Thursday, May 3, 2007

German Metal Employers See `Good Chance' for Wage Accord With IG Metall

(Bloomberg) -- Negotiators for companies including DaimlerChrysler AG and Porsche AG are confident they will resolve a wage dispute with Germany's IG Metall union and avert the first full-blown strikes over pay since 2002.

``I see a good chance that we will come to an agreement,'' Jan Stefan Roell, head of the metal employers' association in the south-western state of Baden Wuerttemberg, told reporters yesterday before talks with the union began near Stuttgart, Germany. Employers have improved a previous offer for a 2.5 percent raise plus a one-off bonus, said Porsche's works council head Uwe Hueck.


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