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Difficult search for more money: How much of a pay rise can retail handle?

On Thursday, the negotiations for the new collective agreement in trade begin. At the start, two worlds collide. About a tightrope walk between loss of purchasing power and crisis mood.

Translated from German Read in German

Negotiations for a new collective agreement in the retail sector are set to begin on Thursday. According to Der Standard Wirtschaft, the initial discussions involve a tension between maintaining purchasing power and managing a sense of crisis.

Separately, transport ministers from the federal and state governments are meeting for their periodic autumn conference to seek compromises amid tight budgets. Handelsblatt reports that participants anticipated no agreements on long-standing contentious issues, particularly regarding rail transport. In a joint paper, the federal states are calling for a reform of the rail toll to offset additional costs in the short term.

Schleswig-Holstein's Transport Minister Claus Ruhe Madsen stated that the federal government is imposing significantly higher costs on the states via DB InfraGo while failing to support commuters. Additionally, Bavarian Transport Minister Christian Bernreiter told the dpa that the federal government must fully compensate for threatened increases in track access charges to prevent restrictions in rail traffic.

Brief written by urgent.news from Der Standard Wirtschaft, Handelsblatt — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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