LazyLion
King of de Jungle
We'll have to agree to disagree then. Its a legal industrial action and having seen just one demand that is reasonable to me, I wouldnt call them stupid
Which demand is reasonable to you?
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We'll have to agree to disagree then. Its a legal industrial action and having seen just one demand that is reasonable to me, I wouldnt call them stupid
Which demand is reasonable to you?
Um, I never disagreed with the airlines policy of retiring them at 55. I think it is the correct policy.
That's one of the reasons for the strike, the airline want to push the retirement age UP beyond 55, the pilots don't want to, as they think it's a safety issue to force pilots to fly beyond that agreed age.
But as I mentioned earlier, their pensions are nearly worthless now as they can't buy a living on the the value of the Euro as opposed to food prices.
You keep saying it, but is has little meaning or truth, you don't seem to be all that knowledgable or clued up with European economics, in the case in question, Lufthansa is in Germany, and the German economy isn't doing that badly and the idea that a final value scheme pension is nearly "worthless" is ludicrous. The pilots want to retire, they can live quite happily on their current pension.
I really don't see where you even get the idea that the € is so worthless compared to food prices, unlike other regions of the world Germany is seeing inflation around 1.5%, and while some foodstuffs have increased, it's still fairly easy to live reasonably well on the average salary, and an airline pilot earns a lot more than an average salary (co-pilots start around €60k pa, even a €60k salary on a final salary scheme would give a pension of around €37k pa by BA's calculator and would probably be doubled for a Captain at retirement).
Don't believe everything you see and read in all your press releases...
German State Sector Wins Pay Deal as Industry Frets Over Outlook
Germany’s coalition and the Verdi union yesterday secured a pay deal for government workers that may prompt similar demands in other sectors and add to industry concern about the rising costs of investing in the country.
Some 2.1 million federal and municipal employees will be paid 5.4 percent more retroactively from March 1 over two years, Interior Minister Thomas de Maiziere said after third-round pay talks ended in the city of Potsdam late yesterday. De Maiziere hailed the accord as “fair” and said he aimed to apply it to the pay of civil servants not represented by Verdi.
The deal is “moderate,” said de Maiziere in an e-mail, and “takes account of costs borne by taxpayers” while satisfying “justifiable” public-sector demands for a wage increase. Verdi, Germany’s second-biggest union, which also negotiates for service personnel in industry, asked for 6.7 percent more pay over one year.
Finance Minister Wolfgang Schaeuble has set aside 500 million euros ($689 million) in this year’s budget to finance the expanded federal payroll bill, Nordwest Zeitung newspaper reported on March 31.
The pay deal still needs the approval of Verdi’s national executive. It does not cover state workers, who negotiate separately.
Oh yes, it is improving, and it has always been the economic powerhouse of Europe, but it is also struggling under the weight of the Euro.
Article posted 14 hours ago....
http://www.businessweek.com/news/20...-wins-pay-deal-as-industry-frets-over-outlook
Yes, there have been some tough economic times, but Germany has done quite well, I also don't get how your linked article equates to a pilots € pension leaving them unable to buy food and having to work beyond agreed retirement age (something you seem to be continually missing in this exchange), the pilots are striking to be allowed to retire as agreed and not continue working as the airline is trying to force them to.
Here you go.... maybe we should just start at the beginning for you...
http://www.dummies.com/how-to/content/the-euro-debt-crisis-and-its-impact-on-the-world.html
Germany is the largest national economy in Europe, the fourth-largest by nominal GDP in the world, and fifth by GDP (PPP).
Since the age of industrialisation and beyond, the country has been a driver, innovator, and beneficiary of an ever more globalised economy. Germany's economic policy is based on the concept of the social market economy. The country is a founding member of the European Union and the Eurozone.
Germany is the third largest exporter in the world with $1.516 trillion exported in 2012.
Exports account for more than one-third of national output.
In 2013, Germany recorded the highest trade surplus in the world worth $270 billion, making it the biggest capital exporter globally.
Among the top 10 biggest economies in the world, Germany is the only country with a stable Triple-A (AAA) credit rating.
lol... pretty much every politician in Germany is condemning the strike, but here we have one slavering, knee jerk patriot who thinks they are all wrong because he knows better than all of them.
We'll just leave it at that then.
The union fully deserves to be bashed.... they are endangering not just their pilots' jobs, but the entire economy.... in the midst of a long period cash crisis.