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Klaas Knot Warns Against High Wage Demands

Klaas Knot cautions European labor unions that excessive wage hikes could drive inflation higher, conflicting with the European Central Bank's target.

A thoughtful portrait of Klaas Knot, set against a backdrop of economic graphs and Euro symbols, sym
Klaas Knot Warns Against High Wage Demands

Klaas Knot warns European labor unions that high wage-increase demands could accelerate inflation, which is contrary to the ECB's inflation target.

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