Hollande’s finance minister says €450,000 pay cap ‘matter of justice’

Pierre Moscovici said the pay squeeze will come into effect over the next two years and delivers on a campaign promise by France’s new socialist president François Hollande France’s finance minister has declared a crusade against executive pay at state-controlled companies, describing a wages cap of €450,000 a year (£362,000) for bosses as a matter […]


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