InfoAnda - German wage deal agreed, averts public-sector strike |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Iran nuclear right is non-negotiable: Ahmadinejad | | 11 November 2010
Breakdancing documentary spins into fiction | 1 May 2009
UAE Issues 96-Hour Visas To Stranded Airline Passengers | 21 April 2010

Taiwan initial Q4 GDP growth beats forecasts | 31 January 2011

Forum Views () Forum Replies ()

Read more with google mobile : German wage deal agreed, averts public-sector strike |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Counterparties: Today's Best Links America faces falling off a "fiscal cliff" Unless Congress agrees to extend various budget measures, January 1, 2013 will be the day instant austerity begins in America, Peter Coy writes. Read more at Counterparties The man behind the individual mandate 3 big banks face a downgrade Follow Reuters Facebook Twitter RSS YouTube Read Exclusive: Soros' son strikes out on his own 30 Mar 2012 Record $640 million lottery has at least one winner | 3:05am EDT Supreme Court takes up healthcare in secrecy 30 Mar 2012 Unpaid bloggers' lawsuit versus Huffington Post tossed 30 Mar 2012 Apple, Foxconn set new standard for Chinese workers 30 Mar 2012 Discussed 256 Poll: Americans angry with Obama over gas prices 225 Cheney recovering after heart transplant: spokeswoman 218 Black friend defends shooter of Florida teen Watched Urine eggs a delicacy in China Thu, Mar 29 2012 U.S. and Russia ''disagree'' on Syria Fri, Mar 30 2012 Congressman dons a hoodie, gets kicked off House floor Wed, Mar 28 2012 German wage deal agreed, averts public-sector strike Tweet Share this Email Print Related News Opel skirts plant closures to avoid labor brawl Wed, Mar 28 2012 Analysis & Opinion The euro zone today – strikes, reform and recession Essential tax and accounting reading: GOP budget detailed, EU transfer tax fading, Australia taxes mining, UK and Switzerland settle, and more Related Topics World » German Interior Minister Hans-Peter Friedrich (L) and the head of the Verdi labor union Frank Bsirske attend wage negotiations for public service employees in Potsdam March 30, 2012. Credit: Reuters/Tobias Schwarz By Axel Hildebrand POTSDAM, Germany | Sat Mar 31, 2012 3:28am EDT POTSDAM, Germany (Reuters) - Two million German public-sector workers will get a pay rise of 6.3 percent over a 24-month period, according to the government official leading the talks, ending a labor dispute that disrupted services across Germany in recent weeks. Interior Minister Hans-Peter Friedrich, who had led the negotiations with the Verdi union on behalf of the government, announced the breakthrough shortly before 7 a.m. (1 a.m. EDT) on Saturday after all-night negotiations in Potsdam, a suburb of Berlin. "This wasn't a marathon, this was an Ironman (triathlon)," Friedrich told reporters at dawn on Saturday at the end of the final round of talks that started on Friday. He said employers had gone to the outer limit of what was acceptable. Verdi leader Frank Bsirske said it was difficult to accept the deal but at least the union had managed to narrow the gap to the pay rises workers in the private sector have been receiving. The annual inflation rate in Germany is about 2 percent. Verdi, one of Germany's biggest and most influential unions representing 2 million public-sector workers, had been seeking a 6.5 percent rise for one year after years of accepting modest pay deals. Verdi rejected an earlier offer of a 3.3 percent rise, staggered over two years. Wage rises in many other euro zone countries have been steeper than in Germany, fuelling the economic divergence that has underpinned the debt crisis in the single-currency area. The deal ends the threat of a broader walkout following a series of recent warning strikes that have disrupted Europe's largest economy. Overall, wages for some 9 million German workers are up for negotiation this year and the public sector deal will likely serve as a model for other unions. With Germany's economy growing strongly, higher-than-expected tax revenues gave the federal government and local communities more scope for pay rises. The union had pointed that out in the course of 55 hours of talks in recent weeks and argued they accepted modest pay deals in leaner past years. Under the deal, public-sector workers will receive a 3.5 percent pay rise retroactive to March 1. They will receive a further 1.4 percent in January 2013 and another 1.4 percent pay rise in August 2013. Late on Friday evening, employers had signaled a pay rise of up to 5.8 percent over two years was possible before they upped their effort to 6.3 percent. One last sticking point was the employers wanted the deal to start April 1 rather than March 1. The union rejected that demand. (Reporting By Axel Hildebrand; Writing by Erik Kirschbaum; Editing by Michael Roddy) World Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Saturday, 31 March 2012
Obama says enough world oil to crack down on Iran sales |
Exclusive: Germany makes last-ditch attempt to save transaction tax |
Hungarian president vows to stay on |
In Toulouse suburb, scooter killer is one of us |
UK says report of Afghan plot to kill envoys is credible |
Yemen LNG pipeline blown up, output halted after drone attack |
Expedia files Google complaint to EU regulators |
Yahoo layoffs to begin next week: report |
E-books settlement talks advancing: sources |
EU's Almunia: may probe Motorola, Apple, Microsoft dispute |
Carrie Underwood finds real things to sing about |
Singer Jerry Lee Lewis marries for 7th time |
Outspoken Morocco rapper charged over insulting song |
Clinton, Saudi's Abdullah discuss world oil balance |
Bombs kill 8, wound at least 70 in Thai Muslim south |
Lawyer says U.S. blocks investigation of Afghan massacre |
Mexican presidential favorite vows to restore peace |
German wage deal agreed, averts public-sector strike |
Analysis: Saudi summer oil burn should decline this year |
U.S. drones attack militants in Pakistan, Yemen |
In Myanmar, voters prepare for clash of symbols |
Current TV fires star commentator Olbermann |
Bully director says never meant to make R film |
Boy band mania spreads as One Direction conquer U.S. |
Syria says revolt over, but army still shooting |
Afghanistan presses for answers on long-term U.S. military bases |
Clinton promises U.S. will back Gulf security |
Mali rebels launch assault on key northern town |
U.S. deports Liberian ex-rebel for alleged abuses |
Militant who targeted Australian nuke plant held in France |
Cruise ship heads for Malaysian port after engine fire |
Myanmar's Suu Kyi: from prisoner to would-be lawmaker |
Islamist militants kill at least 10 Yemeni soldiers |
China shuts websites, detains six for spreading online rumors |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01