Austria: high inflation rate at the heart of collective bargaining in the metal industry

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l partners in the Austrian metal industry are going to reveal their claims for the renewal of collective agreements via three meetings on October 4th, 12th and 20th. Since businesses’ order books are full and with the inflation boom having “devoured” the wage increases negotiated in 2010, unions are calling for high wage increases for the sector’s 165,000 employees. For their part, employers are worried about the economic slowdown and a criticizing the increase in local and national taxes, wh

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