Strike at Germany's Postbank averted as unions agree pay deal

NAMPA / DPA

2026-07-02

Frankfurt (dpa) - Trade unions and employers averted strikes at Germany's Postbank at the last minute with a collective bargaining compromise on Thursday, with the Verdi union saying it is calling off a strike ballot on possible industrial action. According to consistent reports, the new collective agreement is to run for 28 months and provide higher salaries in two stages to around 9,000 employees of Postbank, which is owned by Deutsche Bank. Im......

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