The EU decides to limit bonuses of bankers and brokers

The countries of the European Union (EU) and European Parliament reached an agreement to limit next year from premiums brokers and bankers in Europe, the excessive amounts caused a controversy during the financial crisis, said Wednesday the European parliament .

This agreement provides that brokers will in future receive 60% of variable pay (bonuses) immediately, and "a substantial part of at least 40%," after a period of at least three years, so taking into account the long-term risks, according to the text of the agreement.

"The European Parliament hopes that the agreement will provide tough and effective rules that will cover all premiums made or paid after 2011," the institution said in a statement.