Press Release: EU officials face -1.1% loss in purchasing power in annual pay adjustment

Reflecting the difficult economic situation, EU officials face a loss of -1.1% in 2012. This is the result of the formula for calculating annual pay adjustments. It follows an effective fall in purchasing power of -3.6% in 2011. In total, the loss in EU officials' purchasing power between 2004 and 2011 is -7.6%.