Germany's IG Metall demands 6.5 percent pay hike

Newswire

FRANKFURT, Feb 24 (Reuters) - Germany's IG Metall trade union demanded an annual raise of 6.5 percent for 3.6 million manufacturing workers in upcoming wage talks. That is in line with a preliminary decision earlier this month. "Economic growth and wage increases have to develop in parallel in the medium term," IG Metall board member Helga Schwitzer said in a statement. Negotiations for new wage agreements, which will replace older ones that end on March 31, are due to begin on March 6. ...

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