(AP Photo/Michael Sohn)German Chancellor Olaf Scholz, front, arrives for the 'Concerted Action', a meeting of representatives of the German unions and the German employers with the German government at the Chancellery in Berlin, Germany, Monday, July 4, 2022. (AP Photo/Michael Sohn)German Chancellor Olaf Scholz, front, arrives for the 'Concerted Action', a meeting of representatives of the German unions and the German employers with the German government at the Chancellery in Berlin, Germany, Monday, July 4, 2022. (AP Photo/Michael Sohn)German Chancellor Olaf Scholz, front, arrives for the 'Concerted Action', a meeting of representatives of the German unions and the German employers with the German government at the Chancellery in Berlin, Germany, Monday, July 4, 2022. In Germany, wage deals are typically hammered out in negotiations between employers’ organizations and unions that cover a whole industrial sector. Employers and worker representatives agreed on a one-time payment of 1,400 euros ($1,460) per employee to help counter rising prices.

Source: ABC News July 04, 2022 13:11 UTC