<?xml version='1.0' encoding='utf-8'?>
<alto xmlns="http://www.loc.gov/standards/alto/ns-v3#" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/standards/alto/ns-v3# http://www.loc.gov/standards/alto/v3/alto-3-1.xsd"><Description><MeasurementUnit>pixel</MeasurementUnit><sourceImageInformation><fileIdentifier>749098</fileIdentifier></sourceImageInformation></Description><Layout><Page WIDTH="1653" PHYSICAL_IMG_NR="1" ID="p749081" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749081" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749081" HEIGHT="2338"><TextLine HPOS="950" VPOS="50" ID="tl1-0" WIDTH="506" HEIGHT="29"><String HEIGHT="29" CONTENT="INTERNATIONAL" WIDTH="239" HPOS="950" VPOS="50" ID="st1-0"/><SP/><String HEIGHT="29" CONTENT="POLICY" WIDTH="106" HPOS="1198" VPOS="50" ID="st1-1"/><SP/><String HEIGHT="29" CONTENT="ANALYSIS" WIDTH="143" HPOS="1313" VPOS="50" ID="st1-2"/></TextLine><TextLine HPOS="597" VPOS="563" ID="tl1-1" WIDTH="859" HEIGHT="68"><String HEIGHT="68" CONTENT="Wage" WIDTH="192" HPOS="597" VPOS="563" ID="st1-3"/><SP/><String HEIGHT="68" CONTENT="Policy" WIDTH="193" HPOS="809" VPOS="563" ID="st1-4"/><SP/><String HEIGHT="68" CONTENT="Coordination" WIDTH="435" HPOS="1021" VPOS="563" ID="st1-5"/></TextLine><TextLine HPOS="932" VPOS="635" ID="tl1-2" WIDTH="524" HEIGHT="68"><String HEIGHT="68" CONTENT="in" WIDTH="63" HPOS="932" VPOS="635" ID="st1-6"/><SP/><String HEIGHT="68" CONTENT="the" WIDTH="111" HPOS="1014" VPOS="635" ID="st1-7"/><SP/><String HEIGHT="68" CONTENT="Eurozone" WIDTH="312" HPOS="1144" VPOS="635" ID="st1-8"/></TextLine><TextLine HPOS="297" VPOS="723" ID="tl1-3" WIDTH="1159" HEIGHT="46"><String HEIGHT="46" CONTENT="A" WIDTH="34" HPOS="297" VPOS="723" ID="st1-9"/><SP/><String HEIGHT="46" CONTENT="Robust" WIDTH="144" HPOS="344" VPOS="723" ID="st1-10"/><SP/><String HEIGHT="46" CONTENT="Concept" WIDTH="173" HPOS="501" VPOS="723" ID="st1-11"/><SP/><String HEIGHT="46" CONTENT="for" WIDTH="58" HPOS="688" VPOS="723" ID="st1-12"/><SP/><String HEIGHT="46" CONTENT="Greater" WIDTH="155" HPOS="760" VPOS="723" ID="st1-13"/><SP/><String HEIGHT="46" CONTENT="Macroeconomic" WIDTH="332" HPOS="928" VPOS="723" ID="st1-14"/><SP/><String HEIGHT="46" CONTENT="Stability" WIDTH="163" HPOS="1274" VPOS="723" ID="st1-15"/><String HEIGHT="46" CONTENT="?" WIDTH="19" HPOS="1437" VPOS="723" ID="st1-16"/></TextLine><TextLine HPOS="1235" VPOS="989" ID="tl1-4" WIDTH="221" HEIGHT="29"><String HEIGHT="29" CONTENT="TORALF" WIDTH="115" HPOS="1235" VPOS="989" ID="st1-17"/><SP/><String HEIGHT="29" CONTENT="PUSCH" WIDTH="98" HPOS="1358" VPOS="989" ID="st1-18"/></TextLine><TextLine HPOS="1329" VPOS="1025" ID="tl1-5" WIDTH="127" HEIGHT="28"><String HEIGHT="28" CONTENT="May" WIDTH="55" HPOS="1329" VPOS="1025" ID="st1-19"/><SP/><String HEIGHT="28" CONTENT="2011" WIDTH="63" HPOS="1393" VPOS="1025" ID="st1-20"/></TextLine><TextLine HPOS="433" VPOS="1170" ID="tl1-6" WIDTH="20" HEIGHT="27"><String HEIGHT="27" CONTENT="" WIDTH="20" HPOS="433" VPOS="1170" ID="st1-21"/></TextLine><TextLine HPOS="453" VPOS="1172" ID="tl1-7" WIDTH="1003" HEIGHT="25"><String HEIGHT="25" CONTENT="" WIDTH="8" HPOS="453" VPOS="1172" ID="st1-22"/><SP/><String HEIGHT="25" CONTENT="In" WIDTH="22" HPOS="472" VPOS="1172" ID="st1-23"/><SP/><String HEIGHT="25" CONTENT="the" WIDTH="38" HPOS="503" VPOS="1172" ID="st1-24"/><SP/><String HEIGHT="25" CONTENT="European" WIDTH="113" HPOS="550" VPOS="1172" ID="st1-25"/><SP/><String HEIGHT="25" CONTENT="Monetary" WIDTH="114" HPOS="672" VPOS="1172" ID="st1-26"/><SP/><String HEIGHT="25" CONTENT="Union" WIDTH="71" HPOS="795" VPOS="1172" ID="st1-27"/><SP/><String HEIGHT="25" CONTENT="–" WIDTH="14" HPOS="875" VPOS="1172" ID="st1-28"/><SP/><String HEIGHT="25" CONTENT="which" WIDTH="71" HPOS="898" VPOS="1172" ID="st1-29"/><SP/><String HEIGHT="25" CONTENT="is" WIDTH="17" HPOS="978" VPOS="1172" ID="st1-30"/><SP/><String HEIGHT="25" CONTENT="based" WIDTH="70" HPOS="1004" VPOS="1172" ID="st1-31"/><SP/><String HEIGHT="25" CONTENT="on" WIDTH="31" HPOS="1083" VPOS="1172" ID="st1-32"/><SP/><String HEIGHT="25" CONTENT="competition" WIDTH="137" HPOS="1123" VPOS="1172" ID="st1-33"/><String HEIGHT="25" CONTENT="-" WIDTH="13" HPOS="1260" VPOS="1172" ID="st1-34"/><String HEIGHT="25" CONTENT="oriented" WIDTH="100" HPOS="1273" VPOS="1172" ID="st1-35"/><SP/><String HEIGHT="25" CONTENT="princi" WIDTH="64" HPOS="1382" VPOS="1172" ID="st1-36" SUBS_TYPE="HypPart1" SUBS_CONTENT="principles"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1172" HEIGHT="25"/></TextLine><TextLine HPOS="472" VPOS="1208" ID="tl1-8" WIDTH="984" HEIGHT="25"><String HEIGHT="25" CONTENT="ples" WIDTH="46" HPOS="472" VPOS="1208" ID="st1-37" SUBS_TYPE="HypPart2" SUBS_CONTENT="principles"/><SP/><String HEIGHT="25" CONTENT="–" WIDTH="14" HPOS="527" VPOS="1208" ID="st1-38"/><SP/><String HEIGHT="25" CONTENT="wage" WIDTH="65" HPOS="550" VPOS="1208" ID="st1-39"/><SP/><String HEIGHT="25" CONTENT="costs" WIDTH="59" HPOS="623" VPOS="1208" ID="st1-40"/><SP/><String HEIGHT="25" CONTENT="have" WIDTH="55" HPOS="691" VPOS="1208" ID="st1-41"/><SP/><String HEIGHT="25" CONTENT="come" WIDTH="65" HPOS="755" VPOS="1208" ID="st1-42"/><SP/><String HEIGHT="25" CONTENT="under" WIDTH="69" HPOS="829" VPOS="1208" ID="st1-43"/><SP/><String HEIGHT="25" CONTENT="considerable" WIDTH="148" HPOS="907" VPOS="1208" ID="st1-44"/><SP/><String HEIGHT="25" CONTENT="adjustment" WIDTH="133" HPOS="1064" VPOS="1208" ID="st1-45"/><SP/><String HEIGHT="25" CONTENT="pressure" WIDTH="93" HPOS="1206" VPOS="1208" ID="st1-46"/><String HEIGHT="25" CONTENT="." WIDTH="12" HPOS="1299" VPOS="1208" ID="st1-47"/><SP/><String HEIGHT="25" CONTENT="The" WIDTH="43" HPOS="1320" VPOS="1208" ID="st1-48"/><SP/><String HEIGHT="25" CONTENT="current" WIDTH="84" HPOS="1372" VPOS="1208" ID="st1-49"/></TextLine><TextLine HPOS="472" VPOS="1244" ID="tl1-9" WIDTH="984" HEIGHT="25"><String HEIGHT="25" CONTENT="crisis" WIDTH="55" HPOS="472" VPOS="1244" ID="st1-50"/><SP/><String HEIGHT="25" CONTENT="calls" WIDTH="49" HPOS="534" VPOS="1244" ID="st1-51"/><SP/><String HEIGHT="25" CONTENT="for" WIDTH="34" HPOS="590" VPOS="1244" ID="st1-52"/><SP/><String HEIGHT="25" CONTENT="closer" WIDTH="67" HPOS="631" VPOS="1244" ID="st1-53"/><SP/><String HEIGHT="25" CONTENT="coordination" WIDTH="149" HPOS="705" VPOS="1244" ID="st1-54"/><SP/><String HEIGHT="25" CONTENT="of" WIDTH="25" HPOS="861" VPOS="1244" ID="st1-55"/><SP/><String HEIGHT="25" CONTENT="wage" WIDTH="65" HPOS="892" VPOS="1244" ID="st1-56"/><SP/><String HEIGHT="25" CONTENT="and" WIDTH="44" HPOS="964" VPOS="1244" ID="st1-57"/><SP/><String HEIGHT="25" CONTENT="collective" WIDTH="108" HPOS="1015" VPOS="1244" ID="st1-58"/><SP/><String HEIGHT="25" CONTENT="bargaining" WIDTH="126" HPOS="1130" VPOS="1244" ID="st1-59"/><SP/><String HEIGHT="25" CONTENT="policy" WIDTH="68" HPOS="1263" VPOS="1244" ID="st1-60"/><SP/><String HEIGHT="25" CONTENT="in" WIDTH="22" HPOS="1337" VPOS="1244" ID="st1-61"/><SP/><String HEIGHT="25" CONTENT="Europe" WIDTH="77" HPOS="1366" VPOS="1244" ID="st1-62"/><String HEIGHT="25" CONTENT="." WIDTH="13" HPOS="1443" VPOS="1244" ID="st1-63"/></TextLine><TextLine HPOS="433" VPOS="1315" ID="tl1-10" WIDTH="20" HEIGHT="26"><String HEIGHT="26" CONTENT="" WIDTH="20" HPOS="433" VPOS="1315" ID="st1-64"/></TextLine><TextLine HPOS="453" VPOS="1316" ID="tl1-11" WIDTH="1003" HEIGHT="26"><String HEIGHT="26" CONTENT="" WIDTH="8" HPOS="453" VPOS="1316" ID="st1-65"/><SP/><String HEIGHT="26" CONTENT="Taking" WIDTH="76" HPOS="472" VPOS="1316" ID="st1-66"/><SP/><String HEIGHT="26" CONTENT="the" WIDTH="38" HPOS="555" VPOS="1316" ID="st1-67"/><SP/><String HEIGHT="26" CONTENT="example" WIDTH="98" HPOS="601" VPOS="1316" ID="st1-68"/><SP/><String HEIGHT="26" CONTENT="of" WIDTH="24" HPOS="707" VPOS="1316" ID="st1-69"/><SP/><String HEIGHT="26" CONTENT="a" WIDTH="14" HPOS="738" VPOS="1316" ID="st1-70"/><SP/><String HEIGHT="26" CONTENT="specific" WIDTH="86" HPOS="760" VPOS="1316" ID="st1-71"/><SP/><String HEIGHT="26" CONTENT="wage" WIDTH="65" HPOS="853" VPOS="1316" ID="st1-72"/><SP/><String HEIGHT="26" CONTENT="negotiation" WIDTH="136" HPOS="925" VPOS="1316" ID="st1-73"/><SP/><String HEIGHT="26" CONTENT="network" WIDTH="99" HPOS="1068" VPOS="1316" ID="st1-74"/><SP/><String HEIGHT="26" CONTENT="the" WIDTH="39" HPOS="1174" VPOS="1316" ID="st1-75"/><SP/><String HEIGHT="26" CONTENT="present" WIDTH="88" HPOS="1220" VPOS="1316" ID="st1-76"/><SP/><String HEIGHT="26" CONTENT="study" WIDTH="63" HPOS="1315" VPOS="1316" ID="st1-77"/><SP/><String HEIGHT="26" CONTENT="analy" WIDTH="60" HPOS="1385" VPOS="1316" ID="st1-78" SUBS_TYPE="HypPart1" SUBS_CONTENT="analyses"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1316" HEIGHT="26"/></TextLine><TextLine HPOS="472" VPOS="1352" ID="tl1-12" WIDTH="984" HEIGHT="26"><String HEIGHT="26" CONTENT="ses" WIDTH="35" HPOS="472" VPOS="1352" ID="st1-79" SUBS_TYPE="HypPart2" SUBS_CONTENT="analyses"/><SP/><String HEIGHT="26" CONTENT="whether" WIDTH="99" HPOS="515" VPOS="1352" ID="st1-80"/><SP/><String HEIGHT="26" CONTENT="wage" WIDTH="64" HPOS="622" VPOS="1352" ID="st1-81"/><SP/><String HEIGHT="26" CONTENT="policy" WIDTH="68" HPOS="694" VPOS="1352" ID="st1-82"/><SP/><String HEIGHT="26" CONTENT="coordination" WIDTH="149" HPOS="770" VPOS="1352" ID="st1-83"/><SP/><String HEIGHT="26" CONTENT="could" WIDTH="65" HPOS="926" VPOS="1352" ID="st1-84"/><SP/><String HEIGHT="26" CONTENT="help" WIDTH="51" HPOS="999" VPOS="1352" ID="st1-85"/><SP/><String HEIGHT="26" CONTENT="to" WIDTH="24" HPOS="1058" VPOS="1352" ID="st1-86"/><SP/><String HEIGHT="26" CONTENT="prevent" WIDTH="89" HPOS="1090" VPOS="1352" ID="st1-87"/><SP/><String HEIGHT="26" CONTENT="macroeconomic" WIDTH="187" HPOS="1187" VPOS="1352" ID="st1-88"/><SP/><String HEIGHT="26" CONTENT="imbal" WIDTH="62" HPOS="1382" VPOS="1352" ID="st1-89" SUBS_TYPE="HypPart1" SUBS_CONTENT="imbalances"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="1352" HEIGHT="26"/></TextLine><TextLine HPOS="472" VPOS="1388" ID="tl1-13" WIDTH="984" HEIGHT="26"><String HEIGHT="26" CONTENT="ances" WIDTH="66" HPOS="472" VPOS="1388" ID="st1-90" SUBS_TYPE="HypPart2" SUBS_CONTENT="imbalances"/><SP/><String HEIGHT="26" CONTENT="in" WIDTH="21" HPOS="546" VPOS="1388" ID="st1-91"/><SP/><String HEIGHT="26" CONTENT="the" WIDTH="38" HPOS="575" VPOS="1388" ID="st1-92"/><SP/><String HEIGHT="26" CONTENT="Eurozone" WIDTH="104" HPOS="621" VPOS="1388" ID="st1-93"/><String HEIGHT="26" CONTENT="." WIDTH="14" HPOS="725" VPOS="1388" ID="st1-94"/><SP/><String HEIGHT="26" CONTENT="The" WIDTH="43" HPOS="747" VPOS="1388" ID="st1-95"/><SP/><String HEIGHT="26" CONTENT="extent" WIDTH="74" HPOS="797" VPOS="1388" ID="st1-96"/><SP/><String HEIGHT="26" CONTENT="to" WIDTH="24" HPOS="879" VPOS="1388" ID="st1-97"/><SP/><String HEIGHT="26" CONTENT="which" WIDTH="71" HPOS="911" VPOS="1388" ID="st1-98"/><SP/><String HEIGHT="26" CONTENT="this" WIDTH="42" HPOS="989" VPOS="1388" ID="st1-99"/><SP/><String HEIGHT="26" CONTENT="is" WIDTH="17" HPOS="1038" VPOS="1388" ID="st1-100"/><SP/><String HEIGHT="26" CONTENT="the" WIDTH="38" HPOS="1063" VPOS="1388" ID="st1-101"/><SP/><String HEIGHT="26" CONTENT="task" WIDTH="48" HPOS="1109" VPOS="1388" ID="st1-102"/><SP/><String HEIGHT="26" CONTENT="of" WIDTH="25" HPOS="1164" VPOS="1388" ID="st1-103"/><SP/><String HEIGHT="26" CONTENT="wage" WIDTH="65" HPOS="1196" VPOS="1388" ID="st1-104"/><SP/><String HEIGHT="26" CONTENT="policy" WIDTH="67" HPOS="1269" VPOS="1388" ID="st1-105"/><SP/><String HEIGHT="26" CONTENT="and" WIDTH="45" HPOS="1344" VPOS="1388" ID="st1-106"/><SP/><String HEIGHT="26" CONTENT="what" WIDTH="60" HPOS="1396" VPOS="1388" ID="st1-107"/></TextLine><TextLine HPOS="472" VPOS="1425" ID="tl1-14" WIDTH="984" HEIGHT="25"><String HEIGHT="25" CONTENT="alternatives" WIDTH="135" HPOS="472" VPOS="1425" ID="st1-108"/><SP/><String HEIGHT="25" CONTENT="there" WIDTH="61" HPOS="616" VPOS="1425" ID="st1-109"/><SP/><String HEIGHT="25" CONTENT="are" WIDTH="36" HPOS="687" VPOS="1425" ID="st1-110"/><SP/><String HEIGHT="25" CONTENT="for" WIDTH="34" HPOS="733" VPOS="1425" ID="st1-111"/><SP/><String HEIGHT="25" CONTENT="coping" WIDTH="81" HPOS="776" VPOS="1425" ID="st1-112"/><SP/><String HEIGHT="25" CONTENT="with" WIDTH="52" HPOS="866" VPOS="1425" ID="st1-113"/><SP/><String HEIGHT="25" CONTENT="socioeconomic" WIDTH="174" HPOS="928" VPOS="1425" ID="st1-114"/><SP/><String HEIGHT="25" CONTENT="asymmetries" WIDTH="146" HPOS="1112" VPOS="1425" ID="st1-115"/><SP/><String HEIGHT="25" CONTENT="are" WIDTH="36" HPOS="1268" VPOS="1425" ID="st1-116"/><SP/><String HEIGHT="25" CONTENT="discussed" WIDTH="111" HPOS="1314" VPOS="1425" ID="st1-117"/><SP/><String HEIGHT="25" CONTENT="in" WIDTH="22" HPOS="1434" VPOS="1425" ID="st1-118"/></TextLine><TextLine HPOS="472" VPOS="1461" ID="tl1-15" WIDTH="649" HEIGHT="25"><String HEIGHT="25" CONTENT="three" WIDTH="61" HPOS="472" VPOS="1461" ID="st1-119"/><SP/><String HEIGHT="25" CONTENT="commentaries" WIDTH="167" HPOS="541" VPOS="1461" ID="st1-120"/><SP/><String HEIGHT="25" CONTENT="based" WIDTH="70" HPOS="715" VPOS="1461" ID="st1-121"/><SP/><String HEIGHT="25" CONTENT="on" WIDTH="31" HPOS="792" VPOS="1461" ID="st1-122"/><SP/><String HEIGHT="25" CONTENT="trade" WIDTH="62" HPOS="831" VPOS="1461" ID="st1-123"/><SP/><String HEIGHT="25" CONTENT="union" WIDTH="68" HPOS="900" VPOS="1461" ID="st1-124"/><SP/><String HEIGHT="25" CONTENT="experiences" WIDTH="132" HPOS="976" VPOS="1461" ID="st1-125"/><String HEIGHT="25" CONTENT=":" WIDTH="13" HPOS="1108" VPOS="1461" ID="st1-126"/></TextLine><TextLine HPOS="433" VPOS="1531" ID="tl1-16" WIDTH="20" HEIGHT="27"><String HEIGHT="27" CONTENT="" WIDTH="20" HPOS="433" VPOS="1531" ID="st1-127"/></TextLine><TextLine HPOS="453" VPOS="1533" ID="tl1-17" WIDTH="8" HEIGHT="25"><String HEIGHT="25" CONTENT="" WIDTH="8" HPOS="453" VPOS="1533" ID="st1-128"/></TextLine><TextLine HPOS="472" VPOS="1533" ID="tl1-18" WIDTH="51" HEIGHT="26"><String HEIGHT="26" CONTENT="Ralf" WIDTH="51" HPOS="472" VPOS="1533" ID="st1-129"/></TextLine><TextLine HPOS="472" VPOS="1569" ID="tl1-19" WIDTH="984" HEIGHT="25"><String HEIGHT="25" CONTENT="Striving" WIDTH="88" HPOS="472" VPOS="1569" ID="st1-130"/><SP/><String HEIGHT="25" CONTENT="for" WIDTH="34" HPOS="567" VPOS="1569" ID="st1-131"/><SP/><String HEIGHT="25" CONTENT="fairness" WIDTH="90" HPOS="608" VPOS="1569" ID="st1-132"/><SP/><String HEIGHT="25" CONTENT="in" WIDTH="21" HPOS="706" VPOS="1569" ID="st1-133"/><SP/><String HEIGHT="25" CONTENT="the" WIDTH="38" HPOS="735" VPOS="1569" ID="st1-134"/><SP/><String HEIGHT="25" CONTENT="distribution" WIDTH="135" HPOS="780" VPOS="1569" ID="st1-135"/><SP/><String HEIGHT="25" CONTENT="of" WIDTH="25" HPOS="922" VPOS="1569" ID="st1-136"/><SP/><String HEIGHT="25" CONTENT="wealth" WIDTH="80" HPOS="954" VPOS="1569" ID="st1-137"/><SP/><String HEIGHT="25" CONTENT="and" WIDTH="45" HPOS="1041" VPOS="1569" ID="st1-138"/><SP/><String HEIGHT="25" CONTENT="income" WIDTH="86" HPOS="1094" VPOS="1569" ID="st1-139"/><SP/><String HEIGHT="25" CONTENT="and" WIDTH="45" HPOS="1187" VPOS="1569" ID="st1-140"/><String HEIGHT="25" CONTENT="»" WIDTH="13" HPOS="1239" VPOS="1569" ID="st1-141"/><String HEIGHT="25" CONTENT="decent" WIDTH="83" HPOS="1252" VPOS="1569" ID="st1-142"/><SP/><String HEIGHT="25" CONTENT="work" WIDTH="60" HPOS="1342" VPOS="1569" ID="st1-143"/><String HEIGHT="25" CONTENT="«" WIDTH="16" HPOS="1402" VPOS="1569" ID="st1-144"/><SP/><String HEIGHT="25" CONTENT="in" WIDTH="21" HPOS="1425" VPOS="1569" ID="st1-145" SUBS_TYPE="HypPart1" SUBS_CONTENT="instead"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1569" HEIGHT="25"/></TextLine><TextLine HPOS="472" VPOS="1605" ID="tl1-20" WIDTH="431" HEIGHT="26"><String HEIGHT="26" CONTENT="stead" WIDTH="63" HPOS="472" VPOS="1605" ID="st1-146" SUBS_TYPE="HypPart2" SUBS_CONTENT="instead"/><SP/><String HEIGHT="26" CONTENT="of" WIDTH="25" HPOS="543" VPOS="1605" ID="st1-147"/><SP/><String HEIGHT="26" CONTENT="fostering" WIDTH="105" HPOS="575" VPOS="1605" ID="st1-148"/><SP/><String HEIGHT="26" CONTENT="wage" WIDTH="65" HPOS="688" VPOS="1605" ID="st1-149"/><SP/><String HEIGHT="26" CONTENT="competition" WIDTH="142" HPOS="761" VPOS="1605" ID="st1-150"/></TextLine><TextLine HPOS="433" VPOS="1676" ID="tl1-21" WIDTH="20" HEIGHT="27"><String HEIGHT="27" CONTENT="" WIDTH="20" HPOS="433" VPOS="1676" ID="st1-151"/></TextLine><TextLine HPOS="453" VPOS="1677" ID="tl1-22" WIDTH="8" HEIGHT="26"><String HEIGHT="26" CONTENT="" WIDTH="8" HPOS="453" VPOS="1677" ID="st1-152"/></TextLine><TextLine HPOS="472" VPOS="1677" ID="tl1-23" WIDTH="228" HEIGHT="26"><String HEIGHT="26" CONTENT="Kay" WIDTH="49" HPOS="472" VPOS="1677" ID="st1-153"/><SP/><String HEIGHT="26" CONTENT="Ohl" WIDTH="46" HPOS="529" VPOS="1677" ID="st1-154"/><SP/><String HEIGHT="26" CONTENT="and" WIDTH="49" HPOS="583" VPOS="1677" ID="st1-155"/><SP/><String HEIGHT="26" CONTENT="Uwe" WIDTH="60" HPOS="640" VPOS="1677" ID="st1-156"/></TextLine><TextLine HPOS="472" VPOS="1713" ID="tl1-24" WIDTH="984" HEIGHT="26"><String HEIGHT="26" CONTENT="Collective" WIDTH="114" HPOS="472" VPOS="1713" ID="st1-157"/><SP/><String HEIGHT="26" CONTENT="bargaining" WIDTH="127" HPOS="592" VPOS="1713" ID="st1-158"/><SP/><String HEIGHT="26" CONTENT="and" WIDTH="45" HPOS="725" VPOS="1713" ID="st1-159"/><SP/><String HEIGHT="26" CONTENT="wage" WIDTH="65" HPOS="776" VPOS="1713" ID="st1-160"/><SP/><String HEIGHT="26" CONTENT="policy" WIDTH="68" HPOS="847" VPOS="1713" ID="st1-161"/><SP/><String HEIGHT="26" CONTENT="alone" WIDTH="65" HPOS="921" VPOS="1713" ID="st1-162"/><SP/><String HEIGHT="26" CONTENT="should" WIDTH="79" HPOS="992" VPOS="1713" ID="st1-163"/><SP/><String HEIGHT="26" CONTENT="not" WIDTH="40" HPOS="1077" VPOS="1713" ID="st1-164"/><SP/><String HEIGHT="26" CONTENT="be" WIDTH="29" HPOS="1124" VPOS="1713" ID="st1-165"/><SP/><String HEIGHT="26" CONTENT="responsible" WIDTH="132" HPOS="1159" VPOS="1713" ID="st1-166"/><SP/><String HEIGHT="26" CONTENT="for" WIDTH="34" HPOS="1298" VPOS="1713" ID="st1-167"/><SP/><String HEIGHT="26" CONTENT="correcting" WIDTH="118" HPOS="1338" VPOS="1713" ID="st1-168"/></TextLine><TextLine HPOS="472" VPOS="1750" ID="tl1-25" WIDTH="327" HEIGHT="25"><String HEIGHT="25" CONTENT="macroeconomic" WIDTH="188" HPOS="472" VPOS="1750" ID="st1-169"/><SP/><String HEIGHT="25" CONTENT="imbalances" WIDTH="132" HPOS="667" VPOS="1750" ID="st1-170"/></TextLine><TextLine HPOS="433" VPOS="1820" ID="tl1-26" WIDTH="20" HEIGHT="27"><String HEIGHT="27" CONTENT="" WIDTH="20" HPOS="433" VPOS="1820" ID="st1-171"/></TextLine><TextLine HPOS="453" VPOS="1822" ID="tl1-27" WIDTH="8" HEIGHT="25"><String HEIGHT="25" CONTENT="" WIDTH="8" HPOS="453" VPOS="1822" ID="st1-172"/></TextLine><TextLine HPOS="472" VPOS="1822" ID="tl1-28" WIDTH="110" HEIGHT="26"><String HEIGHT="26" CONTENT="Gabriele" WIDTH="110" HPOS="472" VPOS="1822" ID="st1-173"/></TextLine><TextLine HPOS="472" VPOS="1858" ID="tl1-29" WIDTH="780" HEIGHT="25"><String HEIGHT="25" CONTENT="Improving" WIDTH="118" HPOS="472" VPOS="1858" ID="st1-174"/><SP/><String HEIGHT="25" CONTENT="standards" WIDTH="114" HPOS="598" VPOS="1858" ID="st1-175"/><SP/><String HEIGHT="25" CONTENT="of" WIDTH="25" HPOS="719" VPOS="1858" ID="st1-176"/><SP/><String HEIGHT="25" CONTENT="living" WIDTH="62" HPOS="752" VPOS="1858" ID="st1-177"/><SP/><String HEIGHT="25" CONTENT="and" WIDTH="45" HPOS="821" VPOS="1858" ID="st1-178"/><SP/><String HEIGHT="25" CONTENT="stemming" WIDTH="117" HPOS="874" VPOS="1858" ID="st1-179"/><SP/><String HEIGHT="25" CONTENT="economic" WIDTH="114" HPOS="999" VPOS="1858" ID="st1-180"/><SP/><String HEIGHT="25" CONTENT="imbalances" WIDTH="131" HPOS="1121" VPOS="1858" ID="st1-181"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="2" ID="p749083" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749083" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749083" HEIGHT="2338"><TextLine HPOS="196" VPOS="191" ID="tl2-0" WIDTH="137" HEIGHT="34"><String HEIGHT="34" CONTENT="Content" WIDTH="137" HPOS="196" VPOS="191" ID="st2-0"/></TextLine><TextLine HPOS="746" VPOS="56" ID="tl2-1" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st2-1"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st2-2"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st2-3"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st2-4"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st2-5"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st2-6"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st2-7"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st2-8"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st2-9"/></TextLine><TextLine HPOS="472" VPOS="307" ID="tl2-2" WIDTH="137" HEIGHT="23"><String HEIGHT="23" CONTENT="Björn" WIDTH="56" HPOS="472" VPOS="307" ID="st2-10"/><SP/><String HEIGHT="23" CONTENT="Hacker" WIDTH="74" HPOS="535" VPOS="307" ID="st2-11"/></TextLine><TextLine HPOS="472" VPOS="343" ID="tl2-3" WIDTH="113" HEIGHT="24"><String HEIGHT="24" CONTENT="Foreword" WIDTH="113" HPOS="472" VPOS="343" ID="st2-12"/></TextLine><TextLine HPOS="592" VPOS="343" ID="tl2-4" WIDTH="811" HEIGHT="23"><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="592" VPOS="343" ID="st2-13"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="605" VPOS="343" ID="st2-14"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="619" VPOS="343" ID="st2-15"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="633" VPOS="343" ID="st2-16"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="647" VPOS="343" ID="st2-17"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="661" VPOS="343" ID="st2-18"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="675" VPOS="343" ID="st2-19"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="689" VPOS="343" ID="st2-20"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="702" VPOS="343" ID="st2-21"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="716" VPOS="343" ID="st2-22"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="730" VPOS="343" ID="st2-23"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="744" VPOS="343" ID="st2-24"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="758" VPOS="343" ID="st2-25"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="772" VPOS="343" ID="st2-26"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="786" VPOS="343" ID="st2-27"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="799" VPOS="343" ID="st2-28"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="813" VPOS="343" ID="st2-29"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="827" VPOS="343" ID="st2-30"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="841" VPOS="343" ID="st2-31"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="855" VPOS="343" ID="st2-32"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="869" VPOS="343" ID="st2-33"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="883" VPOS="343" ID="st2-34"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="897" VPOS="343" ID="st2-35"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="910" VPOS="343" ID="st2-36"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="924" VPOS="343" ID="st2-37"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="938" VPOS="343" ID="st2-38"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="952" VPOS="343" ID="st2-39"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="966" VPOS="343" ID="st2-40"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="980" VPOS="343" ID="st2-41"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="994" VPOS="343" ID="st2-42"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1007" VPOS="343" ID="st2-43"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1021" VPOS="343" ID="st2-44"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1035" VPOS="343" ID="st2-45"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1049" VPOS="343" ID="st2-46"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1063" VPOS="343" ID="st2-47"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1077" VPOS="343" ID="st2-48"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1091" VPOS="343" ID="st2-49"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1104" VPOS="343" ID="st2-50"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1118" VPOS="343" ID="st2-51"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1132" VPOS="343" ID="st2-52"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1146" VPOS="343" ID="st2-53"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1160" VPOS="343" ID="st2-54"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1174" VPOS="343" ID="st2-55"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1188" VPOS="343" ID="st2-56"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="1202" VPOS="343" ID="st2-57"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1215" VPOS="343" ID="st2-58"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1229" VPOS="343" ID="st2-59"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1243" VPOS="343" ID="st2-60"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1257" VPOS="343" ID="st2-61"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1271" VPOS="343" ID="st2-62"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1285" VPOS="343" ID="st2-63"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1299" VPOS="343" ID="st2-64"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1312" VPOS="343" ID="st2-65"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1326" VPOS="343" ID="st2-66"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1340" VPOS="343" ID="st2-67"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1354" VPOS="343" ID="st2-68"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1368" VPOS="343" ID="st2-69"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1382" VPOS="343" ID="st2-70"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1396" VPOS="343" ID="st2-71"/></TextLine><TextLine HPOS="1438" VPOS="343" ID="tl2-5" WIDTH="14" HEIGHT="24"><String HEIGHT="24" CONTENT="3" WIDTH="14" HPOS="1438" VPOS="343" ID="st2-72"/></TextLine><TextLine HPOS="472" VPOS="415" ID="tl2-6" WIDTH="126" HEIGHT="23"><String HEIGHT="23" CONTENT="Toralf" WIDTH="58" HPOS="472" VPOS="415" ID="st2-73"/><SP/><String HEIGHT="23" CONTENT="Pusch" WIDTH="61" HPOS="537" VPOS="415" ID="st2-74"/></TextLine><TextLine HPOS="472" VPOS="451" ID="tl2-7" WIDTH="515" HEIGHT="24"><String HEIGHT="24" CONTENT="Wage" WIDTH="67" HPOS="472" VPOS="451" ID="st2-75"/><SP/><String HEIGHT="24" CONTENT="Policy" WIDTH="68" HPOS="546" VPOS="451" ID="st2-76"/><SP/><String HEIGHT="24" CONTENT="Coordination" WIDTH="154" HPOS="621" VPOS="451" ID="st2-77"/><SP/><String HEIGHT="24" CONTENT="in" WIDTH="22" HPOS="782" VPOS="451" ID="st2-78"/><SP/><String HEIGHT="24" CONTENT="the" WIDTH="39" HPOS="811" VPOS="451" ID="st2-79"/><SP/><String HEIGHT="24" CONTENT="Eurozone" WIDTH="110" HPOS="857" VPOS="451" ID="st2-80"/><SP/><String HEIGHT="24" CONTENT="–" WIDTH="13" HPOS="974" VPOS="451" ID="st2-81"/></TextLine><TextLine HPOS="472" VPOS="488" ID="tl2-8" WIDTH="655" HEIGHT="23"><String HEIGHT="23" CONTENT="A" WIDTH="18" HPOS="472" VPOS="488" ID="st2-82"/><SP/><String HEIGHT="23" CONTENT="Robust" WIDTH="82" HPOS="497" VPOS="488" ID="st2-83"/><SP/><String HEIGHT="23" CONTENT="Concept" WIDTH="96" HPOS="586" VPOS="488" ID="st2-84"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="34" HPOS="689" VPOS="488" ID="st2-85"/><SP/><String HEIGHT="23" CONTENT="Greater" WIDTH="89" HPOS="730" VPOS="488" ID="st2-86"/><SP/><String HEIGHT="23" CONTENT="Macroeconomic" WIDTH="184" HPOS="826" VPOS="488" ID="st2-87"/><SP/><String HEIGHT="23" CONTENT="Stability" WIDTH="99" HPOS="1017" VPOS="488" ID="st2-88"/><String HEIGHT="23" CONTENT="?" WIDTH="11" HPOS="1116" VPOS="488" ID="st2-89"/></TextLine><TextLine HPOS="1132" VPOS="488" ID="tl2-9" WIDTH="271" HEIGHT="22"><String HEIGHT="22" CONTENT="." WIDTH="6" HPOS="1132" VPOS="488" ID="st2-90"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1145" VPOS="488" ID="st2-91"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1159" VPOS="488" ID="st2-92"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1173" VPOS="488" ID="st2-93"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1187" VPOS="488" ID="st2-94"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1201" VPOS="488" ID="st2-95"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1215" VPOS="488" ID="st2-96"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1229" VPOS="488" ID="st2-97"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1243" VPOS="488" ID="st2-98"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1257" VPOS="488" ID="st2-99"/><String HEIGHT="22" CONTENT="." WIDTH="6" HPOS="1271" VPOS="488" ID="st2-100"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1284" VPOS="488" ID="st2-101"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1298" VPOS="488" ID="st2-102"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1312" VPOS="488" ID="st2-103"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1326" VPOS="488" ID="st2-104"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1340" VPOS="488" ID="st2-105"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1354" VPOS="488" ID="st2-106"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1368" VPOS="488" ID="st2-107"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1382" VPOS="488" ID="st2-108"/><String HEIGHT="22" CONTENT="." WIDTH="7" HPOS="1396" VPOS="488" ID="st2-109"/></TextLine><TextLine HPOS="1438" VPOS="488" ID="tl2-10" WIDTH="14" HEIGHT="23"><String HEIGHT="23" CONTENT="4" WIDTH="14" HPOS="1438" VPOS="488" ID="st2-110"/></TextLine><TextLine HPOS="472" VPOS="560" ID="tl2-11" WIDTH="99" HEIGHT="23"><String HEIGHT="23" CONTENT="Ralf" WIDTH="40" HPOS="472" VPOS="560" ID="st2-111"/><SP/><String HEIGHT="23" CONTENT="Götz" WIDTH="52" HPOS="519" VPOS="560" ID="st2-112"/></TextLine><TextLine HPOS="472" VPOS="596" ID="tl2-12" WIDTH="803" HEIGHT="23"><String HEIGHT="23" CONTENT="Striving" WIDTH="92" HPOS="472" VPOS="596" ID="st2-113"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="34" HPOS="571" VPOS="596" ID="st2-114"/><SP/><String HEIGHT="23" CONTENT="Fair" WIDTH="43" HPOS="612" VPOS="596" ID="st2-115"/><SP/><String HEIGHT="23" CONTENT="Wealth" WIDTH="85" HPOS="662" VPOS="596" ID="st2-116"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="44" HPOS="754" VPOS="596" ID="st2-117"/><SP/><String HEIGHT="23" CONTENT="Income" WIDTH="85" HPOS="805" VPOS="596" ID="st2-118"/><SP/><String HEIGHT="23" CONTENT="Distribution" WIDTH="140" HPOS="897" VPOS="596" ID="st2-119"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="44" HPOS="1044" VPOS="596" ID="st2-120"/><String HEIGHT="23" CONTENT="»" WIDTH="13" HPOS="1095" VPOS="596" ID="st2-121"/><String HEIGHT="23" CONTENT="Decent" WIDTH="83" HPOS="1108" VPOS="596" ID="st2-122"/><SP/><String HEIGHT="23" CONTENT="Work" WIDTH="61" HPOS="1198" VPOS="596" ID="st2-123"/><String HEIGHT="23" CONTENT="«" WIDTH="16" HPOS="1259" VPOS="596" ID="st2-124"/></TextLine><TextLine HPOS="472" VPOS="632" ID="tl2-13" WIDTH="475" HEIGHT="23"><String HEIGHT="23" CONTENT="­instead" WIDTH="86" HPOS="472" VPOS="632" ID="st2-125"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="25" HPOS="565" VPOS="632" ID="st2-126"/><SP/><String HEIGHT="23" CONTENT="Promoting" WIDTH="123" HPOS="597" VPOS="632" ID="st2-127"/><SP/><String HEIGHT="23" CONTENT="Wage" WIDTH="67" HPOS="727" VPOS="632" ID="st2-128"/><SP/><String HEIGHT="23" CONTENT="Competition" WIDTH="146" HPOS="801" VPOS="632" ID="st2-129"/></TextLine><TextLine HPOS="954" VPOS="632" ID="tl2-14" WIDTH="449" HEIGHT="23"><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="954" VPOS="632" ID="st2-130"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="967" VPOS="632" ID="st2-131"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="981" VPOS="632" ID="st2-132"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="995" VPOS="632" ID="st2-133"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1009" VPOS="632" ID="st2-134"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1023" VPOS="632" ID="st2-135"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1036" VPOS="632" ID="st2-136"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1050" VPOS="632" ID="st2-137"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1064" VPOS="632" ID="st2-138"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1078" VPOS="632" ID="st2-139"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1092" VPOS="632" ID="st2-140"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="1106" VPOS="632" ID="st2-141"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1119" VPOS="632" ID="st2-142"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1133" VPOS="632" ID="st2-143"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1147" VPOS="632" ID="st2-144"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1161" VPOS="632" ID="st2-145"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1175" VPOS="632" ID="st2-146"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1188" VPOS="632" ID="st2-147"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1202" VPOS="632" ID="st2-148"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1216" VPOS="632" ID="st2-149"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1230" VPOS="632" ID="st2-150"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1244" VPOS="632" ID="st2-151"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="1258" VPOS="632" ID="st2-152"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1271" VPOS="632" ID="st2-153"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1285" VPOS="632" ID="st2-154"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1299" VPOS="632" ID="st2-155"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1313" VPOS="632" ID="st2-156"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1327" VPOS="632" ID="st2-157"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1340" VPOS="632" ID="st2-158"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1354" VPOS="632" ID="st2-159"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1368" VPOS="632" ID="st2-160"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1382" VPOS="632" ID="st2-161"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1396" VPOS="632" ID="st2-162"/></TextLine><TextLine HPOS="1424" VPOS="632" ID="tl2-15" WIDTH="28" HEIGHT="23"><String HEIGHT="23" CONTENT="10" WIDTH="28" HPOS="1424" VPOS="632" ID="st2-163"/></TextLine><TextLine HPOS="472" VPOS="704" ID="tl2-16" WIDTH="236" HEIGHT="23"><String HEIGHT="23" CONTENT="Kay" WIDTH="39" HPOS="472" VPOS="704" ID="st2-164"/><SP/><String HEIGHT="23" CONTENT="Ohl" WIDTH="37" HPOS="518" VPOS="704" ID="st2-165"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="562" VPOS="704" ID="st2-166"/><SP/><String HEIGHT="23" CONTENT="Uwe" WIDTH="49" HPOS="609" VPOS="704" ID="st2-167"/><SP/><String HEIGHT="23" CONTENT="Fink" WIDTH="43" HPOS="665" VPOS="704" ID="st2-168"/></TextLine><TextLine HPOS="472" VPOS="740" ID="tl2-17" WIDTH="842" HEIGHT="24"><String HEIGHT="24" CONTENT="Macroeconomic" WIDTH="184" HPOS="472" VPOS="740" ID="st2-169"/><SP/><String HEIGHT="24" CONTENT="Imbalances" WIDTH="131" HPOS="663" VPOS="740" ID="st2-170"/><SP/><String HEIGHT="24" CONTENT="Cannot" WIDTH="84" HPOS="801" VPOS="740" ID="st2-171"/><SP/><String HEIGHT="24" CONTENT="Be" WIDTH="30" HPOS="892" VPOS="740" ID="st2-172"/><SP/><String HEIGHT="24" CONTENT="Corrected" WIDTH="114" HPOS="928" VPOS="740" ID="st2-173"/><SP/><String HEIGHT="24" CONTENT="by" WIDTH="29" HPOS="1049" VPOS="740" ID="st2-174"/><SP/><String HEIGHT="24" CONTENT="means" WIDTH="76" HPOS="1085" VPOS="740" ID="st2-175"/><SP/><String HEIGHT="24" CONTENT="of" WIDTH="25" HPOS="1168" VPOS="740" ID="st2-176"/><SP/><String HEIGHT="24" CONTENT="Collective" WIDTH="114" HPOS="1200" VPOS="740" ID="st2-177"/></TextLine><TextLine HPOS="472" VPOS="776" ID="tl2-18" WIDTH="405" HEIGHT="24"><String HEIGHT="24" CONTENT="Bargaining" WIDTH="128" HPOS="472" VPOS="776" ID="st2-178"/><SP/><String HEIGHT="24" CONTENT="and" WIDTH="44" HPOS="607" VPOS="776" ID="st2-179"/><SP/><String HEIGHT="24" CONTENT="Wage" WIDTH="67" HPOS="658" VPOS="776" ID="st2-180"/><SP/><String HEIGHT="24" CONTENT="Policy" WIDTH="68" HPOS="732" VPOS="776" ID="st2-181"/><SP/><String HEIGHT="24" CONTENT="Alone" WIDTH="70" HPOS="807" VPOS="776" ID="st2-182"/></TextLine><TextLine HPOS="884" VPOS="776" ID="tl2-19" WIDTH="519" HEIGHT="23"><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="884" VPOS="776" ID="st2-183"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="897" VPOS="776" ID="st2-184"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="911" VPOS="776" ID="st2-185"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="925" VPOS="776" ID="st2-186"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="939" VPOS="776" ID="st2-187"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="953" VPOS="776" ID="st2-188"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="967" VPOS="776" ID="st2-189"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="980" VPOS="776" ID="st2-190"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="994" VPOS="776" ID="st2-191"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1008" VPOS="776" ID="st2-192"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1022" VPOS="776" ID="st2-193"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1036" VPOS="776" ID="st2-194"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1050" VPOS="776" ID="st2-195"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1063" VPOS="776" ID="st2-196"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1077" VPOS="776" ID="st2-197"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1091" VPOS="776" ID="st2-198"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1105" VPOS="776" ID="st2-199"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1119" VPOS="776" ID="st2-200"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1133" VPOS="776" ID="st2-201"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="1147" VPOS="776" ID="st2-202"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1160" VPOS="776" ID="st2-203"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1174" VPOS="776" ID="st2-204"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1188" VPOS="776" ID="st2-205"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1202" VPOS="776" ID="st2-206"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1216" VPOS="776" ID="st2-207"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="1230" VPOS="776" ID="st2-208"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1243" VPOS="776" ID="st2-209"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1257" VPOS="776" ID="st2-210"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1271" VPOS="776" ID="st2-211"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1285" VPOS="776" ID="st2-212"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1299" VPOS="776" ID="st2-213"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1313" VPOS="776" ID="st2-214"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1326" VPOS="776" ID="st2-215"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1340" VPOS="776" ID="st2-216"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1354" VPOS="776" ID="st2-217"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1368" VPOS="776" ID="st2-218"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1382" VPOS="776" ID="st2-219"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1396" VPOS="776" ID="st2-220"/></TextLine><TextLine HPOS="1424" VPOS="776" ID="tl2-20" WIDTH="28" HEIGHT="24"><String HEIGHT="24" CONTENT="12" WIDTH="28" HPOS="1424" VPOS="776" ID="st2-221"/></TextLine><TextLine HPOS="472" VPOS="849" ID="tl2-21" WIDTH="168" HEIGHT="23"><String HEIGHT="23" CONTENT="Gabriele" WIDTH="89" HPOS="472" VPOS="849" ID="st2-222"/><SP/><String HEIGHT="23" CONTENT="Sterkel" WIDTH="72" HPOS="568" VPOS="849" ID="st2-223"/></TextLine><TextLine HPOS="472" VPOS="885" ID="tl2-22" WIDTH="756" HEIGHT="23"><String HEIGHT="23" CONTENT="Improving" WIDTH="120" HPOS="472" VPOS="885" ID="st2-224"/><SP/><String HEIGHT="23" CONTENT="Living" WIDTH="71" HPOS="599" VPOS="885" ID="st2-225"/><SP/><String HEIGHT="23" CONTENT="Standards" WIDTH="118" HPOS="677" VPOS="885" ID="st2-226"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="44" HPOS="802" VPOS="885" ID="st2-227"/><SP/><String HEIGHT="23" CONTENT="Stemming" WIDTH="120" HPOS="853" VPOS="885" ID="st2-228"/><SP/><String HEIGHT="23" CONTENT="Economic" WIDTH="112" HPOS="979" VPOS="885" ID="st2-229"/><SP/><String HEIGHT="23" CONTENT="Imbalances" WIDTH="130" HPOS="1098" VPOS="885" ID="st2-230"/></TextLine><TextLine HPOS="1235" VPOS="885" ID="tl2-23" WIDTH="168" HEIGHT="23"><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="1235" VPOS="885" ID="st2-231"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1248" VPOS="885" ID="st2-232"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1261" VPOS="885" ID="st2-233"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1275" VPOS="885" ID="st2-234"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1288" VPOS="885" ID="st2-235"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1302" VPOS="885" ID="st2-236"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1315" VPOS="885" ID="st2-237"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="1329" VPOS="885" ID="st2-238"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1342" VPOS="885" ID="st2-239"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="1356" VPOS="885" ID="st2-240"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1369" VPOS="885" ID="st2-241"/><String HEIGHT="23" CONTENT="." WIDTH="6" HPOS="1383" VPOS="885" ID="st2-242"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1396" VPOS="885" ID="st2-243"/></TextLine><TextLine HPOS="1424" VPOS="885" ID="tl2-24" WIDTH="28" HEIGHT="23"><String HEIGHT="23" CONTENT="14" WIDTH="28" HPOS="1424" VPOS="885" ID="st2-244"/></TextLine><TextLine HPOS="818" VPOS="2254" ID="tl2-25" WIDTH="16" HEIGHT="27"><String HEIGHT="27" CONTENT="1" WIDTH="16" HPOS="818" VPOS="2254" ID="st2-245"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="3" ID="p749085" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749085" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749085" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl3-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st3-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st3-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st3-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st3-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st3-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st3-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st3-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st3-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st3-8"/></TextLine><TextLine HPOS="650" VPOS="299" ID="tl3-1" WIDTH="145" HEIGHT="33"><String HEIGHT="33" CONTENT="Foreword" WIDTH="145" HPOS="650" VPOS="299" ID="st3-9"/></TextLine><TextLine HPOS="196" VPOS="379" ID="tl3-2" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Already" WIDTH="80" HPOS="196" VPOS="379" ID="st3-10"/><SP/><String HEIGHT="23" CONTENT="during" WIDTH="70" HPOS="282" VPOS="379" ID="st3-11"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="358" VPOS="379" ID="st3-12"/><SP/><String HEIGHT="23" CONTENT="formative" WIDTH="101" HPOS="398" VPOS="379" ID="st3-13"/><SP/><String HEIGHT="23" CONTENT="phase" WIDTH="63" HPOS="505" VPOS="379" ID="st3-14"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="574" VPOS="379" ID="st3-15"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="602" VPOS="379" ID="st3-16"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="642" VPOS="379" ID="st3-17"/><SP/><String HEIGHT="23" CONTENT="Eco" WIDTH="35" HPOS="749" VPOS="379" ID="st3-18" SUBS_TYPE="HypPart1" SUBS_CONTENT="Economic"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="379" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="415" ID="tl3-3" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="nomic" WIDTH="66" HPOS="196" VPOS="415" ID="st3-19" SUBS_TYPE="HypPart2" SUBS_CONTENT="Economic"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="273" VPOS="415" ID="st3-20"/><SP/><String HEIGHT="23" CONTENT="Monetary" WIDTH="103" HPOS="324" VPOS="415" ID="st3-21"/><SP/><String HEIGHT="23" CONTENT="Union" WIDTH="64" HPOS="438" VPOS="415" ID="st3-22"/><String HEIGHT="23" CONTENT="(" WIDTH="13" HPOS="513" VPOS="415" ID="st3-23"/><String HEIGHT="23" CONTENT="EMU" WIDTH="39" HPOS="526" VPOS="415" ID="st3-24"/><String HEIGHT="23" CONTENT=")" WIDTH="13" HPOS="565" VPOS="415" ID="st3-25"/><SP/><String HEIGHT="23" CONTENT="critics" WIDTH="60" HPOS="589" VPOS="415" ID="st3-26"/><SP/><String HEIGHT="23" CONTENT="warned" WIDTH="81" HPOS="660" VPOS="415" ID="st3-27"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="752" VPOS="415" ID="st3-28"/></TextLine><TextLine HPOS="196" VPOS="451" ID="tl3-4" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="national" WIDTH="87" HPOS="196" VPOS="451" ID="st3-29"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="297" VPOS="451" ID="st3-30"/><SP/><String HEIGHT="23" CONTENT="costs" WIDTH="54" HPOS="370" VPOS="451" ID="st3-31"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="59" HPOS="438" VPOS="451" ID="st3-32"/><SP/><String HEIGHT="23" CONTENT="come" WIDTH="58" HPOS="511" VPOS="451" ID="st3-33"/><SP/><String HEIGHT="23" CONTENT="under" WIDTH="63" HPOS="583" VPOS="451" ID="st3-34"/><SP/><String HEIGHT="23" CONTENT="considerable" WIDTH="134" HPOS="661" VPOS="451" ID="st3-35"/></TextLine><TextLine HPOS="196" VPOS="488" ID="tl3-5" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="downward" WIDTH="115" HPOS="196" VPOS="488" ID="st3-36"/><SP/><String HEIGHT="22" CONTENT="pressure" WIDTH="88" HPOS="320" VPOS="488" ID="st3-37"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="416" VPOS="488" ID="st3-38"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="444" VPOS="488" ID="st3-39"/><SP/><String HEIGHT="22" CONTENT="common" WIDTH="95" HPOS="465" VPOS="488" ID="st3-40"/><SP/><String HEIGHT="22" CONTENT="monetary" WIDTH="102" HPOS="568" VPOS="488" ID="st3-41"/><SP/><String HEIGHT="22" CONTENT="area" WIDTH="46" HPOS="678" VPOS="488" ID="st3-42"/><SP/><String HEIGHT="22" CONTENT="based" WIDTH="63" HPOS="732" VPOS="488" ID="st3-43"/></TextLine><TextLine HPOS="196" VPOS="524" ID="tl3-6" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="196" VPOS="524" ID="st3-44"/><SP/><String HEIGHT="23" CONTENT="competition" WIDTH="129" HPOS="235" VPOS="524" ID="st3-45"/><SP/><String HEIGHT="23" CONTENT="principles" WIDTH="97" HPOS="375" VPOS="524" ID="st3-46"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="472" VPOS="524" ID="st3-47"/><SP/><String HEIGHT="23" CONTENT="Differing" WIDTH="93" HPOS="494" VPOS="524" ID="st3-48"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="598" VPOS="524" ID="st3-49"/><SP/><String HEIGHT="23" CONTENT="empha" WIDTH="70" HPOS="712" VPOS="524" ID="st3-50" SUBS_TYPE="HypPart1" SUBS_CONTENT="emphases"/><HYP CONTENT="-" WIDTH="13" HPOS="782" VPOS="524" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="560" ID="tl3-7" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ses" WIDTH="29" HPOS="196" VPOS="560" ID="st3-51" SUBS_TYPE="HypPart2" SUBS_CONTENT="emphases"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="225" VPOS="560" ID="st3-52"/><SP/><String HEIGHT="23" CONTENT="productivity" WIDTH="124" HPOS="241" VPOS="560" ID="st3-53"/><SP/><String HEIGHT="23" CONTENT="development" WIDTH="139" HPOS="370" VPOS="560" ID="st3-54"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="514" VPOS="560" ID="st3-55"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="560" VPOS="560" ID="st3-56"/><SP/><String HEIGHT="23" CONTENT="negotiation" WIDTH="122" HPOS="623" VPOS="560" ID="st3-57"/><SP/><String HEIGHT="23" CONTENT="out" WIDTH="33" HPOS="751" VPOS="560" ID="st3-58" SUBS_TYPE="HypPart1" SUBS_CONTENT="outcomes"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="560" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="596" ID="tl3-8" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="comes" WIDTH="68" HPOS="196" VPOS="596" ID="st3-59" SUBS_TYPE="HypPart2" SUBS_CONTENT="outcomes"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="273" VPOS="596" ID="st3-60"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="302" VPOS="596" ID="st3-61"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="412" VPOS="596" ID="st3-62"/><SP/><String HEIGHT="23" CONTENT="economies" WIDTH="114" HPOS="507" VPOS="596" ID="st3-63"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="630" VPOS="596" ID="st3-64"/><SP/><String HEIGHT="23" CONTENT="combined" WIDTH="106" HPOS="689" VPOS="596" ID="st3-65"/></TextLine><TextLine HPOS="196" VPOS="632" ID="tl3-9" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="196" VPOS="632" ID="st3-66"/><SP/><String HEIGHT="23" CONTENT="bring" WIDTH="55" HPOS="228" VPOS="632" ID="st3-67"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="292" VPOS="632" ID="st3-68"/><SP/><String HEIGHT="23" CONTENT="about" WIDTH="63" HPOS="315" VPOS="632" ID="st3-69"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="387" VPOS="632" ID="st3-70"/><SP/><String HEIGHT="23" CONTENT="real" WIDTH="38" HPOS="439" VPOS="632" ID="st3-71"/><SP/><String HEIGHT="23" CONTENT="unit" WIDTH="42" HPOS="486" VPOS="632" ID="st3-72"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="537" VPOS="632" ID="st3-73"/><SP/><String HEIGHT="23" CONTENT="costs" WIDTH="53" HPOS="604" VPOS="632" ID="st3-74"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="666" VPOS="632" ID="st3-75"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="695" VPOS="632" ID="st3-76"/><SP/><String HEIGHT="23" CONTENT="Euro" WIDTH="46" HPOS="738" VPOS="632" ID="st3-77" SUBS_TYPE="HypPart1" SUBS_CONTENT="European"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="632" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="668" ID="tl3-10" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="pean" WIDTH="53" HPOS="196" VPOS="668" ID="st3-78" SUBS_TYPE="HypPart2" SUBS_CONTENT="European"/><SP/><String HEIGHT="23" CONTENT="Union" WIDTH="64" HPOS="260" VPOS="668" ID="st3-79"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="335" VPOS="668" ID="st3-80"/><String HEIGHT="23" CONTENT="EU" WIDTH="22" HPOS="345" VPOS="668" ID="st3-81"/><String HEIGHT="23" CONTENT=")" WIDTH="11" HPOS="367" VPOS="668" ID="st3-82"/><SP/><String HEIGHT="23" CONTENT="diverge" WIDTH="77" HPOS="390" VPOS="668" ID="st3-83"/><SP/><String HEIGHT="23" CONTENT="considerably" WIDTH="132" HPOS="478" VPOS="668" ID="st3-84"/><SP/><String HEIGHT="23" CONTENT="today" WIDTH="53" HPOS="622" VPOS="668" ID="st3-85"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="675" VPOS="668" ID="st3-86"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="697" VPOS="668" ID="st3-87"/></TextLine><TextLine HPOS="196" VPOS="704" ID="tl3-11" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="196" VPOS="704" ID="st3-88"/><SP/><String HEIGHT="23" CONTENT="played" WIDTH="70" HPOS="240" VPOS="704" ID="st3-89"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="317" VPOS="704" ID="st3-90"/><SP/><String HEIGHT="23" CONTENT="particular" WIDTH="100" HPOS="338" VPOS="704" ID="st3-91"/><SP/><String HEIGHT="23" CONTENT="role" WIDTH="40" HPOS="445" VPOS="704" ID="st3-92"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="493" VPOS="704" ID="st3-93"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="35" HPOS="520" VPOS="704" ID="st3-94"/><String HEIGHT="23" CONTENT=":" WIDTH="9" HPOS="555" VPOS="704" ID="st3-95"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="572" VPOS="704" ID="st3-96"/><SP/><String HEIGHT="23" CONTENT="some" WIDTH="57" HPOS="610" VPOS="704" ID="st3-97"/><SP/><String HEIGHT="23" CONTENT="time" WIDTH="43" HPOS="675" VPOS="704" ID="st3-98"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="718" VPOS="704" ID="st3-99"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="737" VPOS="704" ID="st3-100"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="759" VPOS="704" ID="st3-101"/></TextLine><TextLine HPOS="196" VPOS="740" ID="tl3-12" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="196" VPOS="740" ID="st3-102"/><SP/><String HEIGHT="23" CONTENT="characterised" WIDTH="140" HPOS="255" VPOS="740" ID="st3-103"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="401" VPOS="740" ID="st3-104"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="432" VPOS="740" ID="st3-105"/><SP/><String HEIGHT="23" CONTENT="marked" WIDTH="80" HPOS="451" VPOS="740" ID="st3-106"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="537" VPOS="740" ID="st3-107"/><SP/><String HEIGHT="23" CONTENT="moderation" WIDTH="124" HPOS="601" VPOS="740" ID="st3-108"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="731" VPOS="740" ID="st3-109"/></TextLine><TextLine HPOS="196" VPOS="776" ID="tl3-13" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="goes" WIDTH="50" HPOS="196" VPOS="776" ID="st3-110"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="255" VPOS="776" ID="st3-111"/><SP/><String HEIGHT="23" CONTENT="long" WIDTH="47" HPOS="276" VPOS="776" ID="st3-112"/><SP/><String HEIGHT="23" CONTENT="way" WIDTH="43" HPOS="332" VPOS="776" ID="st3-113"/><SP/><String HEIGHT="23" CONTENT="towards" WIDTH="86" HPOS="383" VPOS="776" ID="st3-114"/><SP/><String HEIGHT="23" CONTENT="explaining" WIDTH="109" HPOS="477" VPOS="776" ID="st3-115"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="594" VPOS="776" ID="st3-116"/><SP/><String HEIGHT="23" CONTENT="country" WIDTH="73" HPOS="638" VPOS="776" ID="st3-117"/><String HEIGHT="23" CONTENT="’" WIDTH="10" HPOS="711" VPOS="776" ID="st3-118"/><String HEIGHT="23" CONTENT="s" WIDTH="11" HPOS="721" VPOS="776" ID="st3-119"/><SP/><String HEIGHT="23" CONTENT="com" WIDTH="41" HPOS="741" VPOS="776" ID="st3-120" SUBS_TYPE="HypPart1" SUBS_CONTENT="competitive"/><HYP CONTENT="-" WIDTH="13" HPOS="782" VPOS="776" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="813" ID="tl3-14" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="petitive" WIDTH="78" HPOS="196" VPOS="813" ID="st3-121" SUBS_TYPE="HypPart2" SUBS_CONTENT="competitive"/><SP/><String HEIGHT="22" CONTENT="gains" WIDTH="56" HPOS="284" VPOS="813" ID="st3-122"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="41" HPOS="349" VPOS="813" ID="st3-123"/><SP/><String HEIGHT="22" CONTENT="export" WIDTH="68" HPOS="400" VPOS="813" ID="st3-124"/><SP/><String HEIGHT="22" CONTENT="surpluses" WIDTH="93" HPOS="478" VPOS="813" ID="st3-125"/><String HEIGHT="22" CONTENT="." WIDTH="11" HPOS="571" VPOS="813" ID="st3-126"/><SP/><String HEIGHT="22" CONTENT="What" WIDTH="58" HPOS="592" VPOS="813" ID="st3-127"/><SP/><String HEIGHT="22" CONTENT="benefits" WIDTH="85" HPOS="660" VPOS="813" ID="st3-128"/><SP/><String HEIGHT="22" CONTENT="one" WIDTH="41" HPOS="754" VPOS="813" ID="st3-129"/></TextLine><TextLine