Browsing All posts tagged under »salaries«

Austerity’s Wake: Why Ireland’s Spending Cuts Should Scare Us, Too

September 4, 2012


(PUBLISHED IN THE ATLANTIC) If you want to know what real austerity does to a country, check out the Emerald Isle. The below chart from the Irish Central Statistics Office shows the percent-change of Irish household disposable income from 2009 to 2010, broken down by income decile. (Note: The tenth decile refers to the most […]

Cabinet meets to approve €11.7bn cuts in Greece

September 3, 2012


(PUBLISHED IN ATHENS NEWS) The cabinet met at noon on Friday to formally approve the package of 11.7bn in spending cuts, that includes drastic cuts to salaries and subsidies in public utilities, ending holiday payments for all pensioners and increases in public transport fares.     The list will then receive a final sign-off on […]