Anne de Guigné: "Wage increases to celebrate without excess"

To reassure on the solidity of European banks, to fight against the rebound of inflation, to predict the evolution of the bond markets... and to calm an internal conflict which escalates on wage policy, the management of the European Central Bank (ECB) does not there is no shortage of work to do at the start of spring.

The most anecdotal subject is not necessarily the one we think of.

Nearly 400 employees have written to their HRD to demand a catch-up of their salary.

They consider the increase of 4.07% planned for this year insufficient given the galloping inflation in Germany.

The institution, which continues to call for wage moderation to avoid the establishment of lasting inflation in Europe, deleterious for the productive apparatus, can hardly give reason to its rebels.

Employers everywhere face the same dilemma.

Until now, they have tended to align themselves, more or less rigorously, with the ECB's method.

Salaries have...

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