Germany - IMF calls for wage increase - May 31, 2017

The International Monetary Fund says in a statement that the country should use its wealth to invest in infrastructure that will enhance its growth potential, and encourage employers to raise wages for higher consumption. The large and persistent current account surplus - 8.3% of gross domestic product (GDP) in 2016 - reflected high domestic savings and better investment opportunities abroad. A sustained rise in wage and price inflation is needed to help lift inflation in the euro area and facilitate the normalisation of monetary policy.

English: ...    

The IMF statement: ...   

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) or the communications officer at the ETUI, Willy De Backer For previous issues of the Collective bargaining newsletter please visit Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at, and on the AIAS at

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