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Germany could present the proposals, which are in draft form and may change further in the coming days, to its euro zone partners at a summit on Friday. Berlin wants them to form part of a comprehensive anti-crisis package for the euro zone that is expected to be unveiled at another EU summit in March, although the details would only be pinned down over the next 12 months. Belgium, Cyprus, Luxembourg and Malta all use indexation to set some domestic wages while others including Portugal relate salaries to price growth through collective bargaining agreements and negotiations.
Berlin wants them to form part of a comprehensive anti-crisis package for the euro zone that is expected to be unveiled at another EU summit in March, although the details would only be pinned down over the next 12 months.
Belgium, Cyprus, Luxembourg and Malta all use indexation to set some domestic wages while others including Portugal relate salaries to price growth through collective bargaining agreements and negotiations.
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