Bavaria News
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Incomes in Germany have been more evenly distributed than in other big European Union countries since the start of the financial crisis, the Organization for Economic Cooperation and Development said.
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IG Metall, Germany’s biggest union, won a pay deal in the state of Bavaria that exceeds the rate of inflation, setting a benchmark for a national accord.
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German industry was hit by walkouts by almost 130,000 workers today in so-called warning strikes over pay conditions, according to their union.
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Uli Hoeness, the president of Bayern Munich soccer club who is being investigated for tax evasion, was asked to stay as the German champion’s chairman by fellow supervisory board members.
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Chancellor Angela Merkel will unveil her Christian Democratic Union’s campaign platform on June 24, the last political leader to outline a program in an election-year tradition reserved for the ruling party.
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Munich Mayor Christian Ude accused the Bavarian government of unlawfully helping to fund the 2.5 billion-euro ($3.3 billion) purchase of 32,000 apartments and asked European Union regulators to halt the sale.
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SABMiller Plc said Alan Clark will succeed Graham Mackay as chief executive officer earlier than planned after the man who led the company to become the world’s second-biggest brewer was diagnosed with a brain tumor.
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Germany’s largest cities are preparing to tighten rent regulations as they take advantage of a new federal law aimed at curbing the housing boom.
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The governments of Bavaria and Hesse, two of Germany’s richest states, filed a lawsuit at the country’s highest court in Karlsruhe today in an attempt to pay less to poorer regions.
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German opposition candidate Peer Steinbrueck’s drive to become chancellor is going into reverse.
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