Negotiations between the Wirtschaftskammer and the LANV have led to a generally binding collective agreement for the retail trades. Although the Liechtenstein retail sector is under pressure while losing a lot of business across the border - due to a very strong Swiss Currency – the unions succeeded to sign a generally binding collective agreement as of 1 May 2012 with a duration till the end of 2013. The minimum wages increase by € 210. In other sectors (catering and security) the negotiations will continue. In the private transport sector the bargaining process was suspended as no deal on decent minimum wages could be envisaged.
German: http://www.wirtschaftskammer.li/news/2012/04/30/news/detailhandel ...
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