ANALYSIS-Economic woes threaten "mega wage year" in Germany

Newswire

By Dave Graham BERLIN, Oct 29 (Reuters) - A grim economic outlook threatens to dash trade union hopes of winning a landmark raise for the engineering sector in Germany's biggest pay talks, which may herald a phase of weaker wage growth across Europe. Union IG Metall had dubbed 2008 a "mega wage year" as it looked forward to building on recent advances at the negotiating table with employers, but the unexpected force of a downturn in German industry has put that plan in jeopardy. Wage ...

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