• Home
  • NAMA property for sale
  • About
  • The Developers
  • The Tranches

NAMA Wine Lake

Click the green link above for latest news and over 2,600 related articles. NAMA – National Asset Management Agency – part of Ireland's response to its banking crisis and property bubble

Feeds:
Posts
Comments
« Big Four’s grip on the Irish audit business
Developer to be examined about transfers by NAMA in open court »

Taoiseach to take a pay-cut but still earns more than prime minister of UK, France, Holland, Sweden, Finland and Spain

February 25, 2013 by namawinelake

The white smoke has emerged from Lansdowne House where unions and the Government were renegotiating the so-called Croke Park Agreement governing pay and conditions for Ireland’s near 300,000 public sector workers.

The headlines are available from the Department of Public Expenditure and Reform here. The cut that will probably attract most immediate attention is the direct cut to gross salary for those earning in excess of €65,000 in pay and allowances each year. Although there has been no announcement yet, it is being assumed here that the cuts will affect politicians who are supposed to be part of the public sector.

That being the case, An Taoiseach Enda Kenny’s salary will fall from €200,000 to €185,350, with the calculation of the cut shown below.

TaoiseachCuts

When An Taoiseach came to office in March 2011, one of his first acts was to cut his pay and that of An Tanaiste, ministers and ministers of state by 6.6%, so An Taoiseach’s salary went from €214, 187 to €200,000 which was a gesture of sorts, but nothing like the €82,000 cut to the French president’s salary introduced by Francois Hollande in 2012 which brought the salary for that post down from €253,000 to €171,000.

WorldLeaderSalaries

And after today’s decline, An Taoiseach will still earn more than his counterpart in the UK, Sweden, Holland, France and Finland. Bigger economies, which are presently bailing us out. And An Taoiseach will still be earning more than double the salary of the prime minister of Spain, which is subject to a bailout of sorts, but which has an economy 10 times bigger than ours and a population 8 times greater.

Share this:

  • Twitter
  • Facebook
  • Reddit

Like this:

Like Loading...

Related

Posted in Greece, IMF, Irish economy, Politics | 3 Comments

3 Responses

  1. on February 25, 2013 at 4:21 pm Dan

    How come when the government want to cut the civil servants we always given
    examples of what other country’s do and pay but we never here as much as a squeak from Kenny or Gilmore about there own pay and conditions. Lauel and hardy would do a better job at least you could laugh at them. Kenny and Gilmore couldn’t run a bath let alone a country


  2. on February 25, 2013 at 6:18 pm Qu’ils Mangent De La Brioche! | An Sionnach Fionn

    […] economics blog NAMA Wine Lake highlights the privileged salaries Ireland’s political elites continue to pay themselves in these otherwise austere times. Rest assured, Seán and Síle Citizen, we will never have to […]


  3. on February 25, 2013 at 10:21 pm patrick

    So the top 10 Debtors in NAMA are on more than The Taoiseach.



Comments are closed.

  • Recent Posts

    • Test – 12 November 2018
    • Farewell from NWL
    • Happy 70th Birthday, Michael
    • Of the Week…
    • Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of European Commission commitments
    • Gayle Killilea Dunne asks to be added as notice party in Sean Dunne’s bankruptcy
    • NAMA sues Maria Byrne and Graham Byrne in Dublin’s High Court
    • Johnny Ronan finally wins a court case
  • Recent Comments

    Wisemama on Eddie Hobbs’s US “partner” fir…
    Dorothy Jones on Of the Week…
    Sean Bean on Eddie Hobbs’s US “partner” fir…
    John Foody on Of the Week…
    Wisemama on Eddie Hobbs’s US “partner” fir…
    otto on Of the Week…
    Frank Street on Of the Week…
    Wisemama on Eddie Hobbs’s US “partner” fir…
    John Gallaher on Of the Week…
    John Gallaher on Of the Week…
    who_shot_the_tiger on Eddie Hobbs’s US “partner” fir…
    Sean Bean on Eddie Hobbs’s US “partner” fir…
    otto on Of the Week…
    Brian Flanagan on Of the Week…
    Robert Browne on Gayle Killilea Dunne asks to b…
  • Twitter Updates

    • Funniest case in Irish legal history? 1. ex-Cllr Fred Forsey convicted of RECEIVING a corrupt payment 2. developer… twitter.com/i/web/status/1… 4 years ago
    • Really looking forward to this at 9pm tonight, esp the first Garda on the scene. Well worth reading this background… twitter.com/i/web/status/1… 4 years ago
    • Tea time on the day the president of the ECB tells us we [in Ireland] are paying more interest on our loans than th… twitter.com/i/web/status/1… 4 years ago
    • “I am grateful for you to refer to Mr Sugarman...on the specific question of Unicredit, responsibility at ECB lies… twitter.com/i/web/status/1… 4 years ago
    • @JMcGuinnessTD now confronts ECB about "the honest whistleblower" @WhistleIRL and his disclosures of liquidity issu… twitter.com/i/web/status/1… 4 years ago
    • Details, including court documents of class action in New York against Ryanair and CEO Michael O'Leary.… twitter.com/i/web/status/1… 4 years ago
    • Draghi tells @paulmurphy_TD the ECB doesn't remove govts, the people do, that's democracy. Bet the people will be m… twitter.com/i/web/status/1… 4 years ago
    • Wow! Draghi says there is no net interest cost for the Anglo bonds whilst they're held by the Irish central bank. T… twitter.com/i/web/status/1… 4 years ago
    Follow @namawinelake
  • Click on date for that day’s posts

    February 2013
    M T W T F S S
     123
    45678910
    11121314151617
    18192021222324
    25262728  
    « Jan   Mar »
  • Blog Stats

    • 5,116,863 hits

Blog at WordPress.com.

WPThemes.


Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy
  • Follow Following
    • NAMA Wine Lake
    • Join 1,326 other followers
    • Already have a WordPress.com account? Log in now.
    • NAMA Wine Lake
    • Customize
    • Follow Following
    • Sign up
    • Log in
    • Copy shortlink
    • Report this content
    • View post in Reader
    • Manage subscriptions
    • Collapse this bar
 

Loading Comments...
 

    %d bloggers like this: