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Mario Monti Frank Augstein/AP/Press Association Images
pay cut
Italian politicians to take salary cut as austerity bites
The country’s prime minister Mario Monti has asked all representatives to accept a pay reduction.
ITALIAN PRIME MINISTER Mario Monti has asked politicians to take a salary cut as part of a broader effort to trim the privileges of the country’s elite.
The government said in a statement today that Monti sent a decree to the Chamber of Deputies and the Senate that would cap salaries for members of both houses of the Italian parliament – who are among the best-paid in Europe. The move is part of an austerity package, nicknamed Save Italy, passed in December in a bid to trim the costs of bureaucracy.
The deputy speaker of the lower house, Rocco Buttiglione, said the request would be approved.
The cuts are a hallmark of Monti’s government, which has pledged to get rid of privileges that have angered many Italians. Monti himself has renounced his own salary as premier and economy minister.
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