Saturday, March 31, 2012

German wage deal agreed, averts public-sector strike

POTSDAM, Germany (Reuters) - Two million German public-sector workers will get a pay rise of 6.3 percent over a 24-month period, according to the government official leading the talks, ending a labor dispute that disrupted services across Germany in recent weeks. Interior Minister Hans-Peter Friedrich, who had led the negotiations with the Verdi union on behalf of the government, announced the breakthrough shortly before 7 a.m
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German wage deal agreed, averts public-sector strike
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