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Why a Bonus Watch?

No to austerity for all and to bonuses for a few



The ETUC has decided to implement a Bonus Watch in order to expose the continuation of huge bonus payments,notably financial institutions.



In the context of an extremely severe economic and social crisis where many countries have adopted austerity measures forcing public spending and social protection to a starvation diet likely to deal a serious blow to the economy and the citizens, where some of these countries are on the verge of bankruptcy, bonuses continue to flow and increase, in particular as the end of the year is nearing.

Big banks, which were blinded by their reckless greed and caused a crisis unheard of since the 1930s, continue to make huge profits and to pay obscene bonuses while austerity is hitting most of the people in their daily lives and in their future prospects.

Link to ETUC bonus watch : http://www.etuc.org/r/1608