The government has formally approved an agreement it reached with trade unions to cut public sector wages by up to 4.8% as part of budget austerity measures the country needs to avoid an international bailout. Wage cuts in the country's large public sector follow earlier pay reductions carried out by the previous conservative government.
English: http://online.wsj.com/article ...
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.