HPOS="196" VPOS="849" ID="tl3-15" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="country" WIDTH="81" HPOS="196" VPOS="849" ID="st3-130"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="285" VPOS="849" ID="st3-131"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="313" VPOS="849" ID="st3-132"/><SP/><String HEIGHT="23" CONTENT="common" WIDTH="94" HPOS="334" VPOS="849" ID="st3-133"/><SP/><String HEIGHT="23" CONTENT="area" WIDTH="45" HPOS="437" VPOS="849" ID="st3-134"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="490" VPOS="849" ID="st3-135"/><SP/><String HEIGHT="23" CONTENT="integration" WIDTH="112" HPOS="521" VPOS="849" ID="st3-136"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="633" VPOS="849" ID="st3-137"/><SP/><String HEIGHT="23" CONTENT="however" WIDTH="84" HPOS="653" VPOS="849" ID="st3-138"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="737" VPOS="849" ID="st3-139"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="757" VPOS="849" ID="st3-140"/></TextLine><TextLine HPOS="196" VPOS="885" ID="tl3-16" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="harm" WIDTH="56" HPOS="196" VPOS="885" ID="st3-141"/><SP/><String HEIGHT="23" CONTENT="another" WIDTH="77" HPOS="258" VPOS="885" ID="st3-142"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="335" VPOS="885" ID="st3-143"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="352" VPOS="885" ID="st3-144"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="37" HPOS="422" VPOS="885" ID="st3-145"/><SP/><String HEIGHT="23" CONTENT="easily" WIDTH="57" HPOS="465" VPOS="885" ID="st3-146"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="528" VPOS="885" ID="st3-147"/><SP/><String HEIGHT="23" CONTENT="seen" WIDTH="49" HPOS="560" VPOS="885" ID="st3-148"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="615" VPOS="885" ID="st3-149"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="640" VPOS="885" ID="st3-150"/><SP/><String HEIGHT="23" CONTENT="substantial" WIDTH="114" HPOS="681" VPOS="885" ID="st3-151"/></TextLine><TextLine HPOS="196" VPOS="921" ID="tl3-17" WIDTH="300" HEIGHT="23"><String HEIGHT="23" CONTENT="current" WIDTH="76" HPOS="196" VPOS="921" ID="st3-152"/><SP/><String HEIGHT="23" CONTENT="account" WIDTH="85" HPOS="279" VPOS="921" ID="st3-153"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="113" HPOS="371" VPOS="921" ID="st3-154"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="484" VPOS="921" ID="st3-155"/></TextLine><TextLine HPOS="196" VPOS="993" ID="tl3-18" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="196" VPOS="993" ID="st3-156"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="222" VPOS="993" ID="st3-157"/><SP/><String HEIGHT="23" CONTENT="EMU" WIDTH="52" HPOS="263" VPOS="993" ID="st3-158"/><SP/><String HEIGHT="23" CONTENT="crisis" WIDTH="48" HPOS="321" VPOS="993" ID="st3-159"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="369" VPOS="993" ID="st3-160"/><SP/><String HEIGHT="23" CONTENT="awareness" WIDTH="111" HPOS="384" VPOS="993" ID="st3-161"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="501" VPOS="993" ID="st3-162"/><SP/><String HEIGHT="23" CONTENT="increasing" WIDTH="106" HPOS="523" VPOS="993" ID="st3-163"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="636" VPOS="993" ID="st3-164"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="664" VPOS="993" ID="st3-165"/><SP/><String HEIGHT="23" CONTENT="need" WIDTH="53" HPOS="705" VPOS="993" ID="st3-166"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="764" VPOS="993" ID="st3-167"/></TextLine><TextLine HPOS="196" VPOS="1029" ID="tl3-19" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="closer" WIDTH="61" HPOS="196" VPOS="1029" ID="st3-168"/><SP/><String HEIGHT="23" CONTENT="political" WIDTH="81" HPOS="265" VPOS="1029" ID="st3-169"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="135" HPOS="353" VPOS="1029" ID="st3-170"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="495" VPOS="1029" ID="st3-171"/><SP/><String HEIGHT="23" CONTENT="various" WIDTH="75" HPOS="524" VPOS="1029" ID="st3-172"/><SP/><String HEIGHT="23" CONTENT="policies" WIDTH="78" HPOS="606" VPOS="1029" ID="st3-173"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="691" VPOS="1029" ID="st3-174"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="762" VPOS="1029" ID="st3-175"/></TextLine><TextLine HPOS="196" VPOS="1065" ID="tl3-20" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="still" WIDTH="35" HPOS="196" VPOS="1065" ID="st3-176"/><SP/><String HEIGHT="23" CONTENT="within" WIDTH="67" HPOS="236" VPOS="1065" ID="st3-177"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="308" VPOS="1065" ID="st3-178"/><SP/><String HEIGHT="23" CONTENT="competence" WIDTH="130" HPOS="348" VPOS="1065" ID="st3-179"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="483" VPOS="1065" ID="st3-180"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="511" VPOS="1065" ID="st3-181"/><SP/><String HEIGHT="23" CONTENT="governments" WIDTH="133" HPOS="602" VPOS="1065" ID="st3-182"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="735" VPOS="1065" ID="st3-183"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="753" VPOS="1065" ID="st3-184"/></TextLine><TextLine HPOS="196" VPOS="1101" ID="tl3-21" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="includes" WIDTH="86" HPOS="196" VPOS="1101" ID="st3-185"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="291" VPOS="1101" ID="st3-186"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="357" VPOS="1101" ID="st3-187"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="406" VPOS="1101" ID="st3-188"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="511" VPOS="1101" ID="st3-189"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="633" VPOS="1101" ID="st3-190"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="775" VPOS="1101" ID="st3-191"/></TextLine><TextLine HPOS="196" VPOS="1138" ID="tl3-22" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="Europe" WIDTH="70" HPOS="196" VPOS="1138" ID="st3-192"/><String HEIGHT="22" CONTENT="." WIDTH="12" HPOS="266" VPOS="1138" ID="st3-193"/><SP/><String HEIGHT="22" CONTENT="Since" WIDTH="55" HPOS="289" VPOS="1138" ID="st3-194"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="355" VPOS="1138" ID="st3-195"/><SP/><String HEIGHT="22" CONTENT="end" WIDTH="40" HPOS="400" VPOS="1138" ID="st3-196"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="22" HPOS="451" VPOS="1138" ID="st3-197"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="484" VPOS="1138" ID="st3-198"/><SP/><String HEIGHT="22" CONTENT="1990s" WIDTH="60" HPOS="529" VPOS="1138" ID="st3-199"/><String HEIGHT="22" CONTENT="," WIDTH="13" HPOS="589" VPOS="1138" ID="st3-200"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="612" VPOS="1138" ID="st3-201"/><SP/><String HEIGHT="22" CONTENT="trade" WIDTH="55" HPOS="658" VPOS="1138" ID="st3-202"/><SP/><String HEIGHT="22" CONTENT="unions" WIDTH="71" HPOS="724" VPOS="1138" ID="st3-203"/></TextLine><TextLine HPOS="196" VPOS="1174" ID="tl3-23" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="196" VPOS="1174" ID="st3-204"/><SP/><String HEIGHT="23" CONTENT="launched" WIDTH="97" HPOS="254" VPOS="1174" ID="st3-205"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="359" VPOS="1174" ID="st3-206"/><SP/><String HEIGHT="23" CONTENT="number" WIDTH="83" HPOS="380" VPOS="1174" ID="st3-207"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="471" VPOS="1174" ID="st3-208"/><SP/><String HEIGHT="23" CONTENT="initiatives" WIDTH="99" HPOS="501" VPOS="1174" ID="st3-209"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="607" VPOS="1174" ID="st3-210"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="637" VPOS="1174" ID="st3-211"/><SP/><String HEIGHT="23" CONTENT="end" WIDTH="40" HPOS="683" VPOS="1174" ID="st3-212"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="731" VPOS="1174" ID="st3-213"/></TextLine><TextLine HPOS="196" VPOS="1210" ID="tl3-24" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="were" WIDTH="53" HPOS="196" VPOS="1210" ID="st3-214"/><SP/><String HEIGHT="23" CONTENT="supposed" WIDTH="101" HPOS="255" VPOS="1210" ID="st3-215"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="362" VPOS="1210" ID="st3-216"/><SP/><String HEIGHT="23" CONTENT="follow" WIDTH="62" HPOS="390" VPOS="1210" ID="st3-217"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="452" VPOS="1210" ID="st3-218"/><SP/><String HEIGHT="23" CONTENT="more" WIDTH="55" HPOS="469" VPOS="1210" ID="st3-219"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="22" HPOS="530" VPOS="1210" ID="st3-220"/><SP/><String HEIGHT="23" CONTENT="less" WIDTH="36" HPOS="558" VPOS="1210" ID="st3-221"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="594" VPOS="1210" ID="st3-222"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="609" VPOS="1210" ID="st3-223"/><SP/><String HEIGHT="23" CONTENT="rule" WIDTH="41" HPOS="649" VPOS="1210" ID="st3-224"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="696" VPOS="1210" ID="st3-225"/><SP/><String HEIGHT="23" CONTENT="thumb" WIDTH="71" HPOS="724" VPOS="1210" ID="st3-226"/></TextLine><TextLine HPOS="196" VPOS="1246" ID="tl3-25" WIDTH="555" HEIGHT="23"><String HEIGHT="23" CONTENT="»" WIDTH="10" HPOS="196" VPOS="1246" ID="st3-227"/><String HEIGHT="23" CONTENT="productivity" WIDTH="129" HPOS="206" VPOS="1246" ID="st3-228"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="85" HPOS="342" VPOS="1246" ID="st3-229"/><SP/><String HEIGHT="23" CONTENT="plus" WIDTH="43" HPOS="434" VPOS="1246" ID="st3-230"/><SP/><String HEIGHT="23" CONTENT="inflationary" WIDTH="120" HPOS="484" VPOS="1246" ID="st3-231"/><SP/><String HEIGHT="23" CONTENT="adjustment" WIDTH="116" HPOS="611" VPOS="1246" ID="st3-232"/><String HEIGHT="23" CONTENT="«" WIDTH="12" HPOS="727" VPOS="1246" ID="st3-233"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="739" VPOS="1246" ID="st3-234"/></TextLine><TextLine HPOS="196" VPOS="1318" ID="tl3-26" WIDTH="218" HEIGHT="23"><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="196" VPOS="1318" ID="st3-235"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="225" VPOS="1318" ID="st3-236"/><SP/><String HEIGHT="23" CONTENT="present" WIDTH="79" HPOS="269" VPOS="1318" ID="st3-237"/><SP/><String HEIGHT="23" CONTENT="study" WIDTH="57" HPOS="357" VPOS="1318" ID="st3-238"/></TextLine><TextLine HPOS="423" VPOS="1318" ID="tl3-27" WIDTH="142" HEIGHT="24"><String HEIGHT="24" CONTENT="Toralf" WIDTH="66" HPOS="423" VPOS="1318" ID="st3-239"/><SP/><String HEIGHT="24" CONTENT="Pusch" WIDTH="66" HPOS="499" VPOS="1318" ID="st3-240"/></TextLine><TextLine HPOS="574" VPOS="1318" ID="tl3-28" WIDTH="221" HEIGHT="23"><String HEIGHT="23" CONTENT="takes" WIDTH="56" HPOS="574" VPOS="1318" ID="st3-241"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="639" VPOS="1318" ID="st3-242"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="670" VPOS="1318" ID="st3-243"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="89" HPOS="706" VPOS="1318" ID="st3-244"/></TextLine><TextLine HPOS="196" VPOS="1354" ID="tl3-29" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="1354" ID="st3-245"/><SP/><String HEIGHT="23" CONTENT="effects" WIDTH="70" HPOS="240" VPOS="1354" ID="st3-246"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="320" VPOS="1354" ID="st3-247"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="351" VPOS="1354" ID="st3-248"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="372" VPOS="1354" ID="st3-249"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="437" VPOS="1354" ID="st3-250"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="507" VPOS="1354" ID="st3-251"/><SP/><String HEIGHT="23" CONTENT="negotiation" WIDTH="122" HPOS="575" VPOS="1354" ID="st3-252"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="706" VPOS="1354" ID="st3-253"/></TextLine><TextLine HPOS="196" VPOS="1390" ID="tl3-30" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="196" VPOS="1390" ID="st3-254"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="226" VPOS="1390" ID="st3-255"/><SP/><String HEIGHT="23" CONTENT="metalworkers" WIDTH="140" HPOS="268" VPOS="1390" ID="st3-256"/><String HEIGHT="23" CONTENT="’" WIDTH="12" HPOS="408" VPOS="1390" ID="st3-257"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="427" VPOS="1390" ID="st3-258"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="70" HPOS="491" VPOS="1390" ID="st3-259"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="569" VPOS="1390" ID="st3-260"/><SP/><String HEIGHT="23" CONTENT="North" WIDTH="61" HPOS="596" VPOS="1390" ID="st3-261"/><SP/><String HEIGHT="23" CONTENT="Rhine" WIDTH="59" HPOS="665" VPOS="1390" ID="st3-262"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="724" VPOS="1390" ID="st3-263"/><String HEIGHT="23" CONTENT="West" WIDTH="48" HPOS="735" VPOS="1390" ID="st3-264" SUBS_TYPE="HypPart1" SUBS_CONTENT="Westphalia"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1390" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1426" ID="tl3-31" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="phalia" WIDTH="60" HPOS="196" VPOS="1426" ID="st3-265" SUBS_TYPE="HypPart2" SUBS_CONTENT="Westphalia"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="256" VPOS="1426" ID="st3-266"/><SP/><String HEIGHT="23" CONTENT="Belgium" WIDTH="86" HPOS="272" VPOS="1426" ID="st3-267"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="363" VPOS="1426" ID="st3-268"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="408" VPOS="1426" ID="st3-269"/><SP/><String HEIGHT="23" CONTENT="Netherlands" WIDTH="122" HPOS="448" VPOS="1426" ID="st3-270"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="570" VPOS="1426" ID="st3-271"/><SP/><String HEIGHT="23" CONTENT="For" WIDTH="33" HPOS="588" VPOS="1426" ID="st3-272"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="626" VPOS="1426" ID="st3-273"/><SP/><String HEIGHT="23" CONTENT="period" WIDTH="68" HPOS="666" VPOS="1426" ID="st3-274"/><SP/><String HEIGHT="23" CONTENT="1999" WIDTH="55" HPOS="739" VPOS="1426" ID="st3-275"/></TextLine><TextLine HPOS="196" VPOS="1463" ID="tl3-32" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="to" WIDTH="23" HPOS="196" VPOS="1463" ID="st3-276"/><SP/><String HEIGHT="22" CONTENT="2008" WIDTH="56" HPOS="225" VPOS="1463" ID="st3-277"/><SP/><String HEIGHT="22" CONTENT="he" WIDTH="27" HPOS="287" VPOS="1463" ID="st3-278"/><SP/><String HEIGHT="22" CONTENT="identifies" WIDTH="96" HPOS="320" VPOS="1463" ID="st3-279"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="12" HPOS="423" VPOS="1463" ID="st3-280"/><SP/><String HEIGHT="22" CONTENT="largely" WIDTH="69" HPOS="442" VPOS="1463" ID="st3-281"/><SP/><String HEIGHT="22" CONTENT="positive" WIDTH="80" HPOS="518" VPOS="1463" ID="st3-282"/><SP/><String HEIGHT="22" CONTENT="development" WIDTH="139" HPOS="605" VPOS="1463" ID="st3-283"/><SP/><String HEIGHT="22" CONTENT="aris" WIDTH="36" HPOS="750" VPOS="1463" ID="st3-284" SUBS_TYPE="HypPart1" SUBS_CONTENT="arising"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1463" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="1499" ID="tl3-33" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ing" WIDTH="34" HPOS="196" VPOS="1499" ID="st3-285" SUBS_TYPE="HypPart2" SUBS_CONTENT="arising"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="237" VPOS="1499" ID="st3-286"/><SP/><String HEIGHT="23" CONTENT="fitting" WIDTH="64" HPOS="296" VPOS="1499" ID="st3-287"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="368" VPOS="1499" ID="st3-288"/><SP/><String HEIGHT="23" CONTENT="agreements" WIDTH="125" HPOS="434" VPOS="1499" ID="st3-289"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="566" VPOS="1499" ID="st3-290"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="596" VPOS="1499" ID="st3-291"/><SP/><String HEIGHT="23" CONTENT="prevailing" WIDTH="102" HPOS="639" VPOS="1499" ID="st3-292"/><SP/><String HEIGHT="23" CONTENT="pos" WIDTH="35" HPOS="749" VPOS="1499" ID="st3-293" SUBS_TYPE="HypPart1" SUBS_CONTENT="possibilities"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1499" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1535" ID="tl3-34" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="sibilities" WIDTH="82" HPOS="196" VPOS="1535" ID="st3-294" SUBS_TYPE="HypPart2" SUBS_CONTENT="possibilities"/><String HEIGHT="23" CONTENT="(" WIDTH="11" HPOS="288" VPOS="1535" ID="st3-295"/><String HEIGHT="23" CONTENT="»" WIDTH="12" HPOS="299" VPOS="1535" ID="st3-296"/><String HEIGHT="23" CONTENT="scope" WIDTH="59" HPOS="311" VPOS="1535" ID="st3-297"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="379" VPOS="1535" ID="st3-298"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="119" HPOS="419" VPOS="1535" ID="st3-299"/><String HEIGHT="23" CONTENT="«" WIDTH="10" HPOS="538" VPOS="1535" ID="st3-300"/><String HEIGHT="23" CONTENT=")" WIDTH="10" HPOS="548" VPOS="1535" ID="st3-301"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="558" VPOS="1535" ID="st3-302"/><SP/><String HEIGHT="23" CONTENT="According" WIDTH="107" HPOS="578" VPOS="1535" ID="st3-303"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="695" VPOS="1535" ID="st3-304"/><SP/><String HEIGHT="23" CONTENT="Pusch" WIDTH="56" HPOS="727" VPOS="1535" ID="st3-305"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="783" VPOS="1535" ID="st3-306"/></TextLine><TextLine HPOS="196" VPOS="1571" ID="tl3-35" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="1571" ID="st3-307"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="237" VPOS="1571" ID="st3-308"/><SP/><String HEIGHT="23" CONTENT="negotiation" WIDTH="122" HPOS="302" VPOS="1571" ID="st3-309"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="430" VPOS="1571" ID="st3-310"/><SP/><String HEIGHT="23" CONTENT="analysed" WIDTH="92" HPOS="525" VPOS="1571" ID="st3-311"/><SP/><String HEIGHT="23" CONTENT="here" WIDTH="47" HPOS="623" VPOS="1571" ID="st3-312"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="58" HPOS="676" VPOS="1571" ID="st3-313"/><SP/><String HEIGHT="23" CONTENT="serve" WIDTH="54" HPOS="741" VPOS="1571" ID="st3-314"/></TextLine><TextLine HPOS="196" VPOS="1607" ID="tl3-36" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="196" VPOS="1607" ID="st3-315"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="226" VPOS="1607" ID="st3-316"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="89" HPOS="259" VPOS="1607" ID="st3-317"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="355" VPOS="1607" ID="st3-318"/><SP/><String HEIGHT="23" CONTENT="limiting" WIDTH="79" HPOS="392" VPOS="1607" ID="st3-319"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="478" VPOS="1607" ID="st3-320"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="62" HPOS="543" VPOS="1607" ID="st3-321"/><SP/><String HEIGHT="23" CONTENT="divergence" WIDTH="116" HPOS="611" VPOS="1607" ID="st3-322"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="734" VPOS="1607" ID="st3-323"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="760" VPOS="1607" ID="st3-324"/></TextLine><TextLine HPOS="196" VPOS="1643" ID="tl3-37" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Eurozone" WIDTH="94" HPOS="196" VPOS="1643" ID="st3-325"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="290" VPOS="1643" ID="st3-326"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="308" VPOS="1643" ID="st3-327"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="56" HPOS="333" VPOS="1643" ID="st3-328"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="394" VPOS="1643" ID="st3-329"/><SP/><String HEIGHT="23" CONTENT="foster" WIDTH="61" HPOS="422" VPOS="1643" ID="st3-330"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="488" VPOS="1643" ID="st3-331"/><SP/><String HEIGHT="23" CONTENT="balanced" WIDTH="95" HPOS="506" VPOS="1643" ID="st3-332"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="52" HPOS="606" VPOS="1643" ID="st3-333"/><SP/><String HEIGHT="23" CONTENT="competitive" WIDTH="121" HPOS="663" VPOS="1643" ID="st3-334" SUBS_TYPE="HypPart1" SUBS_CONTENT="competitiveness"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1643" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1679" ID="tl3-38" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ness" WIDTH="46" HPOS="196" VPOS="1679" ID="st3-335" SUBS_TYPE="HypPart2" SUBS_CONTENT="competitiveness"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="249" VPOS="1679" ID="st3-336"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="276" VPOS="1679" ID="st3-337"/><SP/><String HEIGHT="23" CONTENT="member" WIDTH="89" HPOS="317" VPOS="1679" ID="st3-338"/><SP/><String HEIGHT="23" CONTENT="states" WIDTH="61" HPOS="413" VPOS="1679" ID="st3-339"/><SP/><String HEIGHT="23" CONTENT="he" WIDTH="27" HPOS="481" VPOS="1679" ID="st3-340"/><SP/><String HEIGHT="23" CONTENT="proposes" WIDTH="90" HPOS="515" VPOS="1679" ID="st3-341"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="605" VPOS="1679" ID="st3-342"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="624" VPOS="1679" ID="st3-343"/><SP/><String HEIGHT="23" CONTENT="addition" WIDTH="84" HPOS="650" VPOS="1679" ID="st3-344"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="734" VPOS="1679" ID="st3-345"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="752" VPOS="1679" ID="st3-346"/></TextLine><TextLine HPOS="196" VPOS="1715" ID="tl3-39" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="196" VPOS="1715" ID="st3-347"/><SP/><String HEIGHT="23" CONTENT="uniform" WIDTH="85" HPOS="215" VPOS="1715" ID="st3-348"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="307" VPOS="1715" ID="st3-349"/><SP/><String HEIGHT="23" CONTENT="indicator" WIDTH="93" HPOS="414" VPOS="1715" ID="st3-350"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="514" VPOS="1715" ID="st3-351"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="52" HPOS="542" VPOS="1715" ID="st3-352"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="96" HPOS="600" VPOS="1715" ID="st3-353"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="702" VPOS="1715" ID="st3-354"/><SP/><String HEIGHT="23" CONTENT="taken" WIDTH="60" HPOS="735" VPOS="1715" ID="st3-355"/></TextLine><TextLine HPOS="196" VPOS="1751" ID="tl3-40" WIDTH="448" HEIGHT="23"><String HEIGHT="23" CONTENT="into" WIDTH="42" HPOS="196" VPOS="1751" ID="st3-356"/><SP/><String HEIGHT="23" CONTENT="consideration" WIDTH="143" HPOS="245" VPOS="1751" ID="st3-357"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="395" VPOS="1751" ID="st3-358"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="421" VPOS="1751" ID="st3-359"/><SP/><String HEIGHT="23" CONTENT="determination" WIDTH="145" HPOS="487" VPOS="1751" ID="st3-360"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="632" VPOS="1751" ID="st3-361"/></TextLine><TextLine HPOS="196" VPOS="1824" ID="tl3-41" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="196" VPOS="1824" ID="st3-362"/><SP/><String HEIGHT="23" CONTENT="commentaries" WIDTH="150" HPOS="246" VPOS="1824" ID="st3-363"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="407" VPOS="1824" ID="st3-364"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="443" VPOS="1824" ID="st3-365"/><SP/><String HEIGHT="23" CONTENT="unionists" WIDTH="95" HPOS="510" VPOS="1824" ID="st3-366"/><SP/><String HEIGHT="23" CONTENT="reproduced" WIDTH="121" HPOS="616" VPOS="1824" ID="st3-367"/><SP/><String HEIGHT="23" CONTENT="here" WIDTH="47" HPOS="748" VPOS="1824" ID="st3-368"/></TextLine><TextLine HPOS="196" VPOS="1860" ID="tl3-42" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="share" WIDTH="57" HPOS="196" VPOS="1860" ID="st3-369"/><SP/><String HEIGHT="23" CONTENT="Pusch" WIDTH="53" HPOS="261" VPOS="1860" ID="st3-370"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="314" VPOS="1860" ID="st3-371"/><String HEIGHT="23" CONTENT="s" WIDTH="11" HPOS="325" VPOS="1860" ID="st3-372"/><SP/><String HEIGHT="23" CONTENT="view" WIDTH="48" HPOS="345" VPOS="1860" ID="st3-373"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="402" VPOS="1860" ID="st3-374"/><SP/><String HEIGHT="23" CONTENT="efforts" WIDTH="69" HPOS="453" VPOS="1860" ID="st3-375"/><SP/><String HEIGHT="23" CONTENT="towards" WIDTH="86" HPOS="531" VPOS="1860" ID="st3-376"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="625" VPOS="1860" ID="st3-377"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="692" VPOS="1860" ID="st3-378"/><SP/><String HEIGHT="23" CONTENT="co" WIDTH="23" HPOS="761" VPOS="1860" ID="st3-379" SUBS_TYPE="HypPart1" SUBS_CONTENT="coordination"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1860" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1896" ID="tl3-43" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ordination" WIDTH="110" HPOS="196" VPOS="1896" ID="st3-380" SUBS_TYPE="HypPart2" SUBS_CONTENT="coordination"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="315" VPOS="1896" ID="st3-381"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="74" HPOS="344" VPOS="1896" ID="st3-382"/><SP/><String HEIGHT="23" CONTENT="need" WIDTH="53" HPOS="428" VPOS="1896" ID="st3-383"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="490" VPOS="1896" ID="st3-384"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="522" VPOS="1896" ID="st3-385"/><SP/><String HEIGHT="23" CONTENT="stepped" WIDTH="85" HPOS="557" VPOS="1896" ID="st3-386"/><SP/><String HEIGHT="23" CONTENT="up" WIDTH="23" HPOS="651" VPOS="1896" ID="st3-387"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="674" VPOS="1896" ID="st3-388"/><SP/><String HEIGHT="23" CONTENT="However" WIDTH="86" HPOS="696" VPOS="1896" ID="st3-389"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="782" VPOS="1896" ID="st3-390"/></TextLine><TextLine HPOS="196" VPOS="1932" ID="tl3-44" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="1932" ID="st3-391"/><SP/><String HEIGHT="23" CONTENT="proposition" WIDTH="121" HPOS="242" VPOS="1932" ID="st3-392"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="374" VPOS="1932" ID="st3-393"/><SP/><String HEIGHT="23" CONTENT="there" WIDTH="56" HPOS="428" VPOS="1932" ID="st3-394"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="495" VPOS="1932" ID="st3-395"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="577" VPOS="1932" ID="st3-396"/><SP/><String HEIGHT="23" CONTENT="more" WIDTH="55" HPOS="615" VPOS="1932" ID="st3-397"/><SP/><String HEIGHT="23" CONTENT="centralised" WIDTH="114" HPOS="681" VPOS="1932" ID="st3-398"/></TextLine><TextLine HPOS="196" VPOS="1968" ID="tl3-45" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="control" WIDTH="75" HPOS="196" VPOS="1968" ID="st3-399"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="280" VPOS="1968" ID="st3-400"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="312" VPOS="1968" ID="st3-401"/><SP/><String HEIGHT="23" CONTENT="policies" WIDTH="78" HPOS="380" VPOS="1968" ID="st3-402"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="467" VPOS="1968" ID="st3-403"/><SP/><String HEIGHT="23" CONTENT="how" WIDTH="47" HPOS="517" VPOS="1968" ID="st3-404"/><SP/><String HEIGHT="23" CONTENT="they" WIDTH="46" HPOS="573" VPOS="1968" ID="st3-405"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="70" HPOS="629" VPOS="1968" ID="st3-406"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="709" VPOS="1968" ID="st3-407"/><SP/><String HEIGHT="23" CONTENT="used" WIDTH="50" HPOS="745" VPOS="1968" ID="st3-408"/></TextLine><TextLine HPOS="196" VPOS="2004" ID="tl3-46" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="196" VPOS="2004" ID="st3-409"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="226" VPOS="2004" ID="st3-410"/><SP/><String HEIGHT="23" CONTENT="instrument" WIDTH="115" HPOS="261" VPOS="2004" ID="st3-411"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="384" VPOS="2004" ID="st3-412"/><SP/><String HEIGHT="23" CONTENT="stem" WIDTH="51" HPOS="414" VPOS="2004" ID="st3-413"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="473" VPOS="2004" ID="st3-414"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="119" HPOS="649" VPOS="2004" ID="st3-415"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="775" VPOS="2004" ID="st3-416"/></TextLine><TextLine HPOS="196" VPOS="2040" ID="tl3-47" WIDTH="448" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="2040" ID="st3-417"/><SP/><String HEIGHT="23" CONTENT="EU" WIDTH="29" HPOS="239" VPOS="2040" ID="st3-418"/><SP/><String HEIGHT="23" CONTENT="come" WIDTH="58" HPOS="277" VPOS="2040" ID="st3-419"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="343" VPOS="2040" ID="st3-420"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="371" VPOS="2040" ID="st3-421"/><SP/><String HEIGHT="23" CONTENT="considerable" WIDTH="134" HPOS="409" VPOS="2040" ID="st3-422"/><SP/><String HEIGHT="23" CONTENT="criticism" WIDTH="83" HPOS="551" VPOS="2040" ID="st3-423"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="634" VPOS="2040" ID="st3-424"/></TextLine><TextLine HPOS="652" VPOS="2040" ID="tl3-48" WIDTH="94" HEIGHT="24"><String HEIGHT="24" CONTENT="Kay" WIDTH="44" HPOS="652" VPOS="2040" ID="st3-425"/><SP/><String HEIGHT="24" CONTENT="Ohl" WIDTH="41" HPOS="705" VPOS="2040" ID="st3-426"/></TextLine><TextLine HPOS="754" VPOS="2040" ID="tl3-49" WIDTH="41" HEIGHT="23"><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="754" VPOS="2040" ID="st3-427"/></TextLine><TextLine HPOS="858" VPOS="307" ID="tl3-50" WIDTH="109" HEIGHT="23"><String HEIGHT="23" CONTENT="Uwe" WIDTH="54" HPOS="858" VPOS="307" ID="st3-428"/><SP/><String HEIGHT="23" CONTENT="Fink" WIDTH="49" HPOS="918" VPOS="307" ID="st3-429"/></TextLine><TextLine HPOS="974" VPOS="307" ID="tl3-51" WIDTH="482" HEIGHT="23"><String HEIGHT="23" CONTENT="warn" WIDTH="54" HPOS="974" VPOS="307" ID="st3-430"/><SP/><String HEIGHT="23" CONTENT="against" WIDTH="76" HPOS="1035" VPOS="307" ID="st3-431"/><SP/><String HEIGHT="23" CONTENT="mechanistic" WIDTH="125" HPOS="1118" VPOS="307" ID="st3-432"/><SP/><String HEIGHT="23" CONTENT="control" WIDTH="75" HPOS="1249" VPOS="307" ID="st3-433"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1330" VPOS="307" ID="st3-434"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1359" VPOS="307" ID="st3-435"/></TextLine><TextLine HPOS="858" VPOS="343" ID="tl3-52" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="858" VPOS="343" ID="st3-436"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="979" VPOS="343" ID="st3-437"/><SP/><String HEIGHT="23" CONTENT="point" WIDTH="56" HPOS="1027" VPOS="343" ID="st3-438"/><SP/><String HEIGHT="23" CONTENT="out" WIDTH="36" HPOS="1090" VPOS="343" ID="st3-439"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="1134" VPOS="343" ID="st3-440"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1185" VPOS="343" ID="st3-441"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1251" VPOS="343" ID="st3-442"/><SP/><String HEIGHT="23" CONTENT="alone" WIDTH="59" HPOS="1319" VPOS="343" ID="st3-443"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="1385" VPOS="343" ID="st3-444"/></TextLine><TextLine HPOS="858" VPOS="379" ID="tl3-53" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="858" VPOS="379" ID="st3-445"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="903" VPOS="379" ID="st3-446"/><SP/><String HEIGHT="23" CONTENT="responsible" WIDTH="119" HPOS="938" VPOS="379" ID="st3-447"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="1066" VPOS="379" ID="st3-448"/><SP/><String HEIGHT="23" CONTENT="correcting" WIDTH="106" HPOS="1106" VPOS="379" ID="st3-449"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="1221" VPOS="379" ID="st3-450"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="113" HPOS="1331" VPOS="379" ID="st3-451"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1444" VPOS="379" ID="st3-452"/></TextLine><TextLine HPOS="858" VPOS="415" ID="tl3-54" WIDTH="186" HEIGHT="24"><String HEIGHT="24" CONTENT="Gabriele" WIDTH="98" HPOS="858" VPOS="415" ID="st3-453"/><SP/><String HEIGHT="24" CONTENT="Sterkel" WIDTH="82" HPOS="962" VPOS="415" ID="st3-454"/></TextLine><TextLine HPOS="1051" VPOS="415" ID="tl3-55" WIDTH="405" HEIGHT="23"><String HEIGHT="23" CONTENT="identifies" WIDTH="95" HPOS="1051" VPOS="415" ID="st3-455"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1152" VPOS="415" ID="st3-456"/><SP/><String HEIGHT="23" CONTENT="improvement" WIDTH="141" HPOS="1193" VPOS="415" ID="st3-457"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1340" VPOS="415" ID="st3-458"/><SP/><String HEIGHT="23" CONTENT="working" WIDTH="87" HPOS="1369" VPOS="415" ID="st3-459"/></TextLine><TextLine HPOS="858" VPOS="451" ID="tl3-56" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="conditions" WIDTH="110" HPOS="858" VPOS="451" ID="st3-460"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="974" VPOS="451" ID="st3-461"/><SP/><String HEIGHT="23" CONTENT="living" WIDTH="56" HPOS="1020" VPOS="451" ID="st3-462"/><SP/><String HEIGHT="23" CONTENT="standards" WIDTH="103" HPOS="1082" VPOS="451" ID="st3-463"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="1191" VPOS="451" ID="st3-464"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1219" VPOS="451" ID="st3-465"/><SP/><String HEIGHT="23" CONTENT="key" WIDTH="36" HPOS="1238" VPOS="451" ID="st3-466"/><SP/><String HEIGHT="23" CONTENT="task" WIDTH="44" HPOS="1280" VPOS="451" ID="st3-467"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1330" VPOS="451" ID="st3-468"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="1358" VPOS="451" ID="st3-469"/><SP/><String HEIGHT="23" CONTENT="un" WIDTH="24" HPOS="1420" VPOS="451" ID="st3-470" SUBS_TYPE="HypPart1" SUBS_CONTENT="union"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="451" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="488" ID="tl3-57" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="ion" WIDTH="33" HPOS="858" VPOS="488" ID="st3-471" SUBS_TYPE="HypPart2" SUBS_CONTENT="union"/><SP/><String HEIGHT="22" CONTENT="collective" WIDTH="97" HPOS="896" VPOS="488" ID="st3-472"/><SP/><String HEIGHT="22" CONTENT="bargaining" WIDTH="109" HPOS="999" VPOS="488" ID="st3-473"/><String HEIGHT="22" CONTENT="." WIDTH="10" HPOS="1108" VPOS="488" ID="st3-474"/><SP/><String HEIGHT="22" CONTENT="This" WIDTH="41" HPOS="1125" VPOS="488" ID="st3-475"/><SP/><String HEIGHT="22" CONTENT="aim" WIDTH="38" HPOS="1172" VPOS="488" ID="st3-476"/><SP/><String HEIGHT="22" CONTENT="should" WIDTH="71" HPOS="1216" VPOS="488" ID="st3-477"/><SP/><String HEIGHT="22" CONTENT="by" WIDTH="25" HPOS="1292" VPOS="488" ID="st3-478"/><SP/><String HEIGHT="22" CONTENT="no" WIDTH="28" HPOS="1322" VPOS="488" ID="st3-479"/><SP/><String HEIGHT="22" CONTENT="means" WIDTH="70" HPOS="1355" VPOS="488" ID="st3-480"/><SP/><String HEIGHT="22" CONTENT="be" WIDTH="26" HPOS="1430" VPOS="488" ID="st3-481"/></TextLine><TextLine HPOS="858" VPOS="524" ID="tl3-58" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="subordinated" WIDTH="140" HPOS="858" VPOS="524" ID="st3-482"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1006" VPOS="524" ID="st3-483"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1036" VPOS="524" ID="st3-484"/><SP/><String HEIGHT="23" CONTENT="exigencies" WIDTH="108" HPOS="1079" VPOS="524" ID="st3-485"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1195" VPOS="524" ID="st3-486"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="1225" VPOS="524" ID="st3-487"/><SP/><String HEIGHT="23" CONTENT="plan" WIDTH="44" HPOS="1402" VPOS="524" ID="st3-488" SUBS_TYPE="HypPart1" SUBS_CONTENT="planning"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="524" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="560" ID="tl3-59" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ning" WIDTH="43" HPOS="858" VPOS="560" ID="st3-489" SUBS_TYPE="HypPart2" SUBS_CONTENT="planning"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="901" VPOS="560" ID="st3-490"/><SP/><String HEIGHT="23" CONTENT="She" WIDTH="39" HPOS="919" VPOS="560" ID="st3-491"/><SP/><String HEIGHT="23" CONTENT="argues" WIDTH="71" HPOS="965" VPOS="560" ID="st3-492"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="1043" VPOS="560" ID="st3-493"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="1093" VPOS="560" ID="st3-494"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1130" VPOS="560" ID="st3-495"/><SP/><String HEIGHT="23" CONTENT="number" WIDTH="83" HPOS="1150" VPOS="560" ID="st3-496"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1240" VPOS="560" ID="st3-497"/><SP/><String HEIGHT="23" CONTENT="years" WIDTH="50" HPOS="1269" VPOS="560" ID="st3-498"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1319" VPOS="560" ID="st3-499"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1337" VPOS="560" ID="st3-500"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1372" VPOS="560" ID="st3-501"/><SP/><String HEIGHT="23" CONTENT="pre" WIDTH="33" HPOS="1413" VPOS="560" ID="st3-502" SUBS_TYPE="HypPart1" SUBS_CONTENT="pretext"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="560" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="596" ID="tl3-60" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="text" WIDTH="40" HPOS="858" VPOS="596" ID="st3-503" SUBS_TYPE="HypPart2" SUBS_CONTENT="pretext"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="908" VPOS="596" ID="st3-504"/><String HEIGHT="23" CONTENT="»" WIDTH="9" HPOS="939" VPOS="596" ID="st3-505"/><String HEIGHT="23" CONTENT="stability" WIDTH="86" HPOS="948" VPOS="596" ID="st3-506"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1043" VPOS="596" ID="st3-507"/><SP/><String HEIGHT="23" CONTENT="growth" WIDTH="73" HPOS="1093" VPOS="596" ID="st3-508"/><String HEIGHT="23" CONTENT="«" WIDTH="12" HPOS="1166" VPOS="596" ID="st3-509"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1178" VPOS="596" ID="st3-510"/><SP/><String HEIGHT="23" CONTENT="workers" WIDTH="80" HPOS="1201" VPOS="596" ID="st3-511"/><String HEIGHT="23" CONTENT="’" WIDTH="12" HPOS="1281" VPOS="596" ID="st3-512"/><SP/><String HEIGHT="23" CONTENT="rights" WIDTH="60" HPOS="1302" VPOS="596" ID="st3-513"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1372" VPOS="596" ID="st3-514"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1421" VPOS="596" ID="st3-515"/></TextLine><TextLine HPOS="858" VPOS="632" ID="tl3-61" WIDTH="378" HEIGHT="23"><String HEIGHT="23" CONTENT="welfare" WIDTH="78" HPOS="858" VPOS="632" ID="st3-516"/><SP/><String HEIGHT="23" CONTENT="state" WIDTH="52" HPOS="947" VPOS="632" ID="st3-517"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="1010" VPOS="632" ID="st3-518"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="1071" VPOS="632" ID="st3-519"/><SP/><String HEIGHT="23" CONTENT="cut" WIDTH="33" HPOS="1135" VPOS="632" ID="st3-520"/><SP/><String HEIGHT="23" CONTENT="back" WIDTH="45" HPOS="1179" VPOS="632" ID="st3-521"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1224" VPOS="632" ID="st3-522"/></TextLine><TextLine HPOS="1247" VPOS="632" ID="tl3-62" WIDTH="112" HEIGHT="23"><String HEIGHT="23" CONTENT="Ralf" WIDTH="46" HPOS="1247" VPOS="632" ID="st3-523"/><SP/><String HEIGHT="23" CONTENT="Götz" WIDTH="55" HPOS="1304" VPOS="632" ID="st3-524"/></TextLine><TextLine HPOS="1370" VPOS="632" ID="tl3-63" WIDTH="86" HEIGHT="23"><String HEIGHT="23" CONTENT="calls" WIDTH="45" HPOS="1370" VPOS="632" ID="st3-525"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="1426" VPOS="632" ID="st3-526"/></TextLine><TextLine HPOS="858" VPOS="668" ID="tl3-64" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="668" ID="st3-527"/><SP/><String HEIGHT="23" CONTENT="ending" WIDTH="73" HPOS="902" VPOS="668" ID="st3-528"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="984" VPOS="668" ID="st3-529"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="58" HPOS="1016" VPOS="668" ID="st3-530"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1083" VPOS="668" ID="st3-531"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1133" VPOS="668" ID="st3-532"/><SP/><String HEIGHT="23" CONTENT="dumping" WIDTH="96" HPOS="1200" VPOS="668" ID="st3-533"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1305" VPOS="668" ID="st3-534"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1334" VPOS="668" ID="st3-535"/><SP/><String HEIGHT="23" CONTENT="EU" WIDTH="29" HPOS="1378" VPOS="668" ID="st3-536"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1416" VPOS="668" ID="st3-537"/></TextLine><TextLine HPOS="858" VPOS="704" ID="tl3-65" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="urges" WIDTH="58" HPOS="858" VPOS="704" ID="st3-538"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="922" VPOS="704" ID="st3-539"/><SP/><String HEIGHT="23" CONTENT="introduction" WIDTH="130" HPOS="962" VPOS="704" ID="st3-540"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1098" VPOS="704" ID="st3-541"/><SP/><String HEIGHT="23" CONTENT="common" WIDTH="94" HPOS="1126" VPOS="704" ID="st3-542"/><SP/><String HEIGHT="23" CONTENT="standards" WIDTH="102" HPOS="1226" VPOS="704" ID="st3-543"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="1334" VPOS="704" ID="st3-544"/><String HEIGHT="23" CONTENT="»" WIDTH="12" HPOS="1370" VPOS="704" ID="st3-545"/><String HEIGHT="23" CONTENT="decent" WIDTH="74" HPOS="1382" VPOS="704" ID="st3-546"/></TextLine><TextLine HPOS="858" VPOS="740" ID="tl3-66" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="work" WIDTH="54" HPOS="858" VPOS="740" ID="st3-547"/><String HEIGHT="23" CONTENT="«" WIDTH="14" HPOS="912" VPOS="740" ID="st3-548"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="933" VPOS="740" ID="st3-549"/><SP/><String HEIGHT="23" CONTENT="better" WIDTH="64" HPOS="981" VPOS="740" ID="st3-550"/><SP/><String HEIGHT="23" CONTENT="wealth" WIDTH="72" HPOS="1052" VPOS="740" ID="st3-551"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="121" HPOS="1132" VPOS="740" ID="st3-552"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1260" VPOS="740" ID="st3-553"/><SP/><String HEIGHT="23" CONTENT="correct" WIDTH="73" HPOS="1290" VPOS="740" ID="st3-554"/><SP/><String HEIGHT="23" CONTENT="unequal" WIDTH="86" HPOS="1370" VPOS="740" ID="st3-555"/></TextLine><TextLine HPOS="858" VPOS="776" ID="tl3-67" WIDTH="430" HEIGHT="23"><String HEIGHT="23" CONTENT="working" WIDTH="87" HPOS="858" VPOS="776" ID="st3-556"/><SP/><String HEIGHT="23" CONTENT="conditions" WIDTH="110" HPOS="952" VPOS="776" ID="st3-557"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1069" VPOS="776" ID="st3-558"/><SP/><String HEIGHT="23" CONTENT="living" WIDTH="56" HPOS="1116" VPOS="776" ID="st3-559"/><SP/><String HEIGHT="23" CONTENT="standards" WIDTH="98" HPOS="1179" VPOS="776" ID="st3-560"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1277" VPOS="776" ID="st3-561"/></TextLine><TextLine HPOS="858" VPOS="849" ID="tl3-68" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="858" VPOS="849" ID="st3-562"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="884" VPOS="849" ID="st3-563"/><SP/><String HEIGHT="23" CONTENT="review" WIDTH="69" HPOS="926" VPOS="849" ID="st3-564"/><SP/><String HEIGHT="23" CONTENT="undertaken" WIDTH="123" HPOS="1001" VPOS="849" ID="st3-565"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1131" VPOS="849" ID="st3-566"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1162" VPOS="849" ID="st3-567"/><SP/><String HEIGHT="23" CONTENT="present" WIDTH="79" HPOS="1204" VPOS="849" ID="st3-568"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="102" HPOS="1290" VPOS="849" ID="st3-569"/><SP/><String HEIGHT="23" CONTENT="study" WIDTH="57" HPOS="1399" VPOS="849" ID="st3-570"/></TextLine><TextLine HPOS="858" VPOS="885" ID="tl3-69" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="858" VPOS="885" ID="st3-571"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="903" VPOS="885" ID="st3-572"/><SP/><String HEIGHT="23" CONTENT="accompanying" WIDTH="154" HPOS="943" VPOS="885" ID="st3-573"/><SP/><String HEIGHT="23" CONTENT="commentaries" WIDTH="149" HPOS="1103" VPOS="885" ID="st3-574"/><SP/><String HEIGHT="23" CONTENT="based" WIDTH="62" HPOS="1258" VPOS="885" ID="st3-575"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="27" HPOS="1326" VPOS="885" ID="st3-576"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="1359" VPOS="885" ID="st3-577"/><SP/><String HEIGHT="23" CONTENT="un" WIDTH="24" HPOS="1420" VPOS="885" ID="st3-578" SUBS_TYPE="HypPart1" SUBS_CONTENT="union"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="885" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="921" ID="tl3-70" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ion" WIDTH="33" HPOS="858" VPOS="921" ID="st3-579" SUBS_TYPE="HypPart2" SUBS_CONTENT="union"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="897" VPOS="921" ID="st3-580"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="1000" VPOS="921" ID="st3-581"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1120" VPOS="921" ID="st3-582"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1167" VPOS="921" ID="st3-583"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1231" VPOS="921" ID="st3-584"/><SP/><String HEIGHT="23" CONTENT="practice" WIDTH="84" HPOS="1298" VPOS="921" ID="st3-585"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1388" VPOS="921" ID="st3-586"/><SP/><String HEIGHT="23" CONTENT="clear" WIDTH="50" HPOS="1406" VPOS="921" ID="st3-587"/></TextLine><TextLine HPOS="858" VPOS="957" ID="tl3-71" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="commitment" WIDTH="136" HPOS="858" VPOS="957" ID="st3-588"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="999" VPOS="957" ID="st3-589"/><SP/><String HEIGHT="23" CONTENT="strengthening" WIDTH="148" HPOS="1027" VPOS="957" ID="st3-590"/><SP/><String HEIGHT="23" CONTENT="cooperation" WIDTH="128" HPOS="1180" VPOS="957" ID="st3-591"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1314" VPOS="957" ID="st3-592"/><SP/><String HEIGHT="23" CONTENT="consulta" WIDTH="87" HPOS="1359" VPOS="957" ID="st3-593" SUBS_TYPE="HypPart1" SUBS_CONTENT="consultation"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="957" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="993" ID="tl3-72" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tion" WIDTH="41" HPOS="858" VPOS="993" ID="st3-594" SUBS_TYPE="HypPart2" SUBS_CONTENT="consultation"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="905" VPOS="993" ID="st3-595"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="75" HPOS="931" VPOS="993" ID="st3-596"/><SP/><String HEIGHT="23" CONTENT="emerges" WIDTH="84" HPOS="1012" VPOS="993" ID="st3-597"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1096" VPOS="993" ID="st3-598"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1115" VPOS="993" ID="st3-599"/><SP/><String HEIGHT="23" CONTENT="need" WIDTH="52" HPOS="1156" VPOS="993" ID="st3-600"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="1214" VPOS="993" ID="st3-601"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1251" VPOS="993" ID="st3-602"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1321" VPOS="993" ID="st3-603"/><SP/><String HEIGHT="23" CONTENT="underlined" WIDTH="114" HPOS="1342" VPOS="993" ID="st3-604"/></TextLine><TextLine HPOS="858" VPOS="1029" ID="tl3-73" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="858" VPOS="1029" ID="st3-605"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="890" VPOS="1029" ID="st3-606"/><SP/><String HEIGHT="23" CONTENT="current" WIDTH="76" HPOS="931" VPOS="1029" ID="st3-607"/><SP/><String HEIGHT="23" CONTENT="crisis" WIDTH="48" HPOS="1014" VPOS="1029" ID="st3-608"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="1062" VPOS="1029" ID="st3-609"/><SP/><String HEIGHT="23" CONTENT="Whether" WIDTH="93" HPOS="1078" VPOS="1029" ID="st3-610"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1177" VPOS="1029" ID="st3-611"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1219" VPOS="1029" ID="st3-612"/><SP/><String HEIGHT="23" CONTENT="negotiation" WIDTH="122" HPOS="1284" VPOS="1029" ID="st3-613"/><SP/><String HEIGHT="23" CONTENT="net" WIDTH="33" HPOS="1413" VPOS="1029" ID="st3-614" SUBS_TYPE="HypPart1" SUBS_CONTENT="network"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1029" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1065" ID="tl3-74" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="work" WIDTH="54" HPOS="858" VPOS="1065" ID="st3-615" SUBS_TYPE="HypPart2" SUBS_CONTENT="network"/><SP/><String HEIGHT="23" CONTENT="taken" WIDTH="60" HPOS="918" VPOS="1065" ID="st3-616"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="984" VPOS="1065" ID="st3-617"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="1012" VPOS="1065" ID="st3-618"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="89" HPOS="1044" VPOS="1065" ID="st3-619"/><SP/><String HEIGHT="23" CONTENT="here" WIDTH="47" HPOS="1139" VPOS="1065" ID="st3-620"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="1192" VPOS="1065" ID="st3-621"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="1236" VPOS="1065" ID="st3-622"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="22" HPOS="1254" VPOS="1065" ID="st3-623"/><SP/><String HEIGHT="23" CONTENT="even" WIDTH="50" HPOS="1282" VPOS="1065" ID="st3-624"/><SP/><String HEIGHT="23" CONTENT="wishes" WIDTH="70" HPOS="1339" VPOS="1065" ID="st3-625"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="1415" VPOS="1065" ID="st3-626"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="1444" VPOS="1065" ID="st3-627"/></TextLine><TextLine HPOS="858" VPOS="1101" ID="tl3-75" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="serve" WIDTH="54" HPOS="858" VPOS="1101" ID="st3-628"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="920" VPOS="1101" ID="st3-629"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="950" VPOS="1101" ID="st3-630"/><SP/><String HEIGHT="23" CONTENT="key" WIDTH="36" HPOS="971" VPOS="1101" ID="st3-631"/><SP/><String HEIGHT="23" CONTENT="instrument" WIDTH="115" HPOS="1015" VPOS="1101" ID="st3-632"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1138" VPOS="1101" ID="st3-633"/><SP/><String HEIGHT="23" CONTENT="preventing" WIDTH="113" HPOS="1166" VPOS="1101" ID="st3-634"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="1287" VPOS="1101" ID="st3-635"/></TextLine><TextLine HPOS="858" VPOS="1138" ID="tl3-76" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="asymmetries" WIDTH="132" HPOS="858" VPOS="1138" ID="st3-636"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="996" VPOS="1138" ID="st3-637"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1021" VPOS="1138" ID="st3-638"/><SP/><String HEIGHT="22" CONTENT="Eurozone" WIDTH="100" HPOS="1062" VPOS="1138" ID="st3-639"/><SP/><String HEIGHT="22" CONTENT="merits" WIDTH="65" HPOS="1168" VPOS="1138" ID="st3-640"/><SP/><String HEIGHT="22" CONTENT="further" WIDTH="73" HPOS="1240" VPOS="1138" ID="st3-641"/><SP/><String HEIGHT="22" CONTENT="discussion" WIDTH="103" HPOS="1319" VPOS="1138" ID="st3-642"/><String HEIGHT="22" CONTENT="." WIDTH="11" HPOS="1422" VPOS="1138" ID="st3-643"/><SP/><String HEIGHT="22" CONTENT="A" WIDTH="16" HPOS="1440" VPOS="1138" ID="st3-644"/></TextLine><TextLine HPOS="858" VPOS="1174" ID="tl3-77" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="dialogue" WIDTH="91" HPOS="858" VPOS="1174" ID="st3-645"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="27" HPOS="958" VPOS="1174" ID="st3-646"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="994" VPOS="1174" ID="st3-647"/><SP/><String HEIGHT="23" CONTENT="issue" WIDTH="52" HPOS="1039" VPOS="1174" ID="st3-648"/><SP/><String HEIGHT="23" CONTENT="between" WIDTH="93" HPOS="1099" VPOS="1174" ID="st3-649"/><SP/><String HEIGHT="23" CONTENT="academia" WIDTH="101" HPOS="1200" VPOS="1174" ID="st3-650"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1309" VPOS="1174" ID="st3-651"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1358" VPOS="1174" ID="st3-652"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="1401" VPOS="1174" ID="st3-653"/></TextLine><TextLine HPOS="858" VPOS="1210" ID="tl3-78" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="858" VPOS="1210" ID="st3-654"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="938" VPOS="1210" ID="st3-655"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="962" VPOS="1210" ID="st3-656"/><SP/><String HEIGHT="23" CONTENT="matter" WIDTH="71" HPOS="983" VPOS="1210" ID="st3-657"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1063" VPOS="1210" ID="st3-658"/><SP/><String HEIGHT="23" CONTENT="some" WIDTH="57" HPOS="1094" VPOS="1210" ID="st3-659"/><SP/><String HEIGHT="23" CONTENT="urgency" WIDTH="84" HPOS="1160" VPOS="1210" ID="st3-660"/><SP/><String HEIGHT="23" CONTENT="because" WIDTH="86" HPOS="1253" VPOS="1210" ID="st3-661"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1348" VPOS="1210" ID="st3-662"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1377" VPOS="1210" ID="st3-663"/><SP/><String HEIGHT="23" CONTENT="po" WIDTH="24" HPOS="1420" VPOS="1210" ID="st3-664" SUBS_TYPE="HypPart1" SUBS_CONTENT="political"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="1210" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1246" ID="tl3-79" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="litical" WIDTH="54" HPOS="858" VPOS="1246" ID="st3-665" SUBS_TYPE="HypPart2" SUBS_CONTENT="political"/><SP/><String HEIGHT="23" CONTENT="realm" WIDTH="59" HPOS="920" VPOS="1246" ID="st3-666"/><SP/><String HEIGHT="23" CONTENT="there" WIDTH="55" HPOS="987" VPOS="1246" ID="st3-667"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1050" VPOS="1246" ID="st3-668"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="1073" VPOS="1246" ID="st3-669"/><SP/><String HEIGHT="23" CONTENT="acute" WIDTH="58" HPOS="1108" VPOS="1246" ID="st3-670"/><SP/><String HEIGHT="23" CONTENT="danger" WIDTH="75" HPOS="1174" VPOS="1246" ID="st3-671"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="40" HPOS="1257" VPOS="1246" ID="st3-672"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="1297" VPOS="1246" ID="st3-673"/><SP/><String HEIGHT="23" CONTENT="instead" WIDTH="77" HPOS="1315" VPOS="1246" ID="st3-674"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1400" VPOS="1246" ID="st3-675"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="1430" VPOS="1246" ID="st3-676"/></TextLine><TextLine HPOS="858" VPOS="1282" ID="tl3-80" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="open" WIDTH="54" HPOS="858" VPOS="1282" ID="st3-677"/><SP/><String HEIGHT="23" CONTENT="framework" WIDTH="110" HPOS="921" VPOS="1282" ID="st3-678"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1031" VPOS="1282" ID="st3-679"/><SP/><String HEIGHT="23" CONTENT="too" WIDTH="36" HPOS="1053" VPOS="1282" ID="st3-680"/><SP/><String HEIGHT="23" CONTENT="narrow" WIDTH="76" HPOS="1098" VPOS="1282" ID="st3-681"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1183" VPOS="1282" ID="st3-682"/><SP/><String HEIGHT="23" CONTENT="corset" WIDTH="64" HPOS="1204" VPOS="1282" ID="st3-683"/><SP/><String HEIGHT="23" CONTENT="will" WIDTH="36" HPOS="1277" VPOS="1282" ID="st3-684"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="1321" VPOS="1282" ID="st3-685"/><SP/><String HEIGHT="23" CONTENT="proposed" WIDTH="99" HPOS="1357" VPOS="1282" ID="st3-686"/></TextLine><TextLine