The federal government is suspending the concerted action with trade unions and employers, which was justified because of the high inflation. In view of the improved situation, a meeting scheduled for March will not take place, said deputy government spokesman Wolfgang Büchner. “The measures taken are working.” First had that Handelsblatt reported about it. Federal Chancellor Olaf Scholz (SPD) started the exchange with the social partners and representatives of science and the Bundesbank last summer. Ways against the high price increases should be discussed. The top group met three times, most recently in October. Büchner referred to the gas and electricity price brakes that were then decided and the inflation compensation premium. “It is now part of a large number of collective bargaining agreements.”
Price hikes – government suspends concerted action – economy
