EconomyLens.com
No Result
View All Result
Tuesday, June 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Markets

New German strike round snarls rail, air traffic

Emma Reilly by Emma Reilly
March 7, 2024
in Markets
Reading Time: 7 mins read
A A
4
19
SHARES
237
VIEWS
Share on FacebookShare on Twitter

Passengers in Germany are stranded by strikes hitting trains and airlines. ©AFP

Berlin (AFP) – Hundreds of thousands of passengers in Germany faced travel misery Thursday as rail and airport workers staged new strikes to back demands for higher wages. Europe’s top economy has been troubled by industrial action for months as workers and management across numerous sectors wrestle over terms amid high inflation and weak business activity.

Related

Oil prices fall even as Israel-Iran strikes extend into fourth day

Oil prices fall even as Israel-Iran strikes extend into fourth day

Oil prices rise further as Israel-Iran extends into fourth day

Dollar dives on Trump’s new trade threat

Shares stumble after Trump’s latest trade threat

Work stoppages have hit transport, supermarkets and the civil service, among other areas of public life. For the fifth time since November 2023, rail workers downed their tools, beginning a 35-hour strike on freight services at 1700 GMT on Wednesday and on passenger services at 0100 GMT on Thursday morning. The length of the strike is intended to underline a key demand of the GDL train drivers’ union to reduce the working week to 35 hours from 38.

Reinhard Ligocki, who finally arrived at Berlin’s main station on a train from the Ruhr Valley, said that average Germans kept getting caught in the middle of an increasingly bitter conflict. “Negotiators for the two sides shouldn’t take out their long-running dispute on the passengers,” he said.

– ‘No longer reliable’ –

Rail employees have been staging repeated strikes to demand a pay rise to help members manage the higher cost of living in light of inflation. A walkout by train drivers in January caused travel disruption for thousands of passengers over several days. That more limited walkout was the beginning of a “wave of strikes”, GDL boss Claus Weselsky said this week. Future action would be announced “when we think the time is right” and no longer 48 hours in advance as has been the case in the past, Weselsky said. “Rail is no longer a reliable means of transport”, with strikes due to drag on, he warned.

Rail operator Deutsche Bahn has condemned the walkout, saying it has made concessions amounting to a 13-percent pay increase. Company spokesman Achim Stauss told public broadcaster ZDF that only about 20 percent of its long-distance trains were running, with “big differences between regions”. Weselsky’s hard line has come in for criticism, with Transport Minister Volker Wissing saying he was losing patience with the industrial action. “Those who exercise their right to strike also have to take responsibility and that means negotiating constructively,” he told ARD public television.

– ‘Damaging’ impact –

Meanwhile Lufthansa ground staff held a nationwide strike from 0300 GMT on Thursday due to last until 0610 GMT Saturday. The company said it was only able to maintain about “10 to 20 percent of the flight schedule”. Frankfurt, Germany’s biggest aviation hub, would see “major disruptions and flight cancellations throughout the day”, the airport said in a statement, adding it would be closed to all outbound passengers. An unannounced strike by security staff at Duesseldorf airport triggered further chaos, with passengers stuck in massive queues and a rash of flights cancelled. The Lufthansa strike is expected to cause further problems for the airline’s services at other airports. A previous one-day strike affected some 100,000 passengers, with between 80 and 90 percent of flights grounded.

Workers’ representatives and management have blamed each other for the travel disruption. The Verdi union is seeking pay rises of 12.5 percent for workers, a minimum of 500 euros ($542) more a month. Lufthansa has offered pay increases over an extended period but not enough to meet Verdi’s demands, the union has said. The carrier reported record 2023 profits on Thursday but warned about the “damaging” impact of the wave of industrial action at the start of this year. Following ground staff, cabin crews were expected to stage their own strike in the coming weeks after pay talks broke down on Wednesday.

© 2024 AFP

Tags: airport strikeGermanyrail strike
Share8Tweet5Share1Pin2Send
Previous Post

Stocks falter before ECB but gold shines after Powell

Next Post

EU curbs kick in to make big tech play by its market rules

Emma Reilly

Emma Reilly

Related Posts

Markets

EU crypto regulation hampered by national flaws

June 12, 2025
Markets

Asian shares stumble after Trump’s latest trade threat

June 12, 2025
Markets

Wall Street climbs on easing US-China tensions, cool US inflation

June 11, 2025
Markets

Stocks rise after China-US framework on trade

June 11, 2025
Markets

Global stocks mixed as markets eye US-China trade talks

June 10, 2025
Markets

Stocks diverge awaiting China-US trade talks

June 9, 2025
Next Post

EU curbs kick in to make big tech play by its market rules

UN, France co-host first forum to decarbonise construction sector

Saudi says 8% Aramco stake transferred to PIF wealth fund portfolio

Biden pushes higher corporate tax, touts strong economy in key speech

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
4 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Spain says ‘overvoltage’ caused huge April blackout

June 17, 2025

Swiss insurers estimate glacier damage at $393 mn

June 17, 2025

Brazil sells rights to oil blocks near Amazon river mouth

June 17, 2025

Trump says EU not offering ‘fair deal’ on trade

June 17, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.