HPOS="858" VPOS="1318" ID="tl3-81" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="858" VPOS="1318" ID="st3-687"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="888" VPOS="1318" ID="st3-688"/><SP/><String HEIGHT="23" CONTENT="form" WIDTH="51" HPOS="933" VPOS="1318" ID="st3-689"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="995" VPOS="1318" ID="st3-690"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1027" VPOS="1318" ID="st3-691"/><SP/><String HEIGHT="23" CONTENT="competition" WIDTH="122" HPOS="1050" VPOS="1318" ID="st3-692"/><String HEIGHT="23" CONTENT="-" WIDTH="12" HPOS="1172" VPOS="1318" ID="st3-693"/><String HEIGHT="23" CONTENT="driven" WIDTH="67" HPOS="1184" VPOS="1318" ID="st3-694"/><SP/><String HEIGHT="23" CONTENT="orientation" WIDTH="116" HPOS="1262" VPOS="1318" ID="st3-695"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1389" VPOS="1318" ID="st3-696"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1422" VPOS="1318" ID="st3-697"/></TextLine><TextLine HPOS="858" VPOS="1354" ID="tl3-82" WIDTH="185" HEIGHT="23"><String HEIGHT="23" CONTENT="lowest" WIDTH="69" HPOS="858" VPOS="1354" ID="st3-698"/><SP/><String HEIGHT="23" CONTENT="standards" WIDTH="98" HPOS="934" VPOS="1354" ID="st3-699"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1032" VPOS="1354" ID="st3-700"/></TextLine><TextLine HPOS="858" VPOS="1426" ID="tl3-83" WIDTH="136" HEIGHT="23"><String HEIGHT="23" CONTENT="Björn" WIDTH="56" HPOS="858" VPOS="1426" ID="st3-701"/><SP/><String HEIGHT="23" CONTENT="Hacker" WIDTH="73" HPOS="921" VPOS="1426" ID="st3-702"/></TextLine><TextLine HPOS="858" VPOS="1463" ID="tl3-84" WIDTH="293" HEIGHT="22"><String HEIGHT="22" CONTENT="International" WIDTH="135" HPOS="858" VPOS="1463" ID="st3-703"/><SP/><String HEIGHT="22" CONTENT="Policy" WIDTH="60" HPOS="1000" VPOS="1463" ID="st3-704"/><SP/><String HEIGHT="22" CONTENT="Analysis" WIDTH="84" HPOS="1067" VPOS="1463" ID="st3-705"/></TextLine><TextLine HPOS="818" VPOS="2254" ID="tl3-85" WIDTH="16" HEIGHT="27"><String HEIGHT="27" CONTENT="3" WIDTH="16" HPOS="818" VPOS="2254" ID="st3-706"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="4" ID="p749086" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749086" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749086" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl4-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st4-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st4-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st4-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st4-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st4-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st4-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st4-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st4-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st4-8"/></TextLine><TextLine HPOS="196" VPOS="303" ID="tl4-1" WIDTH="155" HEIGHT="28"><String HEIGHT="28" CONTENT="Toralf" WIDTH="72" HPOS="196" VPOS="303" ID="st4-9"/><SP/><String HEIGHT="28" CONTENT="Pusch" WIDTH="75" HPOS="276" VPOS="303" ID="st4-10"/></TextLine><TextLine HPOS="196" VPOS="372" ID="tl4-2" WIDTH="744" HEIGHT="33"><String HEIGHT="33" CONTENT="Wage" WIDTH="97" HPOS="196" VPOS="372" ID="st4-11"/><SP/><String HEIGHT="33" CONTENT="Policy" WIDTH="99" HPOS="303" VPOS="372" ID="st4-12"/><SP/><String HEIGHT="33" CONTENT="Coordination" WIDTH="222" HPOS="412" VPOS="372" ID="st4-13"/><SP/><String HEIGHT="33" CONTENT="in" WIDTH="32" HPOS="644" VPOS="372" ID="st4-14"/><SP/><String HEIGHT="33" CONTENT="the" WIDTH="56" HPOS="686" VPOS="372" ID="st4-15"/><SP/><String HEIGHT="33" CONTENT="Eurozone" WIDTH="160" HPOS="752" VPOS="372" ID="st4-16"/><SP/><String HEIGHT="33" CONTENT="–" WIDTH="18" HPOS="922" VPOS="372" ID="st4-17"/></TextLine><TextLine HPOS="196" VPOS="408" ID="tl4-3" WIDTH="946" HEIGHT="33"><String HEIGHT="33" CONTENT="A" WIDTH="26" HPOS="196" VPOS="408" ID="st4-18"/><SP/><String HEIGHT="33" CONTENT="Robust" WIDTH="119" HPOS="232" VPOS="408" ID="st4-19"/><SP/><String HEIGHT="33" CONTENT="Concept" WIDTH="138" HPOS="361" VPOS="408" ID="st4-20"/><SP/><String HEIGHT="33" CONTENT="for" WIDTH="50" HPOS="509" VPOS="408" ID="st4-21"/><SP/><String HEIGHT="33" CONTENT="Greater" WIDTH="128" HPOS="569" VPOS="408" ID="st4-22"/><SP/><String HEIGHT="33" CONTENT="Macroeconomic" WIDTH="266" HPOS="707" VPOS="408" ID="st4-23"/><SP/><String HEIGHT="33" CONTENT="Stability" WIDTH="142" HPOS="984" VPOS="408" ID="st4-24"/><String HEIGHT="33" CONTENT="?" WIDTH="16" HPOS="1126" VPOS="408" ID="st4-25"/></TextLine><TextLine HPOS="196" VPOS="488" ID="tl4-4" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="The" WIDTH="39" HPOS="196" VPOS="488" ID="st4-26"/><SP/><String HEIGHT="22" CONTENT="debate" WIDTH="73" HPOS="244" VPOS="488" ID="st4-27"/><SP/><String HEIGHT="22" CONTENT="on" WIDTH="28" HPOS="326" VPOS="488" ID="st4-28"/><SP/><String HEIGHT="22" CONTENT="economic" WIDTH="103" HPOS="362" VPOS="488" ID="st4-29"/><SP/><String HEIGHT="22" CONTENT="imbalances" WIDTH="118" HPOS="474" VPOS="488" ID="st4-30"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="600" VPOS="488" ID="st4-31"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="628" VPOS="488" ID="st4-32"/><SP/><String HEIGHT="22" CONTENT="Eurozone" WIDTH="100" HPOS="671" VPOS="488" ID="st4-33"/><SP/><String HEIGHT="22" CONTENT="is" WIDTH="16" HPOS="779" VPOS="488" ID="st4-34"/></TextLine><TextLine HPOS="196" VPOS="524" ID="tl4-5" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="196" VPOS="524" ID="st4-35"/><SP/><String HEIGHT="23" CONTENT="full" WIDTH="34" HPOS="222" VPOS="524" ID="st4-36"/><SP/><String HEIGHT="23" CONTENT="swing" WIDTH="58" HPOS="262" VPOS="524" ID="st4-37"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="320" VPOS="524" ID="st4-38"/><SP/><String HEIGHT="23" CONTENT="For" WIDTH="33" HPOS="339" VPOS="524" ID="st4-39"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="379" VPOS="524" ID="st4-40"/><SP/><String HEIGHT="23" CONTENT="first" WIDTH="40" HPOS="420" VPOS="524" ID="st4-41"/><SP/><String HEIGHT="23" CONTENT="time" WIDTH="47" HPOS="467" VPOS="524" ID="st4-42"/><SP/><String HEIGHT="23" CONTENT="since" WIDTH="52" HPOS="521" VPOS="524" ID="st4-43"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="580" VPOS="524" ID="st4-44"/><SP/><String HEIGHT="23" CONTENT="Monetary" WIDTH="103" HPOS="621" VPOS="524" ID="st4-45"/><SP/><String HEIGHT="23" CONTENT="Union" WIDTH="64" HPOS="731" VPOS="524" ID="st4-46"/></TextLine><TextLine HPOS="196" VPOS="560" ID="tl4-6" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="got" WIDTH="36" HPOS="196" VPOS="560" ID="st4-47"/><SP/><String HEIGHT="23" CONTENT="off" WIDTH="30" HPOS="238" VPOS="560" ID="st4-48"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="274" VPOS="560" ID="st4-49"/><SP/><String HEIGHT="23" CONTENT="ground" WIDTH="77" HPOS="314" VPOS="560" ID="st4-50"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="397" VPOS="560" ID="st4-51"/><SP/><String HEIGHT="23" CONTENT="appears" WIDTH="84" HPOS="416" VPOS="560" ID="st4-52"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="505" VPOS="560" ID="st4-53"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="66" HPOS="554" VPOS="560" ID="st4-54"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="620" VPOS="560" ID="st4-55"/><String HEIGHT="23" CONTENT="s" WIDTH="11" HPOS="631" VPOS="560" ID="st4-56"/><SP/><String HEIGHT="23" CONTENT="leaders" WIDTH="75" HPOS="648" VPOS="560" ID="st4-57"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="728" VPOS="560" ID="st4-58"/></TextLine><TextLine HPOS="196" VPOS="596" ID="tl4-7" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="like" WIDTH="36" HPOS="196" VPOS="596" ID="st4-59"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="239" VPOS="596" ID="st4-60"/><SP/><String HEIGHT="23" CONTENT="take" WIDTH="46" HPOS="269" VPOS="596" ID="st4-61"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="322" VPOS="596" ID="st4-62"/><SP/><String HEIGHT="23" CONTENT="substantial" WIDTH="114" HPOS="341" VPOS="596" ID="st4-63"/><SP/><String HEIGHT="23" CONTENT="step" WIDTH="44" HPOS="462" VPOS="596" ID="st4-64"/><SP/><String HEIGHT="23" CONTENT="forward" WIDTH="85" HPOS="513" VPOS="596" ID="st4-65"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="605" VPOS="596" ID="st4-66"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="631" VPOS="596" ID="st4-67"/><SP/><String HEIGHT="23" CONTENT="direction" WIDTH="93" HPOS="673" VPOS="596" ID="st4-68"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="773" VPOS="596" ID="st4-69"/></TextLine><TextLine HPOS="196" VPOS="632" ID="tl4-8" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="reform" WIDTH="72" HPOS="196" VPOS="632" ID="st4-70"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="277" VPOS="632" ID="st4-71"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="309" VPOS="632" ID="st4-72"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="419" VPOS="632" ID="st4-73"/><SP/><String HEIGHT="23" CONTENT="governance" WIDTH="120" HPOS="531" VPOS="632" ID="st4-74"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="651" VPOS="632" ID="st4-75"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="672" VPOS="632" ID="st4-76"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="723" VPOS="632" ID="st4-77"/><SP/><String HEIGHT="23" CONTENT="indi" WIDTH="38" HPOS="748" VPOS="632" ID="st4-78" SUBS_TYPE="HypPart1" SUBS_CONTENT="indicated"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="632" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="668" ID="tl4-9" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="cated" WIDTH="59" HPOS="196" VPOS="668" ID="st4-79" SUBS_TYPE="HypPart2" SUBS_CONTENT="indicated"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="262" VPOS="668" ID="st4-80"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="295" VPOS="668" ID="st4-81"/><SP/><String HEIGHT="23" CONTENT="very" WIDTH="43" HPOS="338" VPOS="668" ID="st4-82"/><SP/><String HEIGHT="23" CONTENT="breadth" WIDTH="83" HPOS="389" VPOS="668" ID="st4-83"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="479" VPOS="668" ID="st4-84"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="509" VPOS="668" ID="st4-85"/><SP/><String HEIGHT="23" CONTENT="debate" WIDTH="68" HPOS="552" VPOS="668" ID="st4-86"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="620" VPOS="668" ID="st4-87"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="640" VPOS="668" ID="st4-88"/><SP/><String HEIGHT="23" CONTENT="takes" WIDTH="56" HPOS="712" VPOS="668" ID="st4-89"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="775" VPOS="668" ID="st4-90"/></TextLine><TextLine HPOS="196" VPOS="704" ID="tl4-10" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="704" ID="st4-91"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="241" VPOS="704" ID="st4-92"/><SP/><String HEIGHT="23" CONTENT="Commission" WIDTH="125" HPOS="351" VPOS="704" ID="st4-93"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="476" VPOS="704" ID="st4-94"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="498" VPOS="704" ID="st4-95"/><SP/><String HEIGHT="23" CONTENT="Van" WIDTH="40" HPOS="543" VPOS="704" ID="st4-96"/><SP/><String HEIGHT="23" CONTENT="Rompuy" WIDTH="87" HPOS="593" VPOS="704" ID="st4-97"/><SP/><String HEIGHT="23" CONTENT="Taskforce" WIDTH="94" HPOS="690" VPOS="704" ID="st4-98"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="784" VPOS="704" ID="st4-99"/></TextLine><TextLine HPOS="196" VPOS="740" ID="tl4-11" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="740" ID="st4-100"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="241" VPOS="740" ID="st4-101"/><SP/><String HEIGHT="23" CONTENT="Council" WIDTH="81" HPOS="351" VPOS="740" ID="st4-102"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="35" HPOS="442" VPOS="740" ID="st4-103"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="477" VPOS="740" ID="st4-104"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="499" VPOS="740" ID="st4-105"/><SP/><String HEIGHT="23" CONTENT="course" WIDTH="66" HPOS="530" VPOS="740" ID="st4-106"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="596" VPOS="740" ID="st4-107"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="617" VPOS="740" ID="st4-108"/><SP/><String HEIGHT="23" CONTENT="govern" WIDTH="72" HPOS="712" VPOS="740" ID="st4-109" SUBS_TYPE="HypPart1" SUBS_CONTENT="governments"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="740" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="776" ID="tl4-12" WIDTH="73" HEIGHT="23"><String HEIGHT="23" CONTENT="ments" WIDTH="60" HPOS="196" VPOS="776" ID="st4-110" SUBS_TYPE="HypPart2" SUBS_CONTENT="governments"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="256" VPOS="776" ID="st4-111"/></TextLine><TextLine HPOS="196" VPOS="849" ID="tl4-13" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="A" WIDTH="17" HPOS="196" VPOS="849" ID="st4-112"/><SP/><String HEIGHT="23" CONTENT="glance" WIDTH="69" HPOS="222" VPOS="849" ID="st4-113"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="300" VPOS="849" ID="st4-114"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="330" VPOS="849" ID="st4-115"/><SP/><String HEIGHT="23" CONTENT="media" WIDTH="66" HPOS="373" VPOS="849" ID="st4-116"/><SP/><String HEIGHT="23" CONTENT="gives" WIDTH="53" HPOS="447" VPOS="849" ID="st4-117"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="509" VPOS="849" ID="st4-118"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="553" VPOS="849" ID="st4-119"/><SP/><String HEIGHT="23" CONTENT="entirely" WIDTH="77" HPOS="598" VPOS="849" ID="st4-120"/><SP/><String HEIGHT="23" CONTENT="unjustified" WIDTH="111" HPOS="684" VPOS="849" ID="st4-121"/></TextLine><TextLine HPOS="196" VPOS="885" ID="tl4-14" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="impression" WIDTH="114" HPOS="196" VPOS="885" ID="st4-122"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="319" VPOS="885" ID="st4-123"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="371" VPOS="885" ID="st4-124"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="417" VPOS="885" ID="st4-125"/><SP/><String HEIGHT="23" CONTENT="involves" WIDTH="83" HPOS="468" VPOS="885" ID="st4-126"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="560" VPOS="885" ID="st4-127"/><SP/><String HEIGHT="23" CONTENT="clash" WIDTH="52" HPOS="582" VPOS="885" ID="st4-128"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="643" VPOS="885" ID="st4-129"/><SP/><String HEIGHT="23" CONTENT="entrenched" WIDTH="121" HPOS="674" VPOS="885" ID="st4-130"/></TextLine><TextLine HPOS="196" VPOS="921" ID="tl4-15" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="national" WIDTH="87" HPOS="196" VPOS="921" ID="st4-131"/><SP/><String HEIGHT="23" CONTENT="interests" WIDTH="86" HPOS="296" VPOS="921" ID="st4-132"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="382" VPOS="921" ID="st4-133"/><SP/><String HEIGHT="23" CONTENT="Different" WIDTH="94" HPOS="405" VPOS="921" ID="st4-134"/><SP/><String HEIGHT="23" CONTENT="positions" WIDTH="96" HPOS="512" VPOS="921" ID="st4-135"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="51" HPOS="620" VPOS="921" ID="st4-136"/><SP/><String HEIGHT="23" CONTENT="repeatedly" WIDTH="112" HPOS="683" VPOS="921" ID="st4-137"/></TextLine><TextLine HPOS="196" VPOS="957" ID="tl4-16" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="196" VPOS="957" ID="st4-138"/><SP/><String HEIGHT="23" CONTENT="attributed" WIDTH="105" HPOS="258" VPOS="957" ID="st4-139"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="372" VPOS="957" ID="st4-140"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="403" VPOS="957" ID="st4-141"/><SP/><String HEIGHT="23" CONTENT="two" WIDTH="42" HPOS="446" VPOS="957" ID="st4-142"/><SP/><String HEIGHT="23" CONTENT="leading" WIDTH="78" HPOS="496" VPOS="957" ID="st4-143"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="582" VPOS="957" ID="st4-144"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="93" HPOS="691" VPOS="957" ID="st4-145"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="784" VPOS="957" ID="st4-146"/></TextLine><TextLine HPOS="196" VPOS="993" ID="tl4-17" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="Germany" WIDTH="98" HPOS="196" VPOS="993" ID="st4-147"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="308" VPOS="993" ID="st4-148"/><SP/><String HEIGHT="23" CONTENT="France" WIDTH="66" HPOS="362" VPOS="993" ID="st4-149"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="428" VPOS="993" ID="st4-150"/><SP/><String HEIGHT="23" CONTENT="While" WIDTH="61" HPOS="453" VPOS="993" ID="st4-151"/><SP/><String HEIGHT="23" CONTENT="French" WIDTH="71" HPOS="528" VPOS="993" ID="st4-152"/><SP/><String HEIGHT="23" CONTENT="Finance" WIDTH="81" HPOS="613" VPOS="993" ID="st4-153"/><SP/><String HEIGHT="23" CONTENT="Minister" WIDTH="86" HPOS="708" VPOS="993" ID="st4-154"/></TextLine><TextLine HPOS="196" VPOS="1029" ID="tl4-18" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Christine" WIDTH="95" HPOS="196" VPOS="1029" ID="st4-155"/><SP/><String HEIGHT="23" CONTENT="Lagarde" WIDTH="85" HPOS="303" VPOS="1029" ID="st4-156"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="400" VPOS="1029" ID="st4-157"/><SP/><String HEIGHT="23" CONTENT="repeatedly" WIDTH="111" HPOS="448" VPOS="1029" ID="st4-158"/><SP/><String HEIGHT="23" CONTENT="emphasised" WIDTH="125" HPOS="571" VPOS="1029" ID="st4-159"/><SP/><String HEIGHT="23" CONTENT="German" WIDTH="87" HPOS="708" VPOS="1029" ID="st4-160"/></TextLine><TextLine HPOS="196" VPOS="1065" ID="tl4-19" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="responsibility" WIDTH="139" HPOS="196" VPOS="1065" ID="st4-161"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="349" VPOS="1065" ID="st4-162"/><SP/><String HEIGHT="23" CONTENT="undertake" WIDTH="109" HPOS="385" VPOS="1065" ID="st4-163"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="508" VPOS="1065" ID="st4-164"/><SP/><String HEIGHT="23" CONTENT="expansionary" WIDTH="140" HPOS="548" VPOS="1065" ID="st4-165"/><SP/><String HEIGHT="23" CONTENT="develop" WIDTH="82" HPOS="702" VPOS="1065" ID="st4-166" SUBS_TYPE="HypPart1" SUBS_CONTENT="development"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1065" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1101" ID="tl4-20" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ment" WIDTH="56" HPOS="196" VPOS="1101" ID="st4-167" SUBS_TYPE="HypPart2" SUBS_CONTENT="development"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="259" VPOS="1101" ID="st4-168"/><SP/><String HEIGHT="23" CONTENT="domestic" WIDTH="96" HPOS="288" VPOS="1101" ID="st4-169"/><SP/><String HEIGHT="23" CONTENT="demand" WIDTH="80" HPOS="391" VPOS="1101" ID="st4-170"/><String HEIGHT="23" CONTENT="," WIDTH="14" HPOS="471" VPOS="1101" ID="st4-171"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="492" VPOS="1101" ID="st4-172"/><SP/><String HEIGHT="23" CONTENT="German" WIDTH="86" HPOS="534" VPOS="1101" ID="st4-173"/><SP/><String HEIGHT="23" CONTENT="Chancellor" WIDTH="114" HPOS="627" VPOS="1101" ID="st4-174"/><SP/><String HEIGHT="23" CONTENT="con" WIDTH="36" HPOS="748" VPOS="1101" ID="st4-175" SUBS_TYPE="HypPart1" SUBS_CONTENT="considers"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1101" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1138" ID="tl4-21" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="siders" WIDTH="60" HPOS="196" VPOS="1138" ID="st4-176" SUBS_TYPE="HypPart2" SUBS_CONTENT="considers"/><SP/><String HEIGHT="22" CONTENT="this" WIDTH="37" HPOS="266" VPOS="1138" ID="st4-177"/><SP/><String HEIGHT="22" CONTENT="an" WIDTH="27" HPOS="312" VPOS="1138" ID="st4-178"/><SP/><String HEIGHT="22" CONTENT="intrusion" WIDTH="93" HPOS="348" VPOS="1138" ID="st4-179"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="451" VPOS="1138" ID="st4-180"/><SP/><String HEIGHT="22" CONTENT="domestic" WIDTH="96" HPOS="480" VPOS="1138" ID="st4-181"/><SP/><String HEIGHT="22" CONTENT="policy" WIDTH="56" HPOS="585" VPOS="1138" ID="st4-182"/><String HEIGHT="22" CONTENT="." WIDTH="10" HPOS="641" VPOS="1138" ID="st4-183"/><SP/><String HEIGHT="22" CONTENT="The" WIDTH="39" HPOS="660" VPOS="1138" ID="st4-184"/><SP/><String HEIGHT="22" CONTENT="German" WIDTH="86" HPOS="709" VPOS="1138" ID="st4-185"/></TextLine><TextLine HPOS="196" VPOS="1174" ID="tl4-22" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="position" WIDTH="85" HPOS="196" VPOS="1174" ID="st4-186"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="37" HPOS="288" VPOS="1174" ID="st4-187"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="332" VPOS="1174" ID="st4-188"/><SP/><String HEIGHT="23" CONTENT="briefly" WIDTH="66" HPOS="364" VPOS="1174" ID="st4-189"/><SP/><String HEIGHT="23" CONTENT="summarised" WIDTH="128" HPOS="436" VPOS="1174" ID="st4-190"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="570" VPOS="1174" ID="st4-191"/><SP/><String HEIGHT="23" CONTENT="follows" WIDTH="72" HPOS="599" VPOS="1174" ID="st4-192"/><String HEIGHT="23" CONTENT=":" WIDTH="11" HPOS="671" VPOS="1174" ID="st4-193"/><SP/><String HEIGHT="23" CONTENT="first" WIDTH="40" HPOS="689" VPOS="1174" ID="st4-194"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="735" VPOS="1174" ID="st4-195"/><SP/><String HEIGHT="23" CONTENT="all" WIDTH="23" HPOS="764" VPOS="1174" ID="st4-196"/><String HEIGHT="23" CONTENT="," WIDTH="8" HPOS="787" VPOS="1174" ID="st4-197"/></TextLine><TextLine HPOS="196" VPOS="1210" ID="tl4-23" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="1210" ID="st4-198"/><String HEIGHT="23" CONTENT="»" WIDTH="12" HPOS="240" VPOS="1210" ID="st4-199"/><String HEIGHT="23" CONTENT="problem" WIDTH="90" HPOS="252" VPOS="1210" ID="st4-200"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="100" HPOS="350" VPOS="1210" ID="st4-201"/><String HEIGHT="23" CONTENT="«" WIDTH="12" HPOS="450" VPOS="1210" ID="st4-202"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="470" VPOS="1210" ID="st4-203"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="498" VPOS="1210" ID="st4-204"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="541" VPOS="1210" ID="st4-205"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="13" HPOS="649" VPOS="1210" ID="st4-206"/><SP/><String HEIGHT="23" CONTENT="Greece" WIDTH="69" HPOS="671" VPOS="1210" ID="st4-207"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="740" VPOS="1210" ID="st4-208"/><SP/><String HEIGHT="23" CONTENT="Ire" WIDTH="26" HPOS="761" VPOS="1210" ID="st4-209" SUBS_TYPE="HypPart1" SUBS_CONTENT="Ireland"/><HYP CONTENT="-" WIDTH="8" HPOS="787" VPOS="1210" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1246" ID="tl4-24" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="land" WIDTH="42" HPOS="196" VPOS="1246" ID="st4-210" SUBS_TYPE="HypPart2" SUBS_CONTENT="Ireland"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="238" VPOS="1246" ID="st4-211"/><SP/><String HEIGHT="23" CONTENT="Portugal" WIDTH="89" HPOS="255" VPOS="1246" ID="st4-212"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="350" VPOS="1246" ID="st4-213"/><SP/><String HEIGHT="23" CONTENT="Spain" WIDTH="58" HPOS="396" VPOS="1246" ID="st4-214"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="460" VPOS="1246" ID="st4-215"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="478" VPOS="1246" ID="st4-216"/><SP/><String HEIGHT="23" CONTENT="react" WIDTH="53" HPOS="554" VPOS="1246" ID="st4-217"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="612" VPOS="1246" ID="st4-218"/><SP/><String HEIGHT="23" CONTENT="adjusting" WIDTH="97" HPOS="643" VPOS="1246" ID="st4-219"/><SP/><String HEIGHT="23" CONTENT="their" WIDTH="49" HPOS="746" VPOS="1246" ID="st4-220"/></TextLine><TextLine HPOS="196" VPOS="1282" ID="tl4-25" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="policies" WIDTH="75" HPOS="196" VPOS="1282" ID="st4-221"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="271" VPOS="1282" ID="st4-222"/><SP/><String HEIGHT="23" CONTENT="After" WIDTH="55" HPOS="289" VPOS="1282" ID="st4-223"/><String HEIGHT="23" CONTENT="»" WIDTH="9" HPOS="352" VPOS="1282" ID="st4-224"/><String HEIGHT="23" CONTENT="living" WIDTH="60" HPOS="361" VPOS="1282" ID="st4-225"/><SP/><String HEIGHT="23" CONTENT="beyond" WIDTH="79" HPOS="430" VPOS="1282" ID="st4-226"/><SP/><String HEIGHT="23" CONTENT="their" WIDTH="49" HPOS="517" VPOS="1282" ID="st4-227"/><SP/><String HEIGHT="23" CONTENT="means" WIDTH="69" HPOS="574" VPOS="1282" ID="st4-228"/><String HEIGHT="23" CONTENT="«" WIDTH="14" HPOS="643" VPOS="1282" ID="st4-229"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="666" VPOS="1282" ID="st4-230"/><SP/><String HEIGHT="23" CONTENT="so" WIDTH="24" HPOS="704" VPOS="1282" ID="st4-231"/><SP/><String HEIGHT="23" CONTENT="many" WIDTH="59" HPOS="736" VPOS="1282" ID="st4-232"/></TextLine><TextLine HPOS="196" VPOS="1318" ID="tl4-26" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="years" WIDTH="55" HPOS="196" VPOS="1318" ID="st4-233"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="260" VPOS="1318" ID="st4-234"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="16" HPOS="283" VPOS="1318" ID="st4-235"/><SP/><String HEIGHT="23" CONTENT="high" WIDTH="47" HPOS="308" VPOS="1318" ID="st4-236"/><SP/><String HEIGHT="23" CONTENT="time" WIDTH="47" HPOS="365" VPOS="1318" ID="st4-237"/><SP/><String HEIGHT="23" CONTENT="these" WIDTH="57" HPOS="422" VPOS="1318" ID="st4-238"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="488" VPOS="1318" ID="st4-239"/><SP/><String HEIGHT="23" CONTENT="embraced" WIDTH="106" HPOS="595" VPOS="1318" ID="st4-240"/><SP/><String HEIGHT="23" CONTENT="budget" WIDTH="73" HPOS="710" VPOS="1318" ID="st4-241" SUBS_TYPE="HypPart1" SUBS_CONTENT="budgetary"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1318" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1354" ID="tl4-27" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ary" WIDTH="32" HPOS="196" VPOS="1354" ID="st4-242" SUBS_TYPE="HypPart2" SUBS_CONTENT="budgetary"/><SP/><String HEIGHT="23" CONTENT="discipline" WIDTH="97" HPOS="236" VPOS="1354" ID="st4-243"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="341" VPOS="1354" ID="st4-244"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="389" VPOS="1354" ID="st4-245"/><SP/><String HEIGHT="23" CONTENT="restraint" WIDTH="84" HPOS="455" VPOS="1354" ID="st4-246"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="539" VPOS="1354" ID="st4-247"/><SP/><String HEIGHT="23" CONTENT="Only" WIDTH="48" HPOS="557" VPOS="1354" ID="st4-248"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="613" VPOS="1354" ID="st4-249"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="640" VPOS="1354" ID="st4-250"/><SP/><String HEIGHT="23" CONTENT="way" WIDTH="43" HPOS="686" VPOS="1354" ID="st4-251"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="59" HPOS="736" VPOS="1354" ID="st4-252"/></TextLine><TextLine HPOS="196" VPOS="1390" ID="tl4-28" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="these" WIDTH="57" HPOS="196" VPOS="1390" ID="st4-253"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="98" HPOS="264" VPOS="1390" ID="st4-254"/><SP/><String HEIGHT="23" CONTENT="overcome" WIDTH="104" HPOS="373" VPOS="1390" ID="st4-255"/><SP/><String HEIGHT="23" CONTENT="their" WIDTH="48" HPOS="488" VPOS="1390" ID="st4-256"/><SP/><String HEIGHT="23" CONTENT="budget" WIDTH="77" HPOS="547" VPOS="1390" ID="st4-257"/><SP/><String HEIGHT="23" CONTENT="difficulties" WIDTH="108" HPOS="635" VPOS="1390" ID="st4-258"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="754" VPOS="1390" ID="st4-259"/></TextLine><TextLine HPOS="196" VPOS="1426" ID="tl4-29" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="competitiveness" WIDTH="170" HPOS="196" VPOS="1426" ID="st4-260"/><SP/><String HEIGHT="23" CONTENT="problems" WIDTH="93" HPOS="375" VPOS="1426" ID="st4-261"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="468" VPOS="1426" ID="st4-262"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="88" HPOS="490" VPOS="1426" ID="st4-263"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="578" VPOS="1426" ID="st4-264"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="601" VPOS="1426" ID="st4-265"/><SP/><String HEIGHT="23" CONTENT="its" WIDTH="24" HPOS="657" VPOS="1426" ID="st4-266"/><SP/><String HEIGHT="23" CONTENT="culture" WIDTH="73" HPOS="690" VPOS="1426" ID="st4-267"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="773" VPOS="1426" ID="st4-268"/></TextLine><TextLine HPOS="196" VPOS="1463" ID="tl4-30" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="stability" WIDTH="81" HPOS="196" VPOS="1463" ID="st4-269"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="40" HPOS="285" VPOS="1463" ID="st4-270"/><SP/><String HEIGHT="22" CONTENT="wage" WIDTH="58" HPOS="333" VPOS="1463" ID="st4-271"/><SP/><String HEIGHT="22" CONTENT="moderation" WIDTH="118" HPOS="399" VPOS="1463" ID="st4-272"/><String HEIGHT="22" CONTENT="," WIDTH="12" HPOS="517" VPOS="1463" ID="st4-273"/><SP/><String HEIGHT="22" CONTENT="as" WIDTH="22" HPOS="537" VPOS="1463" ID="st4-274"/><SP/><String HEIGHT="22" CONTENT="well" WIDTH="43" HPOS="567" VPOS="1463" ID="st4-275"/><SP/><String HEIGHT="22" CONTENT="as" WIDTH="22" HPOS="618" VPOS="1463" ID="st4-276"/><SP/><String HEIGHT="22" CONTENT="its" WIDTH="23" HPOS="648" VPOS="1463" ID="st4-277"/><SP/><String HEIGHT="22" CONTENT="debt" WIDTH="48" HPOS="679" VPOS="1463" ID="st4-278"/><SP/><String HEIGHT="22" CONTENT="brake" WIDTH="60" HPOS="735" VPOS="1463" ID="st4-279"/></TextLine><TextLine HPOS="196" VPOS="1499" ID="tl4-31" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="could" WIDTH="59" HPOS="196" VPOS="1499" ID="st4-280"/><SP/><String HEIGHT="23" CONTENT="set" WIDTH="30" HPOS="262" VPOS="1499" ID="st4-281"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="300" VPOS="1499" ID="st4-282"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="89" HPOS="333" VPOS="1499" ID="st4-283"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="429" VPOS="1499" ID="st4-284"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="456" VPOS="1499" ID="st4-285"/><SP/><String HEIGHT="23" CONTENT="respect" WIDTH="72" HPOS="500" VPOS="1499" ID="st4-286"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="572" VPOS="1499" ID="st4-287"/><SP/><String HEIGHT="23" CONTENT="A" WIDTH="17" HPOS="590" VPOS="1499" ID="st4-288"/><SP/><String HEIGHT="23" CONTENT="possible" WIDTH="85" HPOS="614" VPOS="1499" ID="st4-289"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="89" HPOS="706" VPOS="1499" ID="st4-290"/></TextLine><TextLine HPOS="196" VPOS="1535" ID="tl4-32" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="196" VPOS="1535" ID="st4-291"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="234" VPOS="1535" ID="st4-292"/><SP/><String HEIGHT="23" CONTENT="concept" WIDTH="85" HPOS="279" VPOS="1535" ID="st4-293"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="372" VPOS="1535" ID="st4-294"/><String HEIGHT="23" CONTENT="»" WIDTH="11" HPOS="401" VPOS="1535" ID="st4-295"/><String HEIGHT="23" CONTENT="asymmetrical" WIDTH="142" HPOS="412" VPOS="1535" ID="st4-296"/><SP/><String HEIGHT="23" CONTENT="adjustment" WIDTH="120" HPOS="562" VPOS="1535" ID="st4-297"/><String HEIGHT="23" CONTENT="«" WIDTH="13" HPOS="682" VPOS="1535" ID="st4-298"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="58" HPOS="703" VPOS="1535" ID="st4-299"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="768" VPOS="1535" ID="st4-300"/></TextLine><TextLine HPOS="196" VPOS="1571" ID="tl4-33" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="furnished" WIDTH="101" HPOS="196" VPOS="1571" ID="st4-301"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="308" VPOS="1571" ID="st4-302"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="344" VPOS="1571" ID="st4-303"/><SP/><String HEIGHT="23" CONTENT="recent" WIDTH="66" HPOS="389" VPOS="1571" ID="st4-304"/><SP/><String HEIGHT="23" CONTENT="annual" WIDTH="72" HPOS="466" VPOS="1571" ID="st4-305"/><SP/><String HEIGHT="23" CONTENT="report" WIDTH="65" HPOS="549" VPOS="1571" ID="st4-306"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="625" VPOS="1571" ID="st4-307"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="658" VPOS="1571" ID="st4-308"/><SP/><String HEIGHT="23" CONTENT="supreme" WIDTH="91" HPOS="704" VPOS="1571" ID="st4-309"/></TextLine><TextLine HPOS="196" VPOS="1607" ID="tl4-34" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="196" VPOS="1607" ID="st4-310"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="62" HPOS="305" VPOS="1607" ID="st4-311"/><SP/><String HEIGHT="23" CONTENT="advisory" WIDTH="86" HPOS="373" VPOS="1607" ID="st4-312"/><SP/><String HEIGHT="23" CONTENT="committee" WIDTH="114" HPOS="465" VPOS="1607" ID="st4-313"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="585" VPOS="1607" ID="st4-314"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="614" VPOS="1607" ID="st4-315"/><SP/><String HEIGHT="23" CONTENT="German" WIDTH="86" HPOS="655" VPOS="1607" ID="st4-316"/><SP/><String HEIGHT="23" CONTENT="gov" WIDTH="36" HPOS="748" VPOS="1607" ID="st4-317" SUBS_TYPE="HypPart1" SUBS_CONTENT="government"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1607" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1643" ID="tl4-35" WIDTH="591" HEIGHT="23"><String HEIGHT="23" CONTENT="ernment" WIDTH="91" HPOS="196" VPOS="1643" ID="st4-318" SUBS_TYPE="HypPart2" SUBS_CONTENT="government"/><String HEIGHT="23" CONTENT="(" WIDTH="11" HPOS="294" VPOS="1643" ID="st4-319"/><String HEIGHT="23" CONTENT="Sachverständigenrat" WIDTH="211" HPOS="305" VPOS="1643" ID="st4-320"/><SP/><String HEIGHT="23" CONTENT="2010" WIDTH="49" HPOS="523" VPOS="1643" ID="st4-321"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="572" VPOS="1643" ID="st4-322"/><SP/><String HEIGHT="23" CONTENT="points" WIDTH="65" HPOS="592" VPOS="1643" ID="st4-323"/><SP/><String HEIGHT="23" CONTENT="34" WIDTH="27" HPOS="664" VPOS="1643" ID="st4-324"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="698" VPOS="1643" ID="st4-325"/><SP/><String HEIGHT="23" CONTENT="41" WIDTH="21" HPOS="745" VPOS="1643" ID="st4-326"/><String HEIGHT="23" CONTENT=")" WIDTH="10" HPOS="766" VPOS="1643" ID="st4-327"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="776" VPOS="1643" ID="st4-328"/></TextLine><TextLine HPOS="787" VPOS="1642" ID="tl4-36" WIDTH="8" HEIGHT="13"><String HEIGHT="13" CONTENT="1" WIDTH="8" HPOS="787" VPOS="1642" ID="st4-329"/></TextLine><TextLine HPOS="196" VPOS="1715" ID="tl4-37" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="However" WIDTH="86" HPOS="196" VPOS="1715" ID="st4-330"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="282" VPOS="1715" ID="st4-331"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="301" VPOS="1715" ID="st4-332"/><SP/><String HEIGHT="23" CONTENT="strategy" WIDTH="85" HPOS="342" VPOS="1715" ID="st4-333"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="433" VPOS="1715" ID="st4-334"/><SP/><String HEIGHT="23" CONTENT="asymmetrical" WIDTH="139" HPOS="461" VPOS="1715" ID="st4-335"/><SP/><String HEIGHT="23" CONTENT="adjustment" WIDTH="114" HPOS="606" VPOS="1715" ID="st4-336"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="720" VPOS="1715" ID="st4-337"/><SP/><String HEIGHT="23" CONTENT="while" WIDTH="57" HPOS="738" VPOS="1715" ID="st4-338"/></TextLine><TextLine HPOS="196" VPOS="1751" ID="tl4-38" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="continuing" WIDTH="114" HPOS="196" VPOS="1751" ID="st4-339"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="321" VPOS="1751" ID="st4-340"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="379" VPOS="1751" ID="st4-341"/><SP/><String HEIGHT="23" CONTENT="German" WIDTH="86" HPOS="425" VPOS="1751" ID="st4-342"/><SP/><String HEIGHT="23" CONTENT="stability" WIDTH="80" HPOS="522" VPOS="1751" ID="st4-343"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="56" HPOS="613" VPOS="1751" ID="st4-344"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="669" VPOS="1751" ID="st4-345"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="690" VPOS="1751" ID="st4-346"/><SP/><String HEIGHT="23" CONTENT="fraught" WIDTH="79" HPOS="716" VPOS="1751" ID="st4-347"/></TextLine><TextLine HPOS="196" VPOS="1788" ID="tl4-39" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="with" WIDTH="48" HPOS="196" VPOS="1788" ID="st4-348"/><SP/><String HEIGHT="22" CONTENT="risk" WIDTH="34" HPOS="250" VPOS="1788" ID="st4-349"/><String HEIGHT="22" CONTENT="." WIDTH="9" HPOS="284" VPOS="1788" ID="st4-350"/><SP/><String HEIGHT="22" CONTENT="Here" WIDTH="50" HPOS="299" VPOS="1788" ID="st4-351"/><SP/><String HEIGHT="22" CONTENT="it" WIDTH="14" HPOS="355" VPOS="1788" ID="st4-352"/><SP/><String HEIGHT="22" CONTENT="is" WIDTH="16" HPOS="375" VPOS="1788" ID="st4-353"/><SP/><String HEIGHT="22" CONTENT="worth" WIDTH="64" HPOS="397" VPOS="1788" ID="st4-354"/><SP/><String HEIGHT="22" CONTENT="looking" WIDTH="79" HPOS="467" VPOS="1788" ID="st4-355"/><SP/><String HEIGHT="22" CONTENT="at" WIDTH="21" HPOS="553" VPOS="1788" ID="st4-356"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="580" VPOS="1788" ID="st4-357"/><SP/><String HEIGHT="22" CONTENT="current" WIDTH="76" HPOS="621" VPOS="1788" ID="st4-358"/><SP/><String HEIGHT="22" CONTENT="situation" WIDTH="92" HPOS="703" VPOS="1788" ID="st4-359"/></TextLine><TextLine HPOS="196" VPOS="1824" ID="tl4-40" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="196" VPOS="1824" ID="st4-360"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="226" VPOS="1824" ID="st4-361"/><SP/><String HEIGHT="23" CONTENT="periphery" WIDTH="100" HPOS="270" VPOS="1824" ID="st4-362"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="379" VPOS="1824" ID="st4-363"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="70" HPOS="410" VPOS="1824" ID="st4-364"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="480" VPOS="1824" ID="st4-365"/><SP/><String HEIGHT="23" CONTENT="For" WIDTH="33" HPOS="501" VPOS="1824" ID="st4-366"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="84" HPOS="543" VPOS="1824" ID="st4-367"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="627" VPOS="1824" ID="st4-368"/><SP/><String HEIGHT="23" CONTENT="prices" WIDTH="61" HPOS="648" VPOS="1824" ID="st4-369"/><SP/><String HEIGHT="23" CONTENT="fell" WIDTH="32" HPOS="718" VPOS="1824" ID="st4-370"/><SP/><String HEIGHT="23" CONTENT="last" WIDTH="36" HPOS="759" VPOS="1824" ID="st4-371"/></TextLine><TextLine HPOS="196" VPOS="1860" ID="tl4-41" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="year" WIDTH="45" HPOS="196" VPOS="1860" ID="st4-372"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="252" VPOS="1860" ID="st4-373"/><SP/><String HEIGHT="23" CONTENT="Spain" WIDTH="54" HPOS="282" VPOS="1860" ID="st4-374"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="336" VPOS="1860" ID="st4-375"/><SP/><String HEIGHT="23" CONTENT="Portugal" WIDTH="89" HPOS="358" VPOS="1860" ID="st4-376"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="458" VPOS="1860" ID="st4-377"/><SP/><String HEIGHT="23" CONTENT="Ireland" WIDTH="71" HPOS="509" VPOS="1860" ID="st4-378"/><String HEIGHT="23" CONTENT="(" WIDTH="14" HPOS="591" VPOS="1860" ID="st4-379"/><String HEIGHT="23" CONTENT="AMECO" WIDTH="71" HPOS="605" VPOS="1860" ID="st4-380"/><String HEIGHT="23" CONTENT=":" WIDTH="15" HPOS="676" VPOS="1860" ID="st4-381"/><SP/><String HEIGHT="23" CONTENT="–0" WIDTH="23" HPOS="702" VPOS="1860" ID="st4-382"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="725" VPOS="1860" ID="st4-383"/><String HEIGHT="23" CONTENT="2" WIDTH="12" HPOS="737" VPOS="1860" ID="st4-384"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="35" HPOS="760" VPOS="1860" ID="st4-385"/></TextLine><TextLine HPOS="196" VPOS="1896" ID="tl4-42" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="cent" WIDTH="42" HPOS="196" VPOS="1896" ID="st4-386"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="238" VPOS="1896" ID="st4-387"/><SP/><String HEIGHT="23" CONTENT="–0" WIDTH="23" HPOS="259" VPOS="1896" ID="st4-388"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="282" VPOS="1896" ID="st4-389"/><String HEIGHT="23" CONTENT="9" WIDTH="12" HPOS="294" VPOS="1896" ID="st4-390"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="35" HPOS="315" VPOS="1896" ID="st4-391"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="46" HPOS="359" VPOS="1896" ID="st4-392"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="415" VPOS="1896" ID="st4-393"/><SP/><String HEIGHT="23" CONTENT="–1" WIDTH="23" HPOS="464" VPOS="1896" ID="st4-394"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="487" VPOS="1896" ID="st4-395"/><String HEIGHT="23" CONTENT="7" WIDTH="12" HPOS="499" VPOS="1896" ID="st4-396"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="35" HPOS="521" VPOS="1896" ID="st4-397"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="40" HPOS="565" VPOS="1896" ID="st4-398"/><String HEIGHT="23" CONTENT=")" WIDTH="10" HPOS="605" VPOS="1896" ID="st4-399"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="615" VPOS="1896" ID="st4-400"/><SP/><String HEIGHT="23" CONTENT="Due" WIDTH="43" HPOS="634" VPOS="1896" ID="st4-401"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="687" VPOS="1896" ID="st4-402"/><SP/><String HEIGHT="23" CONTENT="budget" WIDTH="77" HPOS="718" VPOS="1896" ID="st4-403"/></TextLine><TextLine HPOS="196" VPOS="1932" ID="tl4-43" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="consolidation" WIDTH="142" HPOS="196" VPOS="1932" ID="st4-404"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="344" VPOS="1932" ID="st4-405"/><SP/><String HEIGHT="23" CONTENT="high" WIDTH="47" HPOS="390" VPOS="1932" ID="st4-406"/><SP/><String HEIGHT="23" CONTENT="unemployment" WIDTH="161" HPOS="443" VPOS="1932" ID="st4-407"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="610" VPOS="1932" ID="st4-408"/><SP/><String HEIGHT="23" CONTENT="these" WIDTH="57" HPOS="635" VPOS="1932" ID="st4-409"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="698" VPOS="1932" ID="st4-410"/></TextLine><TextLine HPOS="196" VPOS="1968" ID="tl4-44" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="1968" ID="st4-411"/><SP/><String HEIGHT="23" CONTENT="pressure" WIDTH="88" HPOS="242" VPOS="1968" ID="st4-412"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="27" HPOS="341" VPOS="1968" ID="st4-413"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="379" VPOS="1968" ID="st4-414"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="458" VPOS="1968" ID="st4-415"/><SP/><String HEIGHT="23" CONTENT="prices" WIDTH="61" HPOS="509" VPOS="1968" ID="st4-416"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="37" HPOS="581" VPOS="1968" ID="st4-417"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="629" VPOS="1968" ID="st4-418"/><SP/><String HEIGHT="23" CONTENT="expected" WIDTH="96" HPOS="666" VPOS="1968" ID="st4-419"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="773" VPOS="1968" ID="st4-420"/></TextLine><TextLine HPOS="196" VPOS="2023" ID="tl4-45" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="1" WIDTH="8" HPOS="196" VPOS="2023" ID="st4-421"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="204" VPOS="2023" ID="st4-422"/><SP/><String HEIGHT="18" CONTENT="Council" WIDTH="63" HPOS="228" VPOS="2023" ID="st4-423"/><SP/><String HEIGHT="18" CONTENT="member" WIDTH="69" HPOS="296" VPOS="2023" ID="st4-424"/><SP/><String HEIGHT="18" CONTENT="Peter" WIDTH="42" HPOS="371" VPOS="2023" ID="st4-425"/><SP/><String HEIGHT="18" CONTENT="Bofinger" WIDTH="71" HPOS="418" VPOS="2023" ID="st4-426"/><SP/><String HEIGHT="18" CONTENT="represents" WIDTH="85" HPOS="494" VPOS="2023" ID="st4-427"/><SP/><String HEIGHT="18" CONTENT="a" WIDTH="10" HPOS="584" VPOS="2023" ID="st4-428"/><SP/><String HEIGHT="18" CONTENT="different" WIDTH="70" HPOS="600" VPOS="2023" ID="st4-429"/><SP/><String HEIGHT="18" CONTENT="view" WIDTH="38" HPOS="676" VPOS="2023" ID="st4-430"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="719" VPOS="2023" ID="st4-431"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="740" VPOS="2023" ID="st4-432"/><SP/><String HEIGHT="18" CONTENT="re" WIDTH="16" HPOS="772" VPOS="2023" ID="st4-433" SUBS_TYPE="HypPart1" SUBS_CONTENT="report"/><HYP CONTENT="-" WIDTH="7" HPOS="788" VPOS="2023" HEIGHT="18"/></TextLine><TextLine HPOS="196" VPOS="2046" ID="tl4-46" WIDTH="176" HEIGHT="18"><String HEIGHT="18" CONTENT="port" WIDTH="32" HPOS="196" VPOS="2046" ID="st4-434" SUBS_TYPE="HypPart2" SUBS_CONTENT="report"/><String HEIGHT="18" CONTENT=";" WIDTH="8" HPOS="228" VPOS="2046" ID="st4-435"/><SP/><String HEIGHT="18" CONTENT="cf" WIDTH="13" HPOS="242" VPOS="2046" ID="st4-436"/><String HEIGHT="18" CONTENT="." WIDTH="7" HPOS="255" VPOS="2046" ID="st4-437"/><SP/><String HEIGHT="18" CONTENT="point" WIDTH="43" HPOS="268" VPOS="2046" ID="st4-438"/><SP/><String HEIGHT="18" CONTENT="218" WIDTH="33" HPOS="316" VPOS="2046" ID="st4-439"/><SP/><String HEIGHT="18" CONTENT="ff" WIDTH="12" HPOS="354" VPOS="2046" ID="st4-440"/><String HEIGHT="18" CONTENT="." WIDTH="6" HPOS="366" VPOS="2046" ID="st4-441"/></TextLine><TextLine HPOS="858" VPOS="488" ID="tl4-47" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="continue" WIDTH="93" HPOS="858" VPOS="488" ID="st4-442"/><SP/><String HEIGHT="22" CONTENT="for" WIDTH="31" HPOS="960" VPOS="488" ID="st4-443"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1000" VPOS="488" ID="st4-444"/><SP/><String HEIGHT="22" CONTENT="foreseeable" WIDTH="122" HPOS="1044" VPOS="488" ID="st4-445"/><SP/><String HEIGHT="22" CONTENT="future" WIDTH="60" HPOS="1176" VPOS="488" ID="st4-446"/><String HEIGHT="22" CONTENT="," WIDTH="11" HPOS="1236" VPOS="488" ID="st4-447"/><SP/><String HEIGHT="22" CONTENT="having" WIDTH="71" HPOS="1257" VPOS="488" ID="st4-448"/><SP/><String HEIGHT="22" CONTENT="positive" WIDTH="81" HPOS="1337" VPOS="488" ID="st4-449"/><SP/><String HEIGHT="22" CONTENT="ef" WIDTH="20" HPOS="1427" VPOS="488" ID="st4-450" SUBS_TYPE="HypPart1" SUBS_CONTENT="effects"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="488" HEIGHT="22"/></TextLine><TextLine HPOS="858" VPOS="524" ID="tl4-48" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="fects" WIDTH="50" HPOS="858" VPOS="524" ID="st4-451" SUBS_TYPE="HypPart2" SUBS_CONTENT="effects"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="916" VPOS="524" ID="st4-452"/><SP/><String HEIGHT="23" CONTENT="these" WIDTH="56" HPOS="953" VPOS="524" ID="st4-453"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="93" HPOS="1018" VPOS="524" ID="st4-454"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="1111" VPOS="524" ID="st4-455"/><SP/><String HEIGHT="23" CONTENT="competitiveness" WIDTH="165" HPOS="1131" VPOS="524" ID="st4-456"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1296" VPOS="524" ID="st4-457"/><SP/><String HEIGHT="23" CONTENT="On" WIDTH="31" HPOS="1316" VPOS="524" ID="st4-458"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1356" VPOS="524" ID="st4-459"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="1399" VPOS="524" ID="st4-460"/></TextLine><TextLine HPOS="858" VPOS="560" ID="tl4-49" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="hand" WIDTH="48" HPOS="858" VPOS="560" ID="st4-461"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="906" VPOS="560" ID="st4-462"/><SP/><String HEIGHT="23" CONTENT="falling" WIDTH="65" HPOS="925" VPOS="560" ID="st4-463"/><SP/><String HEIGHT="23" CONTENT="prices" WIDTH="61" HPOS="996" VPOS="560" ID="st4-464"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="1062" VPOS="560" ID="st4-465"/><SP/><String HEIGHT="23" CONTENT="constitute" WIDTH="105" HPOS="1110" VPOS="560" ID="st4-466"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1221" VPOS="560" ID="st4-467"/><SP/><String HEIGHT="23" CONTENT="burden" WIDTH="76" HPOS="1239" VPOS="560" ID="st4-468"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1321" VPOS="560" ID="st4-469"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1355" VPOS="560" ID="st4-470"/><SP/><String HEIGHT="23" CONTENT="coun" WIDTH="49" HPOS="1395" VPOS="560" ID="st4-471" SUBS_TYPE="HypPart1" SUBS_CONTENT="countries"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="560" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="596" ID="tl4-50" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tries" WIDTH="44" HPOS="858" VPOS="596" ID="st4-472" SUBS_TYPE="HypPart2" SUBS_CONTENT="countries"/><SP/><String HEIGHT="23" CONTENT="affected" WIDTH="87" HPOS="910" VPOS="596" ID="st4-473"/><SP/><String HEIGHT="23" CONTENT="since" WIDTH="53" HPOS="1005" VPOS="596" ID="st4-474"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1066" VPOS="596" ID="st4-475"/><SP/><String HEIGHT="23" CONTENT="revenue" WIDTH="84" HPOS="1109" VPOS="596" ID="st4-476"/><SP/><String HEIGHT="23" CONTENT="situation" WIDTH="92" HPOS="1201" VPOS="596" ID="st4-477"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1301" VPOS="596" ID="st4-478"/><SP/><String HEIGHT="23" CONTENT="debt" WIDTH="49" HPOS="1349" VPOS="596" ID="st4-479"/><SP/><String HEIGHT="23" CONTENT="serv" WIDTH="40" HPOS="1406" VPOS="596" ID="st4-480" SUBS_TYPE="HypPart1" SUBS_CONTENT="servicing"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="596" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="632" ID="tl4-51" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="icing" WIDTH="50" HPOS="858" VPOS="632" ID="st4-481" SUBS_TYPE="HypPart2" SUBS_CONTENT="servicing"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="916" VPOS="632" ID="st4-482"/><SP/><String HEIGHT="23" CONTENT="their" WIDTH="48" HPOS="946" VPOS="632" ID="st4-483"/><SP/><String HEIGHT="23" CONTENT="companies" WIDTH="114" HPOS="1002" VPOS="632" ID="st4-484"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="37" HPOS="1124" VPOS="632" ID="st4-485"/><SP/><String HEIGHT="23" CONTENT="come" WIDTH="58" HPOS="1169" VPOS="632" ID="st4-486"/><SP/><String HEIGHT="23" CONTENT="under" WIDTH="63" HPOS="1235" VPOS="632" ID="st4-487"/><SP/><String HEIGHT="23" CONTENT="pressure" WIDTH="84" HPOS="1305" VPOS="632" ID="st4-488"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1389" VPOS="632" ID="st4-489"/><SP/><String HEIGHT="23" CONTENT="If" WIDTH="14" HPOS="1408" VPOS="632" ID="st4-490"/><String HEIGHT="23" CONTENT="," WIDTH="7" HPOS="1422" VPOS="632" ID="st4-491"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="632" ID="st4-492"/></TextLine><TextLine HPOS="858" VPOS="668" ID="tl4-52" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="these" WIDTH="57" HPOS="858" VPOS="668" ID="st4-493"/><SP/><String HEIGHT="23" CONTENT="circumstances" WIDTH="143" HPOS="926" VPOS="668" ID="st4-494"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1069" VPOS="668" ID="st4-495"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1092" VPOS="668" ID="st4-496"/><SP/><String HEIGHT="23" CONTENT="moderation" WIDTH="123" HPOS="1162" VPOS="668" ID="st4-497"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1296" VPOS="668" ID="st4-498"/><SP/><String HEIGHT="23" CONTENT="budgetary" WIDTH="108" HPOS="1348" VPOS="668" ID="st4-499"/></TextLine><TextLine HPOS="858" VPOS="704" ID="tl4-53" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="discipline" WIDTH="97" HPOS="858" VPOS="704" ID="st4-500"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="965" VPOS="704" ID="st4-501"/><SP/><String HEIGHT="23" CONTENT="maintained" WIDTH="120" HPOS="1008" VPOS="704" ID="st4-502"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1138" VPOS="704" ID="st4-503"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="1168" VPOS="704" ID="st4-504"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="1275" VPOS="704" ID="st4-505"/><SP/><String HEIGHT="23" CONTENT="will" WIDTH="36" HPOS="1323" VPOS="704" ID="st4-506"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="1369" VPOS="704" ID="st4-507"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="1430" VPOS="704" ID="st4-508"/></TextLine><TextLine HPOS="858" VPOS="740" ID="tl4-54" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="additional" WIDTH="105" HPOS="858" VPOS="740" ID="st4-509"/><SP/><String HEIGHT="23" CONTENT="growth" WIDTH="78" HPOS="969" VPOS="740" ID="st4-510"/><SP/><String HEIGHT="23" CONTENT="dampening" WIDTH="121" HPOS="1053" VPOS="740" ID="st4-511"/><SP/><String HEIGHT="23" CONTENT="effect" WIDTH="61" HPOS="1179" VPOS="740" ID="st4-512"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1246" VPOS="740" ID="st4-513"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1280" VPOS="740" ID="st4-514"/><SP/><String HEIGHT="23" CONTENT="southern" WIDTH="94" HPOS="1321" VPOS="740" ID="st4-515"/><SP/><String HEIGHT="23" CONTENT="Eu" WIDTH="24" HPOS="1421" VPOS="740" ID="st4-516" SUBS_TYPE="HypPart1" SUBS_CONTENT="European"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="740" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="776" ID="tl4-55" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ropean" WIDTH="74" HPOS="858" VPOS="776" ID="st4-517" SUBS_TYPE="HypPart2" SUBS_CONTENT="European"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="93" HPOS="943" VPOS="776" ID="st4-518"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1036" VPOS="776" ID="st4-519"/><SP/><String HEIGHT="23" CONTENT="Their" WIDTH="53" HPOS="1058" VPOS="776" ID="st4-520"/><SP/><String HEIGHT="23" CONTENT="export" WIDTH="68" HPOS="1122" VPOS="776" ID="st4-521"/><SP/><String HEIGHT="23" CONTENT="goods" WIDTH="65" HPOS="1201" VPOS="776" ID="st4-522"/><SP/><String HEIGHT="23" CONTENT="industries" WIDTH="102" HPOS="1277" VPOS="776" ID="st4-523"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="1389" VPOS="776" ID="st4-524"/></TextLine><TextLine HPOS="858" VPOS="813" ID="tl4-56" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="scarcely" WIDTH="81" HPOS="858" VPOS="813" ID="st4-525"/><SP/><String HEIGHT="22" CONTENT="be" WIDTH="27" HPOS="948" VPOS="813" ID="st4-526"/><SP/><String HEIGHT="22" CONTENT="able" WIDTH="44" HPOS="984" VPOS="813" ID="st4-527"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="22" HPOS="1037" VPOS="813" ID="st4-528"/><SP/><String HEIGHT="22" CONTENT="improve" WIDTH="86" HPOS="1068" VPOS="813" ID="st4-529"/><SP/><String HEIGHT="22" CONTENT="their" WIDTH="49" HPOS="1163" VPOS="813" ID="st4-530"/><SP/><String HEIGHT="22" CONTENT="competitiveness" WIDTH="165" HPOS="1221" VPOS="813" ID="st4-531"/><String HEIGHT="22" CONTENT="." WIDTH="11" HPOS="1386" VPOS="813" ID="st4-532"/><SP/><String HEIGHT="22" CONTENT="They" WIDTH="50" HPOS="1406" VPOS="813" ID="st4-533"/></TextLine><TextLine HPOS="858" VPOS="849" ID="tl4-57" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="would" WIDTH="66" HPOS="858" VPOS="849" ID="st4-534"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="41" HPOS="934" VPOS="849" ID="st4-535"/><SP/><String HEIGHT="23" CONTENT="suffer" WIDTH="61" HPOS="984" VPOS="849" ID="st4-536"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="1054" VPOS="849" ID="st4-537"/><SP/><String HEIGHT="23" CONTENT="weak" WIDTH="57" HPOS="1114" VPOS="849" ID="st4-538"/><SP/><String HEIGHT="23" CONTENT="domestic" WIDTH="96" HPOS="1180" VPOS="849" ID="st4-539"/><SP/><String