Lofty Wage Demands Risk Weighing on German Economy

Lofty Wage Demands Risk Weighing on German Economy

Guenter Schiffmann/Bloomberg

IG Metall, Germany’s most powerful labor union, is seeking pay increases of 5.5 percent for 3.7 million engineering and metal workers at companies, including Bayerische Motoren Werke AG, Siemens AG, Daimler AG and Volkswagen AG, before the current contract expires on April 30.