* Union demand lower than the 6.5 pct hike sought last year * Economists expect another year of above-inflation raises * Looming election, calls by euro partners add weight to demands (Adds detail, quotes, reaction from Suedwestmetall) By Hendrik Sackmann LEINFELDEN-ECHTERDINGEN, Germany, Feb 26 (Reuters) - German trade union IG Metall is seeking a pay hike of 5.5 percent for industrial workers in the southwestern state ...
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