Netherlands - Central banker repeats call for pay hike - April 30, 2017

The central bank DNB president has repeated his call for stronger wage increases to boost spending. Speaking ahead of an IMF meeting in Washington, he said unemployment was falling rapidly but wages are failing to keep pace with other countries. He urged trade unions to place more emphasis on wages in their demands during negotiations with employers. The DNB president said higher wages would serve to increase domestic spending and curb inflation.

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