S&S - COLA jumps $150 in Germany, Italy

From my archive of press clippings:

Stars and Stripes

COLA jumps $150 in Germany, Italy


Stars and Stripes European edition, Friday, April 17, 2009


Troops in Germany and Italy got a $150 monthly bump in their cost-of-living allowance starting Wednesday, although for many in Germany, the increase could be short-lived.

Read the whole article here.

Snippet(s):

"No reason was given for the increase in COLA, though the dollar has lost some strength against the euro in recent weeks.

But, troops should temper any celebration of the extra money in their paycheck: Last month, the committee announced that servicemembers in Germany would see a $200 cut in their monthly COLA as a result of rising prices for goods in the U.S. "

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To calculate COLA, got to the committee’s Web site at: http://www.defensetravel.dod.mil/perdiem/ocform.html.