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Germany’s Postbank and trade union leaders have reached a wage deal after almost three months of talks and repeated strikes, the company and unions announced on Thursday. In the fifth round of negotiations on Wednesday, unions and employers agreed on salary increases in two stages as well as an extension of protection against dismissal until the end of 2027. Postbank, a subsidiary of German banking giant Deutsche Bank, has been negotiating for months with the German Bank Employees’ Association (DBV) and the trade union verdi, who together represent about 12,000 employees. Customers can breathe…

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