Germany is giving nearly two million workers a 25% pay rise
CNN
Almost 2 million workers in Europe's biggest economy are set for a big pay rise.
Three German political parties agreed to form a new government on Wednesday, with left-leaning Social Democrat Olaf Scholz set to succeed Angela Merkel as chancellor following lengthy coalition negotiations.
As part of the coalition agreement, the country plans to raise its minimum wage to €12 ($13.46) an hour, from the current rate of €9.60 ($10.77) an hour.
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