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IN SHORT

Unions toy with going on strike

Industry trade unions are threatening a strike if wages don’t rise 7 percent instead of the companies’ offer of 3.5 percent, the Sme daily wrote.

Industry trade unions are threatening a strike if wages don’t rise 7 percent instead of the companies’ offer of 3.5 percent, the Sme daily wrote.

A strike would mean significant losses to the automotive and electro-technology industry, experts warn.

Employers have argued that aggressive wage growth could push up inflation and have a reverse result.

But KOVO, the trade union representing the employees, said a 7-percent hike demand is in line with economic and wage expectations in 2008.

Negotiations should continue throughout January.

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