Financial Times
June 22, 2011
Eurocrats, the cosseted class of civil servants who staff the European Union, are poised to suffer salary squeezes and job losses as part of the bloc’s forthcoming multi-year budget.
Eight northern member states, including the UK, have written to the Commission, the European Union’s executive arm, demanding “very substantial reductions” in spending on salaries, pensions and benefits as part of the next budget plan.
Those cuts, along with longer working hours and other administrative reforms, are to be announced next week when the Commission presents its proposal to guide spending in the bloc from 2014 through 2020, known as the multi-annual financial framework.
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