| |
| | Guardian Unlimited | Special reports | Germany moves to harmonise EU pay |
 | | Germany has drafted a scheme for a harmonised European wages policy to include in the new European employment pact, due to be agreed at the EU summit in Cologne in June. |
 | | Germany's labour minister, Walter Riester, said that he did not want 'wage norms', since the EU was still a long way from being able to formulate them, but rather 'to improve the interaction' between monetary, tax and wage policies in Europe. |
 | | Germany also proposes to bring the new European Central Bank in to help define the new employment pact, on the grounds that the ECB sets monetary policy with an eye to wage movements. |
| www.guardian.co.uk /euro/story/0,11306,607121,00.html (516 words) |
|