HEIGHT="23" CONTENT="demand" WIDTH="88" HPOS="1285" VPOS="849" ID="st4-540"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1382" VPOS="849" ID="st4-541"/><SP/><String HEIGHT="23" CONTENT="Ger" WIDTH="35" HPOS="1410" VPOS="849" ID="st4-542" SUBS_TYPE="HypPart1" SUBS_CONTENT="Germany"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="849" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="885" ID="tl4-58" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="many" WIDTH="58" HPOS="858" VPOS="885" ID="st4-543" SUBS_TYPE="HypPart2" SUBS_CONTENT="Germany"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="925" VPOS="885" ID="st4-544"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="957" VPOS="885" ID="st4-545"/><SP/><String HEIGHT="23" CONTENT="consequence" WIDTH="139" HPOS="978" VPOS="885" ID="st4-546"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1126" VPOS="885" ID="st4-547"/><SP/><String HEIGHT="23" CONTENT="budget" WIDTH="76" HPOS="1158" VPOS="885" ID="st4-548"/><SP/><String HEIGHT="23" CONTENT="consolidation" WIDTH="142" HPOS="1243" VPOS="885" ID="st4-549"/><SP/><String HEIGHT="23" CONTENT="there" WIDTH="51" HPOS="1394" VPOS="885" ID="st4-550"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1445" VPOS="885" ID="st4-551"/></TextLine><TextLine HPOS="858" VPOS="921" ID="tl4-59" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="858" VPOS="921" ID="st4-552"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="58" HPOS="911" VPOS="921" ID="st4-553"/><SP/><String HEIGHT="23" CONTENT="help" WIDTH="46" HPOS="981" VPOS="921" ID="st4-554"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1038" VPOS="921" ID="st4-555"/><SP/><String HEIGHT="23" CONTENT="further" WIDTH="74" HPOS="1071" VPOS="921" ID="st4-556"/><SP/><String HEIGHT="23" CONTENT="destabilise" WIDTH="111" HPOS="1156" VPOS="921" ID="st4-557"/><SP/><String HEIGHT="23" CONTENT="Spain" WIDTH="58" HPOS="1278" VPOS="921" ID="st4-558"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1348" VPOS="921" ID="st4-559"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="1399" VPOS="921" ID="st4-560"/></TextLine><TextLine HPOS="858" VPOS="957" ID="tl4-60" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="economies" WIDTH="114" HPOS="858" VPOS="957" ID="st4-561"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="13" HPOS="980" VPOS="957" ID="st4-562"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1001" VPOS="957" ID="st4-563"/><SP/><String HEIGHT="23" CONTENT="because" WIDTH="86" HPOS="1050" VPOS="957" ID="st4-564"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1144" VPOS="957" ID="st4-565"/><SP/><String HEIGHT="23" CONTENT="its" WIDTH="23" HPOS="1175" VPOS="957" ID="st4-566"/><SP/><String HEIGHT="23" CONTENT="foreign" WIDTH="75" HPOS="1207" VPOS="957" ID="st4-567"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="1291" VPOS="957" ID="st4-568"/><SP/><String HEIGHT="23" CONTENT="entangle" WIDTH="90" HPOS="1355" VPOS="957" ID="st4-569" SUBS_TYPE="HypPart1" SUBS_CONTENT="entanglements"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="957" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="993" ID="tl4-61" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ments" WIDTH="65" HPOS="858" VPOS="993" ID="st4-570" SUBS_TYPE="HypPart2" SUBS_CONTENT="entanglements"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="932" VPOS="993" ID="st4-571"/><SP/><String HEIGHT="23" CONTENT="too" WIDTH="36" HPOS="1039" VPOS="993" ID="st4-572"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="1084" VPOS="993" ID="st4-573"/><SP/><String HEIGHT="23" CONTENT="ultimately" WIDTH="104" HPOS="1160" VPOS="993" ID="st4-574"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="1273" VPOS="993" ID="st4-575"/><SP/><String HEIGHT="23" CONTENT="unable" WIDTH="72" HPOS="1309" VPOS="993" ID="st4-576"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1390" VPOS="993" ID="st4-577"/><SP/><String HEIGHT="23" CONTENT="de" WIDTH="24" HPOS="1421" VPOS="993" ID="st4-578" SUBS_TYPE="HypPart1" SUBS_CONTENT="detach"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="993" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1029" ID="tl4-62" WIDTH="434" HEIGHT="23"><String HEIGHT="23" CONTENT="tach" WIDTH="46" HPOS="858" VPOS="1029" ID="st4-579" SUBS_TYPE="HypPart2" SUBS_CONTENT="detach"/><SP/><String HEIGHT="23" CONTENT="itself" WIDTH="50" HPOS="911" VPOS="1029" ID="st4-580"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="967" VPOS="1029" ID="st4-581"/><SP/><String HEIGHT="23" CONTENT="these" WIDTH="57" HPOS="1025" VPOS="1029" ID="st4-582"/><SP/><String HEIGHT="23" CONTENT="negative" WIDTH="91" HPOS="1089" VPOS="1029" ID="st4-583"/><SP/><String HEIGHT="23" CONTENT="dynamics" WIDTH="94" HPOS="1186" VPOS="1029" ID="st4-584"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1280" VPOS="1029" ID="st4-585"/></TextLine><TextLine HPOS="858" VPOS="1130" ID="tl4-63" WIDTH="518" HEIGHT="33"><String HEIGHT="33" CONTENT="Cross" WIDTH="82" HPOS="858" VPOS="1130" ID="st4-586"/><String HEIGHT="33" CONTENT="-" WIDTH="16" HPOS="940" VPOS="1130" ID="st4-587"/><String HEIGHT="33" CONTENT="border" WIDTH="99" HPOS="956" VPOS="1130" ID="st4-588"/><SP/><String HEIGHT="33" CONTENT="Wage" WIDTH="89" HPOS="1065" VPOS="1130" ID="st4-589"/><SP/><String HEIGHT="33" CONTENT="Coordination" WIDTH="195" HPOS="1164" VPOS="1130" ID="st4-590"/><String HEIGHT="33" CONTENT=":" WIDTH="17" HPOS="1359" VPOS="1130" ID="st4-591"/></TextLine><TextLine HPOS="858" VPOS="1166" ID="tl4-64" WIDTH="659" HEIGHT="33"><String HEIGHT="33" CONTENT="The" WIDTH="56" HPOS="858" VPOS="1166" ID="st4-592"/><SP/><String HEIGHT="33" CONTENT="Metal" WIDTH="88" HPOS="924" VPOS="1166" ID="st4-593"/><SP/><String HEIGHT="33" CONTENT="Sector" WIDTH="97" HPOS="1022" VPOS="1166" ID="st4-594"/><SP/><String HEIGHT="33" CONTENT="in" WIDTH="28" HPOS="1129" VPOS="1166" ID="st4-595"/><SP/><String HEIGHT="33" CONTENT="Germany" WIDTH="128" HPOS="1167" VPOS="1166" ID="st4-596"/><String HEIGHT="33" CONTENT="," WIDTH="19" HPOS="1295" VPOS="1166" ID="st4-597"/><SP/><String HEIGHT="33" CONTENT="Belgium" WIDTH="124" HPOS="1324" VPOS="1166" ID="st4-598"/><SP/><String HEIGHT="33" CONTENT="and" WIDTH="59" HPOS="1458" VPOS="1166" ID="st4-599"/></TextLine><TextLine HPOS="858" VPOS="1202" ID="tl4-65" WIDTH="245" HEIGHT="33"><String HEIGHT="33" CONTENT="the" WIDTH="50" HPOS="858" VPOS="1202" ID="st4-600"/><SP/><String HEIGHT="33" CONTENT="Netherlands" WIDTH="185" HPOS="918" VPOS="1202" ID="st4-601"/></TextLine><TextLine HPOS="858" VPOS="1282" ID="tl4-66" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="Given" WIDTH="61" HPOS="858" VPOS="1282" ID="st4-602"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="926" VPOS="1282" ID="st4-603"/><SP/><String HEIGHT="23" CONTENT="risks" WIDTH="46" HPOS="967" VPOS="1282" ID="st4-604"/><SP/><String HEIGHT="23" CONTENT="involved" WIDTH="88" HPOS="1020" VPOS="1282" ID="st4-605"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1115" VPOS="1282" ID="st4-606"/><SP/><String HEIGHT="23" CONTENT="continuing" WIDTH="114" HPOS="1141" VPOS="1282" ID="st4-607"/><SP/><String HEIGHT="23" CONTENT="unbalanced" WIDTH="123" HPOS="1262" VPOS="1282" ID="st4-608"/><SP/><String HEIGHT="23" CONTENT="devel" WIDTH="54" HPOS="1392" VPOS="1282" ID="st4-609" SUBS_TYPE="HypPart1" SUBS_CONTENT="development"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1282" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1318" ID="tl4-67" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="opment" WIDTH="83" HPOS="858" VPOS="1318" ID="st4-610" SUBS_TYPE="HypPart2" SUBS_CONTENT="development"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="948" VPOS="1318" ID="st4-611"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="974" VPOS="1318" ID="st4-612"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="1015" VPOS="1318" ID="st4-613"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1121" VPOS="1318" ID="st4-614"/><SP/><String HEIGHT="23" CONTENT="search" WIDTH="67" HPOS="1163" VPOS="1318" ID="st4-615"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="1237" VPOS="1318" ID="st4-616"/><SP/><String HEIGHT="23" CONTENT="alternative" WIDTH="112" HPOS="1274" VPOS="1318" ID="st4-617"/><SP/><String HEIGHT="23" CONTENT="devel" WIDTH="54" HPOS="1392" VPOS="1318" ID="st4-618" SUBS_TYPE="HypPart1" SUBS_CONTENT="development"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1318" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1354" ID="tl4-68" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="opment" WIDTH="83" HPOS="858" VPOS="1354" ID="st4-619" SUBS_TYPE="HypPart2" SUBS_CONTENT="development"/><SP/><String HEIGHT="23" CONTENT="paths" WIDTH="58" HPOS="951" VPOS="1354" ID="st4-620"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1019" VPOS="1354" ID="st4-621"/><SP/><String HEIGHT="23" CONTENT="becoming" WIDTH="106" HPOS="1044" VPOS="1354" ID="st4-622"/><SP/><String HEIGHT="23" CONTENT="increasingly" WIDTH="123" HPOS="1159" VPOS="1354" ID="st4-623"/><SP/><String HEIGHT="23" CONTENT="important" WIDTH="101" HPOS="1292" VPOS="1354" ID="st4-624"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1393" VPOS="1354" ID="st4-625"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="1414" VPOS="1354" ID="st4-626"/></TextLine><TextLine HPOS="858" VPOS="1390" ID="tl4-69" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="covers" WIDTH="66" HPOS="858" VPOS="1390" ID="st4-627"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="936" VPOS="1390" ID="st4-628"/><SP/><String HEIGHT="23" CONTENT="broad" WIDTH="62" HPOS="959" VPOS="1390" ID="st4-629"/><SP/><String HEIGHT="23" CONTENT="sweep" WIDTH="68" HPOS="1032" VPOS="1390" ID="st4-630"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1112" VPOS="1390" ID="st4-631"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="1145" VPOS="1390" ID="st4-632"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1259" VPOS="1390" ID="st4-633"/><SP/><String HEIGHT="23" CONTENT="instruments" WIDTH="125" HPOS="1331" VPOS="1390" ID="st4-634"/></TextLine><TextLine HPOS="858" VPOS="1426" ID="tl4-70" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="858" VPOS="1426" ID="st4-635"/><SP/><String HEIGHT="23" CONTENT="regulations" WIDTH="114" HPOS="907" VPOS="1426" ID="st4-636"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1021" VPOS="1426" ID="st4-637"/><SP/><String HEIGHT="23" CONTENT="but" WIDTH="37" HPOS="1040" VPOS="1426" ID="st4-638"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="1085" VPOS="1426" ID="st4-639"/><SP/><String HEIGHT="23" CONTENT="paper" WIDTH="61" HPOS="1132" VPOS="1426" ID="st4-640"/><SP/><String HEIGHT="23" CONTENT="concentrates" WIDTH="136" HPOS="1202" VPOS="1426" ID="st4-641"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1347" VPOS="1426" ID="st4-642"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1383" VPOS="1426" ID="st4-643"/><SP/><String HEIGHT="23" CONTENT="ef" WIDTH="20" HPOS="1427" VPOS="1426" ID="st4-644" SUBS_TYPE="HypPart1" SUBS_CONTENT="effects"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="1426" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1463" ID="tl4-71" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="fects" WIDTH="50" HPOS="858" VPOS="1463" ID="st4-645" SUBS_TYPE="HypPart2" SUBS_CONTENT="effects"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="22" HPOS="913" VPOS="1463" ID="st4-646"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="940" VPOS="1463" ID="st4-647"/><SP/><String HEIGHT="22" CONTENT="trade" WIDTH="55" HPOS="958" VPOS="1463" ID="st4-648"/><SP/><String HEIGHT="22" CONTENT="union" WIDTH="61" HPOS="1019" VPOS="1463" ID="st4-649"/><SP/><String HEIGHT="22" CONTENT="wage" WIDTH="58" HPOS="1085" VPOS="1463" ID="st4-650"/><SP/><String HEIGHT="22" CONTENT="negotiation" WIDTH="121" HPOS="1149" VPOS="1463" ID="st4-651"/><SP/><String HEIGHT="22" CONTENT="network" WIDTH="88" HPOS="1276" VPOS="1463" ID="st4-652"/><SP/><String HEIGHT="22" CONTENT="or" WIDTH="18" HPOS="1369" VPOS="1463" ID="st4-653"/><String HEIGHT="22" CONTENT="," WIDTH="9" HPOS="1387" VPOS="1463" ID="st4-654"/><SP/><String HEIGHT="22" CONTENT="more" WIDTH="54" HPOS="1402" VPOS="1463" ID="st4-655"/></TextLine><TextLine HPOS="858" VPOS="1499" ID="tl4-72" WIDTH="479" HEIGHT="23"><String HEIGHT="23" CONTENT="generally" WIDTH="90" HPOS="858" VPOS="1499" ID="st4-656"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="948" VPOS="1499" ID="st4-657"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="965" VPOS="1499" ID="st4-658"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="1000" VPOS="1499" ID="st4-659"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="62" HPOS="1062" VPOS="1499" ID="st4-660"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1131" VPOS="1499" ID="st4-661"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="130" HPOS="1196" VPOS="1499" ID="st4-662"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1326" VPOS="1499" ID="st4-663"/></TextLine><TextLine HPOS="858" VPOS="1571" ID="tl4-73" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="Naturally" WIDTH="89" HPOS="858" VPOS="1571" ID="st4-664"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="947" VPOS="1571" ID="st4-665"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="968" VPOS="1571" ID="st4-666"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1037" VPOS="1571" ID="st4-667"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1108" VPOS="1571" ID="st4-668"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1138" VPOS="1571" ID="st4-669"/><SP/><String HEIGHT="23" CONTENT="member" WIDTH="89" HPOS="1184" VPOS="1571" ID="st4-670"/><SP/><String HEIGHT="23" CONTENT="states" WIDTH="61" HPOS="1283" VPOS="1571" ID="st4-671"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1355" VPOS="1571" ID="st4-672"/><SP/><String HEIGHT="23" CONTENT="subject" WIDTH="75" HPOS="1381" VPOS="1571" ID="st4-673"/></TextLine><TextLine HPOS="858" VPOS="1607" ID="tl4-74" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="858" VPOS="1607" ID="st4-674"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="892" VPOS="1607" ID="st4-675"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="961" VPOS="1607" ID="st4-676"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1076" VPOS="1607" ID="st4-677"/><SP/><String HEIGHT="23" CONTENT="influences" WIDTH="103" HPOS="1149" VPOS="1607" ID="st4-678"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1252" VPOS="1607" ID="st4-679"/><SP/><String HEIGHT="23" CONTENT="such" WIDTH="49" HPOS="1275" VPOS="1607" ID="st4-680"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="1335" VPOS="1607" ID="st4-681"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="87" HPOS="1369" VPOS="1607" ID="st4-682"/></TextLine><TextLine HPOS="858" VPOS="1643" ID="tl4-75" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="labour" WIDTH="68" HPOS="858" VPOS="1643" ID="st4-683"/><SP/><String HEIGHT="23" CONTENT="market" WIDTH="75" HPOS="937" VPOS="1643" ID="st4-684"/><SP/><String HEIGHT="23" CONTENT="regulations" WIDTH="118" HPOS="1023" VPOS="1643" ID="st4-685"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1152" VPOS="1643" ID="st4-686"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1204" VPOS="1643" ID="st4-687"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="1250" VPOS="1643" ID="st4-688"/><SP/><String HEIGHT="23" CONTENT="situation" WIDTH="92" HPOS="1364" VPOS="1643" ID="st4-689"/></TextLine><TextLine HPOS="858" VPOS="1679" ID="tl4-76" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="858" VPOS="1679" ID="st4-690"/><SP/><String HEIGHT="23" CONTENT="affected" WIDTH="87" HPOS="888" VPOS="1679" ID="st4-691"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="984" VPOS="1679" ID="st4-692"/><SP/><String HEIGHT="23" CONTENT="monetary" WIDTH="102" HPOS="1017" VPOS="1679" ID="st4-693"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1127" VPOS="1679" ID="st4-694"/><SP/><String HEIGHT="23" CONTENT="fiscal" WIDTH="53" HPOS="1176" VPOS="1679" ID="st4-695"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="56" HPOS="1237" VPOS="1679" ID="st4-696"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="1293" VPOS="1679" ID="st4-697"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="38" HPOS="1312" VPOS="1679" ID="st4-698"/><SP/><String HEIGHT="23" CONTENT="founding" WIDTH="97" HPOS="1359" VPOS="1679" ID="st4-699"/></TextLine><TextLine HPOS="858" VPOS="1715" ID="tl4-77" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="858" VPOS="1715" ID="st4-700"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="891" VPOS="1715" ID="st4-701"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="937" VPOS="1715" ID="st4-702"/><SP/><String HEIGHT="23" CONTENT="negotiation" WIDTH="122" HPOS="1007" VPOS="1715" ID="st4-703"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="1140" VPOS="1715" ID="st4-704"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1241" VPOS="1715" ID="st4-705"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1274" VPOS="1715" ID="st4-706"/><SP/><String HEIGHT="23" CONTENT="metal" WIDTH="60" HPOS="1320" VPOS="1715" ID="st4-707"/><SP/><String HEIGHT="23" CONTENT="indus" WIDTH="55" HPOS="1391" VPOS="1715" ID="st4-708" SUBS_TYPE="HypPart1" SUBS_CONTENT="industry"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1715" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1751" ID="tl4-78" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="try" WIDTH="28" HPOS="858" VPOS="1751" ID="st4-709" SUBS_TYPE="HypPart2" SUBS_CONTENT="industry"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="895" VPOS="1751" ID="st4-710"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="961" VPOS="1751" ID="st4-711"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1042" VPOS="1751" ID="st4-712"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="89" HPOS="1074" VPOS="1751" ID="st4-713"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1163" VPOS="1751" ID="st4-714"/><SP/><String HEIGHT="23" CONTENT="Belgium" WIDTH="86" HPOS="1186" VPOS="1751" ID="st4-715"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1282" VPOS="1751" ID="st4-716"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1332" VPOS="1751" ID="st4-717"/><SP/><String HEIGHT="23" CONTENT="Nether" WIDTH="68" HPOS="1377" VPOS="1751" ID="st4-718" SUBS_TYPE="HypPart1" SUBS_CONTENT="Netherlands"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1751" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1788" ID="tl4-79" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="lands" WIDTH="55" HPOS="858" VPOS="1788" ID="st4-719" SUBS_TYPE="HypPart2" SUBS_CONTENT="Netherlands"/><SP/><String HEIGHT="22" CONTENT="considered" WIDTH="115" HPOS="920" VPOS="1788" ID="st4-720"/><SP/><String HEIGHT="22" CONTENT="here" WIDTH="47" HPOS="1041" VPOS="1788" ID="st4-721"/><SP/><String HEIGHT="22" CONTENT="is" WIDTH="15" HPOS="1094" VPOS="1788" ID="st4-722"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="22" HPOS="1116" VPOS="1788" ID="st4-723"/><SP/><String HEIGHT="22" CONTENT="be" WIDTH="27" HPOS="1144" VPOS="1788" ID="st4-724"/><SP/><String HEIGHT="22" CONTENT="seen" WIDTH="44" HPOS="1177" VPOS="1788" ID="st4-725"/><String HEIGHT="22" CONTENT="," WIDTH="12" HPOS="1221" VPOS="1788" ID="st4-726"/><SP/><String HEIGHT="22" CONTENT="among" WIDTH="75" HPOS="1239" VPOS="1788" ID="st4-727"/><SP/><String HEIGHT="22" CONTENT="other" WIDTH="57" HPOS="1321" VPOS="1788" ID="st4-728"/><SP/><String HEIGHT="22" CONTENT="things" WIDTH="61" HPOS="1384" VPOS="1788" ID="st4-729"/><String HEIGHT="22" CONTENT="," WIDTH="11" HPOS="1445" VPOS="1788" ID="st4-730"/></TextLine><TextLine HPOS="858" VPOS="1824" ID="tl4-80" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="against" WIDTH="76" HPOS="858" VPOS="1824" ID="st4-731"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="940" VPOS="1824" ID="st4-732"/><SP/><String HEIGHT="23" CONTENT="background" WIDTH="127" HPOS="981" VPOS="1824" ID="st4-733"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1115" VPOS="1824" ID="st4-734"/><SP/><String HEIGHT="23" CONTENT="such" WIDTH="49" HPOS="1143" VPOS="1824" ID="st4-735"/><SP/><String HEIGHT="23" CONTENT="influences" WIDTH="103" HPOS="1198" VPOS="1824" ID="st4-736"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1301" VPOS="1824" ID="st4-737"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="1318" VPOS="1824" ID="st4-738"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1343" VPOS="1824" ID="st4-739"/><SP/><String HEIGHT="23" CONTENT="1980s" WIDTH="60" HPOS="1384" VPOS="1824" ID="st4-740"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1444" VPOS="1824" ID="st4-741"/></TextLine><TextLine HPOS="858" VPOS="1860" ID="tl4-81" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="pressure" WIDTH="88" HPOS="858" VPOS="1860" ID="st4-742"/><SP/><String HEIGHT="23" CONTENT="was" WIDTH="42" HPOS="952" VPOS="1860" ID="st4-743"/><SP/><String HEIGHT="23" CONTENT="increased" WIDTH="100" HPOS="1000" VPOS="1860" ID="st4-744"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1106" VPOS="1860" ID="st4-745"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1140" VPOS="1860" ID="st4-746"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1181" VPOS="1860" ID="st4-747"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="113" HPOS="1285" VPOS="1860" ID="st4-748"/><SP/><String HEIGHT="23" CONTENT="part" WIDTH="41" HPOS="1405" VPOS="1860" ID="st4-749" SUBS_TYPE="HypPart1" SUBS_CONTENT="partners"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1860" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1896" ID="tl4-82" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ners" WIDTH="44" HPOS="858" VPOS="1896" ID="st4-750" SUBS_TYPE="HypPart2" SUBS_CONTENT="partners"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="909" VPOS="1896" ID="st4-751"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="935" VPOS="1896" ID="st4-752"/><SP/><String HEIGHT="23" CONTENT="Netherlands" WIDTH="122" HPOS="977" VPOS="1896" ID="st4-753"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1099" VPOS="1896" ID="st4-754"/><SP/><String HEIGHT="23" CONTENT="while" WIDTH="57" HPOS="1118" VPOS="1896" ID="st4-755"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1182" VPOS="1896" ID="st4-756"/><SP/><String HEIGHT="23" CONTENT="Belgium" WIDTH="86" HPOS="1208" VPOS="1896" ID="st4-757"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="1301" VPOS="1896" ID="st4-758"/><SP/><String HEIGHT="23" CONTENT="was" WIDTH="42" HPOS="1345" VPOS="1896" ID="st4-759"/><SP/><String HEIGHT="23" CONTENT="inten" WIDTH="52" HPOS="1394" VPOS="1896" ID="st4-760" SUBS_TYPE="HypPart1" SUBS_CONTENT="intensified"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1896" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1932" ID="tl4-83" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="sified" WIDTH="55" HPOS="858" VPOS="1932" ID="st4-761" SUBS_TYPE="HypPart2" SUBS_CONTENT="intensified"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="922" VPOS="1932" ID="st4-762"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="956" VPOS="1932" ID="st4-763"/><SP/><String HEIGHT="23" CONTENT="adoption" WIDTH="96" HPOS="1000" VPOS="1932" ID="st4-764"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1105" VPOS="1932" ID="st4-765"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1136" VPOS="1932" ID="st4-766"/><SP/><String HEIGHT="23" CONTENT="Law" WIDTH="43" HPOS="1179" VPOS="1932" ID="st4-767"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1231" VPOS="1932" ID="st4-768"/><SP/><String HEIGHT="23" CONTENT="Boosting" WIDTH="93" HPOS="1268" VPOS="1932" ID="st4-769"/><SP/><String HEIGHT="23" CONTENT="Employ" WIDTH="74" HPOS="1370" VPOS="1932" ID="st4-770" SUBS_TYPE="HypPart1" SUBS_CONTENT="Employment"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="1932" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1968" ID="tl4-84" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ment" WIDTH="55" HPOS="858" VPOS="1968" ID="st4-771" SUBS_TYPE="HypPart2" SUBS_CONTENT="Employment"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="923" VPOS="1968" ID="st4-772"/><SP/><String HEIGHT="23" CONTENT="Preventive" WIDTH="108" HPOS="974" VPOS="1968" ID="st4-773"/><SP/><String HEIGHT="23" CONTENT="Conservation" WIDTH="140" HPOS="1092" VPOS="1968" ID="st4-774"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1242" VPOS="1968" ID="st4-775"/><SP/><String HEIGHT="23" CONTENT="Competitiveness" WIDTH="170" HPOS="1274" VPOS="1968" ID="st4-776"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1444" VPOS="1968" ID="st4-777"/></TextLine><TextLine HPOS="858" VPOS="2004" ID="tl4-85" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="Political" WIDTH="80" HPOS="858" VPOS="2004" ID="st4-778"/><SP/><String HEIGHT="23" CONTENT="influence" WIDTH="97" HPOS="949" VPOS="2004" ID="st4-779"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="1057" VPOS="2004" ID="st4-780"/><SP/><String HEIGHT="23" CONTENT="manifested" WIDTH="118" HPOS="1109" VPOS="2004" ID="st4-781"/><SP/><String HEIGHT="23" CONTENT="itself" WIDTH="50" HPOS="1238" VPOS="2004" ID="st4-782"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1299" VPOS="2004" ID="st4-783"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="1329" VPOS="2004" ID="st4-784"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="2004" ID="st4-785"/></TextLine><TextLine HPOS="858" VPOS="2040" ID="tl4-86" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="1997" WIDTH="55" HPOS="858" VPOS="2040" ID="st4-786"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="921" VPOS="2040" ID="st4-787"/><SP/><String HEIGHT="23" CONTENT="increasingly" WIDTH="123" HPOS="969" VPOS="2040" ID="st4-788"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="1100" VPOS="2040" ID="st4-789"/><SP/><String HEIGHT="23" CONTENT="1998" WIDTH="56" HPOS="1159" VPOS="2040" ID="st4-790"/><SP/><String HEIGHT="23" CONTENT="within" WIDTH="67" HPOS="1222" VPOS="2040" ID="st4-791"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1297" VPOS="2040" ID="st4-792"/><SP/><String HEIGHT="23" CONTENT="framework" WIDTH="116" HPOS="1340" VPOS="2040" ID="st4-793"/></TextLine><TextLine HPOS="818" VPOS="2254" ID="tl4-87" WIDTH="16" HEIGHT="27"><String HEIGHT="27" CONTENT="4" WIDTH="16" HPOS="818" VPOS="2254" ID="st4-794"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="5" ID="p749087" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749087" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749087" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl5-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st5-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st5-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st5-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st5-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st5-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st5-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st5-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st5-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st5-8"/></TextLine><TextLine HPOS="196" VPOS="307" ID="tl5-1" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="196" VPOS="307" ID="st5-9"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="229" VPOS="307" ID="st5-10"/><String HEIGHT="23" CONTENT="»" WIDTH="10" HPOS="275" VPOS="307" ID="st5-11"/><String HEIGHT="23" CONTENT="Alliance" WIDTH="87" HPOS="285" VPOS="307" ID="st5-12"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="383" VPOS="307" ID="st5-13"/><SP/><String HEIGHT="23" CONTENT="Jobs" WIDTH="44" HPOS="424" VPOS="307" ID="st5-14"/><String HEIGHT="23" CONTENT="«" WIDTH="11" HPOS="468" VPOS="307" ID="st5-15"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="479" VPOS="307" ID="st5-16"/><SP/><String HEIGHT="23" CONTENT="Nevertheless" WIDTH="129" HPOS="501" VPOS="307" ID="st5-17"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="630" VPOS="307" ID="st5-18"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="652" VPOS="307" ID="st5-19"/><SP/><String HEIGHT="23" CONTENT="founding" WIDTH="97" HPOS="698" VPOS="307" ID="st5-20"/></TextLine><TextLine HPOS="196" VPOS="343" ID="tl5-2" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="196" VPOS="343" ID="st5-21"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="227" VPOS="343" ID="st5-22"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="248" VPOS="343" ID="st5-23"/><SP/><String HEIGHT="23" CONTENT="negotiation" WIDTH="123" HPOS="315" VPOS="343" ID="st5-24"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="446" VPOS="343" ID="st5-25"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="544" VPOS="343" ID="st5-26"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="41" HPOS="568" VPOS="343" ID="st5-27"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="618" VPOS="343" ID="st5-28"/><SP/><String HEIGHT="23" CONTENT="expression" WIDTH="111" HPOS="653" VPOS="343" ID="st5-29"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="772" VPOS="343" ID="st5-30"/></TextLine><TextLine HPOS="196" VPOS="379" ID="tl5-3" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="196" VPOS="379" ID="st5-31"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="257" VPOS="379" ID="st5-32"/><SP/><String HEIGHT="23" CONTENT="autonomy" WIDTH="108" HPOS="324" VPOS="379" ID="st5-33"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="437" VPOS="379" ID="st5-34"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="506" VPOS="379" ID="st5-35"/><SP/><String HEIGHT="23" CONTENT="contribute" WIDTH="110" HPOS="549" VPOS="379" ID="st5-36"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="664" VPOS="379" ID="st5-37"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="102" HPOS="692" VPOS="379" ID="st5-38"/></TextLine><TextLine HPOS="196" VPOS="415" ID="tl5-4" WIDTH="210" HEIGHT="23"><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="196" VPOS="415" ID="st5-39"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="131" HPOS="264" VPOS="415" ID="st5-40"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="395" VPOS="415" ID="st5-41"/></TextLine><TextLine HPOS="196" VPOS="488" ID="tl5-5" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="On" WIDTH="32" HPOS="196" VPOS="488" ID="st5-42"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="241" VPOS="488" ID="st5-43"/><SP/><String HEIGHT="22" CONTENT="whole" WIDTH="60" HPOS="288" VPOS="488" ID="st5-44"/><String HEIGHT="22" CONTENT="," WIDTH="12" HPOS="348" VPOS="488" ID="st5-45"/><SP/><String HEIGHT="22" CONTENT="since" WIDTH="53" HPOS="372" VPOS="488" ID="st5-46"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="438" VPOS="488" ID="st5-47"/><SP/><String HEIGHT="22" CONTENT="1990s" WIDTH="65" HPOS="485" VPOS="488" ID="st5-48"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="563" VPOS="488" ID="st5-49"/><SP/><String HEIGHT="22" CONTENT="metal" WIDTH="60" HPOS="610" VPOS="488" ID="st5-50"/><SP/><String HEIGHT="22" CONTENT="sector" WIDTH="64" HPOS="682" VPOS="488" ID="st5-51"/><SP/><String HEIGHT="22" CONTENT="has" WIDTH="36" HPOS="758" VPOS="488" ID="st5-52"/></TextLine><TextLine HPOS="196" VPOS="524" ID="tl5-6" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="played" WIDTH="70" HPOS="196" VPOS="524" ID="st5-53"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="275" VPOS="524" ID="st5-54"/><SP/><String HEIGHT="23" CONTENT="pioneering" WIDTH="114" HPOS="297" VPOS="524" ID="st5-55"/><SP/><String HEIGHT="23" CONTENT="role" WIDTH="40" HPOS="421" VPOS="524" ID="st5-56"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="470" VPOS="524" ID="st5-57"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="499" VPOS="524" ID="st5-58"/><SP/><String HEIGHT="23" CONTENT="still" WIDTH="34" HPOS="544" VPOS="524" ID="st5-59"/><SP/><String HEIGHT="23" CONTENT="relatively" WIDTH="92" HPOS="588" VPOS="524" ID="st5-60"/><SP/><String HEIGHT="23" CONTENT="recent" WIDTH="66" HPOS="690" VPOS="524" ID="st5-61"/><SP/><String HEIGHT="23" CONTENT="ef" WIDTH="20" HPOS="766" VPOS="524" ID="st5-62" SUBS_TYPE="HypPart1" SUBS_CONTENT="efforts"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="524" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="560" ID="tl5-7" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="forts" WIDTH="49" HPOS="196" VPOS="560" ID="st5-63" SUBS_TYPE="HypPart2" SUBS_CONTENT="efforts"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="253" VPOS="560" ID="st5-64"/><SP/><String HEIGHT="23" CONTENT="establish" WIDTH="92" HPOS="283" VPOS="560" ID="st5-65"/><SP/><String HEIGHT="23" CONTENT="cross" WIDTH="54" HPOS="383" VPOS="560" ID="st5-66"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="437" VPOS="560" ID="st5-67"/><String HEIGHT="23" CONTENT="border" WIDTH="66" HPOS="448" VPOS="560" ID="st5-68"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="522" VPOS="560" ID="st5-69"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="664" VPOS="560" ID="st5-70"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="694" VPOS="560" ID="st5-71"/><SP/><String HEIGHT="23" CONTENT="ne" WIDTH="24" HPOS="760" VPOS="560" ID="st5-72" SUBS_TYPE="HypPart1" SUBS_CONTENT="negotiations"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="560" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="596" ID="tl5-8" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="gotiations" WIDTH="105" HPOS="196" VPOS="596" ID="st5-73" SUBS_TYPE="HypPart2" SUBS_CONTENT="negotiations"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="307" VPOS="596" ID="st5-74"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="69" HPOS="332" VPOS="596" ID="st5-75"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="401" VPOS="596" ID="st5-76"/><SP/><String HEIGHT="23" CONTENT="Especially" WIDTH="100" HPOS="418" VPOS="596" ID="st5-77"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="523" VPOS="596" ID="st5-78"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="548" VPOS="596" ID="st5-79"/><SP/><String HEIGHT="23" CONTENT="run" WIDTH="36" HPOS="588" VPOS="596" ID="st5-80"/><SP/><String HEIGHT="23" CONTENT="up" WIDTH="28" HPOS="629" VPOS="596" ID="st5-81"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="662" VPOS="596" ID="st5-82"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="690" VPOS="596" ID="st5-83"/><SP/><String HEIGHT="23" CONTENT="estab" WIDTH="55" HPOS="729" VPOS="596" ID="st5-84" SUBS_TYPE="HypPart1" SUBS_CONTENT="establishment"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="596" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="632" ID="tl5-9" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="lishment" WIDTH="91" HPOS="196" VPOS="632" ID="st5-85" SUBS_TYPE="HypPart2" SUBS_CONTENT="establishment"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="295" VPOS="632" ID="st5-86"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="325" VPOS="632" ID="st5-87"/><SP/><String HEIGHT="23" CONTENT="Euro" WIDTH="49" HPOS="368" VPOS="632" ID="st5-88"/><SP/><String HEIGHT="23" CONTENT="area" WIDTH="45" HPOS="425" VPOS="632" ID="st5-89"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="479" VPOS="632" ID="st5-90"/><SP/><String HEIGHT="23" CONTENT="activities" WIDTH="90" HPOS="522" VPOS="632" ID="st5-91"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="620" VPOS="632" ID="st5-92"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="651" VPOS="632" ID="st5-93"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="694" VPOS="632" ID="st5-94"/></TextLine><TextLine HPOS="196" VPOS="668" ID="tl5-10" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Metalworkers" WIDTH="141" HPOS="196" VPOS="668" ID="st5-95"/><String HEIGHT="23" CONTENT="’" WIDTH="12" HPOS="337" VPOS="668" ID="st5-96"/><SP/><String HEIGHT="23" CONTENT="Federation" WIDTH="113" HPOS="357" VPOS="668" ID="st5-97"/><String HEIGHT="23" CONTENT="(" WIDTH="12" HPOS="477" VPOS="668" ID="st5-98"/><String HEIGHT="23" CONTENT="EMF" WIDTH="36" HPOS="489" VPOS="668" ID="st5-99"/><String HEIGHT="23" CONTENT=")" WIDTH="12" HPOS="525" VPOS="668" ID="st5-100"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="545" VPOS="668" ID="st5-101"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="575" VPOS="668" ID="st5-102"/><SP/><String HEIGHT="23" CONTENT="umbrella" WIDTH="92" HPOS="618" VPOS="668" ID="st5-103"/><SP/><String HEIGHT="23" CONTENT="organi" WIDTH="66" HPOS="718" VPOS="668" ID="st5-104" SUBS_TYPE="HypPart1" SUBS_CONTENT="organisation"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="668" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="704" ID="tl5-11" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="sation" WIDTH="64" HPOS="196" VPOS="704" ID="st5-105" SUBS_TYPE="HypPart2" SUBS_CONTENT="organisation"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="266" VPOS="704" ID="st5-106"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="294" VPOS="704" ID="st5-107"/><SP/><String HEIGHT="23" CONTENT="metalworkers" WIDTH="140" HPOS="385" VPOS="704" ID="st5-108"/><String HEIGHT="23" CONTENT="’" WIDTH="12" HPOS="525" VPOS="704" ID="st5-109"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="542" VPOS="704" ID="st5-110"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="619" VPOS="704" ID="st5-111"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="74" HPOS="644" VPOS="704" ID="st5-112"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="724" VPOS="704" ID="st5-113"/></TextLine><TextLine HPOS="196" VPOS="740" ID="tl5-12" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="196" VPOS="740" ID="st5-114"/><SP/><String HEIGHT="23" CONTENT="mentioned" WIDTH="109" HPOS="233" VPOS="740" ID="st5-115"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="342" VPOS="740" ID="st5-116"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="365" VPOS="740" ID="st5-117"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="36" HPOS="414" VPOS="740" ID="st5-118"/><String HEIGHT="23" CONTENT="’" WIDTH="12" HPOS="450" VPOS="740" ID="st5-119"/><String HEIGHT="23" CONTENT="s" WIDTH="12" HPOS="462" VPOS="740" ID="st5-120"/><SP/><String HEIGHT="23" CONTENT="decisive" WIDTH="82" HPOS="484" VPOS="740" ID="st5-121"/><String HEIGHT="23" CONTENT="»" WIDTH="10" HPOS="576" VPOS="740" ID="st5-122"/><String HEIGHT="23" CONTENT="Position" WIDTH="87" HPOS="586" VPOS="740" ID="st5-123"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="683" VPOS="740" ID="st5-124"/><SP/><String HEIGHT="23" CONTENT="Collec" WIDTH="64" HPOS="721" VPOS="740" ID="st5-125" SUBS_TYPE="HypPart1" SUBS_CONTENT="Collective"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="740" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="776" ID="tl5-13" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tive" WIDTH="38" HPOS="196" VPOS="776" ID="st5-126" SUBS_TYPE="HypPart2" SUBS_CONTENT="Collective"/><SP/><String HEIGHT="23" CONTENT="Bargaining" WIDTH="114" HPOS="242" VPOS="776" ID="st5-127"/><SP/><String HEIGHT="23" CONTENT="Policy" WIDTH="62" HPOS="364" VPOS="776" ID="st5-128"/><String HEIGHT="23" CONTENT="«" WIDTH="11" HPOS="426" VPOS="776" ID="st5-129"/><SP/><String HEIGHT="23" CONTENT="was" WIDTH="42" HPOS="445" VPOS="776" ID="st5-130"/><SP/><String HEIGHT="23" CONTENT="adopted" WIDTH="89" HPOS="495" VPOS="776" ID="st5-131"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="592" VPOS="776" ID="st5-132"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="621" VPOS="776" ID="st5-133"/><SP/><String HEIGHT="23" CONTENT="conference" WIDTH="118" HPOS="641" VPOS="776" ID="st5-134"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="767" VPOS="776" ID="st5-135"/></TextLine><TextLine HPOS="196" VPOS="813" ID="tl5-14" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="collective" WIDTH="98" HPOS="196" VPOS="813" ID="st5-136"/><SP/><String HEIGHT="22" CONTENT="bargaining" WIDTH="114" HPOS="304" VPOS="813" ID="st5-137"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="429" VPOS="813" ID="st5-138"/><SP/><String HEIGHT="22" CONTENT="1993" WIDTH="49" HPOS="460" VPOS="813" ID="st5-139"/><String HEIGHT="22" CONTENT="." WIDTH="13" HPOS="509" VPOS="813" ID="st5-140"/><SP/><String HEIGHT="22" CONTENT="According" WIDTH="108" HPOS="533" VPOS="813" ID="st5-141"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="22" HPOS="652" VPOS="813" ID="st5-142"/><SP/><String HEIGHT="22" CONTENT="this" WIDTH="38" HPOS="685" VPOS="813" ID="st5-143"/><SP/><String HEIGHT="22" CONTENT="docu" WIDTH="49" HPOS="734" VPOS="813" ID="st5-144" SUBS_TYPE="HypPart1" SUBS_CONTENT="document"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="813" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="849" ID="tl5-15" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ment" WIDTH="50" HPOS="196" VPOS="849" ID="st5-145" SUBS_TYPE="HypPart2" SUBS_CONTENT="document"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="246" VPOS="849" ID="st5-146"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="264" VPOS="849" ID="st5-147"/><SP/><String HEIGHT="23" CONTENT="agreements" WIDTH="125" HPOS="328" VPOS="849" ID="st5-148"/><SP/><String HEIGHT="23" CONTENT="entered" WIDTH="82" HPOS="458" VPOS="849" ID="st5-149"/><SP/><String HEIGHT="23" CONTENT="into" WIDTH="42" HPOS="545" VPOS="849" ID="st5-150"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="592" VPOS="849" ID="st5-151"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="623" VPOS="849" ID="st5-152"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="663" VPOS="849" ID="st5-153"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="724" VPOS="849" ID="st5-154"/></TextLine><TextLine HPOS="196" VPOS="885" ID="tl5-16" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="196" VPOS="885" ID="st5-155"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="275" VPOS="885" ID="st5-156"/><SP/><String HEIGHT="23" CONTENT="oriented" WIDTH="89" HPOS="310" VPOS="885" ID="st5-157"/><SP/><String HEIGHT="23" CONTENT="towards" WIDTH="86" HPOS="407" VPOS="885" ID="st5-158"/><String HEIGHT="23" CONTENT="»" WIDTH="11" HPOS="501" VPOS="885" ID="st5-159"/><String HEIGHT="23" CONTENT="regular" WIDTH="77" HPOS="512" VPOS="885" ID="st5-160"/><SP/><String HEIGHT="23" CONTENT="annual" WIDTH="72" HPOS="598" VPOS="885" ID="st5-161"/><SP/><String HEIGHT="23" CONTENT="compensa" WIDTH="104" HPOS="678" VPOS="885" ID="st5-162" SUBS_TYPE="HypPart1" SUBS_CONTENT="compensation"/><HYP CONTENT="-" WIDTH="13" HPOS="782" VPOS="885" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="921" ID="tl5-17" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tion" WIDTH="42" HPOS="196" VPOS="921" ID="st5-163" SUBS_TYPE="HypPart2" SUBS_CONTENT="compensation"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="247" VPOS="921" ID="st5-164"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="52" HPOS="287" VPOS="921" ID="st5-165"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="96" HPOS="348" VPOS="921" ID="st5-166"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="453" VPOS="921" ID="st5-167"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="56" HPOS="482" VPOS="921" ID="st5-168"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="548" VPOS="921" ID="st5-169"/><SP/><String HEIGHT="23" CONTENT="protect" WIDTH="76" HPOS="579" VPOS="921" ID="st5-170"/><SP/><String HEIGHT="23" CONTENT="real" WIDTH="38" HPOS="665" VPOS="921" ID="st5-171"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="713" VPOS="921" ID="st5-172"/><String HEIGHT="23" CONTENT="«" WIDTH="14" HPOS="781" VPOS="921" ID="st5-173"/></TextLine><TextLine HPOS="196" VPOS="957" ID="tl5-18" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="(" WIDTH="13" HPOS="196" VPOS="957" ID="st5-174"/><String HEIGHT="23" CONTENT="EMF" WIDTH="40" HPOS="209" VPOS="957" ID="st5-175"/><SP/><String HEIGHT="23" CONTENT="1993" WIDTH="46" HPOS="259" VPOS="957" ID="st5-176"/><String HEIGHT="23" CONTENT=")" WIDTH="11" HPOS="305" VPOS="957" ID="st5-177"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="316" VPOS="957" ID="st5-178"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="338" VPOS="957" ID="st5-179"/><SP/><String HEIGHT="23" CONTENT="addition" WIDTH="83" HPOS="367" VPOS="957" ID="st5-180"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="450" VPOS="957" ID="st5-181"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="471" VPOS="957" ID="st5-182"/><SP/><String HEIGHT="23" CONTENT="resolution" WIDTH="106" HPOS="515" VPOS="957" ID="st5-183"/><SP/><String HEIGHT="23" CONTENT="provides" WIDTH="89" HPOS="630" VPOS="957" ID="st5-184"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="728" VPOS="957" ID="st5-185"/><String HEIGHT="23" CONTENT="»" WIDTH="13" HPOS="768" VPOS="957" ID="st5-186"/><String HEIGHT="23" CONTENT="a" WIDTH="14" HPOS="781" VPOS="957" ID="st5-187"/></TextLine><TextLine HPOS="196" VPOS="993" ID="tl5-19" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="share" WIDTH="57" HPOS="196" VPOS="993" ID="st5-188"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="265" VPOS="993" ID="st5-189"/><SP/><String HEIGHT="23" CONTENT="productivity" WIDTH="125" HPOS="297" VPOS="993" ID="st5-190"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="96" HPOS="434" VPOS="993" ID="st5-191"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="542" VPOS="993" ID="st5-192"/><SP/><String HEIGHT="23" CONTENT="employees" WIDTH="109" HPOS="584" VPOS="993" ID="st5-193"/><String HEIGHT="23" CONTENT="«" WIDTH="12" HPOS="693" VPOS="993" ID="st5-194"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="705" VPOS="993" ID="st5-195"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="65" HPOS="730" VPOS="993" ID="st5-196"/></TextLine><TextLine HPOS="196" VPOS="1029" ID="tl5-20" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="generally" WIDTH="97" HPOS="196" VPOS="1029" ID="st5-197"/><SP/><String HEIGHT="23" CONTENT="means" WIDTH="70" HPOS="308" VPOS="1029" ID="st5-198"/><SP/><String HEIGHT="23" CONTENT="cross" WIDTH="51" HPOS="392" VPOS="1029" ID="st5-199"/><String HEIGHT="23" CONTENT="-" WIDTH="10" HPOS="443" VPOS="1029" ID="st5-200"/><String HEIGHT="23" CONTENT="sectoral" WIDTH="83" HPOS="453" VPOS="1029" ID="st5-201"/><SP/><String HEIGHT="23" CONTENT="productivity" WIDTH="126" HPOS="551" VPOS="1029" ID="st5-202"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="93" HPOS="691" VPOS="1029" ID="st5-203"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="784" VPOS="1029" ID="st5-204"/></TextLine><TextLine HPOS="196" VPOS="1065" ID="tl5-21" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="since" WIDTH="53" HPOS="196" VPOS="1065" ID="st5-205"/><SP/><String HEIGHT="23" CONTENT="otherwise" WIDTH="104" HPOS="259" VPOS="1065" ID="st5-206"/><SP/><String HEIGHT="23" CONTENT="relative" WIDTH="76" HPOS="372" VPOS="1065" ID="st5-207"/><SP/><String HEIGHT="23" CONTENT="allocations" WIDTH="112" HPOS="458" VPOS="1065" ID="st5-208"/><SP/><String HEIGHT="23" CONTENT="between" WIDTH="93" HPOS="580" VPOS="1065" ID="st5-209"/><SP/><String HEIGHT="23" CONTENT="employees" WIDTH="113" HPOS="682" VPOS="1065" ID="st5-210"/></TextLine><TextLine HPOS="196" VPOS="1101" ID="tl5-22" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="196" VPOS="1101" ID="st5-211"/><SP/><String HEIGHT="23" CONTENT="different" WIDTH="91" HPOS="222" VPOS="1101" ID="st5-212"/><SP/><String HEIGHT="23" CONTENT="sectors" WIDTH="73" HPOS="320" VPOS="1101" ID="st5-213"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="400" VPOS="1101" ID="st5-214"/><SP/><String HEIGHT="23" CONTENT="highly" WIDTH="64" HPOS="419" VPOS="1101" ID="st5-215"/><SP/><String HEIGHT="23" CONTENT="productive" WIDTH="113" HPOS="489" VPOS="1101" ID="st5-216"/><SP/><String HEIGHT="23" CONTENT="industrial" WIDTH="97" HPOS="608" VPOS="1101" ID="st5-217"/><SP/><String HEIGHT="23" CONTENT="produc" WIDTH="72" HPOS="712" VPOS="1101" ID="st5-218" SUBS_TYPE="HypPart1" SUBS_CONTENT="production"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1101" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1138" ID="tl5-23" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="tion" WIDTH="42" HPOS="196" VPOS="1138" ID="st5-219" SUBS_TYPE="HypPart2" SUBS_CONTENT="production"/><SP/><String HEIGHT="22" CONTENT="versus" WIDTH="65" HPOS="248" VPOS="1138" ID="st5-220"/><SP/><String HEIGHT="22" CONTENT="low" WIDTH="38" HPOS="324" VPOS="1138" ID="st5-221"/><SP/><String HEIGHT="22" CONTENT="productive" WIDTH="112" HPOS="373" VPOS="1138" ID="st5-222"/><SP/><String HEIGHT="22" CONTENT="services" WIDTH="80" HPOS="495" VPOS="1138" ID="st5-223"/><SP/><String HEIGHT="22" CONTENT="–" WIDTH="13" HPOS="585" VPOS="1138" ID="st5-224"/><SP/><String HEIGHT="22" CONTENT="would" WIDTH="67" HPOS="608" VPOS="1138" ID="st5-225"/><SP/><String HEIGHT="22" CONTENT="drift" WIDTH="44" HPOS="685" VPOS="1138" ID="st5-226"/><SP/><String HEIGHT="22" CONTENT="apart" WIDTH="56" HPOS="739" VPOS="1138" ID="st5-227"/></TextLine><TextLine HPOS="196" VPOS="1174" ID="tl5-24" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="markedly" WIDTH="90" HPOS="196" VPOS="1174" ID="st5-228"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="286" VPOS="1174" ID="st5-229"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="307" VPOS="1174" ID="st5-230"/><SP/><String HEIGHT="23" CONTENT="guiding" WIDTH="80" HPOS="358" VPOS="1174" ID="st5-231"/><SP/><String HEIGHT="23" CONTENT="principle" WIDTH="91" HPOS="447" VPOS="1174" ID="st5-232"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="547" VPOS="1174" ID="st5-233"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="586" VPOS="1174" ID="st5-234"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="653" VPOS="1174" ID="st5-235"/><SP/><String HEIGHT="23" CONTENT="will" WIDTH="37" HPOS="723" VPOS="1174" ID="st5-236"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="768" VPOS="1174" ID="st5-237"/></TextLine><TextLine HPOS="196" VPOS="1210" ID="tl5-25" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="referred" WIDTH="84" HPOS="196" VPOS="1210" ID="st5-238"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="285" VPOS="1210" ID="st5-239"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="313" VPOS="1210" ID="st5-240"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="341" VPOS="1210" ID="st5-241"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="45" HPOS="381" VPOS="1210" ID="st5-242"/><SP/><String HEIGHT="23" CONTENT="guideline" WIDTH="93" HPOS="432" VPOS="1210" ID="st5-243"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="525" VPOS="1210" ID="st5-244"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="541" VPOS="1210" ID="st5-245"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="89" HPOS="566" VPOS="1210" ID="st5-246"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="655" VPOS="1210" ID="st5-247"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="673" VPOS="1210" ID="st5-248"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="734" VPOS="1210" ID="st5-249"/></TextLine><TextLine HPOS="196" VPOS="1246" ID="tl5-26" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="representatives" WIDTH="159" HPOS="196" VPOS="1246" ID="st5-250"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="41" HPOS="361" VPOS="1246" ID="st5-251"/><SP/><String HEIGHT="23" CONTENT="like" WIDTH="36" HPOS="408" VPOS="1246" ID="st5-252"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="450" VPOS="1246" ID="st5-253"/><SP/><String HEIGHT="23" CONTENT="talk" WIDTH="39" HPOS="478" VPOS="1246" ID="st5-254"/><SP/><String HEIGHT="23" CONTENT="about" WIDTH="63" HPOS="522" VPOS="1246" ID="st5-255"/><String HEIGHT="23" CONTENT="»" WIDTH="12" HPOS="590" VPOS="1246" ID="st5-256"/><String HEIGHT="23" CONTENT="scope" WIDTH="63" HPOS="602" VPOS="1246" ID="st5-257"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="671" VPOS="1246" ID="st5-258"/><SP/><String HEIGHT="23" CONTENT="distribu" WIDTH="79" HPOS="707" VPOS="1246" ID="st5-259" SUBS_TYPE="HypPart1" SUBS_CONTENT="distribution"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1246" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1282" ID="tl5-27" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tion" WIDTH="42" HPOS="196" VPOS="1282" ID="st5-260" SUBS_TYPE="HypPart2" SUBS_CONTENT="distribution"/><String HEIGHT="23" CONTENT="«" WIDTH="10" HPOS="238" VPOS="1282" ID="st5-261"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="248" VPOS="1282" ID="st5-262"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="264" VPOS="1282" ID="st5-263"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="45" HPOS="309" VPOS="1282" ID="st5-264"/><SP/><String HEIGHT="23" CONTENT="guideline" WIDTH="97" HPOS="360" VPOS="1282" ID="st5-265"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="462" VPOS="1282" ID="st5-266"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="505" VPOS="1282" ID="st5-267"/><SP/><String HEIGHT="23" CONTENT="linked" WIDTH="64" HPOS="537" VPOS="1282" ID="st5-268"/><SP/><String HEIGHT="23" CONTENT="especially" WIDTH="100" HPOS="607" VPOS="1282" ID="st5-269"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="712" VPOS="1282" ID="st5-270"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="740" VPOS="1282" ID="st5-271"/></TextLine><TextLine HPOS="196" VPOS="1318" ID="tl5-28" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="union" WIDTH="62" HPOS="196" VPOS="1318" ID="st5-272"/><SP/><String HEIGHT="23" CONTENT="value" WIDTH="55" HPOS="268" VPOS="1318" ID="st5-273"/><SP/><String HEIGHT="23" CONTENT="orientations" WIDTH="127" HPOS="333" VPOS="1318" ID="st5-274"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="470" VPOS="1318" ID="st5-275"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="499" VPOS="1318" ID="st5-276"/><SP/><String HEIGHT="23" CONTENT="metal" WIDTH="60" HPOS="544" VPOS="1318" ID="st5-277"/><SP/><String HEIGHT="23" CONTENT="sector" WIDTH="60" HPOS="614" VPOS="1318" ID="st5-278"/><String HEIGHT="23" CONTENT=";" WIDTH="11" HPOS="674" VPOS="1318" ID="st5-279"/><SP/><String HEIGHT="23" CONTENT="economi" WIDTH="88" HPOS="695" VPOS="1318" ID="st5-280" SUBS_TYPE="HypPart1" SUBS_CONTENT="economically"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1318" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1354" ID="tl5-29" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="cally" WIDTH="42" HPOS="196" VPOS="1354" ID="st5-281" SUBS_TYPE="HypPart2" SUBS_CONTENT="economically"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="238" VPOS="1354" ID="st5-282"/><SP/><String HEIGHT="23" CONTENT="problems" WIDTH="98" HPOS="258" VPOS="1354" ID="st5-283"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="367" VPOS="1354" ID="st5-284"/><SP/><String HEIGHT="23" CONTENT="cooperation" WIDTH="128" HPOS="425" VPOS="1354" ID="st5-285"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="564" VPOS="1354" ID="st5-286"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="594" VPOS="1354" ID="st5-287"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="99" HPOS="640" VPOS="1354" ID="st5-288"/><SP/><String