This is an interesting UK story which goes out at the same time as further austerity is approved in the Greek Parliament.
The UK Public Sector still argues about Public Sector bonuses when in Greece they face:
- Culls in their numbers
- Cuts in earnings
- Cuts in pensions
Here is how it was summed up:
Treasury Chief SecretaryDanny Alexander and Cabinet Office ministerFrancis Maude have written to all government departments asking them to examine their reward structures.
In my personal view, Danny Alexander and Francis Maude have been responsible for huge cuts in service quality but have failed to address much needed radical transformation.