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Live News From Spain As It Happens

Keep up to date with all the latest news from Spain as it happens. The blog will be updated constantly throughout the day bringing you all the latest stories as they break.

Bank bosses' wages capped
Saturday, August 25, 2012 @ 1:22 AM

Bank managers' and directors' salaries will be limited to half a million euros a year, and the bosses of those entities which have received financial assistance from the banking organisation restructure fund (FROB) will see their pay-packets capped at 100,000 euros per year.

Read more at thinkSPAIN.com



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Gerald said:
Saturday, August 25, 2012 @ 12:22 PM

The whole of Europe should follow this lead as this would prevent the greedy ones to threaten to "defect"

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