| Author (Corporate) | European Commission: DG Communication |
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| Series Title | Press Release |
| Series Details | IP/11/1532 (13.12.11) |
| Publication Date | 13/12/2011 |
| Content Type | News |
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The European Commission formally adopted a package of proposed staff reforms in December 2011 that would deliver €1 billion in savings by 2020, and more than €1 billion every year in the longer term. This would allow the EU to freeze operational expenditure for administration until 2020. The proposal increases the retirement age, combines a 5% cut in staff with an increase in weekly working hours, lowers salaries in certain areas, increases a special solidarity levy and simplifies the method used for annual adjustments to salaries and pensions. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/1532&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Politics and International Relations |
| Countries / Regions | Europe |