BA chief's zero wage deal
Willie Walsh, CEO of UK flagship airline British Airways has come up with a novel solution to reduce costs for a company hit hard by the economic crisis, reports The Times. Faced with a €480 million loss for 2008, BA’s biggest in 25 years, he has called on the company’s 40,000 staff to work without pay for up to a month. Wishing to lead by example Mr. Walsh has announced he will forgo his July salary of €73,000, six times greater than what a cabin crew member earns in an entire year. Unsurprisingly, unions “reacted angrily yesterday (…) in what the airline’s chief executive called a ‘fight for survival.’” Meanwhile, Mr Walsh has set a June 24 deadline for volunteers wishing to share in his sense of sacrifice. “We are treating it like a joke,” one employee has remarked.
Two camps, two theories, and two visions of France: 18 years after the massacre of 800,000 Tutsis, the precise role played by Paris is still the subject of heated debate, fueled by the findings of successive criminal investigations. 
Agree to new austerity measures or risk being kicked out of the eurozone: that’s the alternative presented to Athens on the day the euro group is meeting. It’s a situation Greek politicians have failed to avoid, regrets To Vima. 
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