Friday, March 23, 2012

GERMANY'S DECREASED EFFICIENCY IN THE INDUSTRIAL SECTOR HAS BEEN FELT IN THE FINANCIAL MARKETS THROUGH-OUT THE WORLD.

GERMANY'S DECREASED EFFICIENCY IN THE INDUSTRIAL SECTOR HAS BEEN FELT IN THE FINANCIAL MARKETS THROUGH-OUT THE WORLD.


Ground workers at Frankfurt Airport have ceased the extended strike that has lasted for two weeks and the Airport has resumed its normal function in flights departure and flights arrival that had been previously cancelled after the government with both the the employers and the workers trade unions reached a compromise on tarif increase which its percentage increase has not been specified. However, the strike on the public sector has continued to spread through out the regions and cities in Germany that entailed Baden Wuttenberg, Thuringen , Schleswig Holstein , North Rhein Westfalia and parts of Niedersachsen. Germany's decreased efficiency in the industrial sector has been felt in the financial markets around the world. The German Dax has recorded a decreased efficiency in its finance index that ranges between one point five percent (1.5%) to three point five percent (3.5%). These decrease in efficiency may have been attributed to the continued strike through-out the regions and cities in Germany.

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