed | No Comments »
David Cameron has warned of "pain" to come as the Government curbs welfare and public sector pay bills to bring down Britain's massive debts. In an interview with the Sunday Times, the Prime Minister said the new administration would be trying to "take
View the full article
Read more »
Tags: Breaking News, Curbs, David Cameron, Government Cuts, Massive Debts, New Administration, Prime Minister, Public Sector, Sunday Times, Welfare
Posted in Pay Cuts News Feed | No Comments »
The prime minister indicated a sharp downgrade in official growth forecasts and revealed that welfare and public sector pay would bear the brunt of budget cuts. It is understood that tough measures being considered to help control the 156 billion budget
View the full article
Read more »
Tags: Ahead, Brunt, Budget Cuts, Cameron, Growth Forecasts, Measures, Prime Minister, Public Sector, Welfare
Posted in Pay Cuts News Feed | No Comments »
David Cameron has warned of "pain" to come as the Government curbs welfare and public sector pay bills to bring down Britain's massive debts
View the full article
Read more »
Tags: Curbs, David Cameron, Government Cuts, Massive Debts, Public Sector, Welfare
Posted in Pay Cuts News Feed | No Comments »
Northern Ireland faces the biggest public sector cuts in a generation, Finance Minister Sammy Wilson has warned. - Video available
View the full article
Read more »
Tags: Faces, Finance Minister, Northern Ireland, Public Sector, Sammy Wilson
Posted in Pay Cuts News Feed | No Comments »