HEIGHT="23" CONTENT="may" WIDTH="45" HPOS="750" VPOS="1354" ID="st5-289"/></TextLine><TextLine HPOS="196" VPOS="1390" ID="tl5-30" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="196" VPOS="1390" ID="st5-290"/><SP/><String HEIGHT="23" CONTENT="linked" WIDTH="64" HPOS="231" VPOS="1390" ID="st5-291"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="304" VPOS="1390" ID="st5-292"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="35" HPOS="335" VPOS="1390" ID="st5-293"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="370" VPOS="1390" ID="st5-294"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="388" VPOS="1390" ID="st5-295"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="57" HPOS="416" VPOS="1390" ID="st5-296"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="481" VPOS="1390" ID="st5-297"/><SP/><String HEIGHT="23" CONTENT="assess" WIDTH="64" HPOS="512" VPOS="1390" ID="st5-298"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="585" VPOS="1390" ID="st5-299"/><SP/><String HEIGHT="23" CONTENT="effectiveness" WIDTH="136" HPOS="628" VPOS="1390" ID="st5-300"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="773" VPOS="1390" ID="st5-301"/></TextLine><TextLine HPOS="196" VPOS="1426" ID="tl5-31" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="1426" ID="st5-302"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="240" VPOS="1426" ID="st5-303"/><SP/><String HEIGHT="23" CONTENT="negotiation" WIDTH="122" HPOS="308" VPOS="1426" ID="st5-304"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="439" VPOS="1426" ID="st5-305"/><SP/><String HEIGHT="23" CONTENT="first" WIDTH="40" HPOS="537" VPOS="1426" ID="st5-306"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="586" VPOS="1426" ID="st5-307"/><SP/><String HEIGHT="23" CONTENT="all" WIDTH="23" HPOS="618" VPOS="1426" ID="st5-308"/><SP/><String HEIGHT="23" CONTENT="reference" WIDTH="99" HPOS="651" VPOS="1426" ID="st5-309"/><SP/><String HEIGHT="23" CONTENT="will" WIDTH="36" HPOS="759" VPOS="1426" ID="st5-310"/></TextLine><TextLine HPOS="196" VPOS="1463" ID="tl5-32" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="be" WIDTH="27" HPOS="196" VPOS="1463" ID="st5-311"/><SP/><String HEIGHT="22" CONTENT="made" WIDTH="59" HPOS="231" VPOS="1463" ID="st5-312"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="23" HPOS="298" VPOS="1463" ID="st5-313"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="328" VPOS="1463" ID="st5-314"/><SP/><String HEIGHT="22" CONTENT="EMF" WIDTH="46" HPOS="371" VPOS="1463" ID="st5-315"/><SP/><String HEIGHT="22" CONTENT="guideline" WIDTH="93" HPOS="425" VPOS="1463" ID="st5-316"/><String HEIGHT="22" CONTENT="," WIDTH="11" HPOS="518" VPOS="1463" ID="st5-317"/><SP/><String HEIGHT="22" CONTENT="which" WIDTH="64" HPOS="537" VPOS="1463" ID="st5-318"/><SP/><String HEIGHT="22" CONTENT="is" WIDTH="15" HPOS="609" VPOS="1463" ID="st5-319"/><SP/><String HEIGHT="22" CONTENT="decisive" WIDTH="82" HPOS="632" VPOS="1463" ID="st5-320"/><SP/><String HEIGHT="22" CONTENT="for" WIDTH="30" HPOS="722" VPOS="1463" ID="st5-321"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="760" VPOS="1463" ID="st5-322"/></TextLine><TextLine HPOS="196" VPOS="1499" ID="tl5-33" WIDTH="299" HEIGHT="23"><String HEIGHT="23" CONTENT="metal" WIDTH="60" HPOS="196" VPOS="1499" ID="st5-323"/><SP/><String HEIGHT="23" CONTENT="industry" WIDTH="85" HPOS="263" VPOS="1499" ID="st5-324"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="355" VPOS="1499" ID="st5-325"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="66" HPOS="417" VPOS="1499" ID="st5-326"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="483" VPOS="1499" ID="st5-327"/></TextLine><TextLine HPOS="196" VPOS="1571" ID="tl5-34" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="196" VPOS="1571" ID="st5-328"/><SP/><String HEIGHT="23" CONTENT="resolutions" WIDTH="115" HPOS="246" VPOS="1571" ID="st5-329"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="371" VPOS="1571" ID="st5-330"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="404" VPOS="1571" ID="st5-331"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="46" HPOS="450" VPOS="1571" ID="st5-332"/><SP/><String HEIGHT="23" CONTENT="first" WIDTH="41" HPOS="506" VPOS="1571" ID="st5-333"/><SP/><String HEIGHT="23" CONTENT="achieved" WIDTH="93" HPOS="557" VPOS="1571" ID="st5-334"/><SP/><String HEIGHT="23" CONTENT="practical" WIDTH="89" HPOS="661" VPOS="1571" ID="st5-335"/><SP/><String HEIGHT="23" CONTENT="rel" WIDTH="27" HPOS="760" VPOS="1571" ID="st5-336" SUBS_TYPE="HypPart1" SUBS_CONTENT="relevance"/><HYP CONTENT="-" WIDTH="8" HPOS="787" VPOS="1571" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1607" ID="tl5-35" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="evance" WIDTH="74" HPOS="196" VPOS="1607" ID="st5-337" SUBS_TYPE="HypPart2" SUBS_CONTENT="relevance"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="276" VPOS="1607" ID="st5-338"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="329" VPOS="1607" ID="st5-339"/><SP/><String HEIGHT="23" CONTENT="founding" WIDTH="98" HPOS="370" VPOS="1607" ID="st5-340"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="474" VPOS="1607" ID="st5-341"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="502" VPOS="1607" ID="st5-342"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="521" VPOS="1607" ID="st5-343"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="616" VPOS="1607" ID="st5-344"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="653" VPOS="1607" ID="st5-345"/><SP/><String HEIGHT="23" CONTENT="exchange" WIDTH="102" HPOS="693" VPOS="1607" ID="st5-346"/></TextLine><TextLine HPOS="196" VPOS="1643" ID="tl5-36" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="196" VPOS="1643" ID="st5-347"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="98" HPOS="231" VPOS="1643" ID="st5-348"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="341" VPOS="1643" ID="st5-349"/><SP/><String HEIGHT="23" CONTENT="information" WIDTH="126" HPOS="467" VPOS="1643" ID="st5-350"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="605" VPOS="1643" ID="st5-351"/><SP/><String HEIGHT="23" CONTENT="personnel" WIDTH="105" HPOS="658" VPOS="1643" ID="st5-352"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="775" VPOS="1643" ID="st5-353"/></TextLine><TextLine HPOS="196" VPOS="1679" ID="tl5-37" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="1997" WIDTH="50" HPOS="196" VPOS="1679" ID="st5-354"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="246" VPOS="1679" ID="st5-355"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="266" VPOS="1679" ID="st5-356"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="63" HPOS="294" VPOS="1679" ID="st5-357"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="365" VPOS="1679" ID="st5-358"/><SP/><String HEIGHT="23" CONTENT="regional" WIDTH="86" HPOS="407" VPOS="1679" ID="st5-359"/><SP/><String HEIGHT="23" CONTENT="organisation" WIDTH="132" HPOS="501" VPOS="1679" ID="st5-360"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="640" VPOS="1679" ID="st5-361"/><SP/><String HEIGHT="23" CONTENT="IG" WIDTH="23" HPOS="670" VPOS="1679" ID="st5-362"/><SP/><String HEIGHT="23" CONTENT="Metall" WIDTH="67" HPOS="701" VPOS="1679" ID="st5-363"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="775" VPOS="1679" ID="st5-364"/></TextLine><TextLine HPOS="196" VPOS="1715" ID="tl5-38" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="North" WIDTH="61" HPOS="196" VPOS="1715" ID="st5-365"/><SP/><String HEIGHT="23" CONTENT="Rhine" WIDTH="56" HPOS="268" VPOS="1715" ID="st5-366"/><String HEIGHT="23" CONTENT="-" WIDTH="12" HPOS="324" VPOS="1715" ID="st5-367"/><String HEIGHT="23" CONTENT="Westphalia" WIDTH="113" HPOS="336" VPOS="1715" ID="st5-368"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="449" VPOS="1715" ID="st5-369"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="471" VPOS="1715" ID="st5-370"/><SP/><String HEIGHT="23" CONTENT="two" WIDTH="42" HPOS="517" VPOS="1715" ID="st5-371"/><SP/><String HEIGHT="23" CONTENT="Belgian" WIDTH="78" HPOS="569" VPOS="1715" ID="st5-372"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="658" VPOS="1715" ID="st5-373"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="724" VPOS="1715" ID="st5-374"/></TextLine><TextLine HPOS="196" VPOS="1751" ID="tl5-39" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="CCMB" WIDTH="70" HPOS="196" VPOS="1751" ID="st5-375"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="273" VPOS="1751" ID="st5-376"/><SP/><String HEIGHT="23" CONTENT="CMB" WIDTH="53" HPOS="320" VPOS="1751" ID="st5-377"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="380" VPOS="1751" ID="st5-378"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="427" VPOS="1751" ID="st5-379"/><SP/><String HEIGHT="23" CONTENT="Dutch" WIDTH="64" HPOS="469" VPOS="1751" ID="st5-380"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="540" VPOS="1751" ID="st5-381"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="603" VPOS="1751" ID="st5-382"/><SP/><String HEIGHT="23" CONTENT="FNV" WIDTH="43" HPOS="681" VPOS="1751" ID="st5-383"/><SP/><String HEIGHT="23" CONTENT="Bond" WIDTH="52" HPOS="731" VPOS="1751" ID="st5-384" SUBS_TYPE="HypPart1" SUBS_CONTENT="Bondgenoten"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1751" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1788" ID="tl5-40" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="genoten" WIDTH="89" HPOS="196" VPOS="1788" ID="st5-385" SUBS_TYPE="HypPart2" SUBS_CONTENT="Bondgenoten"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="40" HPOS="292" VPOS="1788" ID="st5-386"/><SP/><String HEIGHT="22" CONTENT="CNV" WIDTH="49" HPOS="338" VPOS="1788" ID="st5-387"/><SP/><String HEIGHT="22" CONTENT="Bedrijvenbond" WIDTH="153" HPOS="393" VPOS="1788" ID="st5-388"/><SP/><String HEIGHT="22" CONTENT="participated" WIDTH="122" HPOS="553" VPOS="1788" ID="st5-389"/><String HEIGHT="22" CONTENT="." WIDTH="11" HPOS="675" VPOS="1788" ID="st5-390"/><SP/><String HEIGHT="22" CONTENT="Given" WIDTH="62" HPOS="692" VPOS="1788" ID="st5-391"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="760" VPOS="1788" ID="st5-392"/></TextLine><TextLine HPOS="196" VPOS="1824" ID="tl5-41" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="cross" WIDTH="52" HPOS="196" VPOS="1824" ID="st5-393"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="248" VPOS="1824" ID="st5-394"/><String HEIGHT="23" CONTENT="regional" WIDTH="85" HPOS="259" VPOS="1824" ID="st5-395"/><SP/><String HEIGHT="23" CONTENT="importance" WIDTH="121" HPOS="356" VPOS="1824" ID="st5-396"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="489" VPOS="1824" ID="st5-397"/><SP/><String HEIGHT="23" CONTENT="IG" WIDTH="23" HPOS="524" VPOS="1824" ID="st5-398"/><SP/><String HEIGHT="23" CONTENT="Metall" WIDTH="60" HPOS="559" VPOS="1824" ID="st5-399"/><String HEIGHT="23" CONTENT="’" WIDTH="10" HPOS="619" VPOS="1824" ID="st5-400"/><String HEIGHT="23" CONTENT="s" WIDTH="11" HPOS="629" VPOS="1824" ID="st5-401"/><SP/><String HEIGHT="23" CONTENT="North" WIDTH="62" HPOS="652" VPOS="1824" ID="st5-402"/><SP/><String HEIGHT="23" CONTENT="Rhine" WIDTH="57" HPOS="726" VPOS="1824" ID="st5-403" SUBS_TYPE="HypPart1" SUBS_CONTENT="RhineWestphalian"/><HYP CONTENT="-" WIDTH="11" HPOS="783" VPOS="1824" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1860" ID="tl5-42" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Westphalian" WIDTH="133" HPOS="196" VPOS="1860" ID="st5-404" SUBS_TYPE="HypPart2" SUBS_CONTENT="RhineWestphalian"/><SP/><String HEIGHT="23" CONTENT="regional" WIDTH="86" HPOS="342" VPOS="1860" ID="st5-405"/><SP/><String HEIGHT="23" CONTENT="organisation" WIDTH="133" HPOS="441" VPOS="1860" ID="st5-406"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="587" VPOS="1860" ID="st5-407"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="631" VPOS="1860" ID="st5-408"/><SP/><String HEIGHT="23" CONTENT="develop" WIDTH="81" HPOS="703" VPOS="1860" ID="st5-409" SUBS_TYPE="HypPart1" SUBS_CONTENT="development"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1860" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1896" ID="tl5-43" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ment" WIDTH="56" HPOS="196" VPOS="1896" ID="st5-410" SUBS_TYPE="HypPart2" SUBS_CONTENT="development"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="257" VPOS="1896" ID="st5-411"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="282" VPOS="1896" ID="st5-412"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="384" VPOS="1896" ID="st5-413"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="403" VPOS="1896" ID="st5-414"/><SP/><String HEIGHT="23" CONTENT="reasonable" WIDTH="114" HPOS="424" VPOS="1896" ID="st5-415"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="543" VPOS="1896" ID="st5-416"/><SP/><String HEIGHT="23" CONTENT="describe" WIDTH="87" HPOS="571" VPOS="1896" ID="st5-417"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="663" VPOS="1896" ID="st5-418"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="706" VPOS="1896" ID="st5-419"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="734" VPOS="1896" ID="st5-420"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="20" HPOS="765" VPOS="1896" ID="st5-421" SUBS_TYPE="HypPart1" SUBS_CONTENT="attempt"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="1896" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1932" ID="tl5-44" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tempt" WIDTH="64" HPOS="196" VPOS="1932" ID="st5-422" SUBS_TYPE="HypPart2" SUBS_CONTENT="attempt"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="266" VPOS="1932" ID="st5-423"/><SP/><String HEIGHT="23" CONTENT="cross" WIDTH="54" HPOS="293" VPOS="1932" ID="st5-424"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="347" VPOS="1932" ID="st5-425"/><String HEIGHT="23" CONTENT="border" WIDTH="66" HPOS="358" VPOS="1932" ID="st5-426"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="430" VPOS="1932" ID="st5-427"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="494" VPOS="1932" ID="st5-428"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="135" HPOS="561" VPOS="1932" ID="st5-429"/><SP/><String HEIGHT="23" CONTENT="between" WIDTH="93" HPOS="702" VPOS="1932" ID="st5-430"/></TextLine><TextLine HPOS="196" VPOS="1968" ID="tl5-45" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="196" VPOS="1968" ID="st5-431"/><SP/><String HEIGHT="23" CONTENT="sectoral" WIDTH="81" HPOS="292" VPOS="1968" ID="st5-432"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="383" VPOS="1968" ID="st5-433"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="66" HPOS="447" VPOS="1968" ID="st5-434"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="513" VPOS="1968" ID="st5-435"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="534" VPOS="1968" ID="st5-436"/><SP/><String HEIGHT="23" CONTENT="results" WIDTH="68" HPOS="582" VPOS="1968" ID="st5-437"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="659" VPOS="1968" ID="st5-438"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="690" VPOS="1968" ID="st5-439"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="736" VPOS="1968" ID="st5-440"/></TextLine><TextLine HPOS="196" VPOS="2004" ID="tl5-46" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="coordination" WIDTH="135" HPOS="196" VPOS="2004" ID="st5-441"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="340" VPOS="2004" ID="st5-442"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="438" VPOS="2004" ID="st5-443"/><SP/><String HEIGHT="23" CONTENT="interesting" WIDTH="112" HPOS="480" VPOS="2004" ID="st5-444"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="601" VPOS="2004" ID="st5-445"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="640" VPOS="2004" ID="st5-446"/><SP/><String HEIGHT="23" CONTENT="debate" WIDTH="74" HPOS="684" VPOS="2004" ID="st5-447"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="767" VPOS="2004" ID="st5-448"/></TextLine><TextLine HPOS="196" VPOS="2040" ID="tl5-47" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="196" VPOS="2040" ID="st5-449"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="305" VPOS="2040" ID="st5-450"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="372" VPOS="2040" ID="st5-451"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="512" VPOS="2040" ID="st5-452"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="537" VPOS="2040" ID="st5-453"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="578" VPOS="2040" ID="st5-454"/><SP/><String HEIGHT="23" CONTENT="because" WIDTH="87" HPOS="683" VPOS="2040" ID="st5-455"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="775" VPOS="2040" ID="st5-456"/></TextLine><TextLine HPOS="858" VPOS="307" ID="tl5-48" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="307" ID="st5-457"/><SP/><String HEIGHT="23" CONTENT="past" WIDTH="44" HPOS="899" VPOS="307" ID="st5-458"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="98" HPOS="949" VPOS="307" ID="st5-459"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1053" VPOS="307" ID="st5-460"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1099" VPOS="307" ID="st5-461"/><SP/><String HEIGHT="23" CONTENT="Netherlands" WIDTH="128" HPOS="1140" VPOS="307" ID="st5-462"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1274" VPOS="307" ID="st5-463"/><SP/><String HEIGHT="23" CONTENT="particular" WIDTH="100" HPOS="1300" VPOS="307" ID="st5-464"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="1406" VPOS="307" ID="st5-465"/></TextLine><TextLine HPOS="858" VPOS="343" ID="tl5-49" WIDTH="348" HEIGHT="23"><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="858" VPOS="343" ID="st5-466"/><SP/><String HEIGHT="23" CONTENT="accused" WIDTH="84" HPOS="918" VPOS="343" ID="st5-467"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1009" VPOS="343" ID="st5-468"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="1038" VPOS="343" ID="st5-469"/><SP/><String HEIGHT="23" CONTENT="dumping" WIDTH="89" HPOS="1104" VPOS="343" ID="st5-470"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1193" VPOS="343" ID="st5-471"/></TextLine><TextLine HPOS="1206" VPOS="342" ID="tl5-50" WIDTH="9" HEIGHT="13"><String HEIGHT="13" CONTENT="2" WIDTH="9" HPOS="1206" VPOS="342" ID="st5-472"/></TextLine><TextLine HPOS="858" VPOS="415" ID="tl5-51" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="As" WIDTH="26" HPOS="858" VPOS="415" ID="st5-473"/><SP/><String HEIGHT="23" CONTENT="base" WIDTH="49" HPOS="893" VPOS="415" ID="st5-474"/><SP/><String HEIGHT="23" CONTENT="year" WIDTH="45" HPOS="951" VPOS="415" ID="st5-475"/><SP/><String HEIGHT="23" CONTENT="when" WIDTH="60" HPOS="1005" VPOS="415" ID="st5-476"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1074" VPOS="415" ID="st5-477"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="1118" VPOS="415" ID="st5-478"/><SP/><String HEIGHT="23" CONTENT="might" WIDTH="62" HPOS="1216" VPOS="415" ID="st5-479"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="1288" VPOS="415" ID="st5-480"/><SP/><String HEIGHT="23" CONTENT="supposed" WIDTH="102" HPOS="1323" VPOS="415" ID="st5-481"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1434" VPOS="415" ID="st5-482"/></TextLine><TextLine HPOS="858" VPOS="451" ID="tl5-52" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="858" VPOS="451" ID="st5-483"/><SP/><String HEIGHT="23" CONTENT="begun" WIDTH="68" HPOS="917" VPOS="451" ID="st5-484"/><SP/><String HEIGHT="23" CONTENT="we" WIDTH="32" HPOS="994" VPOS="451" ID="st5-485"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="1035" VPOS="451" ID="st5-486"/><SP/><String HEIGHT="23" CONTENT="chosen" WIDTH="75" HPOS="1094" VPOS="451" ID="st5-487"/><SP/><String HEIGHT="23" CONTENT="1999" WIDTH="56" HPOS="1178" VPOS="451" ID="st5-488"/><SP/><String HEIGHT="23" CONTENT="since" WIDTH="53" HPOS="1243" VPOS="451" ID="st5-489"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1305" VPOS="451" ID="st5-490"/><SP/><String HEIGHT="23" CONTENT="first" WIDTH="40" HPOS="1349" VPOS="451" ID="st5-491"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1398" VPOS="451" ID="st5-492"/></TextLine><TextLine HPOS="858" VPOS="488" ID="tl5-53" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="negotiations" WIDTH="132" HPOS="858" VPOS="488" ID="st5-493"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="1000" VPOS="488" ID="st5-494"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1029" VPOS="488" ID="st5-495"/><SP/><String HEIGHT="22" CONTENT="year" WIDTH="44" HPOS="1074" VPOS="488" ID="st5-496"/><SP/><String HEIGHT="22" CONTENT="after" WIDTH="50" HPOS="1128" VPOS="488" ID="st5-497"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="1188" VPOS="488" ID="st5-498"/><SP/><String HEIGHT="22" CONTENT="establishment" WIDTH="148" HPOS="1232" VPOS="488" ID="st5-499"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="23" HPOS="1389" VPOS="488" ID="st5-500"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1421" VPOS="488" ID="st5-501"/></TextLine><TextLine HPOS="858" VPOS="524" ID="tl5-54" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="858" VPOS="524" ID="st5-502"/><String HEIGHT="23" CONTENT="(" WIDTH="8" HPOS="957" VPOS="524" ID="st5-503"/><String HEIGHT="23" CONTENT="in" WIDTH="18" HPOS="965" VPOS="524" ID="st5-504"/><SP/><String HEIGHT="23" CONTENT="1998" WIDTH="49" HPOS="994" VPOS="524" ID="st5-505"/><String HEIGHT="23" CONTENT=")" WIDTH="13" HPOS="1043" VPOS="524" ID="st5-506"/><SP/><String HEIGHT="23" CONTENT="had" WIDTH="41" HPOS="1066" VPOS="524" ID="st5-507"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="1117" VPOS="524" ID="st5-508"/><SP/><String HEIGHT="23" CONTENT="effect" WIDTH="60" HPOS="1154" VPOS="524" ID="st5-509"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1224" VPOS="524" ID="st5-510"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="1262" VPOS="524" ID="st5-511"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="1331" VPOS="524" ID="st5-512"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="524" ID="st5-513"/></TextLine><TextLine HPOS="858" VPOS="560" ID="tl5-55" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="1999" WIDTH="49" HPOS="858" VPOS="560" ID="st5-514"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="907" VPOS="560" ID="st5-515"/><SP/><String HEIGHT="23" CONTENT="We" WIDTH="36" HPOS="930" VPOS="560" ID="st5-516"/><SP/><String HEIGHT="23" CONTENT="shall" WIDTH="47" HPOS="976" VPOS="560" ID="st5-517"/><SP/><String HEIGHT="23" CONTENT="now" WIDTH="48" HPOS="1033" VPOS="560" ID="st5-518"/><SP/><String HEIGHT="23" CONTENT="present" WIDTH="79" HPOS="1091" VPOS="560" ID="st5-519"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="1180" VPOS="560" ID="st5-520"/><SP/><String HEIGHT="23" CONTENT="overview" WIDTH="95" HPOS="1216" VPOS="560" ID="st5-521"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1321" VPOS="560" ID="st5-522"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1353" VPOS="560" ID="st5-523"/><SP/><String HEIGHT="23" CONTENT="de" WIDTH="24" HPOS="1421" VPOS="560" ID="st5-524" SUBS_TYPE="HypPart1" SUBS_CONTENT="developments"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="560" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="596" ID="tl5-56" WIDTH="583" HEIGHT="23"><String HEIGHT="23" CONTENT="velopments" WIDTH="122" HPOS="858" VPOS="596" ID="st5-525" SUBS_TYPE="HypPart2" SUBS_CONTENT="developments"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="987" VPOS="596" ID="st5-526"/><SP/><String HEIGHT="23" CONTENT="Belgium" WIDTH="81" HPOS="1013" VPOS="596" ID="st5-527"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1094" VPOS="596" ID="st5-528"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="98" HPOS="1113" VPOS="596" ID="st5-529"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1218" VPOS="596" ID="st5-530"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1265" VPOS="596" ID="st5-531"/><SP/><String HEIGHT="23" CONTENT="Netherlands" WIDTH="123" HPOS="1306" VPOS="596" ID="st5-532"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1429" VPOS="596" ID="st5-533"/></TextLine><TextLine HPOS="858" VPOS="668" ID="tl5-57" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="A" WIDTH="16" HPOS="858" VPOS="668" ID="st5-534"/><SP/><String HEIGHT="23" CONTENT="first" WIDTH="40" HPOS="880" VPOS="668" ID="st5-535"/><SP/><String HEIGHT="23" CONTENT="look" WIDTH="46" HPOS="925" VPOS="668" ID="st5-536"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="976" VPOS="668" ID="st5-537"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1003" VPOS="668" ID="st5-538"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="1066" VPOS="668" ID="st5-539"/><SP/><String HEIGHT="23" CONTENT="due" WIDTH="40" HPOS="1167" VPOS="668" ID="st5-540"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="1212" VPOS="668" ID="st5-541"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1240" VPOS="668" ID="st5-542"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="1342" VPOS="668" ID="st5-543"/></TextLine><TextLine HPOS="858" VPOS="704" ID="tl5-58" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="858" VPOS="704" ID="st5-544"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="885" VPOS="704" ID="st5-545"/><SP/><String HEIGHT="23" CONTENT="metal" WIDTH="59" HPOS="928" VPOS="704" ID="st5-546"/><SP/><String HEIGHT="23" CONTENT="sector" WIDTH="64" HPOS="995" VPOS="704" ID="st5-547"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1067" VPOS="704" ID="st5-548"/><SP/><String HEIGHT="23" CONTENT="Belgium" WIDTH="86" HPOS="1094" VPOS="704" ID="st5-549"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="1188" VPOS="704" ID="st5-550"/><String HEIGHT="23" CONTENT="Figure" WIDTH="62" HPOS="1198" VPOS="704" ID="st5-551"/><SP/><String HEIGHT="23" CONTENT="1" WIDTH="10" HPOS="1267" VPOS="704" ID="st5-552"/><String HEIGHT="23" CONTENT=")" WIDTH="11" HPOS="1277" VPOS="704" ID="st5-553"/><SP/><String HEIGHT="23" CONTENT="shows" WIDTH="67" HPOS="1296" VPOS="704" ID="st5-554"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="1371" VPOS="704" ID="st5-555"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1421" VPOS="704" ID="st5-556"/></TextLine><TextLine HPOS="858" VPOS="740" ID="tl5-59" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="858" VPOS="740" ID="st5-557"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="960" VPOS="740" ID="st5-558"/><SP/><String HEIGHT="23" CONTENT="hourly" WIDTH="67" HPOS="986" VPOS="740" ID="st5-559"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="1060" VPOS="740" ID="st5-560"/><String HEIGHT="23" CONTENT="(" WIDTH="9" HPOS="1134" VPOS="740" ID="st5-561"/><String HEIGHT="23" CONTENT="light" WIDTH="49" HPOS="1143" VPOS="740" ID="st5-562"/><String HEIGHT="23" CONTENT="-" WIDTH="10" HPOS="1192" VPOS="740" ID="st5-563"/><String HEIGHT="23" CONTENT="grey" WIDTH="40" HPOS="1202" VPOS="740" ID="st5-564"/><SP/><String HEIGHT="23" CONTENT="line" WIDTH="35" HPOS="1249" VPOS="740" ID="st5-565"/><String HEIGHT="23" CONTENT=")" WIDTH="9" HPOS="1284" VPOS="740" ID="st5-566"/><SP/><String HEIGHT="23" CONTENT="after" WIDTH="50" HPOS="1300" VPOS="740" ID="st5-567"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1357" VPOS="740" ID="st5-568"/><SP/><String HEIGHT="23" CONTENT="intro" WIDTH="49" HPOS="1398" VPOS="740" ID="st5-569" SUBS_TYPE="HypPart1" SUBS_CONTENT="introduction"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="740" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="776" ID="tl5-60" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="duction" WIDTH="80" HPOS="858" VPOS="776" ID="st5-570" SUBS_TYPE="HypPart2" SUBS_CONTENT="introduction"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="946" VPOS="776" ID="st5-571"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="976" VPOS="776" ID="st5-572"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1018" VPOS="776" ID="st5-573"/><SP/><String HEIGHT="23" CONTENT="negotiation" WIDTH="122" HPOS="1084" VPOS="776" ID="st5-574"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="1213" VPOS="776" ID="st5-575"/><SP/><String HEIGHT="23" CONTENT="were" WIDTH="52" HPOS="1310" VPOS="776" ID="st5-576"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1369" VPOS="776" ID="st5-577"/><SP/><String HEIGHT="23" CONTENT="aver" WIDTH="41" HPOS="1405" VPOS="776" ID="st5-578" SUBS_TYPE="HypPart1" SUBS_CONTENT="average"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="776" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="813" ID="tl5-61" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="age" WIDTH="39" HPOS="858" VPOS="813" ID="st5-579" SUBS_TYPE="HypPart2" SUBS_CONTENT="average"/><SP/><String HEIGHT="22" CONTENT="significantly" WIDTH="125" HPOS="903" VPOS="813" ID="st5-580"/><SP/><String HEIGHT="22" CONTENT="closer" WIDTH="61" HPOS="1034" VPOS="813" ID="st5-581"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="22" HPOS="1102" VPOS="813" ID="st5-582"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1130" VPOS="813" ID="st5-583"/><SP/><String HEIGHT="22" CONTENT="target" WIDTH="64" HPOS="1171" VPOS="813" ID="st5-584"/><SP/><String HEIGHT="22" CONTENT="figures" WIDTH="71" HPOS="1242" VPOS="813" ID="st5-585"/><SP/><String HEIGHT="22" CONTENT="laid" WIDTH="37" HPOS="1320" VPOS="813" ID="st5-586"/><SP/><String HEIGHT="22" CONTENT="down" WIDTH="61" HPOS="1364" VPOS="813" ID="st5-587"/><SP/><String HEIGHT="22" CONTENT="by" WIDTH="25" HPOS="1431" VPOS="813" ID="st5-588"/></TextLine><TextLine HPOS="858" VPOS="849" ID="tl5-62" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="849" ID="st5-589"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="46" HPOS="899" VPOS="849" ID="st5-590"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="952" VPOS="849" ID="st5-591"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="986" VPOS="849" ID="st5-592"/><SP/><String HEIGHT="23" CONTENT="basis" WIDTH="51" HPOS="1028" VPOS="849" ID="st5-593"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1086" VPOS="849" ID="st5-594"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1115" VPOS="849" ID="st5-595"/><SP/><String HEIGHT="23" CONTENT="perceived" WIDTH="101" HPOS="1156" VPOS="849" ID="st5-596"/><SP/><String HEIGHT="23" CONTENT="scope" WIDTH="61" HPOS="1264" VPOS="849" ID="st5-597"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="1332" VPOS="849" ID="st5-598"/><SP/><String HEIGHT="23" CONTENT="distribu" WIDTH="78" HPOS="1369" VPOS="849" ID="st5-599" SUBS_TYPE="HypPart1" SUBS_CONTENT="distribution"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="849" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="885" ID="tl5-63" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tion" WIDTH="41" HPOS="858" VPOS="885" ID="st5-600" SUBS_TYPE="HypPart2" SUBS_CONTENT="distribution"/><String HEIGHT="23" CONTENT="(" WIDTH="11" HPOS="908" VPOS="885" ID="st5-601"/><String HEIGHT="23" CONTENT="defined" WIDTH="77" HPOS="919" VPOS="885" ID="st5-602"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="1004" VPOS="885" ID="st5-603"/><SP/><String HEIGHT="23" CONTENT="sum" WIDTH="44" HPOS="1035" VPOS="885" ID="st5-604"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1088" VPOS="885" ID="st5-605"/><SP/><String HEIGHT="23" CONTENT="productivity" WIDTH="124" HPOS="1119" VPOS="885" ID="st5-606"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="1252" VPOS="885" ID="st5-607"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1356" VPOS="885" ID="st5-608"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="51" HPOS="1405" VPOS="885" ID="st5-609"/></TextLine><TextLine HPOS="858" VPOS="921" ID="tl5-64" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="858" VPOS="921" ID="st5-610"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="962" VPOS="921" ID="st5-611"/><SP/><String HEIGHT="23" CONTENT="dark" WIDTH="44" HPOS="983" VPOS="921" ID="st5-612"/><String HEIGHT="23" CONTENT="-" WIDTH="12" HPOS="1027" VPOS="921" ID="st5-613"/><String HEIGHT="23" CONTENT="grey" WIDTH="45" HPOS="1039" VPOS="921" ID="st5-614"/><SP/><String HEIGHT="23" CONTENT="line" WIDTH="35" HPOS="1093" VPOS="921" ID="st5-615"/><String HEIGHT="23" CONTENT=")" WIDTH="9" HPOS="1128" VPOS="921" ID="st5-616"/><SP/><String HEIGHT="23" CONTENT="than" WIDTH="48" HPOS="1146" VPOS="921" ID="st5-617"/><SP/><String HEIGHT="23" CONTENT="during" WIDTH="69" HPOS="1203" VPOS="921" ID="st5-618"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1281" VPOS="921" ID="st5-619"/><SP/><String HEIGHT="23" CONTENT="previous" WIDTH="89" HPOS="1324" VPOS="921" ID="st5-620"/><SP/><String HEIGHT="23" CONTENT="ten" WIDTH="35" HPOS="1421" VPOS="921" ID="st5-621"/></TextLine><TextLine HPOS="858" VPOS="957" ID="tl5-65" WIDTH="61" HEIGHT="23"><String HEIGHT="23" CONTENT="years" WIDTH="50" HPOS="858" VPOS="957" ID="st5-622"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="908" VPOS="957" ID="st5-623"/></TextLine><TextLine HPOS="858" VPOS="1029" ID="tl5-66" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="Wage" WIDTH="61" HPOS="858" VPOS="1029" ID="st5-624"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="926" VPOS="1029" ID="st5-625"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1028" VPOS="1029" ID="st5-626"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="89" HPOS="1053" VPOS="1029" ID="st5-627"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1142" VPOS="1029" ID="st5-628"/><SP/><String HEIGHT="23" CONTENT="too" WIDTH="32" HPOS="1162" VPOS="1029" ID="st5-629"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1194" VPOS="1029" ID="st5-630"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1211" VPOS="1029" ID="st5-631"/><SP/><String HEIGHT="23" CONTENT="average" WIDTH="79" HPOS="1245" VPOS="1029" ID="st5-632"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1324" VPOS="1029" ID="st5-633"/><SP/><String HEIGHT="23" CONTENT="point" WIDTH="56" HPOS="1342" VPOS="1029" ID="st5-634"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1404" VPOS="1029" ID="st5-635"/><SP/><String HEIGHT="23" CONTENT="IG" WIDTH="23" HPOS="1433" VPOS="1029" ID="st5-636"/></TextLine><TextLine HPOS="858" VPOS="1065" ID="tl5-67" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="Metall" WIDTH="60" HPOS="858" VPOS="1065" ID="st5-637"/><String HEIGHT="23" CONTENT="’" WIDTH="10" HPOS="918" VPOS="1065" ID="st5-638"/><String HEIGHT="23" CONTENT="s" WIDTH="10" HPOS="928" VPOS="1065" ID="st5-639"/><SP/><String HEIGHT="23" CONTENT="orientation" WIDTH="117" HPOS="944" VPOS="1065" ID="st5-640"/><SP/><String HEIGHT="23" CONTENT="towards" WIDTH="86" HPOS="1067" VPOS="1065" ID="st5-641"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1159" VPOS="1065" ID="st5-642"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="46" HPOS="1200" VPOS="1065" ID="st5-643"/><SP/><String HEIGHT="23" CONTENT="guideline" WIDTH="97" HPOS="1252" VPOS="1065" ID="st5-644"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1355" VPOS="1065" ID="st5-645"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1381" VPOS="1065" ID="st5-646"/><SP/><String HEIGHT="23" CONTENT="pe" WIDTH="24" HPOS="1421" VPOS="1065" ID="st5-647" SUBS_TYPE="HypPart1" SUBS_CONTENT="period"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1065" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1101" ID="tl5-68" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="riod" WIDTH="41" HPOS="858" VPOS="1101" ID="st5-648" SUBS_TYPE="HypPart2" SUBS_CONTENT="period"/><SP/><String HEIGHT="23" CONTENT="after" WIDTH="50" HPOS="906" VPOS="1101" ID="st5-649"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="963" VPOS="1101" ID="st5-650"/><SP/><String HEIGHT="23" CONTENT="establishment" WIDTH="147" HPOS="1005" VPOS="1101" ID="st5-651"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1159" VPOS="1101" ID="st5-652"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1188" VPOS="1101" ID="st5-653"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="84" HPOS="1230" VPOS="1101" ID="st5-654"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1314" VPOS="1101" ID="st5-655"/><SP/><String HEIGHT="23" CONTENT="while" WIDTH="57" HPOS="1333" VPOS="1101" ID="st5-656"/><SP/><String HEIGHT="23" CONTENT="previ" WIDTH="50" HPOS="1397" VPOS="1101" ID="st5-657" SUBS_TYPE="HypPart1" SUBS_CONTENT="previously"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="1101" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1138" ID="tl5-69" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="ously" WIDTH="54" HPOS="858" VPOS="1138" ID="st5-658" SUBS_TYPE="HypPart2" SUBS_CONTENT="previously"/><SP/><String HEIGHT="22" CONTENT="wage" WIDTH="58" HPOS="921" VPOS="1138" ID="st5-659"/><SP/><String HEIGHT="22" CONTENT="increases" WIDTH="96" HPOS="988" VPOS="1138" ID="st5-660"/><SP/><String HEIGHT="22" CONTENT="were" WIDTH="52" HPOS="1093" VPOS="1138" ID="st5-661"/><SP/><String HEIGHT="22" CONTENT="slightly" WIDTH="74" HPOS="1154" VPOS="1138" ID="st5-662"/><SP/><String HEIGHT="22" CONTENT="below" WIDTH="65" HPOS="1237" VPOS="1138" ID="st5-663"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1311" VPOS="1138" ID="st5-664"/><SP/><String HEIGHT="22" CONTENT="scope" WIDTH="61" HPOS="1355" VPOS="1138" ID="st5-665"/><SP/><String HEIGHT="22" CONTENT="for" WIDTH="30" HPOS="1426" VPOS="1138" ID="st5-666"/></TextLine><TextLine HPOS="858" VPOS="1174" ID="tl5-70" WIDTH="234" HEIGHT="23"><String HEIGHT="23" CONTENT="distribution" WIDTH="121" HPOS="858" VPOS="1174" ID="st5-667"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="986" VPOS="1174" ID="st5-668"/><String HEIGHT="23" CONTENT="Figure" WIDTH="61" HPOS="996" VPOS="1174" ID="st5-669"/><SP/><String HEIGHT="23" CONTENT="2" WIDTH="9" HPOS="1064" VPOS="1174" ID="st5-670"/><String HEIGHT="23" CONTENT=")" WIDTH="9" HPOS="1073" VPOS="1174" ID="st5-671"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="1082" VPOS="1174" ID="st5-672"/></TextLine><TextLine HPOS="858" VPOS="1246" ID="tl5-71" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="858" VPOS="1246" ID="st5-673"/><SP/><String HEIGHT="23" CONTENT="contrast" WIDTH="86" HPOS="887" VPOS="1246" ID="st5-674"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="983" VPOS="1246" ID="st5-675"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1016" VPOS="1246" ID="st5-676"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="1060" VPOS="1246" ID="st5-677"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="1129" VPOS="1246" ID="st5-678"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1234" VPOS="1246" ID="st5-679"/><SP/><String HEIGHT="23" CONTENT="Belgium" WIDTH="86" HPOS="1264" VPOS="1246" ID="st5-680"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1360" VPOS="1246" ID="st5-681"/><SP/><String HEIGHT="23" CONTENT="Ger" WIDTH="35" HPOS="1410" VPOS="1246" ID="st5-682" SUBS_TYPE="HypPart1" SUBS_CONTENT="Germany"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1246" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1282" ID="tl5-72" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="many" WIDTH="50" HPOS="858" VPOS="1282" ID="st5-683" SUBS_TYPE="HypPart2" SUBS_CONTENT="Germany"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="908" VPOS="1282" ID="st5-684"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="934" VPOS="1282" ID="st5-685"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="97" HPOS="1005" VPOS="1282" ID="st5-686"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1114" VPOS="1282" ID="st5-687"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1147" VPOS="1282" ID="st5-688"/><SP/><String HEIGHT="23" CONTENT="Netherlands" WIDTH="124" HPOS="1194" VPOS="1282" ID="st5-689"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1318" VPOS="1282" ID="st5-690"/><SP/><String HEIGHT="23" CONTENT="even" WIDTH="50" HPOS="1343" VPOS="1282" ID="st5-691"/><SP/><String HEIGHT="23" CONTENT="after" WIDTH="50" HPOS="1406" VPOS="1282" ID="st5-692"/></TextLine><TextLine HPOS="858" VPOS="1318" ID="tl5-73" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="1318" ID="st5-693"/><SP/><String HEIGHT="23" CONTENT="establishment" WIDTH="147" HPOS="900" VPOS="1318" ID="st5-694"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1054" VPOS="1318" ID="st5-695"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1084" VPOS="1318" ID="st5-696"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="84" HPOS="1126" VPOS="1318" ID="st5-697"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1210" VPOS="1318" ID="st5-698"/><SP/><String HEIGHT="23" CONTENT="exhibit" WIDTH="71" HPOS="1229" VPOS="1318" ID="st5-699"/><SP/><String HEIGHT="23" CONTENT="strong" WIDTH="67" HPOS="1308" VPOS="1318" ID="st5-700"/><SP/><String HEIGHT="23" CONTENT="cyclical" WIDTH="73" HPOS="1383" VPOS="1318" ID="st5-701"/></TextLine><TextLine HPOS="858" VPOS="1354" ID="tl5-74" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="movements" WIDTH="123" HPOS="858" VPOS="1354" ID="st5-702"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="990" VPOS="1354" ID="st5-703"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="32" HPOS="1040" VPOS="1354" ID="st5-704"/><SP/><String HEIGHT="23" CONTENT="significantly" WIDTH="125" HPOS="1081" VPOS="1354" ID="st5-705"/><SP/><String HEIGHT="23" CONTENT="below" WIDTH="66" HPOS="1215" VPOS="1354" ID="st5-706"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1290" VPOS="1354" ID="st5-707"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="46" HPOS="1333" VPOS="1354" ID="st5-708"/><SP/><String HEIGHT="23" CONTENT="guide" WIDTH="57" HPOS="1388" VPOS="1354" ID="st5-709" SUBS_TYPE="HypPart1" SUBS_CONTENT="guideline"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1354" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1390" ID="tl5-75" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="line" WIDTH="37" HPOS="858" VPOS="1390" ID="st5-710" SUBS_TYPE="HypPart2" SUBS_CONTENT="guideline"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="901" VPOS="1390" ID="st5-711"/><SP/><String HEIGHT="23" CONTENT="2003" WIDTH="56" HPOS="957" VPOS="1390" ID="st5-712"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1019" VPOS="1390" ID="st5-713"/><SP/><String HEIGHT="23" CONTENT="2007" WIDTH="55" HPOS="1047" VPOS="1390" ID="st5-714"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="1108" VPOS="1390" ID="st5-715"/><String HEIGHT="23" CONTENT="see" WIDTH="31" HPOS="1118" VPOS="1390" ID="st5-716"/><SP/><String HEIGHT="23" CONTENT="Figure" WIDTH="65" HPOS="1155" VPOS="1390" ID="st5-717"/><SP/><String HEIGHT="23" CONTENT="3" WIDTH="9" HPOS="1225" VPOS="1390" ID="st5-718"/><String HEIGHT="23" CONTENT=")" WIDTH="9" HPOS="1234" VPOS="1390" ID="st5-719"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="1243" VPOS="1390" ID="st5-720"/><SP/><String HEIGHT="23" CONTENT="Development" WIDTH="142" HPOS="1259" VPOS="1390" ID="st5-721"/><SP/><String HEIGHT="23" CONTENT="after" WIDTH="50" HPOS="1406" VPOS="1390" ID="st5-722"/></TextLine><TextLine HPOS="858" VPOS="1426" ID="tl5-76" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="2001" WIDTH="55" HPOS="858" VPOS="1426" ID="st5-723"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="920" VPOS="1426" ID="st5-724"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="945" VPOS="1426" ID="st5-725"/><SP/><String HEIGHT="23" CONTENT="respect" WIDTH="76" HPOS="989" VPOS="1426" ID="st5-726"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="1071" VPOS="1426" ID="st5-727"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="1115" VPOS="1426" ID="st5-728"/><SP/><String HEIGHT="23" CONTENT="linked" WIDTH="64" HPOS="1148" VPOS="1426" ID="st5-729"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1218" VPOS="1426" ID="st5-730"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1246" VPOS="1426" ID="st5-731"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="59" HPOS="1265" VPOS="1426" ID="st5-732"/><SP/><String HEIGHT="23" CONTENT="pact" WIDTH="46" HPOS="1330" VPOS="1426" ID="st5-733"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1382" VPOS="1426" ID="st5-734"/><SP/><String HEIGHT="23" CONTENT="limit" WIDTH="46" HPOS="1410" VPOS="1426" ID="st5-735"/></TextLine><TextLine HPOS="858" VPOS="1463" ID="tl5-77" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="wage" WIDTH="58" HPOS="858" VPOS="1463" ID="st5-736"/><SP/><String HEIGHT="22" CONTENT="rises" WIDTH="46" HPOS="922" VPOS="1463" ID="st5-737"/><String HEIGHT="22" CONTENT="(" WIDTH="11" HPOS="974" VPOS="1463" ID="st5-738"/><String HEIGHT="22" CONTENT="Johnston" WIDTH="92" HPOS="985" VPOS="1463" ID="st5-739"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="41" HPOS="1083" VPOS="1463" ID="st5-740"/><SP/><String HEIGHT="22" CONTENT="Hancké" WIDTH="79" HPOS="1130" VPOS="1463" ID="st5-741"/><SP/><String HEIGHT="22" CONTENT="2009" WIDTH="46" HPOS="1215" VPOS="1463" ID="st5-742"/><String HEIGHT="22" CONTENT=")" WIDTH="12" HPOS="1261" VPOS="1463" ID="st5-743"/><String HEIGHT="22" CONTENT="." WIDTH="12" HPOS="1273" VPOS="1463" ID="st5-744"/><SP/><String HEIGHT="22" CONTENT="If" WIDTH="14" HPOS="1291" VPOS="1463" ID="st5-745"/><SP/><String HEIGHT="22" CONTENT="anything" WIDTH="88" HPOS="1311" VPOS="1463" ID="st5-746"/><String HEIGHT="22" CONTENT="," WIDTH="12" HPOS="1399" VPOS="1463" ID="st5-747"/><SP/><String HEIGHT="22" CONTENT="Fig" WIDTH="30" HPOS="1417" VPOS="1463" ID="st5-748" SUBS_TYPE="HypPart1" SUBS_CONTENT="Figure"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="1463" HEIGHT="22"/></TextLine><TextLine HPOS="858" VPOS="1499" ID="tl5-78" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ure" WIDTH="34" HPOS="858" VPOS="1499" ID="st5-749" SUBS_TYPE="HypPart2" SUBS_CONTENT="Figure"/><SP/><String HEIGHT="23" CONTENT="3" WIDTH="14" HPOS="901" VPOS="1499" ID="st5-750"/><SP/><String HEIGHT="23" CONTENT="suggests" WIDTH="92" HPOS="923" VPOS="1499" ID="st5-751"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1024" VPOS="1499" ID="st5-752"/><SP/><String HEIGHT="23" CONTENT="short" WIDTH="56" HPOS="1045" VPOS="1499" ID="st5-753"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="1101" VPOS="1499" ID="st5-754"/><String HEIGHT="23" CONTENT="term" WIDTH="46" HPOS="1112" VPOS="1499" ID="st5-755"/><SP/><String HEIGHT="23" CONTENT="effect" WIDTH="61" HPOS="1166" VPOS="1499" ID="st5-756"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1236" VPOS="1499" ID="st5-757"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1267" VPOS="1499" ID="st5-758"/><SP/><String HEIGHT="23" CONTENT="negotiation" WIDTH="122" HPOS="1334" VPOS="1499" ID="st5-759"/></TextLine><TextLine HPOS="858" VPOS="1535" ID="tl5-79" WIDTH="412" HEIGHT="23"><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="858" VPOS="1535" ID="st5-760"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="895" VPOS="1535" ID="st5-761"/><SP/><String HEIGHT="23" CONTENT="Netherlands" WIDTH="128" HPOS="937" VPOS="1535" ID="st5-762"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1072" VPOS="1535" ID="st5-763"/><SP/><String HEIGHT="23" CONTENT="2001" WIDTH="56" HPOS="1098" VPOS="1535" ID="st5-764"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1161" VPOS="1535" ID="st5-765"/><SP/><String HEIGHT="23" CONTENT="2002" WIDTH="49" HPOS="1208" VPOS="1535" ID="st5-766"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1257" VPOS="1535" ID="st5-767"/></TextLine><TextLine HPOS="858" VPOS="1607" ID="tl5-80" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="For" WIDTH="33" HPOS="858" VPOS="1607" ID="st5-768"/><SP/><String HEIGHT="23" CONTENT="another" WIDTH="84" HPOS="901" VPOS="1607" ID="st5-769"/><SP/><String HEIGHT="23" CONTENT="periodical" WIDTH="103" HPOS="995" VPOS="1607" ID="st5-770"/><SP/><String HEIGHT="23" CONTENT="overview" WIDTH="95" HPOS="1108" VPOS="1607" ID="st5-771"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1213" VPOS="1607" ID="st5-772"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1246" VPOS="1607" ID="st5-773"/><SP/><String HEIGHT="23" CONTENT="decades" WIDTH="86" HPOS="1291" VPOS="1607" ID="st5-774"/><SP/><String HEIGHT="23" CONTENT="before" WIDTH="69" HPOS="1387" VPOS="1607" ID="st5-775"/></TextLine><TextLine HPOS="858" VPOS="1643" ID="tl5-81" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="858" VPOS="1643" ID="st5-776"/><SP/><String HEIGHT="23" CONTENT="after" WIDTH="50" HPOS="904" VPOS="1643" ID="st5-777"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="959" VPOS="1643" ID="st5-778"/><SP/><String HEIGHT="23" CONTENT="establishment" WIDTH="147" HPOS="1000" VPOS="1643" ID="st5-779"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1153" VPOS="1643" ID="st5-780"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1181" VPOS="1643" ID="st5-781"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1221" VPOS="1643" ID="st5-782"/><SP/><String HEIGHT="23" CONTENT="negotiation" WIDTH="122" HPOS="1285" VPOS="1643" ID="st5-783"/><SP/><String HEIGHT="23" CONTENT="net" WIDTH="33" HPOS="1413" VPOS="1643" ID="st5-784" SUBS_TYPE="HypPart1" SUBS_CONTENT="network"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1643" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1679" ID="tl5-82" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="work" WIDTH="54" HPOS="858" VPOS="1679" ID="st5-785" SUBS_TYPE="HypPart2" SUBS_CONTENT="network"/><SP/><String HEIGHT="23" CONTENT="see" WIDTH="35" HPOS="917" VPOS="1679" ID="st5-786"/><SP/><String HEIGHT="23" CONTENT="Table" WIDTH="54" HPOS="957" VPOS="1679" ID="st5-787"/><SP/><String HEIGHT="23" CONTENT="1" WIDTH="10" HPOS="1017" VPOS="1679" ID="st5-788"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1027" VPOS="1679" ID="st5-789"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1043" VPOS="1679" ID="st5-790"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1068" VPOS="1679" ID="st5-791"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1137" VPOS="1679" ID="st5-792"/><SP/><String HEIGHT="23" CONTENT="cumulative" WIDTH="115" HPOS="1177" VPOS="1679" ID="st5-793"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="1297" VPOS="1679" ID="st5-794"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="1361" VPOS="1679" ID="st5-795"/></TextLine><TextLine HPOS="858" VPOS="1715" ID="tl5-83" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="858" VPOS="1715" ID="st5-796"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="883" VPOS="1715" ID="st5-797"/><SP/><String HEIGHT="23" CONTENT="ten" WIDTH="34" HPOS="923" VPOS="1715" ID="st5-798"/><SP/><String HEIGHT="23" CONTENT="years" WIDTH="54" HPOS="963" VPOS="1715" ID="st5-799"/><SP/><String HEIGHT="23" CONTENT="before" WIDTH="69" HPOS="1022" VPOS="1715" ID="st5-800"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1096" VPOS="1715" ID="st5-801"/><SP/><String HEIGHT="23" CONTENT="after" WIDTH="50" HPOS="1142" VPOS="1715" ID="st5-802"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1197" VPOS="1715" ID="st5-803"/><SP/><String HEIGHT="23" CONTENT="operation" WIDTH="103" HPOS="1237" VPOS="1715" ID="st5-804"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1345" VPOS="1715" ID="st5-805"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1373" VPOS="1715" ID="st5-806"/><SP/><String HEIGHT="23" CONTENT="net" WIDTH="33" HPOS="1413" VPOS="1715" ID="st5-807" SUBS_TYPE="HypPart1" SUBS_CONTENT="network"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1715" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1751" ID="tl5-84" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="work" WIDTH="54" HPOS="858" VPOS="1751" ID="st5-808" SUBS_TYPE="HypPart2" SUBS_CONTENT="network"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="32" HPOS="919" VPOS="1751" ID="st5-809"/><SP/><String HEIGHT="23" CONTENT="plotted" WIDTH="77" HPOS="958" VPOS="1751" ID="st5-810"/><SP/><String HEIGHT="23" CONTENT="against" WIDTH="77" HPOS="1041" VPOS="1751" ID="st5-811"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1124" VPOS="1751" ID="st5-812"/><SP/><String HEIGHT="23" CONTENT="target" WIDTH="63" HPOS="1166" VPOS="1751" ID="st5-813"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1236" VPOS="1751" ID="st5-814"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1265" VPOS="1751" ID="st5-815"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="46" HPOS="1306" VPOS="1751" ID="st5-816"/><SP/><String HEIGHT="23" CONTENT="guideline" WIDTH="97" HPOS="1359" VPOS="1751" ID="st5-817"/></TextLine><TextLine HPOS="858" VPOS="1788" ID="tl5-85" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="(" WIDTH="11" HPOS="858" VPOS="1788" ID="st5-818"/><String HEIGHT="22" CONTENT="scope" WIDTH="57" HPOS="869" VPOS="1788" ID="st5-819"/><SP/><String HEIGHT="22" CONTENT="for" WIDTH="30" HPOS="932" VPOS="1788" ID="st5-820"/><SP/><String HEIGHT="22" CONTENT="distribution" WIDTH="115" HPOS="968" VPOS="1788" ID="st5-821"/><String HEIGHT="22" CONTENT=")" WIDTH="10" HPOS="1083" VPOS="1788" ID="st5-822"/><String HEIGHT="22" CONTENT="." WIDTH="10" HPOS="1093" VPOS="1788" ID="st5-823"/><SP/><String HEIGHT="22" CONTENT="By" WIDTH="25" HPOS="1108" VPOS="1788" ID="st5-824"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="40" HPOS="1139" VPOS="1788" ID="st5-825"/><SP/><String HEIGHT="22" CONTENT="large" WIDTH="50" HPOS="1185" VPOS="1788" ID="st5-826"/><String HEIGHT="22" CONTENT="," WIDTH="10" HPOS="1235" VPOS="1788" ID="st5-827"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="1251" VPOS="1788" ID="st5-828"/><SP/><String HEIGHT="22" CONTENT="results" WIDTH="68" HPOS="1291" VPOS="1788" ID="st5-829"/><SP/><String HEIGHT="22" CONTENT="depicted" WIDTH="92" HPOS="1364" VPOS="1788" ID="st5-830"/></TextLine><TextLine HPOS="858" VPOS="1824" ID="tl5-86" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="858" VPOS="1824" ID="st5-831"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="883" VPOS="1824" ID="st5-832"/><SP/><String HEIGHT="23" CONTENT="figure" WIDTH="62" HPOS="924" VPOS="1824" ID="st5-833"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="992" VPOS="1824" ID="st5-834"/><SP/><String HEIGHT="23" CONTENT="confirmed" WIDTH="109" HPOS="1030" VPOS="1824" ID="st5-835"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1145" VPOS="1824" ID="st5-836"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1176" VPOS="1824" ID="st5-837"/><SP/><String HEIGHT="23" CONTENT="comparison" WIDTH="124" HPOS="1216" VPOS="1824" ID="st5-838"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1346" VPOS="1824" ID="st5-839"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1374" VPOS="1824" ID="st5-840"/><SP/><String HEIGHT="23" CONTENT="two" WIDTH="42" HPOS="1414" VPOS="1824" ID="st5-841"/></TextLine><TextLine HPOS="858" VPOS="1860" ID="tl5-87" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="periods" WIDTH="78" HPOS="858" VPOS="1860" ID="st5-842"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="944" VPOS="1860" ID="st5-843"/><SP/><String HEIGHT="23" CONTENT="Table" WIDTH="54" HPOS="972" VPOS="1860" ID="st5-844"/><SP/><String HEIGHT="23" CONTENT="1" WIDTH="10" HPOS="1034" VPOS="1860" ID="st5-845"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1044" VPOS="1860" ID="st5-846"/><SP/><String