Economics
ECB Staff Union Demands More Pay to Guard Against Inflation
- IPSO demands higher adjustment than ECB’s proposed 1.3%
- Union accuses ECB of not protecting own staff from inflation
The European Central Bank headquarters in Frankfurt, Germany.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
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As the European Central Bank waits for the spike in euro-area inflation to moderate, its staff is proving less patient.