Largest strike in decades brings Germany to a standstill | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Airports and bus and train stations across Germany were at a standstill on Monday morning, causing disruption for millions at the start of the working week during one of the largest walkouts in decades as Europe's biggest economy reels from inflation.

The 24-hour strikes called by the Verdi trade union and railway and transport union EVG were the latest in months of industrial action which has hit major European economies as higher food and energy prices dent living standards.

Persistent cost pressures have pushed central banks to a series of interest rate increases, though policymakers have said it is too early to talk of a price-wage spiral. "Millions of passengers who depend on buses and trains are suffering from this excessive, exaggerated strike," a Deutsche Bahn spokesperson said on Monday.

Monday's walkouts are part of waves of disruptive labour strikes in wealthy European countries in recent months including in France and Britain, where hundreds of thousands of transport, health and education workers are pressing for higher wages.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Go woke go broke.

Germany this is what happens when you sign up to the WEF climate emergency hoax and transition at such speed to unreliable renewables which also cost more than fossil fuels. Inflation will continue upwards so too interest rates. Policies are wrong! No climate emergency

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Acsa respond to BP exit from South African jet fuel marketThe Airports Company South Africa (ACSA) has noted the multiple media reports about British Petroleum (BP) ceasing to supply jet fuel for airports in South Africa.
Source: CapeTownEtc - 🏆 17. / 63 Read more »