HEIGHT="23" CONTENT="For" WIDTH="34" HPOS="1063" VPOS="1860" ID="st5-847"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="1105" VPOS="1860" ID="st5-848"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1210" VPOS="1860" ID="st5-849"/><SP/><String HEIGHT="23" CONTENT="Belgium" WIDTH="81" HPOS="1259" VPOS="1860" ID="st5-850"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1340" VPOS="1860" ID="st5-851"/><SP/><String HEIGHT="23" CONTENT="although" WIDTH="96" HPOS="1360" VPOS="1860" ID="st5-852"/></TextLine><TextLine HPOS="858" VPOS="1896" ID="tl5-88" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="858" VPOS="1896" ID="st5-853"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="902" VPOS="1896" ID="st5-854"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="941" VPOS="1896" ID="st5-855"/><SP/><String HEIGHT="23" CONTENT="Netherlands" WIDTH="122" HPOS="985" VPOS="1896" ID="st5-856"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1107" VPOS="1896" ID="st5-857"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1128" VPOS="1896" ID="st5-858"/><SP/><String HEIGHT="23" CONTENT="data" WIDTH="47" HPOS="1171" VPOS="1896" ID="st5-859"/><SP/><String HEIGHT="23" CONTENT="point" WIDTH="55" HPOS="1227" VPOS="1896" ID="st5-860"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1291" VPOS="1896" ID="st5-861"/><SP/><String HEIGHT="23" CONTENT="convergence" WIDTH="135" HPOS="1321" VPOS="1896" ID="st5-862"/></TextLine><TextLine HPOS="858" VPOS="1932" ID="tl5-89" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="towards" WIDTH="85" HPOS="858" VPOS="1932" ID="st5-863"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="954" VPOS="1932" ID="st5-864"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="36" HPOS="999" VPOS="1932" ID="st5-865"/><String HEIGHT="23" CONTENT="’" WIDTH="12" HPOS="1035" VPOS="1932" ID="st5-866"/><String HEIGHT="23" CONTENT="s" WIDTH="12" HPOS="1047" VPOS="1932" ID="st5-867"/><SP/><String HEIGHT="23" CONTENT="scope" WIDTH="61" HPOS="1069" VPOS="1932" ID="st5-868"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="1141" VPOS="1932" ID="st5-869"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="121" HPOS="1182" VPOS="1932" ID="st5-870"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1313" VPOS="1932" ID="st5-871"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1343" VPOS="1932" ID="st5-872"/><SP/><String HEIGHT="23" CONTENT="period" WIDTH="68" HPOS="1388" VPOS="1932" ID="st5-873"/></TextLine><TextLine HPOS="858" VPOS="1968" ID="tl5-90" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="1999–2008" WIDTH="117" HPOS="858" VPOS="1968" ID="st5-874"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="975" VPOS="1968" ID="st5-875"/><SP/><String HEIGHT="23" CONTENT="For" WIDTH="33" HPOS="996" VPOS="1968" ID="st5-876"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="83" HPOS="1037" VPOS="1968" ID="st5-877"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1120" VPOS="1968" ID="st5-878"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1140" VPOS="1968" ID="st5-879"/><SP/><String HEIGHT="23" CONTENT="cumulative" WIDTH="115" HPOS="1182" VPOS="1968" ID="st5-880"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1305" VPOS="1968" ID="st5-881"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="85" HPOS="1371" VPOS="1968" ID="st5-882"/></TextLine><TextLine HPOS="858" VPOS="2046" ID="tl5-91" WIDTH="421" HEIGHT="18"><String HEIGHT="18" CONTENT="2" WIDTH="8" HPOS="858" VPOS="2046" ID="st5-883"/><String HEIGHT="18" CONTENT="." WIDTH="8" HPOS="866" VPOS="2046" ID="st5-884"/><SP/><String HEIGHT="18" CONTENT="Cf" WIDTH="16" HPOS="889" VPOS="2046" ID="st5-885"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="905" VPOS="2046" ID="st5-886"/><SP/><String HEIGHT="18" CONTENT="Flassbeck" WIDTH="76" HPOS="920" VPOS="2046" ID="st5-887"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="31" HPOS="1002" VPOS="2046" ID="st5-888"/><SP/><String HEIGHT="18" CONTENT="Spiecker" WIDTH="69" HPOS="1038" VPOS="2046" ID="st5-889"/><String HEIGHT="18" CONTENT="(" WIDTH="9" HPOS="1113" VPOS="2046" ID="st5-890"/><String HEIGHT="18" CONTENT="2009" WIDTH="36" HPOS="1122" VPOS="2046" ID="st5-891"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="1158" VPOS="2046" ID="st5-892"/><SP/><String HEIGHT="18" CONTENT="on" WIDTH="22" HPOS="1172" VPOS="2046" ID="st5-893"/><SP/><String HEIGHT="18" CONTENT="Germany" WIDTH="70" HPOS="1199" VPOS="2046" ID="st5-894"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="1269" VPOS="2046" ID="st5-895"/></TextLine><TextLine HPOS="818" VPOS="2254" ID="tl5-92" WIDTH="16" HEIGHT="27"><String HEIGHT="27" CONTENT="5" WIDTH="16" HPOS="818" VPOS="2254" ID="st5-896"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="6" ID="p749088" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749088" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749088" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl6-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st6-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st6-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st6-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st6-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st6-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st6-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st6-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st6-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st6-8"/></TextLine><TextLine HPOS="196" VPOS="305" ID="tl6-1" WIDTH="956" HEIGHT="26"><String HEIGHT="26" CONTENT="Figure" WIDTH="72" HPOS="196" VPOS="305" ID="st6-9"/><SP/><String HEIGHT="26" CONTENT="1" WIDTH="11" HPOS="276" VPOS="305" ID="st6-10"/><String HEIGHT="26" CONTENT=":" WIDTH="12" HPOS="287" VPOS="305" ID="st6-11"/><SP/><String HEIGHT="26" CONTENT="Increases" WIDTH="106" HPOS="307" VPOS="305" ID="st6-12"/><SP/><String HEIGHT="26" CONTENT="in" WIDTH="21" HPOS="421" VPOS="305" ID="st6-13"/><SP/><String HEIGHT="26" CONTENT="hourly" WIDTH="74" HPOS="450" VPOS="305" ID="st6-14"/><SP/><String HEIGHT="26" CONTENT="wages" WIDTH="75" HPOS="532" VPOS="305" ID="st6-15"/><String HEIGHT="26" CONTENT="(" WIDTH="10" HPOS="615" VPOS="305" ID="st6-16"/><String HEIGHT="26" CONTENT="in" WIDTH="20" HPOS="625" VPOS="305" ID="st6-17"/><SP/><String HEIGHT="26" CONTENT="percentage" WIDTH="132" HPOS="652" VPOS="305" ID="st6-18"/><SP/><String HEIGHT="26" CONTENT="terms" WIDTH="61" HPOS="792" VPOS="305" ID="st6-19"/><String HEIGHT="26" CONTENT=")" WIDTH="13" HPOS="853" VPOS="305" ID="st6-20"/><SP/><String HEIGHT="26" CONTENT="in" WIDTH="22" HPOS="874" VPOS="305" ID="st6-21"/><SP/><String HEIGHT="26" CONTENT="Belgium" WIDTH="91" HPOS="903" VPOS="305" ID="st6-22"/><String HEIGHT="26" CONTENT="," WIDTH="13" HPOS="994" VPOS="305" ID="st6-23"/><SP/><String HEIGHT="26" CONTENT="1989–2008" WIDTH="138" HPOS="1014" VPOS="305" ID="st6-24"/></TextLine><TextLine HPOS="323" VPOS="384" ID="tl6-2" WIDTH="50" HEIGHT="19"><String HEIGHT="19" CONTENT="10" WIDTH="20" HPOS="323" VPOS="384" ID="st6-25"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="384" ID="st6-26"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="384" ID="st6-27"/></TextLine><TextLine HPOS="334" VPOS="420" ID="tl6-3" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="9" WIDTH="9" HPOS="334" VPOS="420" ID="st6-28"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="420" ID="st6-29"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="420" ID="st6-30"/></TextLine><TextLine HPOS="334" VPOS="457" ID="tl6-4" WIDTH="39" HEIGHT="18"><String HEIGHT="18" CONTENT="8" WIDTH="9" HPOS="334" VPOS="457" ID="st6-31"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="343" VPOS="457" ID="st6-32"/><String HEIGHT="18" CONTENT="00" WIDTH="20" HPOS="353" VPOS="457" ID="st6-33"/></TextLine><TextLine HPOS="334" VPOS="493" ID="tl6-5" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="7" WIDTH="9" HPOS="334" VPOS="493" ID="st6-34"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="493" ID="st6-35"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="493" ID="st6-36"/></TextLine><TextLine HPOS="334" VPOS="529" ID="tl6-6" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="6" WIDTH="9" HPOS="334" VPOS="529" ID="st6-37"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="529" ID="st6-38"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="529" ID="st6-39"/></TextLine><TextLine HPOS="334" VPOS="566" ID="tl6-7" WIDTH="39" HEIGHT="18"><String HEIGHT="18" CONTENT="5" WIDTH="9" HPOS="334" VPOS="566" ID="st6-40"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="343" VPOS="566" ID="st6-41"/><String HEIGHT="18" CONTENT="00" WIDTH="20" HPOS="353" VPOS="566" ID="st6-42"/></TextLine><TextLine HPOS="334" VPOS="602" ID="tl6-8" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="4" WIDTH="9" HPOS="334" VPOS="602" ID="st6-43"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="602" ID="st6-44"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="602" ID="st6-45"/></TextLine><TextLine HPOS="334" VPOS="638" ID="tl6-9" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="3" WIDTH="9" HPOS="334" VPOS="638" ID="st6-46"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="638" ID="st6-47"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="638" ID="st6-48"/></TextLine><TextLine HPOS="334" VPOS="675" ID="tl6-10" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="2" WIDTH="9" HPOS="334" VPOS="675" ID="st6-49"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="675" ID="st6-50"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="675" ID="st6-51"/></TextLine><TextLine HPOS="334" VPOS="711" ID="tl6-11" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="1" WIDTH="9" HPOS="334" VPOS="711" ID="st6-52"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="711" ID="st6-53"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="711" ID="st6-54"/></TextLine><TextLine HPOS="334" VPOS="748" ID="tl6-12" WIDTH="39" HEIGHT="18"><String HEIGHT="18" CONTENT="0" WIDTH="9" HPOS="334" VPOS="748" ID="st6-55"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="343" VPOS="748" ID="st6-56"/><String HEIGHT="18" CONTENT="00" WIDTH="20" HPOS="353" VPOS="748" ID="st6-57"/></TextLine><TextLine HPOS="546" VPOS="379" ID="tl6-13" WIDTH="569" HEIGHT="19"><String HEIGHT="19" CONTENT="Wage" WIDTH="54" HPOS="546" VPOS="379" ID="st6-58"/><SP/><String HEIGHT="19" CONTENT="negotiation" WIDTH="109" HPOS="606" VPOS="379" ID="st6-59"/><SP/><String HEIGHT="19" CONTENT="results" WIDTH="62" HPOS="720" VPOS="379" ID="st6-60"/><SP/><String HEIGHT="19" CONTENT="after" WIDTH="45" HPOS="787" VPOS="379" ID="st6-61"/><SP/><String HEIGHT="19" CONTENT="establishment" WIDTH="130" HPOS="838" VPOS="379" ID="st6-62"/><SP/><String HEIGHT="19" CONTENT="of" WIDTH="20" HPOS="974" VPOS="379" ID="st6-63"/><SP/><String HEIGHT="19" CONTENT="the" WIDTH="31" HPOS="999" VPOS="379" ID="st6-64"/><SP/><String HEIGHT="19" CONTENT="network" WIDTH="80" HPOS="1035" VPOS="379" ID="st6-65"/></TextLine><TextLine HPOS="1069" VPOS="434" ID="tl6-14" WIDTH="221" HEIGHT="19"><String HEIGHT="19" CONTENT="EMF" WIDTH="37" HPOS="1069" VPOS="434" ID="st6-66"/><SP/><String HEIGHT="19" CONTENT="scope" WIDTH="49" HPOS="1111" VPOS="434" ID="st6-67"/><SP/><String HEIGHT="19" CONTENT="for" WIDTH="24" HPOS="1165" VPOS="434" ID="st6-68"/><SP/><String HEIGHT="19" CONTENT="distribution" WIDTH="95" HPOS="1195" VPOS="434" ID="st6-69"/></TextLine><TextLine HPOS="1069" VPOS="462" ID="tl6-15" WIDTH="154" HEIGHT="18"><String HEIGHT="18" CONTENT="Wage" WIDTH="50" HPOS="1069" VPOS="462" ID="st6-70"/><SP/><String HEIGHT="18" CONTENT="agreements" WIDTH="99" HPOS="1124" VPOS="462" ID="st6-71"/></TextLine><TextLine HPOS="390" VPOS="790" ID="tl6-16" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1989" WIDTH="36" HPOS="390" VPOS="790" ID="st6-72"/></TextLine><TextLine HPOS="436" VPOS="790" ID="tl6-17" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1990" WIDTH="36" HPOS="436" VPOS="790" ID="st6-73"/></TextLine><TextLine HPOS="483" VPOS="790" ID="tl6-18" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1991" WIDTH="36" HPOS="483" VPOS="790" ID="st6-74"/></TextLine><TextLine HPOS="529" VPOS="790" ID="tl6-19" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1992" WIDTH="36" HPOS="529" VPOS="790" ID="st6-75"/></TextLine><TextLine HPOS="575" VPOS="790" ID="tl6-20" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1993" WIDTH="36" HPOS="575" VPOS="790" ID="st6-76"/></TextLine><TextLine HPOS="621" VPOS="790" ID="tl6-21" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1994" WIDTH="36" HPOS="621" VPOS="790" ID="st6-77"/></TextLine><TextLine HPOS="667" VPOS="790" ID="tl6-22" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1995" WIDTH="36" HPOS="667" VPOS="790" ID="st6-78"/></TextLine><TextLine HPOS="713" VPOS="790" ID="tl6-23" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1996" WIDTH="36" HPOS="713" VPOS="790" ID="st6-79"/></TextLine><TextLine HPOS="759" VPOS="790" ID="tl6-24" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1997" WIDTH="36" HPOS="759" VPOS="790" ID="st6-80"/></TextLine><TextLine HPOS="805" VPOS="790" ID="tl6-25" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1998" WIDTH="36" HPOS="805" VPOS="790" ID="st6-81"/></TextLine><TextLine HPOS="851" VPOS="790" ID="tl6-26" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1999" WIDTH="36" HPOS="851" VPOS="790" ID="st6-82"/></TextLine><TextLine HPOS="897" VPOS="790" ID="tl6-27" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2000" WIDTH="36" HPOS="897" VPOS="790" ID="st6-83"/></TextLine><TextLine HPOS="943" VPOS="790" ID="tl6-28" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2001" WIDTH="36" HPOS="943" VPOS="790" ID="st6-84"/></TextLine><TextLine HPOS="990" VPOS="790" ID="tl6-29" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2002" WIDTH="36" HPOS="990" VPOS="790" ID="st6-85"/></TextLine><TextLine HPOS="1036" VPOS="790" ID="tl6-30" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2003" WIDTH="36" HPOS="1036" VPOS="790" ID="st6-86"/></TextLine><TextLine HPOS="1082" VPOS="790" ID="tl6-31" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2004" WIDTH="36" HPOS="1082" VPOS="790" ID="st6-87"/></TextLine><TextLine HPOS="1128" VPOS="790" ID="tl6-32" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2005" WIDTH="36" HPOS="1128" VPOS="790" ID="st6-88"/></TextLine><TextLine HPOS="1174" VPOS="790" ID="tl6-33" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2006" WIDTH="36" HPOS="1174" VPOS="790" ID="st6-89"/></TextLine><TextLine HPOS="1220" VPOS="790" ID="tl6-34" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2007" WIDTH="36" HPOS="1220" VPOS="790" ID="st6-90"/></TextLine><TextLine HPOS="1266" VPOS="790" ID="tl6-35" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2008" WIDTH="36" HPOS="1266" VPOS="790" ID="st6-91"/></TextLine><TextLine HPOS="196" VPOS="883" ID="tl6-36" WIDTH="966" HEIGHT="25"><String HEIGHT="25" CONTENT="Figure" WIDTH="72" HPOS="196" VPOS="883" ID="st6-92"/><SP/><String HEIGHT="25" CONTENT="2" WIDTH="11" HPOS="276" VPOS="883" ID="st6-93"/><String HEIGHT="25" CONTENT=":" WIDTH="12" HPOS="287" VPOS="883" ID="st6-94"/><SP/><String HEIGHT="25" CONTENT="Increases" WIDTH="106" HPOS="307" VPOS="883" ID="st6-95"/><SP/><String HEIGHT="25" CONTENT="in" WIDTH="21" HPOS="421" VPOS="883" ID="st6-96"/><SP/><String HEIGHT="25" CONTENT="hourly" WIDTH="74" HPOS="450" VPOS="883" ID="st6-97"/><SP/><String HEIGHT="25" CONTENT="wages" WIDTH="75" HPOS="532" VPOS="883" ID="st6-98"/><String HEIGHT="25" CONTENT="(" WIDTH="10" HPOS="615" VPOS="883" ID="st6-99"/><String HEIGHT="25" CONTENT="in" WIDTH="20" HPOS="625" VPOS="883" ID="st6-100"/><SP/><String HEIGHT="25" CONTENT="percentage" WIDTH="132" HPOS="652" VPOS="883" ID="st6-101"/><SP/><String HEIGHT="25" CONTENT="terms" WIDTH="61" HPOS="792" VPOS="883" ID="st6-102"/><String HEIGHT="25" CONTENT=")" WIDTH="13" HPOS="853" VPOS="883" ID="st6-103"/><SP/><String HEIGHT="25" CONTENT="in" WIDTH="22" HPOS="874" VPOS="883" ID="st6-104"/><SP/><String HEIGHT="25" CONTENT="Germany" WIDTH="98" HPOS="903" VPOS="883" ID="st6-105"/><String HEIGHT="25" CONTENT="," WIDTH="15" HPOS="1001" VPOS="883" ID="st6-106"/><SP/><String HEIGHT="25" CONTENT="1989–2008" WIDTH="138" HPOS="1024" VPOS="883" ID="st6-107"/></TextLine><TextLine HPOS="334" VPOS="963" ID="tl6-37" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="8" WIDTH="9" HPOS="334" VPOS="963" ID="st6-108"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="963" ID="st6-109"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="963" ID="st6-110"/></TextLine><TextLine HPOS="551" VPOS="958" ID="tl6-38" WIDTH="568" HEIGHT="19"><String HEIGHT="19" CONTENT="Wage" WIDTH="54" HPOS="551" VPOS="958" ID="st6-111"/><SP/><String HEIGHT="19" CONTENT="negotiation" WIDTH="108" HPOS="611" VPOS="958" ID="st6-112"/><SP/><String HEIGHT="19" CONTENT="results" WIDTH="61" HPOS="725" VPOS="958" ID="st6-113"/><SP/><String HEIGHT="19" CONTENT="after" WIDTH="45" HPOS="792" VPOS="958" ID="st6-114"/><SP/><String HEIGHT="19" CONTENT="establishment" WIDTH="131" HPOS="842" VPOS="958" ID="st6-115"/><SP/><String HEIGHT="19" CONTENT="of" WIDTH="20" HPOS="979" VPOS="958" ID="st6-116"/><SP/><String HEIGHT="19" CONTENT="the" WIDTH="31" HPOS="1004" VPOS="958" ID="st6-117"/><SP/><String HEIGHT="19" CONTENT="network" WIDTH="79" HPOS="1040" VPOS="958" ID="st6-118"/></TextLine><TextLine HPOS="334" VPOS="1009" ID="tl6-39" WIDTH="39" HEIGHT="18"><String HEIGHT="18" CONTENT="7" WIDTH="9" HPOS="334" VPOS="1009" ID="st6-119"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="343" VPOS="1009" ID="st6-120"/><String HEIGHT="18" CONTENT="00" WIDTH="20" HPOS="353" VPOS="1009" ID="st6-121"/></TextLine><TextLine HPOS="1089" VPOS="1015" ID="tl6-40" WIDTH="221" HEIGHT="19"><String HEIGHT="19" CONTENT="EMF" WIDTH="37" HPOS="1089" VPOS="1015" ID="st6-122"/><SP/><String HEIGHT="19" CONTENT="scope" WIDTH="49" HPOS="1131" VPOS="1015" ID="st6-123"/><SP/><String HEIGHT="19" CONTENT="for" WIDTH="24" HPOS="1185" VPOS="1015" ID="st6-124"/><SP/><String HEIGHT="19" CONTENT="distribution" WIDTH="95" HPOS="1215" VPOS="1015" ID="st6-125"/></TextLine><TextLine HPOS="334" VPOS="1054" ID="tl6-41" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="6" WIDTH="9" HPOS="334" VPOS="1054" ID="st6-126"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="1054" ID="st6-127"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="1054" ID="st6-128"/></TextLine><TextLine HPOS="1089" VPOS="1043" ID="tl6-42" WIDTH="154" HEIGHT="19"><String HEIGHT="19" CONTENT="Wage" WIDTH="50" HPOS="1089" VPOS="1043" ID="st6-129"/><SP/><String HEIGHT="19" CONTENT="agreements" WIDTH="99" HPOS="1144" VPOS="1043" ID="st6-130"/></TextLine><TextLine HPOS="334" VPOS="1099" ID="tl6-43" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="5" WIDTH="9" HPOS="334" VPOS="1099" ID="st6-131"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="1099" ID="st6-132"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="1099" ID="st6-133"/></TextLine><TextLine HPOS="334" VPOS="1145" ID="tl6-44" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="4" WIDTH="9" HPOS="334" VPOS="1145" ID="st6-134"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="1145" ID="st6-135"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="1145" ID="st6-136"/></TextLine><TextLine HPOS="334" VPOS="1190" ID="tl6-45" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="3" WIDTH="9" HPOS="334" VPOS="1190" ID="st6-137"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="1190" ID="st6-138"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="1190" ID="st6-139"/></TextLine><TextLine HPOS="334" VPOS="1236" ID="tl6-46" WIDTH="39" HEIGHT="18"><String HEIGHT="18" CONTENT="2" WIDTH="9" HPOS="334" VPOS="1236" ID="st6-140"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="343" VPOS="1236" ID="st6-141"/><String HEIGHT="18" CONTENT="00" WIDTH="20" HPOS="353" VPOS="1236" ID="st6-142"/></TextLine><TextLine HPOS="334" VPOS="1281" ID="tl6-47" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="1" WIDTH="9" HPOS="334" VPOS="1281" ID="st6-143"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="1281" ID="st6-144"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="1281" ID="st6-145"/></TextLine><TextLine HPOS="334" VPOS="1326" ID="tl6-48" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="0" WIDTH="9" HPOS="334" VPOS="1326" ID="st6-146"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="343" VPOS="1326" ID="st6-147"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="353" VPOS="1326" ID="st6-148"/></TextLine><TextLine HPOS="391" VPOS="1371" ID="tl6-49" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1989" WIDTH="36" HPOS="391" VPOS="1371" ID="st6-149"/></TextLine><TextLine HPOS="437" VPOS="1371" ID="tl6-50" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1990" WIDTH="36" HPOS="437" VPOS="1371" ID="st6-150"/></TextLine><TextLine HPOS="483" VPOS="1371" ID="tl6-51" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1991" WIDTH="36" HPOS="483" VPOS="1371" ID="st6-151"/></TextLine><TextLine HPOS="529" VPOS="1371" ID="tl6-52" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1992" WIDTH="36" HPOS="529" VPOS="1371" ID="st6-152"/></TextLine><TextLine HPOS="575" VPOS="1371" ID="tl6-53" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1993" WIDTH="36" HPOS="575" VPOS="1371" ID="st6-153"/></TextLine><TextLine HPOS="621" VPOS="1371" ID="tl6-54" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1994" WIDTH="36" HPOS="621" VPOS="1371" ID="st6-154"/></TextLine><TextLine HPOS="667" VPOS="1371" ID="tl6-55" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1995" WIDTH="36" HPOS="667" VPOS="1371" ID="st6-155"/></TextLine><TextLine HPOS="713" VPOS="1371" ID="tl6-56" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1996" WIDTH="36" HPOS="713" VPOS="1371" ID="st6-156"/></TextLine><TextLine HPOS="759" VPOS="1371" ID="tl6-57" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1997" WIDTH="36" HPOS="759" VPOS="1371" ID="st6-157"/></TextLine><TextLine HPOS="805" VPOS="1371" ID="tl6-58" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1998" WIDTH="36" HPOS="805" VPOS="1371" ID="st6-158"/></TextLine><TextLine HPOS="851" VPOS="1371" ID="tl6-59" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1999" WIDTH="36" HPOS="851" VPOS="1371" ID="st6-159"/></TextLine><TextLine HPOS="898" VPOS="1371" ID="tl6-60" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2000" WIDTH="36" HPOS="898" VPOS="1371" ID="st6-160"/></TextLine><TextLine HPOS="944" VPOS="1371" ID="tl6-61" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2001" WIDTH="36" HPOS="944" VPOS="1371" ID="st6-161"/></TextLine><TextLine HPOS="990" VPOS="1371" ID="tl6-62" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2002" WIDTH="36" HPOS="990" VPOS="1371" ID="st6-162"/></TextLine><TextLine HPOS="1036" VPOS="1371" ID="tl6-63" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2003" WIDTH="36" HPOS="1036" VPOS="1371" ID="st6-163"/></TextLine><TextLine HPOS="1082" VPOS="1371" ID="tl6-64" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2004" WIDTH="36" HPOS="1082" VPOS="1371" ID="st6-164"/></TextLine><TextLine HPOS="1128" VPOS="1371" ID="tl6-65" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2005" WIDTH="36" HPOS="1128" VPOS="1371" ID="st6-165"/></TextLine><TextLine HPOS="1174" VPOS="1371" ID="tl6-66" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2006" WIDTH="36" HPOS="1174" VPOS="1371" ID="st6-166"/></TextLine><TextLine HPOS="1220" VPOS="1371" ID="tl6-67" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2007" WIDTH="36" HPOS="1220" VPOS="1371" ID="st6-167"/></TextLine><TextLine HPOS="1266" VPOS="1371" ID="tl6-68" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2008" WIDTH="36" HPOS="1266" VPOS="1371" ID="st6-168"/></TextLine><TextLine HPOS="196" VPOS="1461" ID="tl6-69" WIDTH="1048" HEIGHT="25"><String HEIGHT="25" CONTENT="Figure" WIDTH="72" HPOS="196" VPOS="1461" ID="st6-169"/><SP/><String HEIGHT="25" CONTENT="3" WIDTH="11" HPOS="276" VPOS="1461" ID="st6-170"/><String HEIGHT="25" CONTENT=":" WIDTH="12" HPOS="287" VPOS="1461" ID="st6-171"/><SP/><String HEIGHT="25" CONTENT="Increases" WIDTH="106" HPOS="307" VPOS="1461" ID="st6-172"/><SP/><String HEIGHT="25" CONTENT="in" WIDTH="21" HPOS="421" VPOS="1461" ID="st6-173"/><SP/><String HEIGHT="25" CONTENT="hourly" WIDTH="74" HPOS="450" VPOS="1461" ID="st6-174"/><SP/><String HEIGHT="25" CONTENT="wages" WIDTH="75" HPOS="532" VPOS="1461" ID="st6-175"/><String HEIGHT="25" CONTENT="(" WIDTH="10" HPOS="615" VPOS="1461" ID="st6-176"/><String HEIGHT="25" CONTENT="in" WIDTH="20" HPOS="625" VPOS="1461" ID="st6-177"/><SP/><String HEIGHT="25" CONTENT="percentage" WIDTH="132" HPOS="652" VPOS="1461" ID="st6-178"/><SP/><String HEIGHT="25" CONTENT="terms" WIDTH="61" HPOS="792" VPOS="1461" ID="st6-179"/><String HEIGHT="25" CONTENT=")" WIDTH="13" HPOS="853" VPOS="1461" ID="st6-180"/><SP/><String HEIGHT="25" CONTENT="in" WIDTH="22" HPOS="874" VPOS="1461" ID="st6-181"/><SP/><String HEIGHT="25" CONTENT="the" WIDTH="39" HPOS="903" VPOS="1461" ID="st6-182"/><SP/><String HEIGHT="25" CONTENT="Netherlands" WIDTH="136" HPOS="950" VPOS="1461" ID="st6-183"/><String HEIGHT="25" CONTENT="," WIDTH="13" HPOS="1086" VPOS="1461" ID="st6-184"/><SP/><String HEIGHT="25" CONTENT="1989–2008" WIDTH="137" HPOS="1107" VPOS="1461" ID="st6-185"/></TextLine><TextLine HPOS="320" VPOS="1536" ID="tl6-70" WIDTH="50" HEIGHT="18"><String HEIGHT="18" CONTENT="10" WIDTH="20" HPOS="320" VPOS="1536" ID="st6-186"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="340" VPOS="1536" ID="st6-187"/><String HEIGHT="18" CONTENT="00" WIDTH="20" HPOS="350" VPOS="1536" ID="st6-188"/></TextLine><TextLine HPOS="331" VPOS="1573" ID="tl6-71" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="9" WIDTH="9" HPOS="331" VPOS="1573" ID="st6-189"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="340" VPOS="1573" ID="st6-190"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="350" VPOS="1573" ID="st6-191"/></TextLine><TextLine HPOS="331" VPOS="1610" ID="tl6-72" WIDTH="39" HEIGHT="19"><String HEIGHT="19" CONTENT="8" WIDTH="9" HPOS="331" VPOS="1610" ID="st6-192"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="340" VPOS="1610" ID="st6-193"/><String HEIGHT="19" CONTENT="00" WIDTH="20" HPOS="350" VPOS="1610" ID="st6-194"/></TextLine><TextLine HPOS="331" VPOS="1648" ID="tl6-73" WIDTH="38" HEIGHT="18"><String HEIGHT="18" CONTENT="7" WIDTH="9" HPOS="331" VPOS="1648" ID="st6-195"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="340" VPOS="1648" ID="st6-196"/><String HEIGHT="18" CONTENT="00" WIDTH="19" HPOS="350" VPOS="1648" ID="st6-197"/></TextLine><TextLine HPOS="331" VPOS="1685" ID="tl6-74" WIDTH="38" HEIGHT="19"><String HEIGHT="19" CONTENT="6" WIDTH="9" HPOS="331" VPOS="1685" ID="st6-198"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="340" VPOS="1685" ID="st6-199"/><String HEIGHT="19" CONTENT="00" WIDTH="19" HPOS="350" VPOS="1685" ID="st6-200"/></TextLine><TextLine HPOS="331" VPOS="1722" ID="tl6-75" WIDTH="38" HEIGHT="19"><String HEIGHT="19" CONTENT="5" WIDTH="9" HPOS="331" VPOS="1722" ID="st6-201"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="340" VPOS="1722" ID="st6-202"/><String HEIGHT="19" CONTENT="00" WIDTH="19" HPOS="350" VPOS="1722" ID="st6-203"/></TextLine><TextLine HPOS="331" VPOS="1760" ID="tl6-76" WIDTH="38" HEIGHT="18"><String HEIGHT="18" CONTENT="4" WIDTH="9" HPOS="331" VPOS="1760" ID="st6-204"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="340" VPOS="1760" ID="st6-205"/><String HEIGHT="18" CONTENT="00" WIDTH="19" HPOS="350" VPOS="1760" ID="st6-206"/></TextLine><TextLine HPOS="331" VPOS="1797" ID="tl6-77" WIDTH="38" HEIGHT="19"><String HEIGHT="19" CONTENT="3" WIDTH="9" HPOS="331" VPOS="1797" ID="st6-207"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="340" VPOS="1797" ID="st6-208"/><String HEIGHT="19" CONTENT="00" WIDTH="19" HPOS="350" VPOS="1797" ID="st6-209"/></TextLine><TextLine HPOS="331" VPOS="1834" ID="tl6-78" WIDTH="38" HEIGHT="19"><String HEIGHT="19" CONTENT="2" WIDTH="9" HPOS="331" VPOS="1834" ID="st6-210"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="340" VPOS="1834" ID="st6-211"/><String HEIGHT="19" CONTENT="00" WIDTH="19" HPOS="350" VPOS="1834" ID="st6-212"/></TextLine><TextLine HPOS="331" VPOS="1872" ID="tl6-79" WIDTH="38" HEIGHT="18"><String HEIGHT="18" CONTENT="1" WIDTH="9" HPOS="331" VPOS="1872" ID="st6-213"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="340" VPOS="1872" ID="st6-214"/><String HEIGHT="18" CONTENT="00" WIDTH="19" HPOS="350" VPOS="1872" ID="st6-215"/></TextLine><TextLine HPOS="331" VPOS="1909" ID="tl6-80" WIDTH="38" HEIGHT="19"><String HEIGHT="19" CONTENT="0" WIDTH="9" HPOS="331" VPOS="1909" ID="st6-216"/><String HEIGHT="19" CONTENT="." WIDTH="10" HPOS="340" VPOS="1909" ID="st6-217"/><String HEIGHT="19" CONTENT="00" WIDTH="19" HPOS="350" VPOS="1909" ID="st6-218"/></TextLine><TextLine HPOS="559" VPOS="1531" ID="tl6-81" WIDTH="568" HEIGHT="19"><String HEIGHT="19" CONTENT="Wage" WIDTH="54" HPOS="559" VPOS="1531" ID="st6-219"/><SP/><String HEIGHT="19" CONTENT="negotiation" WIDTH="109" HPOS="618" VPOS="1531" ID="st6-220"/><SP/><String HEIGHT="19" CONTENT="results" WIDTH="61" HPOS="733" VPOS="1531" ID="st6-221"/><SP/><String HEIGHT="19" CONTENT="after" WIDTH="45" HPOS="800" VPOS="1531" ID="st6-222"/><SP/><String HEIGHT="19" CONTENT="establishment" WIDTH="131" HPOS="850" VPOS="1531" ID="st6-223"/><SP/><String HEIGHT="19" CONTENT="of" WIDTH="19" HPOS="987" VPOS="1531" ID="st6-224"/><SP/><String HEIGHT="19" CONTENT="the" WIDTH="31" HPOS="1012" VPOS="1531" ID="st6-225"/><SP/><String HEIGHT="19" CONTENT="network" WIDTH="79" HPOS="1048" VPOS="1531" ID="st6-226"/></TextLine><TextLine HPOS="1074" VPOS="1584" ID="tl6-82" WIDTH="221" HEIGHT="18"><String HEIGHT="18" CONTENT="EMF" WIDTH="36" HPOS="1074" VPOS="1584" ID="st6-227"/><SP/><String HEIGHT="18" CONTENT="scope" WIDTH="48" HPOS="1116" VPOS="1584" ID="st6-228"/><SP/><String HEIGHT="18" CONTENT="for" WIDTH="24" HPOS="1170" VPOS="1584" ID="st6-229"/><SP/><String HEIGHT="18" CONTENT="distribution" WIDTH="96" HPOS="1199" VPOS="1584" ID="st6-230"/></TextLine><TextLine HPOS="1074" VPOS="1611" ID="tl6-83" WIDTH="154" HEIGHT="19"><String HEIGHT="19" CONTENT="Wage" WIDTH="49" HPOS="1074" VPOS="1611" ID="st6-231"/><SP/><String HEIGHT="19" CONTENT="agreements" WIDTH="99" HPOS="1129" VPOS="1611" ID="st6-232"/></TextLine><TextLine HPOS="390" VPOS="1954" ID="tl6-84" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1989" WIDTH="36" HPOS="390" VPOS="1954" ID="st6-233"/></TextLine><TextLine HPOS="437" VPOS="1954" ID="tl6-85" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1990" WIDTH="36" HPOS="437" VPOS="1954" ID="st6-234"/></TextLine><TextLine HPOS="484" VPOS="1954" ID="tl6-86" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1991" WIDTH="36" HPOS="484" VPOS="1954" ID="st6-235"/></TextLine><TextLine HPOS="531" VPOS="1954" ID="tl6-87" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1992" WIDTH="36" HPOS="531" VPOS="1954" ID="st6-236"/></TextLine><TextLine HPOS="578" VPOS="1954" ID="tl6-88" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1993" WIDTH="36" HPOS="578" VPOS="1954" ID="st6-237"/></TextLine><TextLine HPOS="625" VPOS="1954" ID="tl6-89" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1994" WIDTH="36" HPOS="625" VPOS="1954" ID="st6-238"/></TextLine><TextLine HPOS="671" VPOS="1954" ID="tl6-90" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1995" WIDTH="36" HPOS="671" VPOS="1954" ID="st6-239"/></TextLine><TextLine HPOS="718" VPOS="1954" ID="tl6-91" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1996" WIDTH="36" HPOS="718" VPOS="1954" ID="st6-240"/></TextLine><TextLine HPOS="765" VPOS="1954" ID="tl6-92" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1997" WIDTH="36" HPOS="765" VPOS="1954" ID="st6-241"/></TextLine><TextLine HPOS="812" VPOS="1954" ID="tl6-93" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1998" WIDTH="36" HPOS="812" VPOS="1954" ID="st6-242"/></TextLine><TextLine HPOS="859" VPOS="1954" ID="tl6-94" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="1999" WIDTH="36" HPOS="859" VPOS="1954" ID="st6-243"/></TextLine><TextLine HPOS="906" VPOS="1954" ID="tl6-95" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2000" WIDTH="36" HPOS="906" VPOS="1954" ID="st6-244"/></TextLine><TextLine HPOS="952" VPOS="1954" ID="tl6-96" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2001" WIDTH="36" HPOS="952" VPOS="1954" ID="st6-245"/></TextLine><TextLine HPOS="999" VPOS="1954" ID="tl6-97" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2002" WIDTH="36" HPOS="999" VPOS="1954" ID="st6-246"/></TextLine><TextLine HPOS="1046" VPOS="1954" ID="tl6-98" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2003" WIDTH="36" HPOS="1046" VPOS="1954" ID="st6-247"/></TextLine><TextLine HPOS="1093" VPOS="1954" ID="tl6-99" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2004" WIDTH="36" HPOS="1093" VPOS="1954" ID="st6-248"/></TextLine><TextLine HPOS="1140" VPOS="1954" ID="tl6-100" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2005" WIDTH="36" HPOS="1140" VPOS="1954" ID="st6-249"/></TextLine><TextLine HPOS="1186" VPOS="1954" ID="tl6-101" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2006" WIDTH="36" HPOS="1186" VPOS="1954" ID="st6-250"/></TextLine><TextLine HPOS="1233" VPOS="1954" ID="tl6-102" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2007" WIDTH="36" HPOS="1233" VPOS="1954" ID="st6-251"/></TextLine><TextLine HPOS="1280" VPOS="1954" ID="tl6-103" WIDTH="36" HEIGHT="19"><String HEIGHT="19" CONTENT="2008" WIDTH="36" HPOS="1280" VPOS="1954" ID="st6-252"/></TextLine><TextLine HPOS="196" VPOS="2023" ID="tl6-104" WIDTH="806" HEIGHT="20"><String HEIGHT="20" CONTENT="Sources" WIDTH="69" HPOS="196" VPOS="2023" ID="st6-253"/><String HEIGHT="20" CONTENT=":" WIDTH="10" HPOS="265" VPOS="2023" ID="st6-254"/><SP/><String HEIGHT="20" CONTENT="OECD" WIDTH="50" HPOS="281" VPOS="2023" ID="st6-255"/><String HEIGHT="20" CONTENT="," WIDTH="13" HPOS="331" VPOS="2023" ID="st6-256"/><SP/><String HEIGHT="20" CONTENT="AMECO" WIDTH="69" HPOS="350" VPOS="2023" ID="st6-257"/><String HEIGHT="20" CONTENT="," WIDTH="14" HPOS="419" VPOS="2023" ID="st6-258"/><SP/><String HEIGHT="20" CONTENT="trade" WIDTH="50" HPOS="439" VPOS="2023" ID="st6-259"/><SP/><String HEIGHT="20" CONTENT="unions" WIDTH="59" HPOS="495" VPOS="2023" ID="st6-260"/><String HEIGHT="20" CONTENT="," WIDTH="10" HPOS="554" VPOS="2023" ID="st6-261"/><SP/><String HEIGHT="20" CONTENT="Belgian" WIDTH="69" HPOS="570" VPOS="2023" ID="st6-262"/><SP/><String HEIGHT="20" CONTENT="Labour" WIDTH="66" HPOS="645" VPOS="2023" ID="st6-263"/><SP/><String HEIGHT="20" CONTENT="Ministry" WIDTH="72" HPOS="717" VPOS="2023" ID="st6-264"/><String HEIGHT="20" CONTENT=";" WIDTH="10" HPOS="789" VPOS="2023" ID="st6-265"/><SP/><String HEIGHT="20" CONTENT="author" WIDTH="56" HPOS="805" VPOS="2023" ID="st6-266"/><String HEIGHT="20" CONTENT="’" WIDTH="9" HPOS="861" VPOS="2023" ID="st6-267"/><String HEIGHT="20" CONTENT="s" WIDTH="10" HPOS="870" VPOS="2023" ID="st6-268"/><SP/><String HEIGHT="20" CONTENT="calculations" WIDTH="107" HPOS="886" VPOS="2023" ID="st6-269"/><String HEIGHT="20" CONTENT="." WIDTH="9" HPOS="993" VPOS="2023" ID="st6-270"/></TextLine><TextLine HPOS="818" VPOS="2254" ID="tl6-105" WIDTH="16" HEIGHT="27"><String HEIGHT="27" CONTENT="6" WIDTH="16" HPOS="818" VPOS="2254" ID="st6-271"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="7" ID="p749089" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749089" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749089" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl7-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st7-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st7-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st7-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st7-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st7-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st7-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st7-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st7-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st7-8"/></TextLine><TextLine HPOS="196" VPOS="305" ID="tl7-1" WIDTH="1198" HEIGHT="26"><String HEIGHT="26" CONTENT="Table" WIDTH="61" HPOS="196" VPOS="305" ID="st7-9"/><SP/><String HEIGHT="26" CONTENT="1" WIDTH="11" HPOS="264" VPOS="305" ID="st7-10"/><String HEIGHT="26" CONTENT=":" WIDTH="12" HPOS="275" VPOS="305" ID="st7-11"/><SP/><String HEIGHT="26" CONTENT="Wage" WIDTH="69" HPOS="295" VPOS="305" ID="st7-12"/><SP/><String HEIGHT="26" CONTENT="increases" WIDTH="106" HPOS="371" VPOS="305" ID="st7-13"/><SP/><String HEIGHT="26" CONTENT="and" WIDTH="45" HPOS="485" VPOS="305" ID="st7-14"/><SP/><String HEIGHT="26" CONTENT="targets" WIDTH="82" HPOS="537" VPOS="305" ID="st7-15"/><SP/><String HEIGHT="26" CONTENT="of" WIDTH="25" HPOS="627" VPOS="305" ID="st7-16"/><SP/><String HEIGHT="26" CONTENT="the" WIDTH="39" HPOS="659" VPOS="305" ID="st7-17"/><SP/><String HEIGHT="26" CONTENT="EMF" WIDTH="51" HPOS="706" VPOS="305" ID="st7-18"/><SP/><String HEIGHT="26" CONTENT="guideline" WIDTH="108" HPOS="764" VPOS="305" ID="st7-19"/><SP/><String HEIGHT="26" CONTENT="in" WIDTH="22" HPOS="880" VPOS="305" ID="st7-20"/><SP/><String HEIGHT="26" CONTENT="the" WIDTH="39" HPOS="909" VPOS="305" ID="st7-21"/><SP/><String HEIGHT="26" CONTENT="ten" WIDTH="36" HPOS="956" VPOS="305" ID="st7-22"/><String HEIGHT="26" CONTENT="-" WIDTH="12" HPOS="992" VPOS="305" ID="st7-23"/><String HEIGHT="26" CONTENT="year" WIDTH="49" HPOS="1004" VPOS="305" ID="st7-24"/><SP/><String HEIGHT="26" CONTENT="periods" WIDTH="86" HPOS="1061" VPOS="305" ID="st7-25"/><SP/><String HEIGHT="26" CONTENT="before" WIDTH="77" HPOS="1155" VPOS="305" ID="st7-26"/><SP/><String HEIGHT="26" CONTENT="and" WIDTH="45" HPOS="1239" VPOS="305" ID="st7-27"/><SP/><String HEIGHT="26" CONTENT="after" WIDTH="55" HPOS="1292" VPOS="305" ID="st7-28"/><SP/><String HEIGHT="26" CONTENT="the" WIDTH="39" HPOS="1355" VPOS="305" ID="st7-29"/></TextLine><TextLine HPOS="196" VPOS="341" ID="tl7-2" WIDTH="666" HEIGHT="26"><String HEIGHT="26" CONTENT="coming" WIDTH="88" HPOS="196" VPOS="341" ID="st7-30"/><SP/><String HEIGHT="26" CONTENT="into" WIDTH="46" HPOS="292" VPOS="341" ID="st7-31"/><SP/><String HEIGHT="26" CONTENT="operation" WIDTH="114" HPOS="346" VPOS="341" ID="st7-32"/><SP/><String HEIGHT="26" CONTENT="of" WIDTH="25" HPOS="468" VPOS="341" ID="st7-33"/><SP/><String HEIGHT="26" CONTENT="the" WIDTH="39" HPOS="500" VPOS="341" ID="st7-34"/><SP/><String HEIGHT="26" CONTENT="wage" WIDTH="65" HPOS="547" VPOS="341" ID="st7-35"/><SP/><String HEIGHT="26" CONTENT="negotiation" WIDTH="136" HPOS="619" VPOS="341" ID="st7-36"/><SP/><String HEIGHT="26" CONTENT="network" WIDTH="99" HPOS="763" VPOS="341" ID="st7-37"/></TextLine><TextLine HPOS="366" VPOS="423" ID="tl7-3" WIDTH="266" HEIGHT="21"><String HEIGHT="21" CONTENT="Wage" WIDTH="59" HPOS="366" VPOS="423" ID="st7-38"/><SP/><String HEIGHT="21" CONTENT="increases" WIDTH="95" HPOS="431" VPOS="423" ID="st7-39"/><String HEIGHT="21" CONTENT="(" WIDTH="10" HPOS="532" VPOS="423" ID="st7-40"/><String HEIGHT="21" CONTENT="per" WIDTH="32" HPOS="542" VPOS="423" ID="st7-41"/><SP/><String HEIGHT="21" CONTENT="cent" WIDTH="41" HPOS="580" VPOS="423" ID="st7-42"/><String HEIGHT="21" CONTENT=")" WIDTH="11" HPOS="621" VPOS="423" ID="st7-43"/></TextLine><TextLine HPOS="366" VPOS="462" ID="tl7-4" WIDTH="275" HEIGHT="21"><String HEIGHT="21" CONTENT="Belgium" WIDTH="85" HPOS="366" VPOS="462" ID="st7-44"/><SP/><String HEIGHT="21" CONTENT="Germany" WIDTH="95" HPOS="546" VPOS="462" ID="st7-45"/></TextLine><TextLine HPOS="196" VPOS="504" ID="tl7-5" WIDTH="374" HEIGHT="20"><String HEIGHT="20" CONTENT="1989–1998" WIDTH="110" HPOS="196" VPOS="504" ID="st7-46"/><SP/><String HEIGHT="20" CONTENT="27" WIDTH="24" HPOS="366" VPOS="504" ID="st7-47"/><SP/><String HEIGHT="20" CONTENT="54" WIDTH="24" HPOS="546" VPOS="504" ID="st7-48"/></TextLine><TextLine HPOS="196" VPOS="545" ID="tl7-6" WIDTH="374" HEIGHT="21"><String HEIGHT="21" CONTENT="1999–2008" WIDTH="110" HPOS="196" VPOS="545" ID="st7-49"/><SP/><String HEIGHT="21" CONTENT="36" WIDTH="24" HPOS="366" VPOS="545" ID="st7-50"/><SP/><String HEIGHT="21" CONTENT="33" WIDTH="24" HPOS="546" VPOS="545" ID="st7-51"/></TextLine><TextLine HPOS="196" VPOS="587" ID="tl7-7" WIDTH="230" HEIGHT="20"><String HEIGHT="20" CONTENT="Source" WIDTH="60" HPOS="196" VPOS="587" ID="st7-52"/><String HEIGHT="20" CONTENT=":" WIDTH="10" HPOS="256" VPOS="587" ID="st7-53"/><SP/><String HEIGHT="20" CONTENT="See" WIDTH="33" HPOS="273" VPOS="587" ID="st7-54"/><SP/><String HEIGHT="20" CONTENT="Figures" WIDTH="66" HPOS="312" VPOS="587" ID="st7-55"/><SP/><String HEIGHT="20" CONTENT="1–3" WIDTH="31" HPOS="384" VPOS="587" ID="st7-56"/><String HEIGHT="20" CONTENT="." WIDTH="11" HPOS="415" VPOS="587" ID="st7-57"/></TextLine><TextLine HPOS="726" VPOS="462" ID="tl7-8" WIDTH="127" HEIGHT="21"><String HEIGHT="21" CONTENT="Netherlands" WIDTH="127" HPOS="726" VPOS="462" ID="st7-58"/></TextLine><TextLine HPOS="726" VPOS="504" ID="tl7-9" WIDTH="25" HEIGHT="20"><String HEIGHT="20" CONTENT="31" WIDTH="25" HPOS="726" VPOS="504" ID="st7-59"/></TextLine><TextLine HPOS="726" VPOS="545" ID="tl7-10" WIDTH="25" HEIGHT="21"><String HEIGHT="21" CONTENT="31" WIDTH="25" HPOS="726" VPOS="545" ID="st7-60"/></TextLine><TextLine HPOS="906" VPOS="423" ID="tl7-11" WIDTH="382" HEIGHT="21"><String HEIGHT="21" CONTENT="EMF" WIDTH="45" HPOS="906" VPOS="423" ID="st7-61"/><SP/><String HEIGHT="21" CONTENT="scope" WIDTH="59" HPOS="957" VPOS="423" ID="st7-62"/><SP/><String HEIGHT="21" CONTENT="for" WIDTH="31" HPOS="1022" VPOS="423" ID="st7-63"/><SP/><String HEIGHT="21" CONTENT="distribution" WIDTH="122" HPOS="1059" VPOS="423" ID="st7-64"/><String HEIGHT="21" CONTENT="(" WIDTH="10" HPOS="1188" VPOS="423" ID="st7-65"/><String HEIGHT="21" CONTENT="per" WIDTH="32" HPOS="1198" VPOS="423" ID="st7-66"/><SP/><String HEIGHT="21" CONTENT="cent" WIDTH="41" HPOS="1236" VPOS="423" ID="st7-67"/><String HEIGHT="21" CONTENT=")" WIDTH="11" HPOS="1277" VPOS="423" ID="st7-68"/></TextLine><TextLine HPOS="906" VPOS="462" ID="tl7-12" WIDTH="488" HEIGHT="21"><String HEIGHT="21" CONTENT="Belgium" WIDTH="85" HPOS="906" VPOS="462" ID="st7-69"/><SP/><String HEIGHT="21" CONTENT="Germany" WIDTH="95" HPOS="1086" VPOS="462" ID="st7-70"/><SP/><String HEIGHT="21" CONTENT="Netherlands" WIDTH="128" HPOS="1266" VPOS="462" ID="st7-71"/></TextLine><TextLine HPOS="906" VPOS="504" ID="tl7-13" WIDTH="385" HEIGHT="20"><String HEIGHT="20" CONTENT="54" WIDTH="25" HPOS="906" VPOS="504" ID="st7-72"/><SP/><String HEIGHT="20" CONTENT="69" WIDTH="25" HPOS="1086" VPOS="504" ID="st7-73"/><SP/><String HEIGHT="20" CONTENT="64" WIDTH="25" HPOS="1266" VPOS="504" ID="st7-74"/></TextLine><TextLine HPOS="906" VPOS="545" ID="tl7-14" WIDTH="385" HEIGHT="21"><String HEIGHT="21" CONTENT="39" WIDTH="25" HPOS="906" VPOS="545" ID="st7-75"/><SP/><String HEIGHT="21" CONTENT="35" WIDTH="25" HPOS="1086" VPOS="545" ID="st7-76"/><SP/><String HEIGHT="21" CONTENT="46" WIDTH="25" HPOS="1266" VPOS="545" ID="st7-77"/></TextLine><TextLine HPOS="196" VPOS="668" ID="tl7-15" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="196" VPOS="668" ID="st7-78"/><SP/><String HEIGHT="23" CONTENT="1999" WIDTH="55" HPOS="254" VPOS="668" ID="st7-79"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="316" VPOS="668" ID="st7-80"/><SP/><String HEIGHT="23" CONTENT="2008" WIDTH="55" HPOS="345" VPOS="668" ID="st7-81"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="407" VPOS="668" ID="st7-82"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="89" HPOS="433" VPOS="668" ID="st7-83"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="522" VPOS="668" ID="st7-84"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="541" VPOS="668" ID="st7-85"/><SP/><String HEIGHT="23" CONTENT="33" WIDTH="27" HPOS="569" VPOS="668" ID="st7-86"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="35" HPOS="603" VPOS="668" ID="st7-87"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="42" HPOS="644" VPOS="668" ID="st7-88"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="686" VPOS="668" ID="st7-89"/><SP/><String HEIGHT="23" CONTENT="was" WIDTH="41" HPOS="704" VPOS="668" ID="st7-90"/><SP/><String HEIGHT="23" CONTENT="very" WIDTH="43" HPOS="752" VPOS="668" ID="st7-91"/></TextLine><TextLine HPOS="196" VPOS="704" ID="tl7-16" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="close" WIDTH="53" HPOS="196" VPOS="704" ID="st7-92"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="257" VPOS="704" ID="st7-93"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="288" VPOS="704" ID="st7-94"/><SP/><String HEIGHT="23" CONTENT="scope" WIDTH="61" HPOS="331" VPOS="704" ID="st7-95"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="400" VPOS="704" ID="st7-96"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="120" HPOS="439" VPOS="704" ID="st7-97"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="568" VPOS="704" ID="st7-98"/><SP/><String HEIGHT="23" CONTENT="35" WIDTH="28" HPOS="598" VPOS="704" ID="st7-99"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="35" HPOS="634" VPOS="704" ID="st7-100"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="42" HPOS="677" VPOS="704" ID="st7-101"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="719" VPOS="704" ID="st7-102"/><SP/><String HEIGHT="23" CONTENT="while" WIDTH="57" HPOS="738" VPOS="704" ID="st7-103"/></TextLine><TextLine HPOS="196" VPOS="740" ID="tl7-17" WIDTH="582" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="196" VPOS="740" ID="st7-104"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="223" VPOS="740" ID="st7-105"/><SP/><String HEIGHT="23" CONTENT="previous" WIDTH="89" HPOS="264" VPOS="740" ID="st7-106"/><SP/><String HEIGHT="23" CONTENT="decade" WIDTH="76" HPOS="360" VPOS="740" ID="st7-107"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="443" VPOS="740" ID="st7-108"/><SP/><String HEIGHT="23" CONTENT="had" WIDTH="40" HPOS="464" VPOS="740" ID="st7-109"/><SP/><String HEIGHT="23" CONTENT="fallen" WIDTH="59" HPOS="511" VPOS="740" ID="st7-110"/><SP/><String HEIGHT="23" CONTENT="below" WIDTH="65" HPOS="577" VPOS="740" ID="st7-111"/><SP/><String HEIGHT="23" CONTENT="15" WIDTH="28" HPOS="649" VPOS="740" ID="st7-112"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="34" HPOS="684" VPOS="740" ID="st7-113"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="42" HPOS="725" VPOS="740" ID="st7-114"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="767" VPOS="740" ID="st7-115"/></TextLine><TextLine HPOS="778" VPOS="739" ID="tl7-18" WIDTH="8" HEIGHT="14"><String HEIGHT="14" CONTENT="3" WIDTH="8" HPOS="778" VPOS="739" ID="st7-116"/></TextLine><TextLine HPOS="222" VPOS="841" ID="tl7-19" WIDTH="573" HEIGHT="33"><String HEIGHT="33" CONTENT="Problems" WIDTH="139" HPOS="222" VPOS="841" ID="st7-117"/><SP/><String HEIGHT="33" CONTENT="with" WIDTH="69" HPOS="371" VPOS="841" ID="st7-118"/><SP/><String HEIGHT="33" CONTENT="the" WIDTH="50" HPOS="450" VPOS="841" ID="st7-119"/><SP/><String HEIGHT="33" CONTENT="Implementation" WIDTH="243" HPOS="510" VPOS="841" ID="st7-120"/><SP/><String HEIGHT="33" CONTENT="of" WIDTH="32" HPOS="763" VPOS="841" ID="st7-121"/></TextLine><TextLine HPOS="409" VPOS="877" ID="tl7-20" WIDTH="386" HEIGHT="33"><String HEIGHT="33" CONTENT="the" WIDTH="50" HPOS="409" VPOS="877" ID="st7-122"/><SP/><String HEIGHT="33" CONTENT="Trade" WIDTH="83" HPOS="469" VPOS="877" ID="st7-123"/><SP/><String HEIGHT="33" CONTENT="Union" WIDTH="92" HPOS="562" VPOS="877" ID="st7-124"/><SP/><String HEIGHT="33" CONTENT="Concept" WIDTH="131" HPOS="664" VPOS="877" ID="st7-125"/></TextLine><TextLine HPOS="196" VPOS="957" ID="tl7-21" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="If" WIDTH="14" HPOS="196" VPOS="957" ID="st7-126"/><String HEIGHT="23" CONTENT="," WIDTH="7" HPOS="210" VPOS="957" ID="st7-127"/><SP/><String HEIGHT="23" CONTENT="based" WIDTH="62" HPOS="226" VPOS="957" ID="st7-128"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="27" HPOS="297" VPOS="957" ID="st7-129"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="333" VPOS="957" ID="st7-130"/><SP/><String HEIGHT="23" CONTENT="results" WIDTH="68" HPOS="376" VPOS="957" ID="st7-131"/><SP/><String HEIGHT="23" CONTENT="given" WIDTH="57" HPOS="452" VPOS="957" ID="st7-132"/><SP/><String HEIGHT="23" CONTENT="above" WIDTH="58" HPOS="518" VPOS="957" ID="st7-133"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="576" VPOS="957" ID="st7-134"/><SP/><String HEIGHT="23" CONTENT="cross" WIDTH="54" HPOS="597" VPOS="957" ID="st7-135"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="651" VPOS="957" ID="st7-136"/><String HEIGHT="23" CONTENT="border" WIDTH="66" HPOS="662" VPOS="957" ID="st7-137"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="736" VPOS="957" ID="st7-138"/></TextLine><TextLine HPOS="196" VPOS="993" ID="tl7-22" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="196" VPOS="993" ID="st7-139"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="266" VPOS="993" ID="st7-140"/><SP/><String HEIGHT="23" CONTENT="appears" WIDTH="83" HPOS="408" VPOS="993" ID="st7-141"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="500" VPOS="993" ID="st7-142"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="530" VPOS="993" ID="st7-143"/><SP/><String HEIGHT="23" CONTENT="possible" WIDTH="80" HPOS="565" VPOS="993" ID="st7-144"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="645" VPOS="993" ID="st7-145"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="44" HPOS="664" VPOS="993" ID="st7-146"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="716" VPOS="993" ID="st7-147"/><SP/><String HEIGHT="23" CONTENT="good" WIDTH="56" HPOS="739" VPOS="993" ID="st7-148"/></TextLine><TextLine HPOS="196" VPOS="1029" ID="tl7-23" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="news" WIDTH="56" HPOS="196" VPOS="1029" ID="st7-149"/><SP/><String HEIGHT="23" CONTENT="first" WIDTH="40" HPOS="259" VPOS="1029" ID="st7-150"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="306" VPOS="1029" ID="st7-151"/><SP/><String HEIGHT="23" CONTENT="all" WIDTH="23" HPOS="336" VPOS="1029" ID="st7-152"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="366" VPOS="1029" ID="st7-153"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="404" VPOS="1029" ID="st7-154"/><SP/><String HEIGHT="23" CONTENT="toolbox" WIDTH="80" HPOS="446" VPOS="1029" ID="st7-155"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="533" VPOS="1029" ID="st7-156"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="102" HPOS="563" VPOS="1029" ID="st7-157"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="673" VPOS="1029" ID="st7-158"/><SP/><String HEIGHT="23" CONTENT="coor" WIDTH="44" HPOS="741" VPOS="1029" ID="st7-159" SUBS_TYPE="HypPart1" SUBS_CONTENT="coordination"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="1029" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1065" ID="tl7-24" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="dination" WIDTH="84" HPOS="196" VPOS="1065" ID="st7-160" SUBS_TYPE="HypPart2" SUBS_CONTENT="coordination"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="280" VPOS="1065" ID="st7-161"/><SP/><String HEIGHT="23" CONTENT="Before" WIDTH="69" HPOS="297" VPOS="1065" ID="st7-162"/><SP/><String HEIGHT="23" CONTENT="any" WIDTH="38" HPOS="373" VPOS="1065" ID="st7-163"/><SP/><String HEIGHT="23" CONTENT="widespread" WIDTH="122" HPOS="417" VPOS="1065" ID="st7-164"/><SP/><String HEIGHT="23" CONTENT="application" WIDTH="116" HPOS="546" VPOS="1065" ID="st7-165"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="669" VPOS="1065" ID="st7-166"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="698" VPOS="1065" ID="st7-167"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="739" VPOS="1065" ID="st7-168"/></TextLine><TextLine HPOS="196" VPOS="1101" ID="tl7-25" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="union" WIDTH="62" HPOS="196" VPOS="1101" ID="st7-169"/><SP/><String HEIGHT="23" CONTENT="concept" WIDTH="79" HPOS="266" VPOS="1101" ID="st7-170"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="345" VPOS="1101" ID="st7-171"/><SP/><String HEIGHT="23" CONTENT="however" WIDTH="84" HPOS="365" VPOS="1101" ID="st7-172"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="449" VPOS="1101" ID="st7-173"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="470" VPOS="1101" ID="st7-174"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="492" VPOS="1101" ID="st7-175"/><SP/><String HEIGHT="23" CONTENT="advisable" WIDTH="97" HPOS="515" VPOS="1101" ID="st7-176"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="620" VPOS="1101" ID="st7-177"/><SP/><String HEIGHT="23" CONTENT="look" WIDTH="46" HPOS="651" VPOS="1101" ID="st7-178"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="705" VPOS="1101" ID="st7-179"/><SP/><String HEIGHT="23" CONTENT="possi" WIDTH="51" HPOS="734" VPOS="1101" ID="st7-180" SUBS_TYPE="HypPart1" SUBS_CONTENT="possible"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="1101" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1138" ID="tl7-26" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="ble" WIDTH="32" HPOS="196" VPOS="1138" ID="st7-181" SUBS_TYPE="HypPart2" SUBS_CONTENT="possible"/><SP/><String HEIGHT="22" CONTENT="economic" WIDTH="102" HPOS="238" VPOS="1138" ID="st7-182"/><SP/><String HEIGHT="22" CONTENT="policy" WIDTH="61" HPOS="350" VPOS="1138" ID="st7-183"/><SP/><String HEIGHT="22" CONTENT="consequences" WIDTH="144" HPOS="420" VPOS="1138" ID="st7-184"/><String HEIGHT="22" CONTENT="." WIDTH="12" HPOS="564" VPOS="1138" ID="st7-185"/><SP/><String HEIGHT="22" CONTENT="In" WIDTH="19" HPOS="585" VPOS="1138" ID="st7-186"/><SP/><String HEIGHT="22" CONTENT="fact" WIDTH="37" HPOS="614" VPOS="1138" ID="st7-187"/><String HEIGHT="22" CONTENT="," WIDTH="10" HPOS="651" VPOS="1138" ID="st7-188"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="670" VPOS="1138" ID="st7-189"/><SP/><String HEIGHT="22" CONTENT="existing" WIDTH="81" HPOS="714" VPOS="1138" ID="st7-190"/></TextLine><TextLine HPOS="196" VPOS="1174" ID="tl7-27" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tensions" WIDTH="88" HPOS="196" VPOS="1174" ID="st7-191"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="295" VPOS="1174" ID="st7-192"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="326" VPOS="1174" ID="st7-193"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="372" VPOS="1174" ID="st7-194"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="59" HPOS="483" VPOS="1174" ID="st7-195"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="553" VPOS="1174" ID="st7-196"/><SP/><String HEIGHT="23" CONTENT="exacerbated" WIDTH="129" HPOS="591" VPOS="1174" ID="st7-197"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="732" VPOS="1174" ID="st7-198"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="768" VPOS="1174" ID="st7-199"/></TextLine><TextLine