Germany's biggest trade union strikes a deal on pay
But trouble could still lie ahead | Business
Source: economist.com
Stay updated with breaking news from Stefan Wolf. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
But trouble could still lie ahead | Business
Major German trade union wins pay hike, averting strike
Almost four million workers are to receive the raise, in addition to a €3,000 tax-free bonus
Deal will be closely watched as industrial action spreads across Europe
Germany's biggest trade union agreed Friday to hefty wage hikes that are expected to cover almost four million workers facing soaring inflation, averting a