Payback Years Seen Rolling On in Germany as Wage Talks Gain Pace

  • Sizeable increase may help ECB as antidote to low inflation
  • Employers union warns of external factors shaping strategies

In most European countries, general pay increases of more than 3 percent would be unattainable. Not so in Germany, where unionized workers are expected to achieve just that in negotiations for new contracts getting under way.

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