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Workers at German carmakers and engineering companies will receive a 5.5% wage increase over 25 months under a pilot deal struck with employers, the country’s largest industrial union said on Tuesday. The agreement, hammered out after a marathon 18 hours of tough negotiations, is set to cover some 3.9 million employees at companies including Mercedes-Benz, BMW, Siemens and Thyssenkrupp, bringing to an end strikes by tens of thousands of workers.
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