Word: bondgenoten
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...After several years of wage restraint, unions in Germany, the Netherlands and elsewhere are pushing for substantial hikes this year. Now that the economy is doing better again, Dutch workers "think it's their time to get something back," says Marco van Moort, spokesman for the biggest Dutch union, Bondgenoten FNV. Builders in the Netherlands recently negotiated themselves a 7% pay increase over 27 months, far above the inflation rate. The European Central Bank last week expressed concern that such wage hikes could stoke inflation...
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