HPOS="196" VPOS="1210" ID="tl7-28" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="extension" WIDTH="102" HPOS="196" VPOS="1210" ID="st7-200"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="305" VPOS="1210" ID="st7-201"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="335" VPOS="1210" ID="st7-202"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="46" HPOS="377" VPOS="1210" ID="st7-203"/><SP/><String HEIGHT="23" CONTENT="approach" WIDTH="94" HPOS="431" VPOS="1210" ID="st7-204"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="525" VPOS="1210" ID="st7-205"/><SP/><String HEIGHT="23" CONTENT="A" WIDTH="16" HPOS="545" VPOS="1210" ID="st7-206"/><SP/><String HEIGHT="23" CONTENT="look" WIDTH="46" HPOS="569" VPOS="1210" ID="st7-207"/><SP/><String HEIGHT="23" CONTENT="back" WIDTH="50" HPOS="622" VPOS="1210" ID="st7-208"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="680" VPOS="1210" ID="st7-209"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="708" VPOS="1210" ID="st7-210"/><SP/><String HEIGHT="23" CONTENT="past" WIDTH="45" HPOS="750" VPOS="1210" ID="st7-211"/></TextLine><TextLine HPOS="196" VPOS="1246" ID="tl7-29" WIDTH="174" HEIGHT="23"><String HEIGHT="23" CONTENT="makes" WIDTH="68" HPOS="196" VPOS="1246" ID="st7-212"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="271" VPOS="1246" ID="st7-213"/><SP/><String HEIGHT="23" CONTENT="clear" WIDTH="45" HPOS="316" VPOS="1246" ID="st7-214"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="361" VPOS="1246" ID="st7-215"/></TextLine><TextLine HPOS="196" VPOS="1318" ID="tl7-30" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="196" VPOS="1318" ID="st7-216"/><SP/><String HEIGHT="23" CONTENT="concept" WIDTH="84" HPOS="240" VPOS="1318" ID="st7-217"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="329" VPOS="1318" ID="st7-218"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="356" VPOS="1318" ID="st7-219"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="133" HPOS="419" VPOS="1318" ID="st7-220"/><SP/><String HEIGHT="23" CONTENT="applied" WIDTH="77" HPOS="557" VPOS="1318" ID="st7-221"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="639" VPOS="1318" ID="st7-222"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="668" VPOS="1318" ID="st7-223"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="45" HPOS="708" VPOS="1318" ID="st7-224"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="758" VPOS="1318" ID="st7-225"/></TextLine><TextLine HPOS="196" VPOS="1354" ID="tl7-31" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="long" WIDTH="48" HPOS="196" VPOS="1354" ID="st7-226"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="252" VPOS="1354" ID="st7-227"/><SP/><String HEIGHT="23" CONTENT="familiar" WIDTH="79" HPOS="314" VPOS="1354" ID="st7-228"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="402" VPOS="1354" ID="st7-229"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="430" VPOS="1354" ID="st7-230"/><SP/><String HEIGHT="23" CONTENT="under" WIDTH="63" HPOS="536" VPOS="1354" ID="st7-231"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="608" VPOS="1354" ID="st7-232"/><SP/><String HEIGHT="23" CONTENT="terms" WIDTH="60" HPOS="651" VPOS="1354" ID="st7-233"/><String HEIGHT="23" CONTENT="»" WIDTH="12" HPOS="720" VPOS="1354" ID="st7-234"/><String HEIGHT="23" CONTENT="scope" WIDTH="63" HPOS="732" VPOS="1354" ID="st7-235"/></TextLine><TextLine HPOS="196" VPOS="1390" ID="tl7-32" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="196" VPOS="1390" ID="st7-236"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="124" HPOS="227" VPOS="1390" ID="st7-237"/><String HEIGHT="23" CONTENT="«" WIDTH="11" HPOS="351" VPOS="1390" ID="st7-238"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="370" VPOS="1390" ID="st7-239"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="419" VPOS="1390" ID="st7-240"/><SP/><String HEIGHT="23" CONTENT="so" WIDTH="20" HPOS="462" VPOS="1390" ID="st7-241"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="482" VPOS="1390" ID="st7-242"/><String HEIGHT="23" CONTENT="called" WIDTH="63" HPOS="493" VPOS="1390" ID="st7-243"/><String HEIGHT="23" CONTENT="»" WIDTH="12" HPOS="564" VPOS="1390" ID="st7-244"/><String HEIGHT="23" CONTENT="Meinhold" WIDTH="103" HPOS="576" VPOS="1390" ID="st7-245"/><SP/><String HEIGHT="23" CONTENT="Formula" WIDTH="83" HPOS="688" VPOS="1390" ID="st7-246"/><String HEIGHT="23" CONTENT="«" WIDTH="12" HPOS="771" VPOS="1390" ID="st7-247"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="783" VPOS="1390" ID="st7-248"/></TextLine><TextLine HPOS="196" VPOS="1426" ID="tl7-33" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Ultimately" WIDTH="101" HPOS="196" VPOS="1426" ID="st7-249"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="297" VPOS="1426" ID="st7-250"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="319" VPOS="1426" ID="st7-251"/><SP/><String HEIGHT="23" CONTENT="comes" WIDTH="68" HPOS="344" VPOS="1426" ID="st7-252"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="423" VPOS="1426" ID="st7-253"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="485" VPOS="1426" ID="st7-254"/><SP/><String HEIGHT="23" CONTENT="period" WIDTH="68" HPOS="509" VPOS="1426" ID="st7-255"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="588" VPOS="1426" ID="st7-256"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="618" VPOS="1426" ID="st7-257"/><SP/><String HEIGHT="23" CONTENT="monetary" WIDTH="102" HPOS="693" VPOS="1426" ID="st7-258"/></TextLine><TextLine HPOS="196" VPOS="1463" ID="tl7-34" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="policy" WIDTH="61" HPOS="196" VPOS="1463" ID="st7-259"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="266" VPOS="1463" ID="st7-260"/><SP/><String HEIGHT="22" CONTENT="Europe" WIDTH="75" HPOS="294" VPOS="1463" ID="st7-261"/><SP/><String HEIGHT="22" CONTENT="was" WIDTH="42" HPOS="377" VPOS="1463" ID="st7-262"/><SP/><String HEIGHT="22" CONTENT="still" WIDTH="35" HPOS="427" VPOS="1463" ID="st7-263"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="470" VPOS="1463" ID="st7-264"/><SP/><String HEIGHT="22" CONTENT="national" WIDTH="86" HPOS="492" VPOS="1463" ID="st7-265"/><SP/><String HEIGHT="22" CONTENT="competence" WIDTH="131" HPOS="586" VPOS="1463" ID="st7-266"/><String HEIGHT="22" CONTENT="(" WIDTH="11" HPOS="725" VPOS="1463" ID="st7-267"/><String HEIGHT="22" CONTENT="Mein" WIDTH="48" HPOS="736" VPOS="1463" ID="st7-268" SUBS_TYPE="HypPart1" SUBS_CONTENT="Meinhold"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1463" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="1499" ID="tl7-35" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="hold" WIDTH="48" HPOS="196" VPOS="1499" ID="st7-269" SUBS_TYPE="HypPart2" SUBS_CONTENT="Meinhold"/><SP/><String HEIGHT="23" CONTENT="1969" WIDTH="46" HPOS="252" VPOS="1499" ID="st7-270"/><String HEIGHT="23" CONTENT=")" WIDTH="11" HPOS="298" VPOS="1499" ID="st7-271"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="309" VPOS="1499" ID="st7-272"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="329" VPOS="1499" ID="st7-273"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="357" VPOS="1499" ID="st7-274"/><SP/><String HEIGHT="23" CONTENT="monetary" WIDTH="102" HPOS="377" VPOS="1499" ID="st7-275"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="56" HPOS="487" VPOS="1499" ID="st7-276"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="543" VPOS="1499" ID="st7-277"/><SP/><String HEIGHT="23" CONTENT="however" WIDTH="84" HPOS="563" VPOS="1499" ID="st7-278"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="647" VPOS="1499" ID="st7-279"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="667" VPOS="1499" ID="st7-280"/><SP/><String HEIGHT="23" CONTENT="concept" WIDTH="85" HPOS="710" VPOS="1499" ID="st7-281"/></TextLine><TextLine HPOS="196" VPOS="1535" ID="tl7-36" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="196" VPOS="1535" ID="st7-282"/><SP/><String HEIGHT="23" CONTENT="scope" WIDTH="61" HPOS="224" VPOS="1535" ID="st7-283"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="290" VPOS="1535" ID="st7-284"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="117" HPOS="326" VPOS="1535" ID="st7-285"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="443" VPOS="1535" ID="st7-286"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="458" VPOS="1535" ID="st7-287"/><SP/><String HEIGHT="23" CONTENT="makes" WIDTH="68" HPOS="527" VPOS="1535" ID="st7-288"/><SP/><String HEIGHT="23" CONTENT="perfect" WIDTH="74" HPOS="601" VPOS="1535" ID="st7-289"/><SP/><String HEIGHT="23" CONTENT="sense" WIDTH="58" HPOS="681" VPOS="1535" ID="st7-290"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="744" VPOS="1535" ID="st7-291"/></TextLine><TextLine HPOS="196" VPOS="1571" ID="tl7-37" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="1571" ID="st7-292"/><SP/><String HEIGHT="23" CONTENT="standpoint" WIDTH="114" HPOS="242" VPOS="1571" ID="st7-293"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="366" VPOS="1571" ID="st7-294"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="399" VPOS="1571" ID="st7-295"/><SP/><String HEIGHT="23" CONTENT="individual" WIDTH="101" HPOS="437" VPOS="1571" ID="st7-296"/><SP/><String HEIGHT="23" CONTENT="worker" WIDTH="75" HPOS="549" VPOS="1571" ID="st7-297"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="23" HPOS="634" VPOS="1571" ID="st7-298"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="667" VPOS="1571" ID="st7-299"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="734" VPOS="1571" ID="st7-300"/></TextLine><TextLine HPOS="196" VPOS="1607" ID="tl7-38" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="member" WIDTH="80" HPOS="196" VPOS="1607" ID="st7-301"/><String HEIGHT="23" CONTENT="," WIDTH="14" HPOS="276" VPOS="1607" ID="st7-302"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="298" VPOS="1607" ID="st7-303"/><SP/><String HEIGHT="23" CONTENT="lead" WIDTH="44" HPOS="344" VPOS="1607" ID="st7-304"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="397" VPOS="1607" ID="st7-305"/><SP/><String HEIGHT="23" CONTENT="problematic" WIDTH="126" HPOS="427" VPOS="1607" ID="st7-306"/><SP/><String HEIGHT="23" CONTENT="developments" WIDTH="144" HPOS="561" VPOS="1607" ID="st7-307"/><String HEIGHT="23" CONTENT=";" WIDTH="12" HPOS="705" VPOS="1607" ID="st7-308"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="725" VPOS="1607" ID="st7-309"/><SP/><String HEIGHT="23" CONTENT="par" WIDTH="32" HPOS="753" VPOS="1607" ID="st7-310" SUBS_TYPE="HypPart1" SUBS_CONTENT="particular"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="1607" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1643" ID="tl7-39" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ticular" WIDTH="61" HPOS="196" VPOS="1643" ID="st7-311" SUBS_TYPE="HypPart2" SUBS_CONTENT="particular"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="257" VPOS="1643" ID="st7-312"/><SP/><String HEIGHT="23" CONTENT="if" WIDTH="14" HPOS="272" VPOS="1643" ID="st7-313"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="292" VPOS="1643" ID="st7-314"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="332" VPOS="1643" ID="st7-315"/><SP/><String HEIGHT="23" CONTENT="situation" WIDTH="92" HPOS="441" VPOS="1643" ID="st7-316"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="539" VPOS="1643" ID="st7-317"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="585" VPOS="1643" ID="st7-318"/><SP/><String HEIGHT="23" CONTENT="related" WIDTH="73" HPOS="625" VPOS="1643" ID="st7-319"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="52" HPOS="704" VPOS="1643" ID="st7-320"/><SP/><String HEIGHT="23" CONTENT="dy" WIDTH="22" HPOS="762" VPOS="1643" ID="st7-321" SUBS_TYPE="HypPart1" SUBS_CONTENT="dynamics"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1643" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1679" ID="tl7-40" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="namics" WIDTH="74" HPOS="196" VPOS="1679" ID="st7-322" SUBS_TYPE="HypPart2" SUBS_CONTENT="dynamics"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="275" VPOS="1679" ID="st7-323"/><SP/><String HEIGHT="23" CONTENT="individual" WIDTH="101" HPOS="300" VPOS="1679" ID="st7-324"/><SP/><String HEIGHT="23" CONTENT="member" WIDTH="89" HPOS="406" VPOS="1679" ID="st7-325"/><SP/><String HEIGHT="23" CONTENT="states" WIDTH="61" HPOS="501" VPOS="1679" ID="st7-326"/><SP/><String HEIGHT="23" CONTENT="differ" WIDTH="56" HPOS="567" VPOS="1679" ID="st7-327"/><SP/><String HEIGHT="23" CONTENT="markedly" WIDTH="89" HPOS="629" VPOS="1679" ID="st7-328"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="718" VPOS="1679" ID="st7-329"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="736" VPOS="1679" ID="st7-330"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="760" VPOS="1679" ID="st7-331"/></TextLine><TextLine HPOS="196" VPOS="1715" ID="tl7-41" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="past" WIDTH="45" HPOS="196" VPOS="1715" ID="st7-332"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="249" VPOS="1715" ID="st7-333"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="295" VPOS="1715" ID="st7-334"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="339" VPOS="1715" ID="st7-335"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="400" VPOS="1715" ID="st7-336"/><SP/><String HEIGHT="23" CONTENT="case" WIDTH="46" HPOS="443" VPOS="1715" ID="st7-337"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="498" VPOS="1715" ID="st7-338"/><SP/><String HEIGHT="23" CONTENT="some" WIDTH="57" HPOS="525" VPOS="1715" ID="st7-339"/><SP/><String HEIGHT="23" CONTENT="southern" WIDTH="95" HPOS="591" VPOS="1715" ID="st7-340"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="694" VPOS="1715" ID="st7-341"/></TextLine><TextLine HPOS="196" VPOS="1751" ID="tl7-42" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="countries" WIDTH="98" HPOS="196" VPOS="1751" ID="st7-342"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="301" VPOS="1751" ID="st7-343"/><SP/><String HEIGHT="23" CONTENT="comparison" WIDTH="123" HPOS="328" VPOS="1751" ID="st7-344"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="459" VPOS="1751" ID="st7-345"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="488" VPOS="1751" ID="st7-346"/><SP/><String HEIGHT="23" CONTENT="rest" WIDTH="39" HPOS="530" VPOS="1751" ID="st7-347"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="576" VPOS="1751" ID="st7-348"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="606" VPOS="1751" ID="st7-349"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="99" HPOS="648" VPOS="1751" ID="st7-350"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="754" VPOS="1751" ID="st7-351"/></TextLine><TextLine HPOS="196" VPOS="1788" ID="tl7-43" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="196" VPOS="1788" ID="st7-352"/><SP/><String HEIGHT="22" CONTENT="particular" WIDTH="100" HPOS="224" VPOS="1788" ID="st7-353"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="332" VPOS="1788" ID="st7-354"/><SP/><String HEIGHT="22" CONTENT="Germany" WIDTH="89" HPOS="360" VPOS="1788" ID="st7-355"/><String HEIGHT="22" CONTENT="." WIDTH="13" HPOS="449" VPOS="1788" ID="st7-356"/><SP/><String HEIGHT="22" CONTENT="Before" WIDTH="69" HPOS="470" VPOS="1788" ID="st7-357"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="548" VPOS="1788" ID="st7-358"/><SP/><String HEIGHT="22" CONTENT="introduction" WIDTH="130" HPOS="591" VPOS="1788" ID="st7-359"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="23" HPOS="729" VPOS="1788" ID="st7-360"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="760" VPOS="1788" ID="st7-361"/></TextLine><TextLine HPOS="196" VPOS="1824" ID="tl7-44" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="euro" WIDTH="44" HPOS="196" VPOS="1824" ID="st7-362"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="240" VPOS="1824" ID="st7-363"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="261" VPOS="1824" ID="st7-364"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="289" VPOS="1824" ID="st7-365"/><SP/><String HEIGHT="23" CONTENT="event" WIDTH="58" HPOS="333" VPOS="1824" ID="st7-366"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="400" VPOS="1824" ID="st7-367"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="431" VPOS="1824" ID="st7-368"/><SP/><String HEIGHT="23" CONTENT="overheating" WIDTH="126" HPOS="467" VPOS="1824" ID="st7-369"/><SP/><String HEIGHT="23" CONTENT="economy" WIDTH="98" HPOS="602" VPOS="1824" ID="st7-370"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="709" VPOS="1824" ID="st7-371"/></TextLine><TextLine HPOS="196" VPOS="1860" ID="tl7-45" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="central" WIDTH="72" HPOS="196" VPOS="1860" ID="st7-372"/><SP/><String HEIGHT="23" CONTENT="banks" WIDTH="62" HPOS="274" VPOS="1860" ID="st7-373"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="58" HPOS="341" VPOS="1860" ID="st7-374"/><SP/><String HEIGHT="23" CONTENT="step" WIDTH="44" HPOS="405" VPOS="1860" ID="st7-375"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="454" VPOS="1860" ID="st7-376"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="22" HPOS="479" VPOS="1860" ID="st7-377"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="507" VPOS="1860" ID="st7-378"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="531" VPOS="1860" ID="st7-379"/><SP/><String HEIGHT="23" CONTENT="case" WIDTH="46" HPOS="571" VPOS="1860" ID="st7-380"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="622" VPOS="1860" ID="st7-381"/><SP/><String HEIGHT="23" CONTENT="dynamic" WIDTH="88" HPOS="650" VPOS="1860" ID="st7-382"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="51" HPOS="744" VPOS="1860" ID="st7-383"/></TextLine><TextLine HPOS="196" VPOS="1896" ID="tl7-46" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="rises" WIDTH="46" HPOS="196" VPOS="1896" ID="st7-384"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="251" VPOS="1896" ID="st7-385"/><SP/><String HEIGHT="23" CONTENT="currency" WIDTH="90" HPOS="294" VPOS="1896" ID="st7-386"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="58" HPOS="392" VPOS="1896" ID="st7-387"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="459" VPOS="1896" ID="st7-388"/><SP/><String HEIGHT="23" CONTENT="devalued" WIDTH="95" HPOS="494" VPOS="1896" ID="st7-389"/><String HEIGHT="23" CONTENT="(" WIDTH="8" HPOS="598" VPOS="1896" ID="st7-390"/><String HEIGHT="23" CONTENT="this" WIDTH="36" HPOS="606" VPOS="1896" ID="st7-391"/><SP/><String HEIGHT="23" CONTENT="happened" WIDTH="107" HPOS="651" VPOS="1896" ID="st7-392"/><SP/><String HEIGHT="23" CONTENT="re" WIDTH="20" HPOS="766" VPOS="1896" ID="st7-393" SUBS_TYPE="HypPart1" SUBS_CONTENT="re3"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1896" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1976" ID="tl7-47" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="3" WIDTH="8" HPOS="196" VPOS="1976" ID="st7-394" SUBS_TYPE="HypPart2" SUBS_CONTENT="re3"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="204" VPOS="1976" ID="st7-395"/><SP/><String HEIGHT="18" CONTENT="This" WIDTH="32" HPOS="228" VPOS="1976" ID="st7-396"/><SP/><String HEIGHT="18" CONTENT="result" WIDTH="45" HPOS="267" VPOS="1976" ID="st7-397"/><SP/><String HEIGHT="18" CONTENT="is" WIDTH="12" HPOS="319" VPOS="1976" ID="st7-398"/><SP/><String HEIGHT="18" CONTENT="confirmed" WIDTH="84" HPOS="338" VPOS="1976" ID="st7-399"/><SP/><String HEIGHT="18" CONTENT="by" WIDTH="19" HPOS="429" VPOS="1976" ID="st7-400"/><SP/><String HEIGHT="18" CONTENT="statistical" WIDTH="75" HPOS="455" VPOS="1976" ID="st7-401"/><SP/><String HEIGHT="18" CONTENT="analysis" WIDTH="63" HPOS="537" VPOS="1976" ID="st7-402"/><SP/><String HEIGHT="18" CONTENT="not" WIDTH="28" HPOS="607" VPOS="1976" ID="st7-403"/><SP/><String HEIGHT="18" CONTENT="documented" WIDTH="105" HPOS="641" VPOS="1976" ID="st7-404"/><SP/><String HEIGHT="18" CONTENT="here" WIDTH="33" HPOS="753" VPOS="1976" ID="st7-405"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="786" VPOS="1976" ID="st7-406"/></TextLine><TextLine HPOS="196" VPOS="1999" ID="tl7-48" WIDTH="598" HEIGHT="18"><String HEIGHT="18" CONTENT="especially" WIDTH="78" HPOS="196" VPOS="1999" ID="st7-407"/><SP/><String HEIGHT="18" CONTENT="with" WIDTH="37" HPOS="278" VPOS="1999" ID="st7-408"/><SP/><String HEIGHT="18" CONTENT="regard" WIDTH="53" HPOS="319" VPOS="1999" ID="st7-409"/><SP/><String HEIGHT="18" CONTENT="to" WIDTH="18" HPOS="376" VPOS="1999" ID="st7-410"/><SP/><String HEIGHT="18" CONTENT="an" WIDTH="20" HPOS="398" VPOS="1999" ID="st7-411"/><SP/><String HEIGHT="18" CONTENT="increasing" WIDTH="82" HPOS="423" VPOS="1999" ID="st7-412"/><SP/><String HEIGHT="18" CONTENT="orientation" WIDTH="91" HPOS="509" VPOS="1999" ID="st7-413"/><SP/><String HEIGHT="18" CONTENT="on" WIDTH="22" HPOS="604" VPOS="1999" ID="st7-414"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="630" VPOS="1999" ID="st7-415"/><SP/><String HEIGHT="18" CONTENT="part" WIDTH="33" HPOS="661" VPOS="1999" ID="st7-416"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="699" VPOS="1999" ID="st7-417"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="720" VPOS="1999" ID="st7-418"/><SP/><String HEIGHT="18" CONTENT="trade" WIDTH="43" HPOS="751" VPOS="1999" ID="st7-419"/></TextLine><TextLine HPOS="196" VPOS="2023" ID="tl7-49" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="unions" WIDTH="55" HPOS="196" VPOS="2023" ID="st7-420"/><SP/><String HEIGHT="18" CONTENT="towards" WIDTH="67" HPOS="256" VPOS="2023" ID="st7-421"/><SP/><String HEIGHT="18" CONTENT="national" WIDTH="67" HPOS="328" VPOS="2023" ID="st7-422"/><SP/><String HEIGHT="18" CONTENT="rates" WIDTH="40" HPOS="400" VPOS="2023" ID="st7-423"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="18" HPOS="444" VPOS="2023" ID="st7-424"/><SP/><String HEIGHT="18" CONTENT="price" WIDTH="40" HPOS="466" VPOS="2023" ID="st7-425"/><SP/><String HEIGHT="18" CONTENT="increase" WIDTH="67" HPOS="511" VPOS="2023" ID="st7-426"/><SP/><String HEIGHT="18" CONTENT="after" WIDTH="39" HPOS="583" VPOS="2023" ID="st7-427"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="626" VPOS="2023" ID="st7-428"/><SP/><String HEIGHT="18" CONTENT="establishment" WIDTH="115" HPOS="658" VPOS="2023" ID="st7-429"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="778" VPOS="2023" ID="st7-430"/></TextLine><TextLine HPOS="196" VPOS="2046" ID="tl7-50" WIDTH="365" HEIGHT="18"><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="196" VPOS="2046" ID="st7-431"/><SP/><String HEIGHT="18" CONTENT="network" WIDTH="69" HPOS="229" VPOS="2046" ID="st7-432"/><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="303" VPOS="2046" ID="st7-433"/><String HEIGHT="18" CONTENT="see" WIDTH="25" HPOS="311" VPOS="2046" ID="st7-434"/><SP/><String HEIGHT="18" CONTENT="Pusch" WIDTH="48" HPOS="341" VPOS="2046" ID="st7-435"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="31" HPOS="394" VPOS="2046" ID="st7-436"/><SP/><String HEIGHT="18" CONTENT="Glassner" WIDTH="70" HPOS="431" VPOS="2046" ID="st7-437"/><SP/><String HEIGHT="18" CONTENT="2010" WIDTH="36" HPOS="506" VPOS="2046" ID="st7-438"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="542" VPOS="2046" ID="st7-439"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="551" VPOS="2046" ID="st7-440"/></TextLine><TextLine HPOS="858" VPOS="668" ID="tl7-51" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="peatedly" WIDTH="90" HPOS="858" VPOS="668" ID="st7-441"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="954" VPOS="668" ID="st7-442"/><SP/><String HEIGHT="23" CONTENT="Italy" WIDTH="40" HPOS="979" VPOS="668" ID="st7-443"/><String HEIGHT="23" CONTENT="," WIDTH="8" HPOS="1019" VPOS="668" ID="st7-444"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="1033" VPOS="668" ID="st7-445"/><SP/><String HEIGHT="23" CONTENT="instance" WIDTH="80" HPOS="1070" VPOS="668" ID="st7-446"/><String HEIGHT="23" CONTENT=")" WIDTH="10" HPOS="1150" VPOS="668" ID="st7-447"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1160" VPOS="668" ID="st7-448"/><SP/><String HEIGHT="23" CONTENT="These" WIDTH="61" HPOS="1177" VPOS="668" ID="st7-449"/><SP/><String HEIGHT="23" CONTENT="things" WIDTH="65" HPOS="1244" VPOS="668" ID="st7-450"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="1315" VPOS="668" ID="st7-451"/><SP/><String HEIGHT="23" CONTENT="no" WIDTH="28" HPOS="1354" VPOS="668" ID="st7-452"/><SP/><String HEIGHT="23" CONTENT="longer" WIDTH="68" HPOS="1388" VPOS="668" ID="st7-453"/></TextLine><TextLine HPOS="858" VPOS="704" ID="tl7-52" WIDTH="448" HEIGHT="23"><String HEIGHT="23" CONTENT="possible" WIDTH="85" HPOS="858" VPOS="704" ID="st7-454"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="949" VPOS="704" ID="st7-455"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="976" VPOS="704" ID="st7-456"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="1018" VPOS="704" ID="st7-457"/><SP/><String HEIGHT="23" CONTENT="Monetary" WIDTH="103" HPOS="1125" VPOS="704" ID="st7-458"/><SP/><String HEIGHT="23" CONTENT="Union" WIDTH="59" HPOS="1235" VPOS="704" ID="st7-459"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1294" VPOS="704" ID="st7-460"/></TextLine><TextLine HPOS="858" VPOS="776" ID="tl7-53" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="858" VPOS="776" ID="st7-461"/><SP/><String HEIGHT="23" CONTENT="dilemma" WIDTH="91" HPOS="907" VPOS="776" ID="st7-462"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1008" VPOS="776" ID="st7-463"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1041" VPOS="776" ID="st7-464"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1109" VPOS="776" ID="st7-465"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1180" VPOS="776" ID="st7-466"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1209" VPOS="776" ID="st7-467"/><SP/><String HEIGHT="23" CONTENT="Monetary" WIDTH="103" HPOS="1254" VPOS="776" ID="st7-468"/><SP/><String HEIGHT="23" CONTENT="Union" WIDTH="64" HPOS="1367" VPOS="776" ID="st7-469"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1441" VPOS="776" ID="st7-470"/></TextLine><TextLine HPOS="858" VPOS="813" ID="tl7-54" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="now" WIDTH="47" HPOS="858" VPOS="813" ID="st7-471"/><SP/><String HEIGHT="22" CONTENT="as" WIDTH="22" HPOS="916" VPOS="813" ID="st7-472"/><SP/><String HEIGHT="22" CONTENT="follows" WIDTH="72" HPOS="950" VPOS="813" ID="st7-473"/><String HEIGHT="22" CONTENT=":" WIDTH="11" HPOS="1022" VPOS="813" ID="st7-474"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="1044" VPOS="813" ID="st7-475"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="1075" VPOS="813" ID="st7-476"/><SP/><String HEIGHT="22" CONTENT="strong" WIDTH="67" HPOS="1099" VPOS="813" ID="st7-477"/><SP/><String HEIGHT="22" CONTENT="economy" WIDTH="97" HPOS="1178" VPOS="813" ID="st7-478"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="1286" VPOS="813" ID="st7-479"/><SP/><String HEIGHT="22" CONTENT="an" WIDTH="26" HPOS="1317" VPOS="813" ID="st7-480"/><SP/><String HEIGHT="22" CONTENT="individual" WIDTH="102" HPOS="1354" VPOS="813" ID="st7-481"/></TextLine><TextLine HPOS="858" VPOS="849" ID="tl7-55" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="member" WIDTH="89" HPOS="858" VPOS="849" ID="st7-482"/><SP/><String HEIGHT="23" CONTENT="state" WIDTH="52" HPOS="956" VPOS="849" ID="st7-483"/><SP/><String HEIGHT="23" CONTENT="prices" WIDTH="61" HPOS="1018" VPOS="849" ID="st7-484"/><SP/><String HEIGHT="23" CONTENT="tend" WIDTH="48" HPOS="1089" VPOS="849" ID="st7-485"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1147" VPOS="849" ID="st7-486"/><SP/><String HEIGHT="23" CONTENT="rise" WIDTH="34" HPOS="1179" VPOS="849" ID="st7-487"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="1213" VPOS="849" ID="st7-488"/><SP/><String HEIGHT="23" CONTENT="too" WIDTH="32" HPOS="1232" VPOS="849" ID="st7-489"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1264" VPOS="849" ID="st7-490"/><SP/><String HEIGHT="23" CONTENT="If" WIDTH="14" HPOS="1285" VPOS="849" ID="st7-491"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="1309" VPOS="849" ID="st7-492"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="51" HPOS="1405" VPOS="849" ID="st7-493"/></TextLine><TextLine HPOS="858" VPOS="885" ID="tl7-56" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="858" VPOS="885" ID="st7-494"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="959" VPOS="885" ID="st7-495"/><SP/><String HEIGHT="23" CONTENT="then" WIDTH="49" HPOS="997" VPOS="885" ID="st7-496"/><SP/><String HEIGHT="23" CONTENT="taken" WIDTH="60" HPOS="1051" VPOS="885" ID="st7-497"/><SP/><String HEIGHT="23" CONTENT="into" WIDTH="42" HPOS="1116" VPOS="885" ID="st7-498"/><SP/><String HEIGHT="23" CONTENT="account" WIDTH="84" HPOS="1164" VPOS="885" ID="st7-499"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1254" VPOS="885" ID="st7-500"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1279" VPOS="885" ID="st7-501"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="1343" VPOS="885" ID="st7-502"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="1444" VPOS="885" ID="st7-503"/></TextLine><TextLine HPOS="858" VPOS="921" ID="tl7-57" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="858" VPOS="921" ID="st7-504"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="889" VPOS="921" ID="st7-505"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="45" HPOS="934" VPOS="921" ID="st7-506"/><SP/><String HEIGHT="23" CONTENT="guideline" WIDTH="97" HPOS="989" VPOS="921" ID="st7-507"/><SP/><String HEIGHT="23" CONTENT="prescribes" WIDTH="105" HPOS="1095" VPOS="921" ID="st7-508"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="1210" VPOS="921" ID="st7-509"/><SP/><String HEIGHT="23" CONTENT="ultimately" WIDTH="104" HPOS="1232" VPOS="921" ID="st7-510"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="1345" VPOS="921" ID="st7-511"/><SP/><String HEIGHT="23" CONTENT="serves" WIDTH="64" HPOS="1392" VPOS="921" ID="st7-512"/></TextLine><TextLine HPOS="858" VPOS="957" ID="tl7-58" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="858" VPOS="957" ID="st7-513"/><SP/><String HEIGHT="23" CONTENT="perpetuate" WIDTH="117" HPOS="891" VPOS="957" ID="st7-514"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="1018" VPOS="957" ID="st7-515"/><SP/><String HEIGHT="23" CONTENT="inflationary" WIDTH="119" HPOS="1056" VPOS="957" ID="st7-516"/><SP/><String HEIGHT="23" CONTENT="dynamic" WIDTH="89" HPOS="1186" VPOS="957" ID="st7-517"/><SP/><String HEIGHT="23" CONTENT="once" WIDTH="51" HPOS="1286" VPOS="957" ID="st7-518"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="1348" VPOS="957" ID="st7-519"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="1373" VPOS="957" ID="st7-520"/><SP/><String HEIGHT="23" CONTENT="got" WIDTH="36" HPOS="1420" VPOS="957" ID="st7-521"/></TextLine><TextLine HPOS="858" VPOS="993" ID="tl7-59" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="under" WIDTH="62" HPOS="858" VPOS="993" ID="st7-522"/><SP/><String HEIGHT="23" CONTENT="way" WIDTH="36" HPOS="928" VPOS="993" ID="st7-523"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="964" VPOS="993" ID="st7-524"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="983" VPOS="993" ID="st7-525"/><SP/><String HEIGHT="23" CONTENT="leads" WIDTH="55" HPOS="1032" VPOS="993" ID="st7-526"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1094" VPOS="993" ID="st7-527"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1124" VPOS="993" ID="st7-528"/><SP/><String HEIGHT="23" CONTENT="loss" WIDTH="39" HPOS="1144" VPOS="993" ID="st7-529"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1190" VPOS="993" ID="st7-530"/><SP/><String HEIGHT="23" CONTENT="competitiveness" WIDTH="169" HPOS="1218" VPOS="993" ID="st7-531"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1395" VPOS="993" ID="st7-532"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1422" VPOS="993" ID="st7-533"/></TextLine><TextLine HPOS="858" VPOS="1029" ID="tl7-60" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="booming" WIDTH="96" HPOS="858" VPOS="1029" ID="st7-534"/><SP/><String HEIGHT="23" CONTENT="economy" WIDTH="89" HPOS="962" VPOS="1029" ID="st7-535"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1051" VPOS="1029" ID="st7-536"/><SP/><String HEIGHT="23" CONTENT="Although" WIDTH="100" HPOS="1073" VPOS="1029" ID="st7-537"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="1182" VPOS="1029" ID="st7-538"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="1246" VPOS="1029" ID="st7-539"/><SP/><String HEIGHT="23" CONTENT="members" WIDTH="99" HPOS="1316" VPOS="1029" ID="st7-540"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="1423" VPOS="1029" ID="st7-541"/></TextLine><TextLine HPOS="858" VPOS="1065" ID="tl7-61" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="perhaps" WIDTH="85" HPOS="858" VPOS="1065" ID="st7-542"/><SP/><String HEIGHT="23" CONTENT="initially" WIDTH="73" HPOS="951" VPOS="1065" ID="st7-543"/><SP/><String HEIGHT="23" CONTENT="contented" WIDTH="104" HPOS="1032" VPOS="1065" ID="st7-544"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1136" VPOS="1065" ID="st7-545"/><SP/><String HEIGHT="23" CONTENT="over" WIDTH="46" HPOS="1156" VPOS="1065" ID="st7-546"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1210" VPOS="1065" ID="st7-547"/><SP/><String HEIGHT="23" CONTENT="long" WIDTH="47" HPOS="1253" VPOS="1065" ID="st7-548"/><SP/><String HEIGHT="23" CONTENT="term" WIDTH="50" HPOS="1308" VPOS="1065" ID="st7-549"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="1366" VPOS="1065" ID="st7-550"/><SP/><String HEIGHT="23" CONTENT="may" WIDTH="44" HPOS="1412" VPOS="1065" ID="st7-551"/></TextLine><TextLine HPOS="858" VPOS="1101" ID="tl7-62" WIDTH="326" HEIGHT="23"><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="858" VPOS="1101" ID="st7-552"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="915" VPOS="1101" ID="st7-553"/><SP/><String HEIGHT="23" CONTENT="negative" WIDTH="90" HPOS="934" VPOS="1101" ID="st7-554"/><SP/><String HEIGHT="23" CONTENT="effect" WIDTH="61" HPOS="1031" VPOS="1101" ID="st7-555"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1099" VPOS="1101" ID="st7-556"/><SP/><String HEIGHT="23" CONTENT="jobs" WIDTH="40" HPOS="1134" VPOS="1101" ID="st7-557"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="1174" VPOS="1101" ID="st7-558"/></TextLine><TextLine HPOS="858" VPOS="1172" ID="tl7-63" WIDTH="525" HEIGHT="25"><String HEIGHT="25" CONTENT="Table" WIDTH="60" HPOS="858" VPOS="1172" ID="st7-559"/><SP/><String HEIGHT="25" CONTENT="2" WIDTH="11" HPOS="926" VPOS="1172" ID="st7-560"/><String HEIGHT="25" CONTENT=":" WIDTH="12" HPOS="937" VPOS="1172" ID="st7-561"/><SP/><String HEIGHT="25" CONTENT="Actual" WIDTH="75" HPOS="957" VPOS="1172" ID="st7-562"/><SP/><String HEIGHT="25" CONTENT="agreed" WIDTH="81" HPOS="1040" VPOS="1172" ID="st7-563"/><SP/><String HEIGHT="25" CONTENT="wage" WIDTH="65" HPOS="1129" VPOS="1172" ID="st7-564"/><SP/><String HEIGHT="25" CONTENT="increases" WIDTH="106" HPOS="1201" VPOS="1172" ID="st7-565"/><SP/><String HEIGHT="25" CONTENT="in" WIDTH="22" HPOS="1315" VPOS="1172" ID="st7-566"/><SP/><String HEIGHT="25" CONTENT="the" WIDTH="38" HPOS="1345" VPOS="1172" ID="st7-567"/></TextLine><TextLine HPOS="858" VPOS="1208" ID="tl7-64" WIDTH="567" HEIGHT="25"><String HEIGHT="25" CONTENT="metal" WIDTH="66" HPOS="858" VPOS="1208" ID="st7-568"/><SP/><String HEIGHT="25" CONTENT="sector" WIDTH="71" HPOS="932" VPOS="1208" ID="st7-569"/><SP/><String HEIGHT="25" CONTENT="and" WIDTH="44" HPOS="1011" VPOS="1208" ID="st7-570"/><SP/><String HEIGHT="25" CONTENT="possible" WIDTH="94" HPOS="1063" VPOS="1208" ID="st7-571"/><SP/><String HEIGHT="25" CONTENT="wage" WIDTH="65" HPOS="1165" VPOS="1208" ID="st7-572"/><SP/><String HEIGHT="25" CONTENT="increases" WIDTH="106" HPOS="1237" VPOS="1208" ID="st7-573"/><SP/><String HEIGHT="25" CONTENT="taking" WIDTH="74" HPOS="1351" VPOS="1208" ID="st7-574"/></TextLine><TextLine HPOS="858" VPOS="1244" ID="tl7-65" WIDTH="552" HEIGHT="25"><String HEIGHT="25" CONTENT="into" WIDTH="46" HPOS="858" VPOS="1244" ID="st7-575"/><SP/><String HEIGHT="25" CONTENT="account" WIDTH="94" HPOS="912" VPOS="1244" ID="st7-576"/><SP/><String HEIGHT="25" CONTENT="national" WIDTH="95" HPOS="1014" VPOS="1244" ID="st7-577"/><SP/><String HEIGHT="25" CONTENT="productivity" WIDTH="138" HPOS="1117" VPOS="1244" ID="st7-578"/><SP/><String HEIGHT="25" CONTENT="and" WIDTH="45" HPOS="1263" VPOS="1244" ID="st7-579"/><SP/><String HEIGHT="25" CONTENT="uniform" WIDTH="94" HPOS="1316" VPOS="1244" ID="st7-580"/></TextLine><TextLine HPOS="858" VPOS="1280" ID="tl7-66" WIDTH="584" HEIGHT="26"><String HEIGHT="26" CONTENT="­European" WIDTH="112" HPOS="858" VPOS="1280" ID="st7-581"/><SP/><String HEIGHT="26" CONTENT="price" WIDTH="57" HPOS="978" VPOS="1280" ID="st7-582"/><SP/><String HEIGHT="26" CONTENT="components" WIDTH="147" HPOS="1042" VPOS="1280" ID="st7-583"/><String HEIGHT="26" CONTENT="(" WIDTH="13" HPOS="1197" VPOS="1280" ID="st7-584"/><String HEIGHT="26" CONTENT="two" WIDTH="41" HPOS="1210" VPOS="1280" ID="st7-585"/><SP/><String HEIGHT="26" CONTENT="per" WIDTH="38" HPOS="1259" VPOS="1280" ID="st7-586"/><SP/><String HEIGHT="26" CONTENT="cent" WIDTH="51" HPOS="1305" VPOS="1280" ID="st7-587"/><SP/><String HEIGHT="26" CONTENT="a" WIDTH="13" HPOS="1364" VPOS="1280" ID="st7-588"/><SP/><String HEIGHT="26" CONTENT="year" WIDTH="45" HPOS="1385" VPOS="1280" ID="st7-589"/><String HEIGHT="26" CONTENT=")" WIDTH="12" HPOS="1430" VPOS="1280" ID="st7-590"/></TextLine><TextLine HPOS="858" VPOS="1427" ID="tl7-67" WIDTH="76" HEIGHT="20"><String HEIGHT="20" CONTENT="Belgium" WIDTH="76" HPOS="858" VPOS="1427" ID="st7-591"/></TextLine><TextLine HPOS="858" VPOS="1467" ID="tl7-68" WIDTH="86" HEIGHT="20"><String HEIGHT="20" CONTENT="Germany" WIDTH="86" HPOS="858" VPOS="1467" ID="st7-592"/></TextLine><TextLine HPOS="858" VPOS="1506" ID="tl7-69" WIDTH="113" HEIGHT="21"><String HEIGHT="21" CONTENT="Netherlands" WIDTH="113" HPOS="858" VPOS="1506" ID="st7-593"/></TextLine><TextLine HPOS="1015" VPOS="1348" ID="tl7-70" WIDTH="277" HEIGHT="21"><String HEIGHT="21" CONTENT="Wage" WIDTH="60" HPOS="1015" VPOS="1348" ID="st7-594"/><SP/><String HEIGHT="21" CONTENT="increases" WIDTH="95" HPOS="1081" VPOS="1348" ID="st7-595"/><SP/><String HEIGHT="21" CONTENT="1999–2008" WIDTH="110" HPOS="1182" VPOS="1348" ID="st7-596"/></TextLine><TextLine HPOS="1015" VPOS="1387" ID="tl7-71" WIDTH="323" HEIGHT="21"><String HEIGHT="21" CONTENT="Actual" WIDTH="67" HPOS="1015" VPOS="1387" ID="st7-597"/><String HEIGHT="21" CONTENT="»" WIDTH="11" HPOS="1236" VPOS="1387" ID="st7-598"/><String HEIGHT="21" CONTENT="Neutral" WIDTH="79" HPOS="1247" VPOS="1387" ID="st7-599"/><String HEIGHT="21" CONTENT="«" WIDTH="12" HPOS="1326" VPOS="1387" ID="st7-600"/></TextLine><TextLine HPOS="1015" VPOS="1427" ID="tl7-72" WIDTH="270" HEIGHT="20"><String HEIGHT="20" CONTENT="36 " WIDTH="37" HPOS="1015" VPOS="1427" ID="st7-601"/><String HEIGHT="20" CONTENT="%" WIDTH="13" HPOS="1052" VPOS="1427" ID="st7-602"/><SP/><String HEIGHT="20" CONTENT="33 " WIDTH="36" HPOS="1236" VPOS="1427" ID="st7-603"/><String HEIGHT="20" CONTENT="%" WIDTH="13" HPOS="1272" VPOS="1427" ID="st7-604"/></TextLine><TextLine HPOS="1015" VPOS="1467" ID="tl7-73" WIDTH="270" HEIGHT="20"><String HEIGHT="20" CONTENT="33 " WIDTH="37" HPOS="1015" VPOS="1467" ID="st7-605"/><String HEIGHT="20" CONTENT="%" WIDTH="13" HPOS="1052" VPOS="1467" ID="st7-606"/><SP/><String HEIGHT="20" CONTENT="37 " WIDTH="36" HPOS="1236" VPOS="1467" ID="st7-607"/><String HEIGHT="20" CONTENT="%" WIDTH="13" HPOS="1272" VPOS="1467" ID="st7-608"/></TextLine><TextLine HPOS="1015" VPOS="1506" ID="tl7-74" WIDTH="273" HEIGHT="21"><String HEIGHT="21" CONTENT="31 " WIDTH="37" HPOS="1015" VPOS="1506" ID="st7-609"/><String HEIGHT="21" CONTENT="%" WIDTH="13" HPOS="1052" VPOS="1506" ID="st7-610"/><SP/><String HEIGHT="21" CONTENT="39  " WIDTH="41" HPOS="1236" VPOS="1506" ID="st7-611"/><String HEIGHT="21" CONTENT="%" WIDTH="11" HPOS="1277" VPOS="1506" ID="st7-612"/></TextLine><TextLine HPOS="858" VPOS="1559" ID="tl7-75" WIDTH="224" HEIGHT="20"><String HEIGHT="20" CONTENT="Source" WIDTH="60" HPOS="858" VPOS="1559" ID="st7-613"/><String HEIGHT="20" CONTENT=":" WIDTH="10" HPOS="918" VPOS="1559" ID="st7-614"/><SP/><String HEIGHT="20" CONTENT="See" WIDTH="33" HPOS="934" VPOS="1559" ID="st7-615"/><SP/><String HEIGHT="20" CONTENT="Figures" WIDTH="67" HPOS="973" VPOS="1559" ID="st7-616"/><SP/><String HEIGHT="20" CONTENT="1–3" WIDTH="36" HPOS="1046" VPOS="1559" ID="st7-617"/></TextLine><TextLine HPOS="858" VPOS="1643" ID="tl7-76" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="Widespread" WIDTH="126" HPOS="858" VPOS="1643" ID="st7-618"/><SP/><String HEIGHT="23" CONTENT="application" WIDTH="116" HPOS="995" VPOS="1643" ID="st7-619"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1121" VPOS="1643" ID="st7-620"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1154" VPOS="1643" ID="st7-621"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="46" HPOS="1199" VPOS="1643" ID="st7-622"/><SP/><String HEIGHT="23" CONTENT="guideline" WIDTH="97" HPOS="1255" VPOS="1643" ID="st7-623"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1362" VPOS="1643" ID="st7-624"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="1392" VPOS="1643" ID="st7-625"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1428" VPOS="1643" ID="st7-626" SUBS_TYPE="HypPart1" SUBS_CONTENT="individual"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="1643" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1679" ID="tl7-77" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="dividual" WIDTH="82" HPOS="858" VPOS="1679" ID="st7-627" SUBS_TYPE="HypPart2" SUBS_CONTENT="individual"/><SP/><String HEIGHT="23" CONTENT="country" WIDTH="80" HPOS="949" VPOS="1679" ID="st7-628"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="1038" VPOS="1679" ID="st7-629"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1094" VPOS="1679" ID="st7-630"/><SP/><String HEIGHT="23" CONTENT="weak" WIDTH="57" HPOS="1115" VPOS="1679" ID="st7-631"/><SP/><String HEIGHT="23" CONTENT="economy" WIDTH="97" HPOS="1181" VPOS="1679" ID="st7-632"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="1287" VPOS="1679" ID="st7-633"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="1363" VPOS="1679" ID="st7-634"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1421" VPOS="1679" ID="st7-635"/></TextLine><TextLine HPOS="858" VPOS="1715" ID="tl7-78" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="opposite" WIDTH="91" HPOS="858" VPOS="1715" ID="st7-636"/><SP/><String HEIGHT="23" CONTENT="effect" WIDTH="58" HPOS="958" VPOS="1715" ID="st7-637"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="1016" VPOS="1715" ID="st7-638"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="1034" VPOS="1715" ID="st7-639"/><SP/><String HEIGHT="23" CONTENT="happened" WIDTH="101" HPOS="1065" VPOS="1715" ID="st7-640"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1166" VPOS="1715" ID="st7-641"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="1187" VPOS="1715" ID="st7-642"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="83" HPOS="1227" VPOS="1715" ID="st7-643"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1310" VPOS="1715" ID="st7-644"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1331" VPOS="1715" ID="st7-645"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="1359" VPOS="1715" ID="st7-646"/></TextLine><TextLine HPOS="858" VPOS="1751" ID="tl7-79" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="after" WIDTH="50" HPOS="858" VPOS="1751" ID="st7-647"/><SP/><String HEIGHT="23" CONTENT="2000" WIDTH="49" HPOS="919" VPOS="1751" ID="st7-648"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="968" VPOS="1751" ID="st7-649"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="992" VPOS="1751" ID="st7-650"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="1023" VPOS="1751" ID="st7-651"/><SP/><String HEIGHT="23" CONTENT="instance" WIDTH="83" HPOS="1071" VPOS="1751" ID="st7-652"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1154" VPOS="1751" ID="st7-653"/><SP/><String HEIGHT="23" CONTENT="competitiveness" WIDTH="170" HPOS="1176" VPOS="1751" ID="st7-654"/><SP/><String HEIGHT="23" CONTENT="gains" WIDTH="55" HPOS="1357" VPOS="1751" ID="st7-655"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="1423" VPOS="1751" ID="st7-656"/></TextLine><TextLine HPOS="858" VPOS="1788" ID="tl7-80" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="to" WIDTH="22" HPOS="858" VPOS="1788" ID="st7-657"/><SP/><String HEIGHT="22" CONTENT="be" WIDTH="27" HPOS="887" VPOS="1788" ID="st7-658"/><SP/><String HEIGHT="22" CONTENT="expected" WIDTH="95" HPOS="921" VPOS="1788" ID="st7-659"/><SP/><String HEIGHT="22" CONTENT="from" WIDTH="51" HPOS="1024" VPOS="1788" ID="st7-660"/><SP/><String HEIGHT="22" CONTENT="strict" WIDTH="51" HPOS="1082" VPOS="1788" ID="st7-661"/><SP/><String HEIGHT="22" CONTENT="application" WIDTH="117" HPOS="1140" VPOS="1788" ID="st7-662"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="22" HPOS="1264" VPOS="1788" ID="st7-663"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1293" VPOS="1788" ID="st7-664"/><SP/><String HEIGHT="22" CONTENT="EMF" WIDTH="46" HPOS="1335" VPOS="1788" ID="st7-665"/><SP/><String HEIGHT="22" CONTENT="guide" WIDTH="57" HPOS="1388" VPOS="1788" ID="st7-666" SUBS_TYPE="HypPart1" SUBS_CONTENT="guideline"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1788" HEIGHT="22"/></TextLine><TextLine HPOS="858" VPOS="1824" ID="tl7-81" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="line" WIDTH="35" HPOS="858" VPOS="1824" ID="st7-667" SUBS_TYPE="HypPart2" SUBS_CONTENT="guideline"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="893" VPOS="1824" ID="st7-668"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="908" VPOS="1824" ID="st7-669"/><SP/><String HEIGHT="23" CONTENT="frequency" WIDTH="105" HPOS="953" VPOS="1824" ID="st7-670"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="1064" VPOS="1824" ID="st7-671"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1117" VPOS="1824" ID="st7-672"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1187" VPOS="1824" ID="st7-673"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="45" HPOS="1228" VPOS="1824" ID="st7-674"/><SP/><String HEIGHT="23" CONTENT="guideline" WIDTH="98" HPOS="1279" VPOS="1824" ID="st7-675"/><SP/><String HEIGHT="23" CONTENT="targets" WIDTH="73" HPOS="1383" VPOS="1824" ID="st7-676"/></TextLine><TextLine HPOS="858" VPOS="1860" ID="tl7-82" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="were" WIDTH="52" HPOS="858" VPOS="1860" ID="st7-677"/><SP/><String HEIGHT="23" CONTENT="met" WIDTH="41" HPOS="916" VPOS="1860" ID="st7-678"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="963" VPOS="1860" ID="st7-679"/><SP/><String HEIGHT="23" CONTENT="1999" WIDTH="56" HPOS="1019" VPOS="1860" ID="st7-680"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="1080" VPOS="1860" ID="st7-681"/><String HEIGHT="23" CONTENT="see" WIDTH="32" HPOS="1090" VPOS="1860" ID="st7-682"/><SP/><String HEIGHT="23" CONTENT="Table" WIDTH="55" HPOS="1127" VPOS="1860" ID="st7-683"/><SP/><String HEIGHT="23" CONTENT="1" WIDTH="10" HPOS="1187" VPOS="1860" ID="st7-684"/><String HEIGHT="23" CONTENT=")" WIDTH="11" HPOS="1197" VPOS="1860" ID="st7-685"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1213" VPOS="1860" ID="st7-686"/><SP/><String HEIGHT="23" CONTENT="IG" WIDTH="23" HPOS="1244" VPOS="1860" ID="st7-687"/><SP/><String HEIGHT="23" CONTENT="Metall" WIDTH="60" HPOS="1273" VPOS="1860" ID="st7-688"/><String HEIGHT="23" CONTENT="’" WIDTH="10" HPOS="1333" VPOS="1860" ID="st7-689"/><String HEIGHT="23" CONTENT="s" WIDTH="10" HPOS="1343" VPOS="1860" ID="st7-690"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1359" VPOS="1860" ID="st7-691"/></TextLine><TextLine HPOS="858" VPOS="1896" ID="tl7-83" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="858" VPOS="1896" ID="st7-692"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="979" VPOS="1896" ID="st7-693"/><SP/><String HEIGHT="23" CONTENT="suggests" WIDTH="91" HPOS="1047" VPOS="1896" ID="st7-694"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="1145" VPOS="1896" ID="st7-695"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="1195" VPOS="1896" ID="st7-696"/><SP/><String HEIGHT="23" CONTENT="situation" WIDTH="92" HPOS="1240" VPOS="1896" ID="st7-697"/><SP/><String HEIGHT="23" CONTENT="exists" WIDTH="56" HPOS="1339" VPOS="1896" ID="st7-698"/><SP/><String HEIGHT="23" CONTENT="here" WIDTH="43" HPOS="1402" VPOS="1896" ID="st7-699"/><String HEIGHT="23" CONTENT=":" WIDTH="11" HPOS="1445" VPOS="1896" ID="st7-700"/></TextLine><TextLine HPOS="858" VPOS="1932" ID="tl7-84" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="1932" ID="st7-701"/><SP/><String HEIGHT="23" CONTENT="average" WIDTH="83" HPOS="898" VPOS="1932" ID="st7-702"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="86" HPOS="986" VPOS="1932" ID="st7-703"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1077" VPOS="1932" ID="st7-704"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1102" VPOS="1932" ID="st7-705"/><SP/><String HEIGHT="23" CONTENT="German" WIDTH="86" HPOS="1142" VPOS="1932" ID="st7-706"/><SP/><String HEIGHT="23" CONTENT="consumer" WIDTH="104" HPOS="1233" VPOS="1932" ID="st7-707"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="51" HPOS="1343" VPOS="1932" ID="st7-708"/><SP/><String HEIGHT="23" CONTENT="index" WIDTH="57" HPOS="1399" VPOS="1932" ID="st7-709"/></TextLine><TextLine HPOS="858" VPOS="1968" ID="tl7-85" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="between" WIDTH="93" HPOS="858" VPOS="1968" ID="st7-710"/><SP/><String HEIGHT="23" CONTENT="1999" WIDTH="56" HPOS="958" VPOS="1968" ID="st7-711"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1021" VPOS="1968" ID="st7-712"/><SP/><String HEIGHT="23" CONTENT="2008" WIDTH="50" HPOS="1068" VPOS="1968" ID="st7-713"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1118" VPOS="1968" ID="st7-714"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="1138" VPOS="1968" ID="st7-715"/><SP/><String HEIGHT="23" CONTENT="1" WIDTH="11" HPOS="1166" VPOS="1968" ID="st7-716"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1177" VPOS="1968" ID="st7-717"/><String HEIGHT="23" CONTENT="6" WIDTH="12" HPOS="1189" VPOS="1968" ID="st7-718"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="35" HPOS="1208" VPOS="1968" ID="st7-719"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="42" HPOS="1250" VPOS="1968" ID="st7-720"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1292" VPOS="1968" ID="st7-721"/><SP/><String HEIGHT="23" CONTENT="was" WIDTH="42" HPOS="1310" VPOS="1968" ID="st7-722"/><SP/><String HEIGHT="23" CONTENT="markedly" WIDTH="97" HPOS="1359" VPOS="1968" ID="st7-723"/></TextLine><TextLine HPOS="818" VPOS="2254" ID="tl7-86" WIDTH="16" HEIGHT="27"><String HEIGHT="27" CONTENT="7" WIDTH="16" HPOS="818" VPOS="2254" ID="st7-724"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="8" ID="p749090" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749090" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749090" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl8-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st8-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st8-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st8-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st8-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st8-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st8-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st8-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st8-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st8-8"/></TextLine><TextLine HPOS="196" VPOS="307" ID="tl8-1" WIDTH="446" HEIGHT="23"><String HEIGHT="23" CONTENT="below" WIDTH="66" HPOS="196" VPOS="307" ID="st8-9"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="268" VPOS="307" ID="st8-10"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="308" VPOS="307" ID="st8-11"/><SP/><String HEIGHT="23" CONTENT="mean" WIDTH="59" HPOS="414" VPOS="307" ID="st8-12"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="479" VPOS="307" ID="st8-13"/><SP/><String HEIGHT="23" CONTENT="2" WIDTH="11" HPOS="508" VPOS="307" ID="st8-14"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="519" VPOS="307" ID="st8-15"/><String HEIGHT="23" CONTENT="2" WIDTH="12" HPOS="530" VPOS="307" ID="st8-16"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="35" HPOS="548" VPOS="307" ID="st8-17"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="42" HPOS="589" VPOS="307" ID="st8-18"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="631" VPOS="307" ID="st8-19"/></TextLine><TextLine HPOS="642" VPOS="306" ID="tl8-2" WIDTH="8" HEIGHT="13"><String HEIGHT="13" CONTENT="4" WIDTH="8" HPOS="642" VPOS="306" ID="st8-20"/></TextLine><TextLine HPOS="656" VPOS="307" ID="tl8-3" WIDTH="139" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="38" HPOS="656" VPOS="307" ID="st8-21"/><SP/><String HEIGHT="23" CONTENT="competi" WIDTH="84" HPOS="700" VPOS="307" ID="st8-22" SUBS_TYPE="HypPart1" SUBS_CONTENT="competitiveness"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="307" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="343" ID="tl8-4" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tiveness" WIDTH="84" HPOS="196" VPOS="343" ID="st8-23" SUBS_TYPE="HypPart2" SUBS_CONTENT="competitiveness"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="289" VPOS="343" ID="st8-24"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="321" VPOS="343" ID="st8-25"/><SP/><String HEIGHT="23" CONTENT="German" WIDTH="86" HPOS="366" VPOS="343" ID="st8-26"/><SP/><String HEIGHT="23" CONTENT="metal" WIDTH="59" HPOS="462" VPOS="343" ID="st8-27"/><SP/><String HEIGHT="23" CONTENT="industry" WIDTH="85" HPOS="531" VPOS="343" ID="st8-28"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="16" HPOS="625" VPOS="343" ID="st8-29"/><SP/><String HEIGHT="23" CONTENT="likely" WIDTH="53" HPOS="650" VPOS="343" ID="st8-30"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="713" VPOS="343" ID="st8-31"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="745" VPOS="343" ID="st8-32"/></TextLine><TextLine HPOS="196" VPOS="379" ID="tl8-5" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="benefited" WIDTH="102" HPOS="196" VPOS="379" ID="st8-33"/><SP/><String HEIGHT="23" CONTENT="indirectly" WIDTH="95" HPOS="308" VPOS="379" ID="st8-34"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="413" VPOS="379" ID="st8-35"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="30" HPOS="474" VPOS="379" ID="st8-36"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="504" VPOS="379" ID="st8-37"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="525" VPOS="379" ID="st8-38"/><SP/><String HEIGHT="23" CONTENT="average" WIDTH="78" HPOS="563" VPOS="379" ID="st8-39"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="641" VPOS="379" ID="st8-40"/><SP/><String HEIGHT="23" CONTENT="very" WIDTH="43" HPOS="663" VPOS="379" ID="st8-41"/><SP/><String HEIGHT="23" CONTENT="modest" WIDTH="79" HPOS="716" VPOS="379" ID="st8-42"/></TextLine><TextLine