A looming strike in Germany's cash and valuables transport sector is causing significant concern as the festive season approaches. The trade union Verdi has announced the potential for a strike involving around 10,000 employees, which could disrupt cash deliveries and ATM services during the critical Christmas period. The conflict stems from ongoing wage negotiations, with the employers' association BDGW offering salary increases of 5.4% to 7.12% and one-time payments. Despite these offers, Verdi members rejected the proposal by a 66.9% margin.
Negotiators from both sides are set to meet at Frankfurt Airport in a final attempt to reach an agreement. Verdi's lead negotiator, Sonja Austermühle, emphasizes the need for pressure to secure a better offer. Meanwhile, BDGW's Hans-Jörg Hisam warns of the severe economic impacts a strike could have. The looming deadline is Tuesday, with the threat of strikes beginning Wednesday if no agreement is reached. The potential disruption during the holiday season underscores the urgency for a resolution in this labor dispute.
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