Happens In Greece The economic crisis from another point of view

24Nov/11

25% to 35% wage cuts on State employees… Higher salary cap for the chief executives!

Finance Ministry announced this morning wage cuts on State employees. The amount of the cuts will be between 25% to 35%.

The new maximum wages will have a  cap of €1,900 gross per month... but not for the chief executives...

The maximum salary of the chief executives will be 5,856 euro and with another decision from the Ministry of Finance the these salaries can exceed the limit of 5,865 euro and sometimes even double!

In addition, there is no limit on the number of personnel...

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