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German Employers' Leader: Minimum Wage Would Harm Competitiveness

The leader of Germany's employers' federation said on Tuesday the next government's welfare plans and the introduction of a minimum wage would endanger competitiveness. A day after being elected head of the BDA, Ingo Kramer said Chancellor Angela Merkel's conservatives and the center-left Social Democrats [SPD] - in talks to form a coalition government - were not focussing on the right issues. “When I look at the current topics of the coalition negotiations, I don't...

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