The Limited Times

Now you can see non-English news...

The German model is faltering, growth is slowing down

2022-07-14T18:50:36.806Z


ANALYSIS – The former European locomotive suffers from its strong energy dependence on Russia. Correspondent in Berlin Dozens of giant ships each loaded with some 150,000 containers, stuck in the mouth of the Elbe at the entrance to the port of Hamburg. And in the midst of this logistical turmoil, thousands of maritime employees on strike at the call of the Verdi union to demand a 1.20 euro increase in hourly wages as well as a full catch-up of inflation which reached 8% . In the land of s


Correspondent in Berlin

Dozens of giant ships each loaded with some 150,000 containers, stuck in the mouth of the Elbe at the entrance to the port of Hamburg.

And in the midst of this logistical turmoil, thousands of maritime employees on strike at the call of the Verdi union to demand a 1.20 euro increase in hourly wages as well as a full catch-up of inflation which reached 8% .

In the land of social harmony and co-management, such a warning strike had never lasted so long in forty years.

The walkouts, which began at 6 a.m. Thursday, will continue through the weekend.

An economic “catastrophe”

, judge the professionals.

"And now the unions are adding a layer to it"

, chokes the popular daily

Bild

.

The image is emblematic but only sums up part of the difficulties encountered by our European neighbour.

Admittedly, all the major European ports are seeing their activity skate, but in Hamburg, the country's window...

This article is for subscribers only.

You have 82% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for €0.99 for the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All news articles on 2022-07-14

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.