According to some recent reports released by Spain’s ruling Socialist party, lawmakers in both chambers of Parliament have decided to reduce their salaries by 10 percent as a move to reduce the deflect.

While talking to media, the ruling party’s spokesperson in the lower chamber, Jose Antonio Alonso said that all parties in the chambers had decided to this at a meeting.

In the meantime, the parliament’s press office said that the deal in principle will be voted.

Further, the pay of a member of the lower chamber, or Congress of Deputies, is around EUR 70,000 ($86,000) per year including housing allowances for those not from the national capital.

In addition, the lawmakers will also join civil servants in government ministries in talking less salary as Spain aim to minimize deficit equivalent to 11.2 percent of GDP in 2009, far above the EU limit of 3 percent.