Slovakia: mounting pressure in ongoing wage negotiations

Social partners have not yet reached a wage agreement for 2008. unions are asking for a 7% wage increase and threaten to launch a general strike in February, whereas employers are standing on their ground and do not want to go beyond 3%. (Ref. 080057)
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Successive meetings between social partners did not lead to a wage agreement for 2008. The metallurgy and electro-technology union OZ KOVO (170.000 members), supported by the union confederation KOZ, threatened to strike in February if employers do not meet their 7% increase claim. However, employers refuse to go beyond 3%, fearing an inflation risk. As for unions, they pointed out that they already made compromises when they lowered their initial 10% increase claim. “If wages increase accordin

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