February 6, 2018 / 12:45 AM / 9 months ago

German industrial workers, employers strike pay deal

Members of German Metal Workers' Union IG Metall protest in front of a Siemens factory in Karlsruhe, Germany, January 24, 2018. REUTERS/Ralph Orlowski

STUTTGART, Germany (Reuters) - Industrial workers and employers in southwestern Germany struck a deal on pay and working hours on Monday night, in a hard-fought pact likely to set a benchmark for millions of workers across Europe’s largest economy.

The deal between labour union IG Metall and the Suedwestmetall employers’ federation foresees a pay rise of 4.3 percent from April and other payments spread over 27 months, IG Metall’s Roman Zitzelsberger told reporters after 13-hour talks.

Reporting by Ilona Wissenbach; Writing by Douglas Busvine; Editing by Sandra Maler

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