The biggest industrial action in decades is set to begin today in Germany in the transport sector as workers go on strike in response to soaring inflation, paralyzing Europe’s biggest economy. Reuters cited unions as saying wages needed to be raised as this was “a matter of survival” for workers, while employers called the strike “completely excessive”. This doesn’t bode well for further developments as unions have asked for pay rises of between 10.5% and 12%. Inflation in Germany hit 9.3% last month, rising…
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