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German union suspends strike action for higher pay
Published in Saudi Press Agency on 07 - 11 - 2008

Germany's IG Metall ended a week of token strikes for an 8 per cent pay rise on Friday as employers urged the
engineering union to lower its demands, according to dpa.
"Job security has to take precedence over a distribution of
(wealth) in pay negotiations for the year ahead," said Stefan Roell,
head of the employers association in the south-west of Germany.
The union said tens of thousands of workers walked off their jobs
on Friday, bringing to 400,000 the number who have downed tools in a
series of running strikes that began November 1.
The union said it would not take any more action before its
representatives hold a new round of pay talks with employers in the
south-west town of Sindelfingen on November 11.
If no agreement is reached then the union said it would hold a
strike ballot of its members and could begin all-out industrial
action on November 17.
Employers have offered a 2.1 per cent hike, saying they cannot
afford anymore because the country is teetering on the brink of
recession.
The pay talks come at a time when carmakers Daimler, Opel
and BMW have announced temporary closures of factories to save costs
following a huge drop in orders.
Gloomy economic data released this week showed German industrial
production at its lowest since the mid-90s and German orders
recording their biggest drop since records began 17 years ago.


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