HPOS="196" VPOS="415" ID="tl8-6" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="196" VPOS="415" ID="st8-43"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="261" VPOS="415" ID="st8-44"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="363" VPOS="415" ID="st8-45"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="389" VPOS="415" ID="st8-46"/><SP/><String HEIGHT="23" CONTENT="German" WIDTH="86" HPOS="430" VPOS="415" ID="st8-47"/><SP/><String HEIGHT="23" CONTENT="service" WIDTH="71" HPOS="522" VPOS="415" ID="st8-48"/><SP/><String HEIGHT="23" CONTENT="sector" WIDTH="58" HPOS="600" VPOS="415" ID="st8-49"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="658" VPOS="415" ID="st8-50"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="674" VPOS="415" ID="st8-51"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="745" VPOS="415" ID="st8-52"/></TextLine><TextLine HPOS="196" VPOS="451" ID="tl8-7" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="had" WIDTH="41" HPOS="196" VPOS="451" ID="st8-53"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="243" VPOS="451" ID="st8-54"/><SP/><String HEIGHT="23" CONTENT="decisive" WIDTH="82" HPOS="262" VPOS="451" ID="st8-55"/><SP/><String HEIGHT="23" CONTENT="impact" WIDTH="72" HPOS="350" VPOS="451" ID="st8-56"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="428" VPOS="451" ID="st8-57"/><SP/><String HEIGHT="23" CONTENT="low" WIDTH="38" HPOS="463" VPOS="451" ID="st8-58"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="51" HPOS="508" VPOS="451" ID="st8-59"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="96" HPOS="565" VPOS="451" ID="st8-60"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="667" VPOS="451" ID="st8-61"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="89" HPOS="693" VPOS="451" ID="st8-62"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="782" VPOS="451" ID="st8-63"/></TextLine><TextLine HPOS="196" VPOS="488" ID="tl8-8" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="This" WIDTH="42" HPOS="196" VPOS="488" ID="st8-64"/><SP/><String HEIGHT="22" CONTENT="is" WIDTH="15" HPOS="244" VPOS="488" ID="st8-65"/><SP/><String HEIGHT="22" CONTENT="verified" WIDTH="78" HPOS="265" VPOS="488" ID="st8-66"/><SP/><String HEIGHT="22" CONTENT="by" WIDTH="25" HPOS="349" VPOS="488" ID="st8-67"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="380" VPOS="488" ID="st8-68"/><SP/><String HEIGHT="22" CONTENT="data" WIDTH="47" HPOS="421" VPOS="488" ID="st8-69"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="474" VPOS="488" ID="st8-70"/><SP/><String HEIGHT="22" CONTENT="Table" WIDTH="54" HPOS="499" VPOS="488" ID="st8-71"/><SP/><String HEIGHT="22" CONTENT="2" WIDTH="10" HPOS="559" VPOS="488" ID="st8-72"/><String HEIGHT="22" CONTENT=":" WIDTH="11" HPOS="569" VPOS="488" ID="st8-73"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="586" VPOS="488" ID="st8-74"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="612" VPOS="488" ID="st8-75"/><SP/><String HEIGHT="22" CONTENT="case" WIDTH="46" HPOS="652" VPOS="488" ID="st8-76"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="22" HPOS="704" VPOS="488" ID="st8-77"/><String HEIGHT="22" CONTENT="»" WIDTH="12" HPOS="732" VPOS="488" ID="st8-78"/><String HEIGHT="22" CONTENT="neu" WIDTH="39" HPOS="744" VPOS="488" ID="st8-79" SUBS_TYPE="HypPart1" SUBS_CONTENT="neutral"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="488" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="524" ID="tl8-9" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tral" WIDTH="39" HPOS="196" VPOS="524" ID="st8-80" SUBS_TYPE="HypPart2" SUBS_CONTENT="neutral"/><String HEIGHT="23" CONTENT="«" WIDTH="10" HPOS="235" VPOS="524" ID="st8-81"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="251" VPOS="524" ID="st8-82"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="96" HPOS="315" VPOS="524" ID="st8-83"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="417" VPOS="524" ID="st8-84"/><SP/><String HEIGHT="23" CONTENT="accumulated" WIDTH="136" HPOS="449" VPOS="524" ID="st8-85"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="86" HPOS="591" VPOS="524" ID="st8-86"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="683" VPOS="524" ID="st8-87"/><SP/><String HEIGHT="23" CONTENT="German" WIDTH="86" HPOS="709" VPOS="524" ID="st8-88"/></TextLine><TextLine HPOS="196" VPOS="560" ID="tl8-10" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="agreed" WIDTH="73" HPOS="196" VPOS="560" ID="st8-89"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="275" VPOS="560" ID="st8-90"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="348" VPOS="560" ID="st8-91"/><SP/><String HEIGHT="23" CONTENT="37" WIDTH="27" HPOS="376" VPOS="560" ID="st8-92"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="35" HPOS="409" VPOS="560" ID="st8-93"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="46" HPOS="449" VPOS="560" ID="st8-94"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="500" VPOS="560" ID="st8-95"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="572" VPOS="560" ID="st8-96"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="627" VPOS="560" ID="st8-97"/><SP/><String HEIGHT="23" CONTENT="warranted" WIDTH="110" HPOS="685" VPOS="560" ID="st8-98"/></TextLine><TextLine HPOS="196" VPOS="596" ID="tl8-11" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="during" WIDTH="70" HPOS="196" VPOS="596" ID="st8-99"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="274" VPOS="596" ID="st8-100"/><SP/><String HEIGHT="23" CONTENT="period" WIDTH="68" HPOS="316" VPOS="596" ID="st8-101"/><SP/><String HEIGHT="23" CONTENT="1999–2008" WIDTH="117" HPOS="392" VPOS="596" ID="st8-102"/><String HEIGHT="23" CONTENT="," WIDTH="14" HPOS="509" VPOS="596" ID="st8-103"/><SP/><String HEIGHT="23" CONTENT="while" WIDTH="57" HPOS="531" VPOS="596" ID="st8-104"/><SP/><String HEIGHT="23" CONTENT="IG" WIDTH="23" HPOS="596" VPOS="596" ID="st8-105"/><SP/><String HEIGHT="23" CONTENT="Metall" WIDTH="67" HPOS="627" VPOS="596" ID="st8-106"/><SP/><String HEIGHT="23" CONTENT="achieved" WIDTH="93" HPOS="702" VPOS="596" ID="st8-107"/></TextLine><TextLine HPOS="196" VPOS="632" ID="tl8-12" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="196" VPOS="632" ID="st8-108"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="96" HPOS="263" VPOS="632" ID="st8-109"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="367" VPOS="632" ID="st8-110"/><SP/><String HEIGHT="23" CONTENT="33" WIDTH="28" HPOS="398" VPOS="632" ID="st8-111"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="34" HPOS="435" VPOS="632" ID="st8-112"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="46" HPOS="478" VPOS="632" ID="st8-113"/><String HEIGHT="23" CONTENT="(" WIDTH="11" HPOS="533" VPOS="632" ID="st8-114"/><String HEIGHT="23" CONTENT="which" WIDTH="55" HPOS="544" VPOS="632" ID="st8-115"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="599" VPOS="632" ID="st8-116"/><SP/><String HEIGHT="23" CONTENT="however" WIDTH="84" HPOS="619" VPOS="632" ID="st8-117"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="703" VPOS="632" ID="st8-118"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="724" VPOS="632" ID="st8-119"/><SP/><String HEIGHT="23" CONTENT="rela" WIDTH="38" HPOS="748" VPOS="632" ID="st8-120" SUBS_TYPE="HypPart1" SUBS_CONTENT="relatively"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="632" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="668" ID="tl8-13" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tively" WIDTH="54" HPOS="196" VPOS="668" ID="st8-121" SUBS_TYPE="HypPart2" SUBS_CONTENT="relatively"/><SP/><String HEIGHT="23" CONTENT="high" WIDTH="47" HPOS="260" VPOS="668" ID="st8-122"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="316" VPOS="668" ID="st8-123"/><SP/><String HEIGHT="23" CONTENT="comparison" WIDTH="123" HPOS="345" VPOS="668" ID="st8-124"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="478" VPOS="668" ID="st8-125"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="509" VPOS="668" ID="st8-126"/><SP/><String HEIGHT="23" CONTENT="sectors" WIDTH="68" HPOS="575" VPOS="668" ID="st8-127"/><String HEIGHT="23" CONTENT=")" WIDTH="10" HPOS="643" VPOS="668" ID="st8-128"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="653" VPOS="668" ID="st8-129"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="672" VPOS="668" ID="st8-130"/><SP/><String HEIGHT="23" CONTENT="addition" WIDTH="84" HPOS="700" VPOS="668" ID="st8-131"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="784" VPOS="668" ID="st8-132"/></TextLine><TextLine HPOS="196" VPOS="704" ID="tl8-14" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="196" VPOS="704" ID="st8-133"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="262" VPOS="704" ID="st8-134"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="364" VPOS="704" ID="st8-135"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="391" VPOS="704" ID="st8-136"/><SP/><String HEIGHT="23" CONTENT="agreements" WIDTH="125" HPOS="495" VPOS="704" ID="st8-137"/><SP/><String HEIGHT="23" CONTENT="reflect" WIDTH="66" HPOS="627" VPOS="704" ID="st8-138"/><SP/><String HEIGHT="23" CONTENT="only" WIDTH="45" HPOS="700" VPOS="704" ID="st8-139"/><SP/><String HEIGHT="23" CONTENT="part" WIDTH="43" HPOS="752" VPOS="704" ID="st8-140"/></TextLine><TextLine HPOS="196" VPOS="740" ID="tl8-15" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="196" VPOS="740" ID="st8-141"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="228" VPOS="740" ID="st8-142"/><SP/><String HEIGHT="23" CONTENT="truth" WIDTH="52" HPOS="272" VPOS="740" ID="st8-143"/><SP/><String HEIGHT="23" CONTENT="since" WIDTH="53" HPOS="333" VPOS="740" ID="st8-144"/><SP/><String HEIGHT="23" CONTENT="actual" WIDTH="64" HPOS="395" VPOS="740" ID="st8-145"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="468" VPOS="740" ID="st8-146"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="536" VPOS="740" ID="st8-147"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="640" VPOS="740" ID="st8-148"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="669" VPOS="740" ID="st8-149"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="775" VPOS="740" ID="st8-150"/></TextLine><TextLine HPOS="196" VPOS="776" ID="tl8-16" WIDTH="481" HEIGHT="23"><String HEIGHT="23" CONTENT="recent" WIDTH="67" HPOS="196" VPOS="776" ID="st8-151"/><SP/><String HEIGHT="23" CONTENT="years" WIDTH="55" HPOS="268" VPOS="776" ID="st8-152"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="328" VPOS="776" ID="st8-153"/><SP/><String HEIGHT="23" CONTENT="frequently" WIDTH="108" HPOS="384" VPOS="776" ID="st8-154"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="498" VPOS="776" ID="st8-155"/><SP/><String HEIGHT="23" CONTENT="even" WIDTH="50" HPOS="556" VPOS="776" ID="st8-156"/><SP/><String HEIGHT="23" CONTENT="lower" WIDTH="54" HPOS="612" VPOS="776" ID="st8-157"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="666" VPOS="776" ID="st8-158"/></TextLine><TextLine HPOS="677" VPOS="776" ID="tl8-17" WIDTH="8" HEIGHT="13"><String HEIGHT="13" CONTENT="5" WIDTH="8" HPOS="677" VPOS="776" ID="st8-159"/></TextLine><TextLine HPOS="690" VPOS="776" ID="tl8-18" WIDTH="105" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="690" VPOS="776" ID="st8-160"/><SP/><String HEIGHT="23" CONTENT="metal" WIDTH="60" HPOS="735" VPOS="776" ID="st8-161"/></TextLine><TextLine HPOS="196" VPOS="813" ID="tl8-19" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="industry" WIDTH="85" HPOS="196" VPOS="813" ID="st8-162"/><SP/><String HEIGHT="22" CONTENT="trade" WIDTH="55" HPOS="287" VPOS="813" ID="st8-163"/><SP/><String HEIGHT="22" CONTENT="unions" WIDTH="71" HPOS="348" VPOS="813" ID="st8-164"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="424" VPOS="813" ID="st8-165"/><SP/><String HEIGHT="22" CONTENT="Belgium" WIDTH="86" HPOS="449" VPOS="813" ID="st8-166"/><SP/><String HEIGHT="22" CONTENT="exhibit" WIDTH="71" HPOS="541" VPOS="813" ID="st8-167"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="617" VPOS="813" ID="st8-168"/><SP/><String HEIGHT="22" CONTENT="somewhat" WIDTH="111" HPOS="635" VPOS="813" ID="st8-169"/><SP/><String HEIGHT="22" CONTENT="bet" WIDTH="33" HPOS="752" VPOS="813" ID="st8-170" SUBS_TYPE="HypPart1" SUBS_CONTENT="better"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="813" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="849" ID="tl8-20" WIDTH="562" HEIGHT="23"><String HEIGHT="23" CONTENT="ter" WIDTH="30" HPOS="196" VPOS="849" ID="st8-171" SUBS_TYPE="HypPart2" SUBS_CONTENT="better"/><SP/><String HEIGHT="23" CONTENT="orientation" WIDTH="117" HPOS="232" VPOS="849" ID="st8-172"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="356" VPOS="849" ID="st8-173"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="385" VPOS="849" ID="st8-174"/><SP/><String HEIGHT="23" CONTENT="neutral" WIDTH="75" HPOS="405" VPOS="849" ID="st8-175"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="487" VPOS="849" ID="st8-176"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="552" VPOS="849" ID="st8-177"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="620" VPOS="849" ID="st8-178"/><String HEIGHT="23" CONTENT="see" WIDTH="32" HPOS="630" VPOS="849" ID="st8-179"/><SP/><String HEIGHT="23" CONTENT="Table" WIDTH="54" HPOS="669" VPOS="849" ID="st8-180"/><SP/><String HEIGHT="23" CONTENT="2" WIDTH="9" HPOS="730" VPOS="849" ID="st8-181"/><String HEIGHT="23" CONTENT=")" WIDTH="9" HPOS="739" VPOS="849" ID="st8-182"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="748" VPOS="849" ID="st8-183"/></TextLine><TextLine HPOS="331" VPOS="949" ID="tl8-21" WIDTH="464" HEIGHT="33"><String HEIGHT="33" CONTENT="Alternatives" WIDTH="181" HPOS="331" VPOS="949" ID="st8-184"/><SP/><String HEIGHT="33" CONTENT="to" WIDTH="32" HPOS="522" VPOS="949" ID="st8-185"/><SP/><String HEIGHT="33" CONTENT="the" WIDTH="50" HPOS="564" VPOS="949" ID="st8-186"/><SP/><String HEIGHT="33" CONTENT="Status" WIDTH="95" HPOS="624" VPOS="949" ID="st8-187"/><SP/><String HEIGHT="33" CONTENT="Quo" WIDTH="66" HPOS="729" VPOS="949" ID="st8-188"/></TextLine><TextLine HPOS="196" VPOS="1029" ID="tl8-22" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="196" VPOS="1029" ID="st8-189"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="223" VPOS="1029" ID="st8-190"/><SP/><String HEIGHT="23" CONTENT="case" WIDTH="46" HPOS="264" VPOS="1029" ID="st8-191"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="317" VPOS="1029" ID="st8-192"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="89" HPOS="346" VPOS="1029" ID="st8-193"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="435" VPOS="1029" ID="st8-194"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="455" VPOS="1029" ID="st8-195"/><SP/><String HEIGHT="23" CONTENT="move" WIDTH="58" HPOS="474" VPOS="1029" ID="st8-196"/><SP/><String HEIGHT="23" CONTENT="away" WIDTH="56" HPOS="539" VPOS="1029" ID="st8-197"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="602" VPOS="1029" ID="st8-198"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="659" VPOS="1029" ID="st8-199"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="701" VPOS="1029" ID="st8-200"/><SP/><String HEIGHT="23" CONTENT="re" WIDTH="20" HPOS="766" VPOS="1029" ID="st8-201" SUBS_TYPE="HypPart1" SUBS_CONTENT="restraint"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1029" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1065" ID="tl8-23" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="straint" WIDTH="67" HPOS="196" VPOS="1065" ID="st8-202" SUBS_TYPE="HypPart2" SUBS_CONTENT="restraint"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="270" VPOS="1065" ID="st8-203"/><SP/><String HEIGHT="23" CONTENT="recent" WIDTH="66" HPOS="299" VPOS="1065" ID="st8-204"/><SP/><String HEIGHT="23" CONTENT="years" WIDTH="54" HPOS="372" VPOS="1065" ID="st8-205"/><SP/><String HEIGHT="23" CONTENT="appears" WIDTH="84" HPOS="432" VPOS="1065" ID="st8-206"/><SP/><String HEIGHT="23" CONTENT="urgent" WIDTH="71" HPOS="522" VPOS="1065" ID="st8-207"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="600" VPOS="1065" ID="st8-208"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="57" HPOS="626" VPOS="1065" ID="st8-209"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="689" VPOS="1065" ID="st8-210"/><SP/><String HEIGHT="23" CONTENT="moder" WIDTH="65" HPOS="718" VPOS="1065" ID="st8-211" SUBS_TYPE="HypPart1" SUBS_CONTENT="moderate"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1065" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1101" ID="tl8-24" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ate" WIDTH="34" HPOS="196" VPOS="1101" ID="st8-212" SUBS_TYPE="HypPart2" SUBS_CONTENT="moderate"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="238" VPOS="1101" ID="st8-213"/><SP/><String HEIGHT="23" CONTENT="tensions" WIDTH="88" HPOS="281" VPOS="1101" ID="st8-214"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="377" VPOS="1101" ID="st8-215"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="405" VPOS="1101" ID="st8-216"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="94" HPOS="448" VPOS="1101" ID="st8-217"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="542" VPOS="1101" ID="st8-218"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="563" VPOS="1101" ID="st8-219"/><SP/><String HEIGHT="23" CONTENT="modified" WIDTH="94" HPOS="591" VPOS="1101" ID="st8-220"/><SP/><String HEIGHT="23" CONTENT="form" WIDTH="47" HPOS="693" VPOS="1101" ID="st8-221"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="740" VPOS="1101" ID="st8-222"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="760" VPOS="1101" ID="st8-223"/></TextLine><TextLine HPOS="196" VPOS="1138" ID="tl8-25" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="EMF" WIDTH="36" HPOS="196" VPOS="1138" ID="st8-224"/><String HEIGHT="22" CONTENT="’" WIDTH="12" HPOS="232" VPOS="1138" ID="st8-225"/><String HEIGHT="22" CONTENT="s" WIDTH="12" HPOS="244" VPOS="1138" ID="st8-226"/><SP/><String HEIGHT="22" CONTENT="wage" WIDTH="58" HPOS="263" VPOS="1138" ID="st8-227"/><SP/><String HEIGHT="22" CONTENT="policy" WIDTH="61" HPOS="328" VPOS="1138" ID="st8-228"/><SP/><String HEIGHT="22" CONTENT="concept" WIDTH="85" HPOS="396" VPOS="1138" ID="st8-229"/><SP/><String HEIGHT="22" CONTENT="could" WIDTH="58" HPOS="488" VPOS="1138" ID="st8-230"/><SP/><String HEIGHT="22" CONTENT="make" WIDTH="59" HPOS="553" VPOS="1138" ID="st8-231"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="618" VPOS="1138" ID="st8-232"/><SP/><String HEIGHT="22" CONTENT="definite" WIDTH="80" HPOS="638" VPOS="1138" ID="st8-233"/><SP/><String HEIGHT="22" CONTENT="contri" WIDTH="60" HPOS="725" VPOS="1138" ID="st8-234" SUBS_TYPE="HypPart1" SUBS_CONTENT="contribution"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="1138" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="1174" ID="tl8-26" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="bution" WIDTH="70" HPOS="196" VPOS="1174" ID="st8-235" SUBS_TYPE="HypPart2" SUBS_CONTENT="contribution"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="272" VPOS="1174" ID="st8-236"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="40" HPOS="301" VPOS="1174" ID="st8-237"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="341" VPOS="1174" ID="st8-238"/><SP/><String HEIGHT="23" CONTENT="It" WIDTH="14" HPOS="357" VPOS="1174" ID="st8-239"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="377" VPOS="1174" ID="st8-240"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="450" VPOS="1174" ID="st8-241"/><SP/><String HEIGHT="23" CONTENT="possible" WIDTH="81" HPOS="483" VPOS="1174" ID="st8-242"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="564" VPOS="1174" ID="st8-243"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="581" VPOS="1174" ID="st8-244"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="84" HPOS="618" VPOS="1174" ID="st8-245"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="702" VPOS="1174" ID="st8-246"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="720" VPOS="1174" ID="st8-247"/><SP/><String HEIGHT="23" CONTENT="take" WIDTH="46" HPOS="749" VPOS="1174" ID="st8-248"/></TextLine><TextLine HPOS="196" VPOS="1210" ID="tl8-27" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="into" WIDTH="42" HPOS="196" VPOS="1210" ID="st8-249"/><SP/><String HEIGHT="23" CONTENT="consideration" WIDTH="143" HPOS="244" VPOS="1210" ID="st8-250"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="393" VPOS="1210" ID="st8-251"/><SP/><String HEIGHT="23" CONTENT="uniform" WIDTH="85" HPOS="411" VPOS="1210" ID="st8-252"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="501" VPOS="1210" ID="st8-253"/><SP/><String HEIGHT="23" CONTENT="indicator" WIDTH="93" HPOS="608" VPOS="1210" ID="st8-254"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="707" VPOS="1210" ID="st8-255"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="52" HPOS="743" VPOS="1210" ID="st8-256"/></TextLine><TextLine HPOS="196" VPOS="1246" ID="tl8-28" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="increases" WIDTH="96" HPOS="196" VPOS="1246" ID="st8-257"/><SP/><String HEIGHT="23" CONTENT="instead" WIDTH="76" HPOS="301" VPOS="1246" ID="st8-258"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="386" VPOS="1246" ID="st8-259"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="418" VPOS="1246" ID="st8-260"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="52" HPOS="513" VPOS="1246" ID="st8-261"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="574" VPOS="1246" ID="st8-262"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="678" VPOS="1246" ID="st8-263"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="56" HPOS="707" VPOS="1246" ID="st8-264"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="773" VPOS="1246" ID="st8-265"/></TextLine><TextLine HPOS="196" VPOS="1282" ID="tl8-29" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="foster" WIDTH="61" HPOS="196" VPOS="1282" ID="st8-266"/><SP/><String HEIGHT="23" CONTENT="balanced" WIDTH="96" HPOS="266" VPOS="1282" ID="st8-267"/><SP/><String HEIGHT="23" CONTENT="development" WIDTH="139" HPOS="371" VPOS="1282" ID="st8-268"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="519" VPOS="1282" ID="st8-269"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="550" VPOS="1282" ID="st8-270"/><SP/><String HEIGHT="23" CONTENT="competitiveness" WIDTH="170" HPOS="594" VPOS="1282" ID="st8-271"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="773" VPOS="1282" ID="st8-272"/></TextLine><TextLine HPOS="196" VPOS="1318" ID="tl8-30" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="196" VPOS="1318" ID="st8-273"/><SP/><String HEIGHT="23" CONTENT="member" WIDTH="89" HPOS="307" VPOS="1318" ID="st8-274"/><SP/><String HEIGHT="23" CONTENT="states" WIDTH="58" HPOS="407" VPOS="1318" ID="st8-275"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="465" VPOS="1318" ID="st8-276"/><SP/><String HEIGHT="23" CONTENT="From" WIDTH="53" HPOS="487" VPOS="1318" ID="st8-277"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="551" VPOS="1318" ID="st8-278"/><SP/><String HEIGHT="23" CONTENT="employment" WIDTH="133" HPOS="589" VPOS="1318" ID="st8-279"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="734" VPOS="1318" ID="st8-280"/></TextLine><TextLine HPOS="196" VPOS="1354" ID="tl8-31" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="standpoint" WIDTH="114" HPOS="196" VPOS="1354" ID="st8-281"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="316" VPOS="1354" ID="st8-282"/><SP/><String HEIGHT="23" CONTENT="ECB" WIDTH="34" HPOS="357" VPOS="1354" ID="st8-283"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="391" VPOS="1354" ID="st8-284"/><String HEIGHT="23" CONTENT="s" WIDTH="12" HPOS="402" VPOS="1354" ID="st8-285"/><SP/><String HEIGHT="23" CONTENT="target" WIDTH="64" HPOS="420" VPOS="1354" ID="st8-286"/><SP/><String HEIGHT="23" CONTENT="inflation" WIDTH="88" HPOS="490" VPOS="1354" ID="st8-287"/><SP/><String HEIGHT="23" CONTENT="rate" WIDTH="42" HPOS="584" VPOS="1354" ID="st8-288"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="632" VPOS="1354" ID="st8-289"/><SP/><String HEIGHT="23" CONTENT="two" WIDTH="42" HPOS="660" VPOS="1354" ID="st8-290"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="35" HPOS="708" VPOS="1354" ID="st8-291"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="46" HPOS="749" VPOS="1354" ID="st8-292"/></TextLine><TextLine HPOS="196" VPOS="1390" ID="tl8-32" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="appears" WIDTH="84" HPOS="196" VPOS="1390" ID="st8-293"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="287" VPOS="1390" ID="st8-294"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="316" VPOS="1390" ID="st8-295"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="350" VPOS="1390" ID="st8-296"/><SP/><String HEIGHT="23" CONTENT="particularly" WIDTH="117" HPOS="369" VPOS="1390" ID="st8-297"/><SP/><String HEIGHT="23" CONTENT="suitable" WIDTH="82" HPOS="493" VPOS="1390" ID="st8-298"/><SP/><String HEIGHT="23" CONTENT="indicator" WIDTH="93" HPOS="582" VPOS="1390" ID="st8-299"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="682" VPOS="1390" ID="st8-300"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="56" HPOS="709" VPOS="1390" ID="st8-301"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="773" VPOS="1390" ID="st8-302"/></TextLine><TextLine HPOS="196" VPOS="1426" ID="tl8-33" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="avoid" WIDTH="57" HPOS="196" VPOS="1426" ID="st8-303"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="260" VPOS="1426" ID="st8-304"/><SP/><String HEIGHT="23" CONTENT="conflict" WIDTH="78" HPOS="280" VPOS="1426" ID="st8-305"/><SP/><String HEIGHT="23" CONTENT="between" WIDTH="93" HPOS="365" VPOS="1426" ID="st8-306"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="465" VPOS="1426" ID="st8-307"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="530" VPOS="1426" ID="st8-308"/><SP/><String HEIGHT="23" CONTENT="monetary" WIDTH="101" HPOS="578" VPOS="1426" ID="st8-309"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="686" VPOS="1426" ID="st8-310"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="755" VPOS="1426" ID="st8-311"/></TextLine><TextLine HPOS="196" VPOS="1463" ID="tl8-34" WIDTH="369" HEIGHT="22"><String HEIGHT="22" CONTENT="to" WIDTH="23" HPOS="196" VPOS="1463" ID="st8-312"/><SP/><String HEIGHT="22" CONTENT="support" WIDTH="82" HPOS="228" VPOS="1463" ID="st8-313"/><SP/><String HEIGHT="22" CONTENT="job" WIDTH="34" HPOS="318" VPOS="1463" ID="st8-314"/><SP/><String HEIGHT="22" CONTENT="creation" WIDTH="85" HPOS="361" VPOS="1463" ID="st8-315"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="455" VPOS="1463" ID="st8-316"/><SP/><String HEIGHT="22" CONTENT="Europe" WIDTH="69" HPOS="484" VPOS="1463" ID="st8-317"/><String HEIGHT="22" CONTENT="." WIDTH="12" HPOS="553" VPOS="1463" ID="st8-318"/></TextLine><TextLine HPOS="565" VPOS="1462" ID="tl8-35" WIDTH="8" HEIGHT="13"><String HEIGHT="13" CONTENT="6" WIDTH="8" HPOS="565" VPOS="1462" ID="st8-319"/></TextLine><TextLine HPOS="582" VPOS="1463" ID="tl8-36" WIDTH="213" HEIGHT="22"><String HEIGHT="22" CONTENT="A" WIDTH="17" HPOS="582" VPOS="1463" ID="st8-320"/><SP/><String HEIGHT="22" CONTENT="second" WIDTH="75" HPOS="608" VPOS="1463" ID="st8-321"/><SP/><String HEIGHT="22" CONTENT="possibility" WIDTH="103" HPOS="692" VPOS="1463" ID="st8-322"/></TextLine><TextLine HPOS="196" VPOS="1499" ID="tl8-37" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="196" VPOS="1499" ID="st8-323"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="235" VPOS="1499" ID="st8-324"/><SP/><String HEIGHT="23" CONTENT="uniform" WIDTH="85" HPOS="256" VPOS="1499" ID="st8-325"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="51" HPOS="349" VPOS="1499" ID="st8-326"/><SP/><String HEIGHT="23" CONTENT="indicator" WIDTH="93" HPOS="408" VPOS="1499" ID="st8-327"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="510" VPOS="1499" ID="st8-328"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="537" VPOS="1499" ID="st8-329"/><SP/><String HEIGHT="23" CONTENT="agreements" WIDTH="124" HPOS="604" VPOS="1499" ID="st8-330"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="737" VPOS="1499" ID="st8-331"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="760" VPOS="1499" ID="st8-332"/></TextLine><TextLine HPOS="196" VPOS="1535" ID="tl8-38" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="average" WIDTH="84" HPOS="196" VPOS="1535" ID="st8-333"/><SP/><String HEIGHT="23" CONTENT="rate" WIDTH="42" HPOS="287" VPOS="1535" ID="st8-334"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="336" VPOS="1535" ID="st8-335"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="52" HPOS="366" VPOS="1535" ID="st8-336"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="425" VPOS="1535" ID="st8-337"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="528" VPOS="1535" ID="st8-338"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="555" VPOS="1535" ID="st8-339"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="95" HPOS="597" VPOS="1535" ID="st8-340"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="692" VPOS="1535" ID="st8-341"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="711" VPOS="1535" ID="st8-342"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="57" HPOS="738" VPOS="1535" ID="st8-343"/></TextLine><TextLine HPOS="196" VPOS="1571" ID="tl8-39" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="196" VPOS="1571" ID="st8-344"/><SP/><String HEIGHT="23" CONTENT="reduce" WIDTH="72" HPOS="229" VPOS="1571" ID="st8-345"/><SP/><String HEIGHT="23" CONTENT="tensions" WIDTH="87" HPOS="311" VPOS="1571" ID="st8-346"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="409" VPOS="1571" ID="st8-347"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="438" VPOS="1571" ID="st8-348"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="483" VPOS="1571" ID="st8-349"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="593" VPOS="1571" ID="st8-350"/><SP/><String HEIGHT="23" CONTENT="aim" WIDTH="39" HPOS="638" VPOS="1571" ID="st8-351"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="687" VPOS="1571" ID="st8-352"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="768" VPOS="1571" ID="st8-353"/></TextLine><TextLine HPOS="196" VPOS="1607" ID="tl8-40" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="196" VPOS="1607" ID="st8-354"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="86" HPOS="229" VPOS="1607" ID="st8-355"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="326" VPOS="1607" ID="st8-356"/><SP/><String HEIGHT="23" CONTENT="above" WIDTH="64" HPOS="405" VPOS="1607" ID="st8-357"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="479" VPOS="1607" ID="st8-358"/><SP/><String HEIGHT="23" CONTENT="norm" WIDTH="57" HPOS="528" VPOS="1607" ID="st8-359"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="595" VPOS="1607" ID="st8-360"/><SP/><String HEIGHT="23" CONTENT="highly" WIDTH="64" HPOS="626" VPOS="1607" ID="st8-361"/><SP/><String HEIGHT="23" CONTENT="competi" WIDTH="84" HPOS="700" VPOS="1607" ID="st8-362" SUBS_TYPE="HypPart1" SUBS_CONTENT="competitive"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1607" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1643" ID="tl8-41" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tive" WIDTH="38" HPOS="196" VPOS="1643" ID="st8-363" SUBS_TYPE="HypPart2" SUBS_CONTENT="competitive"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="94" HPOS="244" VPOS="1643" ID="st8-364"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="338" VPOS="1643" ID="st8-365"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="359" VPOS="1643" ID="st8-366"/><SP/><String HEIGHT="23" CONTENT="contrast" WIDTH="82" HPOS="389" VPOS="1643" ID="st8-367"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="471" VPOS="1643" ID="st8-368"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="493" VPOS="1643" ID="st8-369"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="562" VPOS="1643" ID="st8-370"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="668" VPOS="1643" ID="st8-371"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="698" VPOS="1643" ID="st8-372"/></TextLine><TextLine HPOS="196" VPOS="1679" ID="tl8-42" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="196" VPOS="1679" ID="st8-373"/><SP/><String HEIGHT="23" CONTENT="low" WIDTH="39" HPOS="249" VPOS="1679" ID="st8-374"/><SP/><String HEIGHT="23" CONTENT="competitiveness" WIDTH="169" HPOS="293" VPOS="1679" ID="st8-375"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="467" VPOS="1679" ID="st8-376"/><SP/><String HEIGHT="23" CONTENT="remain" WIDTH="73" HPOS="543" VPOS="1679" ID="st8-377"/><SP/><String HEIGHT="23" CONTENT="below" WIDTH="65" HPOS="621" VPOS="1679" ID="st8-378"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="691" VPOS="1679" ID="st8-379"/><SP/><String HEIGHT="23" CONTENT="norm" WIDTH="51" HPOS="731" VPOS="1679" ID="st8-380"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="782" VPOS="1679" ID="st8-381"/></TextLine><TextLine HPOS="196" VPOS="1715" ID="tl8-43" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Ideas" WIDTH="55" HPOS="196" VPOS="1715" ID="st8-382"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="258" VPOS="1715" ID="st8-383"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="287" VPOS="1715" ID="st8-384"/><SP/><String HEIGHT="23" CONTENT="kind" WIDTH="46" HPOS="332" VPOS="1715" ID="st8-385"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="385" VPOS="1715" ID="st8-386"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="442" VPOS="1715" ID="st8-387"/><SP/><String HEIGHT="23" CONTENT="under" WIDTH="63" HPOS="502" VPOS="1715" ID="st8-388"/><SP/><String HEIGHT="23" CONTENT="discussion" WIDTH="107" HPOS="572" VPOS="1715" ID="st8-389"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="686" VPOS="1715" ID="st8-390"/><SP/><String HEIGHT="23" CONTENT="EU" WIDTH="29" HPOS="713" VPOS="1715" ID="st8-391"/><SP/><String HEIGHT="23" CONTENT="eco" WIDTH="35" HPOS="749" VPOS="1715" ID="st8-392" SUBS_TYPE="HypPart1" SUBS_CONTENT="economic"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1715" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1751" ID="tl8-44" WIDTH="306" HEIGHT="23"><String HEIGHT="23" CONTENT="nomic" WIDTH="66" HPOS="196" VPOS="1751" ID="st8-393" SUBS_TYPE="HypPart2" SUBS_CONTENT="economic"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="269" VPOS="1751" ID="st8-394"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="337" VPOS="1751" ID="st8-395"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="374" VPOS="1751" ID="st8-396"/><SP/><String HEIGHT="23" CONTENT="long" WIDTH="47" HPOS="394" VPOS="1751" ID="st8-397"/><SP/><String HEIGHT="23" CONTENT="time" WIDTH="43" HPOS="448" VPOS="1751" ID="st8-398"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="491" VPOS="1751" ID="st8-399"/></TextLine><TextLine HPOS="502" VPOS="1751" ID="tl8-45" WIDTH="8" HEIGHT="13"><String HEIGHT="13" CONTENT="7" WIDTH="8" HPOS="502" VPOS="1751" ID="st8-400"/></TextLine><TextLine HPOS="196" VPOS="1813" ID="tl8-46" WIDTH="599" HEIGHT="17"><String HEIGHT="17" CONTENT="4" WIDTH="8" HPOS="196" VPOS="1813" ID="st8-401"/><String HEIGHT="17" CONTENT="." WIDTH="9" HPOS="204" VPOS="1813" ID="st8-402"/><SP/><String HEIGHT="17" CONTENT="Empirical" WIDTH="74" HPOS="228" VPOS="1813" ID="st8-403"/><SP/><String HEIGHT="17" CONTENT="indications" WIDTH="89" HPOS="310" VPOS="1813" ID="st8-404"/><SP/><String HEIGHT="17" CONTENT="of" WIDTH="17" HPOS="406" VPOS="1813" ID="st8-405"/><SP/><String HEIGHT="17" CONTENT="Germany" WIDTH="66" HPOS="431" VPOS="1813" ID="st8-406"/><String HEIGHT="17" CONTENT="’" WIDTH="10" HPOS="497" VPOS="1813" ID="st8-407"/><String HEIGHT="17" CONTENT="s" WIDTH="10" HPOS="507" VPOS="1813" ID="st8-408"/><SP/><String HEIGHT="17" CONTENT="deviation" WIDTH="76" HPOS="525" VPOS="1813" ID="st8-409"/><SP/><String HEIGHT="17" CONTENT="from" WIDTH="40" HPOS="608" VPOS="1813" ID="st8-410"/><SP/><String HEIGHT="17" CONTENT="the" WIDTH="27" HPOS="655" VPOS="1813" ID="st8-411"/><SP/><String HEIGHT="17" CONTENT="convergence" WIDTH="105" HPOS="690" VPOS="1813" ID="st8-412"/></TextLine><TextLine HPOS="196" VPOS="1836" ID="tl8-47" WIDTH="564" HEIGHT="18"><String HEIGHT="18" CONTENT="path" WIDTH="38" HPOS="196" VPOS="1836" ID="st8-413"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="240" VPOS="1836" ID="st8-414"/><SP/><String HEIGHT="18" CONTENT="competitiveness" WIDTH="132" HPOS="262" VPOS="1836" ID="st8-415"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="16" HPOS="399" VPOS="1836" ID="st8-416"/><SP/><String HEIGHT="18" CONTENT="EMU" WIDTH="40" HPOS="420" VPOS="1836" ID="st8-417"/><SP/><String HEIGHT="18" CONTENT="can" WIDTH="30" HPOS="465" VPOS="1836" ID="st8-418"/><SP/><String HEIGHT="18" CONTENT="also" WIDTH="32" HPOS="500" VPOS="1836" ID="st8-419"/><SP/><String HEIGHT="18" CONTENT="be" WIDTH="20" HPOS="538" VPOS="1836" ID="st8-420"/><SP/><String HEIGHT="18" CONTENT="found" WIDTH="49" HPOS="564" VPOS="1836" ID="st8-421"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="619" VPOS="1836" ID="st8-422"/><SP/><String HEIGHT="18" CONTENT="Fischer" WIDTH="57" HPOS="639" VPOS="1836" ID="st8-423"/><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="701" VPOS="1836" ID="st8-424"/><String HEIGHT="18" CONTENT="2007" WIDTH="34" HPOS="709" VPOS="1836" ID="st8-425"/><String HEIGHT="18" CONTENT=")" WIDTH="8" HPOS="743" VPOS="1836" ID="st8-426"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="751" VPOS="1836" ID="st8-427"/></TextLine><TextLine HPOS="196" VPOS="1867" ID="tl8-48" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="5" WIDTH="8" HPOS="196" VPOS="1867" ID="st8-428"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="204" VPOS="1867" ID="st8-429"/><SP/><String HEIGHT="18" CONTENT="In" WIDTH="15" HPOS="228" VPOS="1867" ID="st8-430"/><SP/><String HEIGHT="18" CONTENT="this" WIDTH="29" HPOS="249" VPOS="1867" ID="st8-431"/><SP/><String HEIGHT="18" CONTENT="context" WIDTH="58" HPOS="284" VPOS="1867" ID="st8-432"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="342" VPOS="1867" ID="st8-433"/><SP/><String HEIGHT="18" CONTENT="one" WIDTH="31" HPOS="358" VPOS="1867" ID="st8-434"/><SP/><String HEIGHT="18" CONTENT="also" WIDTH="33" HPOS="395" VPOS="1867" ID="st8-435"/><SP/><String HEIGHT="18" CONTENT="talks" WIDTH="37" HPOS="434" VPOS="1867" ID="st8-436"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="478" VPOS="1867" ID="st8-437"/><String HEIGHT="18" CONTENT="»" WIDTH="11" HPOS="501" VPOS="1867" ID="st8-438"/><String HEIGHT="18" CONTENT="wage" WIDTH="45" HPOS="512" VPOS="1867" ID="st8-439"/><SP/><String HEIGHT="18" CONTENT="drift" WIDTH="36" HPOS="563" VPOS="1867" ID="st8-440"/><String HEIGHT="18" CONTENT="«" WIDTH="7" HPOS="599" VPOS="1867" ID="st8-441"/><String HEIGHT="18" CONTENT=":" WIDTH="8" HPOS="606" VPOS="1867" ID="st8-442"/><SP/><String HEIGHT="18" CONTENT="see" WIDTH="27" HPOS="620" VPOS="1867" ID="st8-443"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="654" VPOS="1867" ID="st8-444"/><SP/><String HEIGHT="18" CONTENT="Tarif" WIDTH="38" HPOS="687" VPOS="1867" ID="st8-445"/><String HEIGHT="18" CONTENT="-" WIDTH="8" HPOS="725" VPOS="1867" ID="st8-446"/><String HEIGHT="18" CONTENT="Berichte" WIDTH="62" HPOS="733" VPOS="1867" ID="st8-447"/></TextLine><TextLine HPOS="196" VPOS="1890" ID="tl8-49" WIDTH="588" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="7" HPOS="196" VPOS="1890" ID="st8-448"/><String HEIGHT="18" CONTENT="Collective" WIDTH="79" HPOS="203" VPOS="1890" ID="st8-449"/><SP/><String HEIGHT="18" CONTENT="bargaining" WIDTH="89" HPOS="287" VPOS="1890" ID="st8-450"/><SP/><String HEIGHT="18" CONTENT="reports" WIDTH="55" HPOS="381" VPOS="1890" ID="st8-451"/><String HEIGHT="18" CONTENT=")" WIDTH="8" HPOS="436" VPOS="1890" ID="st8-452"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="450" VPOS="1890" ID="st8-453"/><SP/><String HEIGHT="18" CONTENT="WSI" WIDTH="26" HPOS="470" VPOS="1890" ID="st8-454"/><String HEIGHT="18" CONTENT="-" WIDTH="9" HPOS="496" VPOS="1890" ID="st8-455"/><String HEIGHT="18" CONTENT="Mitteilungen" WIDTH="107" HPOS="505" VPOS="1890" ID="st8-456"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="612" VPOS="1890" ID="st8-457"/><SP/><String HEIGHT="18" CONTENT="cf" WIDTH="13" HPOS="626" VPOS="1890" ID="st8-458"/><String HEIGHT="18" CONTENT="." WIDTH="7" HPOS="639" VPOS="1890" ID="st8-459"/><SP/><String HEIGHT="18" CONTENT="Bispinck" WIDTH="67" HPOS="652" VPOS="1890" ID="st8-460"/><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="724" VPOS="1890" ID="st8-461"/><String HEIGHT="18" CONTENT="2009" WIDTH="34" HPOS="732" VPOS="1890" ID="st8-462"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="766" VPOS="1890" ID="st8-463"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="775" VPOS="1890" ID="st8-464"/></TextLine><TextLine HPOS="196" VPOS="1922" ID="tl8-50" WIDTH="599" HEIGHT="17"><String HEIGHT="17" CONTENT="6" WIDTH="8" HPOS="196" VPOS="1922" ID="st8-465"/><String HEIGHT="17" CONTENT="." WIDTH="9" HPOS="204" VPOS="1922" ID="st8-466"/><SP/><String HEIGHT="17" CONTENT="Avoiding" WIDTH="73" HPOS="228" VPOS="1922" ID="st8-467"/><SP/><String HEIGHT="17" CONTENT="such" WIDTH="38" HPOS="309" VPOS="1922" ID="st8-468"/><SP/><String HEIGHT="17" CONTENT="a" WIDTH="10" HPOS="354" VPOS="1922" ID="st8-469"/><SP/><String HEIGHT="17" CONTENT="conflict" WIDTH="60" HPOS="372" VPOS="1922" ID="st8-470"/><SP/><String HEIGHT="17" CONTENT="is" WIDTH="12" HPOS="440" VPOS="1922" ID="st8-471"/><SP/><String HEIGHT="17" CONTENT="indispensible" WIDTH="106" HPOS="460" VPOS="1922" ID="st8-472"/><SP/><String HEIGHT="17" CONTENT="for" WIDTH="23" HPOS="574" VPOS="1922" ID="st8-473"/><SP/><String HEIGHT="17" CONTENT="full" WIDTH="26" HPOS="605" VPOS="1922" ID="st8-474"/><SP/><String HEIGHT="17" CONTENT="employment" WIDTH="104" HPOS="639" VPOS="1922" ID="st8-475"/><SP/><String HEIGHT="17" CONTENT="–" WIDTH="10" HPOS="750" VPOS="1922" ID="st8-476"/><SP/><String HEIGHT="17" CONTENT="see" WIDTH="27" HPOS="768" VPOS="1922" ID="st8-477"/></TextLine><TextLine HPOS="196" VPOS="1945" ID="tl8-51" WIDTH="113" HEIGHT="18"><String HEIGHT="18" CONTENT="Pusch" WIDTH="48" HPOS="196" VPOS="1945" ID="st8-478"/><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="249" VPOS="1945" ID="st8-479"/><String HEIGHT="18" CONTENT="2009" WIDTH="34" HPOS="257" VPOS="1945" ID="st8-480"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="291" VPOS="1945" ID="st8-481"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="300" VPOS="1945" ID="st8-482"/></TextLine><TextLine HPOS="196" VPOS="1976" ID="tl8-52" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="7" WIDTH="8" HPOS="196" VPOS="1976" ID="st8-483"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="204" VPOS="1976" ID="st8-484"/><SP/><String HEIGHT="18" CONTENT="A" WIDTH="13" HPOS="228" VPOS="1976" ID="st8-485"/><SP/><String HEIGHT="18" CONTENT="corresponding" WIDTH="119" HPOS="246" VPOS="1976" ID="st8-486"/><SP/><String HEIGHT="18" CONTENT="guideline" WIDTH="76" HPOS="370" VPOS="1976" ID="st8-487"/><SP/><String HEIGHT="18" CONTENT="can" WIDTH="29" HPOS="452" VPOS="1976" ID="st8-488"/><SP/><String HEIGHT="18" CONTENT="be" WIDTH="21" HPOS="486" VPOS="1976" ID="st8-489"/><SP/><String HEIGHT="18" CONTENT="found" WIDTH="50" HPOS="512" VPOS="1976" ID="st8-490"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="568" VPOS="1976" ID="st8-491"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="588" VPOS="1976" ID="st8-492"/><SP/><String HEIGHT="18" CONTENT="integrated" WIDTH="85" HPOS="621" VPOS="1976" ID="st8-493"/><SP/><String HEIGHT="18" CONTENT="guidelines" WIDTH="83" HPOS="712" VPOS="1976" ID="st8-494"/></TextLine><TextLine HPOS="196" VPOS="1999" ID="tl8-53" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="of" WIDTH="18" HPOS="196" VPOS="1999" ID="st8-495"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="218" VPOS="1999" ID="st8-496"/><SP/><String HEIGHT="18" CONTENT="Europe" WIDTH="58" HPOS="249" VPOS="1999" ID="st8-497"/><SP/><String HEIGHT="18" CONTENT="2020" WIDTH="43" HPOS="312" VPOS="1999" ID="st8-498"/><SP/><String HEIGHT="18" CONTENT="Strategy" WIDTH="64" HPOS="359" VPOS="1999" ID="st8-499"/><String HEIGHT="18" CONTENT="," WIDTH="8" HPOS="423" VPOS="1999" ID="st8-500"/><SP/><String HEIGHT="18" CONTENT="but" WIDTH="28" HPOS="436" VPOS="1999" ID="st8-501"/><SP/><String HEIGHT="18" CONTENT="also" WIDTH="32" HPOS="468" VPOS="1999" ID="st8-502"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="505" VPOS="1999" ID="st8-503"/><SP/><String HEIGHT="18" CONTENT="older" WIDTH="42" HPOS="524" VPOS="1999" ID="st8-504"/><SP/><String HEIGHT="18" CONTENT="versions" WIDTH="66" HPOS="571" VPOS="1999" ID="st8-505"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="641" VPOS="1999" ID="st8-506"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="663" VPOS="1999" ID="st8-507"/><SP/><String HEIGHT="18" CONTENT="Guidelines" WIDTH="87" HPOS="694" VPOS="1999" ID="st8-508"/><SP/><String HEIGHT="18" CONTENT="–" WIDTH="10" HPOS="785" VPOS="1999" ID="st8-509"/></TextLine><TextLine HPOS="196" VPOS="2023" ID="tl8-54" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="see" WIDTH="27" HPOS="196" VPOS="2023" ID="st8-510"/><SP/><String HEIGHT="18" CONTENT="EU" WIDTH="23" HPOS="230" VPOS="2023" ID="st8-511"/><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="259" VPOS="2023" ID="st8-512"/><String HEIGHT="18" CONTENT="2010" WIDTH="34" HPOS="267" VPOS="2023" ID="st8-513"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="301" VPOS="2023" ID="st8-514"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="310" VPOS="2023" ID="st8-515"/><SP/><String HEIGHT="18" CONTENT="The" WIDTH="31" HPOS="325" VPOS="2023" ID="st8-516"/><SP/><String HEIGHT="18" CONTENT="imbalance" WIDTH="84" HPOS="362" VPOS="2023" ID="st8-517"/><SP/><String HEIGHT="18" CONTENT="components" WIDTH="103" HPOS="453" VPOS="2023" ID="st8-518"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="18" HPOS="562" VPOS="2023" ID="st8-519"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="586" VPOS="2023" ID="st8-520"/><SP/><String HEIGHT="18" CONTENT="wage" WIDTH="45" HPOS="620" VPOS="2023" ID="st8-521"/><SP/><String HEIGHT="18" CONTENT="guideline" WIDTH="75" HPOS="672" VPOS="2023" ID="st8-522"/><SP/><String HEIGHT="18" CONTENT="were" WIDTH="41" HPOS="754" VPOS="2023" ID="st8-523"/></TextLine><TextLine HPOS="196" VPOS="2046" ID="tl8-55" WIDTH="328" HEIGHT="18"><String HEIGHT="18" CONTENT="discussed" WIDTH="75" HPOS="196" VPOS="2046" ID="st8-524"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="271" VPOS="2046" ID="st8-525"/><SP/><String HEIGHT="18" CONTENT="for" WIDTH="24" HPOS="285" VPOS="2046" ID="st8-526"/><SP/><String HEIGHT="18" CONTENT="example" WIDTH="65" HPOS="314" VPOS="2046" ID="st8-527"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="379" VPOS="2046" ID="st8-528"/><SP/><String HEIGHT="18" CONTENT="by" WIDTH="20" HPOS="394" VPOS="2046" ID="st8-529"/><SP/><String HEIGHT="18" CONTENT="Watt" WIDTH="40" HPOS="419" VPOS="2046" ID="st8-530"/><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="465" VPOS="2046" ID="st8-531"/><String HEIGHT="18" CONTENT="2007" WIDTH="34" HPOS="473" VPOS="2046" ID="st8-532"/><String HEIGHT="18" CONTENT=")" WIDTH="8" HPOS="507" VPOS="2046" ID="st8-533"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="515" VPOS="2046" ID="st8-534"/></TextLine><TextLine HPOS="858" VPOS="307" ID="tl8-56" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="As" WIDTH="26" HPOS="858" VPOS="307" ID="st8-535"/><SP/><String HEIGHT="23" CONTENT="already" WIDTH="76" HPOS="895" VPOS="307" ID="st8-536"/><SP/><String HEIGHT="23" CONTENT="mentioned" WIDTH="109" HPOS="981" VPOS="307" ID="st8-537"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1090" VPOS="307" ID="st8-538"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1114" VPOS="307" ID="st8-539"/><SP/><String HEIGHT="23" CONTENT="very" WIDTH="43" HPOS="1159" VPOS="307" ID="st8-540"/><SP/><String HEIGHT="23" CONTENT="low" WIDTH="38" HPOS="1213" VPOS="307" ID="st8-541"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1262" VPOS="307" ID="st8-542"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="1331" VPOS="307" ID="st8-543"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="307" ID="st8-544"/></TextLine><TextLine HPOS="858" VPOS="343" ID="tl8-57" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="343" ID="st8-545"/><SP/><String HEIGHT="23" CONTENT="private" WIDTH="72" HPOS="898" VPOS="343" ID="st8-546"/><SP/><String HEIGHT="23" CONTENT="service" WIDTH="71" HPOS="976" VPOS="343" ID="st8-547"/><SP/><String HEIGHT="23" CONTENT="sector" WIDTH="64" HPOS="1052" VPOS="343" ID="st8-548"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1122" VPOS="343" ID="st8-549"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="1147" VPOS="343" ID="st8-550"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1250" VPOS="343" ID="st8-551"/><SP/><String HEIGHT="23" CONTENT="recent" WIDTH="66" HPOS="1275" VPOS="343" ID="st8-552"/><SP/><String HEIGHT="23" CONTENT="years" WIDTH="55" HPOS="1346" VPOS="343" ID="st8-553"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="1406" VPOS="343" ID="st8-554"/></TextLine><TextLine HPOS="858" VPOS="379" ID="tl8-58" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="contributed" WIDTH="124" HPOS="858" VPOS="379" ID="st8-555"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="993" VPOS="379" ID="st8-556"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1026" VPOS="379" ID="st8-557"/><SP/><String HEIGHT="23" CONTENT="emergence" WIDTH="118" HPOS="1072" VPOS="379" ID="st8-558"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1201" VPOS="379" ID="st8-559"/><SP/><String HEIGHT="23" CONTENT="external" WIDTH="85" HPOS="1235" VPOS="379" ID="st8-560"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="113" HPOS="1331" VPOS="379" ID="st8-561"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1444" VPOS="379" ID="st8-562"/></TextLine><TextLine HPOS="858" VPOS="415" ID="tl8-59" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="Although" WIDTH="100" HPOS="858" VPOS="415" ID="st8-563"/><SP/><String HEIGHT="23" CONTENT="there" WIDTH="55" HPOS="969" VPOS="415" ID="st8-564"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="1035" VPOS="415" ID="st8-565"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="1082" VPOS="415" ID="st8-566"/><SP/><String HEIGHT="23" CONTENT="little" WIDTH="46" HPOS="1146" VPOS="415" ID="st8-567"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1203" VPOS="415" ID="st8-568"/><SP/><String HEIGHT="23" CONTENT="way" WIDTH="44" HPOS="1238" VPOS="415" ID="st8-569"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1293" VPOS="415" ID="st8-570"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1326" VPOS="415" ID="st8-571"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1395" VPOS="415" ID="st8-572"/></TextLine><TextLine HPOS="858" VPOS="451" ID="tl8-60" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="858" VPOS="451" ID="st8-573"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1003" VPOS="451" ID="st8-574"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="1033" VPOS="451" ID="st8-575"/><SP/><String HEIGHT="23" CONTENT="area" WIDTH="45" HPOS="1082" VPOS="451" ID="st8-576"/><SP/><String HEIGHT="23" CONTENT="hitherto" WIDTH="85" HPOS="1138" VPOS="451" ID="st8-577"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="1233" VPOS="451" ID="st8-578"/><SP/><String HEIGHT="23" CONTENT="approaches" WIDTH="122" HPOS="1301" VPOS="451" ID="st8-579"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1434" VPOS="451" ID="st8-580"/></TextLine><TextLine HPOS="858" VPOS="488" ID="tl8-61" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="stimulate" WIDTH="97" HPOS="858" VPOS="488" ID="st8-581"/><SP/><String HEIGHT="22" CONTENT="wages" WIDTH="68" HPOS="962" VPOS="488" ID="st8-582"/><SP/><String HEIGHT="22" CONTENT="are" WIDTH="33" HPOS="1037" VPOS="488" ID="st8-583"/><SP/><String HEIGHT="22" CONTENT="conceivable" WIDTH="120" HPOS="1077" VPOS="488" ID="st8-584"/><String HEIGHT="22" CONTENT="." WIDTH="11" HPOS="1197" VPOS="488" ID="st8-585"/><SP/><String HEIGHT="22" CONTENT="This" WIDTH="41" HPOS="1215" VPOS="488" ID="st8-586"/><SP/><String HEIGHT="22" CONTENT="includes" WIDTH="87" HPOS="1263" VPOS="488" ID="st8-587"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="1357" VPOS="488" ID="st8-588"/><SP/><String HEIGHT="22" CONTENT="intro" WIDTH="49" HPOS="1398" VPOS="488" ID="st8-589" SUBS_TYPE="HypPart1" SUBS_CONTENT="introduction"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="488" HEIGHT="22"/></TextLine><TextLine HPOS="858" VPOS="524" ID="tl8-62" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="duction" WIDTH="80" HPOS="858" VPOS="524" ID="st8-590" SUBS_TYPE="HypPart2" SUBS_CONTENT="introduction"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="949" VPOS="524" ID="st8-591"/><SP/><String HEIGHT="23" CONTENT="minimum" WIDTH="101" HPOS="982" VPOS="524" ID="st8-592"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="1094" VPOS="524" ID="st8-593"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="22" HPOS="1173" VPOS="524" ID="st8-594"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="58" HPOS="1206" VPOS="524" ID="st8-595"/><SP/><String HEIGHT="23" CONTENT="benefit" WIDTH="75" HPOS="1275" VPOS="524" ID="st8-596"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="95" HPOS="1361" VPOS="524" ID="st8-597"/></TextLine><TextLine HPOS="858" VPOS="560" ID="tl8-63" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="858" VPOS="560" ID="st8-598"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="886" VPOS="560" ID="st8-599"/><SP/><String HEIGHT="23" CONTENT="whose" WIDTH="69" HPOS="992" VPOS="560" ID="st8-600"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1070" VPOS="560" ID="st8-601"/><SP/><String HEIGHT="23" CONTENT="development" WIDTH="139" HPOS="1137" VPOS="560" ID="st8-602"/><SP/><String HEIGHT="23" CONTENT="threatens" WIDTH="100" HPOS="1284" VPOS="560" ID="st8-603"/><SP/><String HEIGHT="23" CONTENT="stabil" WIDTH="55" HPOS="1392" VPOS="560" ID="st8-604" SUBS_TYPE="HypPart1" SUBS_CONTENT="stability"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="560" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="596" ID="tl8-64" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ity" WIDTH="21" HPOS="858" VPOS="596" ID="st8-605" SUBS_TYPE="HypPart2" SUBS_CONTENT="stability"/><String HEIGHT="23" CONTENT="," WIDTH="8" HPOS="879" VPOS="596" ID="st8-606"/><SP/><String HEIGHT="23" CONTENT="such" WIDTH="49" HPOS="896" VPOS="596" ID="st8-607"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="953" VPOS="596" ID="st8-608"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="89" HPOS="984" VPOS="596" ID="st8-609"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1073" VPOS="596" ID="st8-610"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="1094" VPOS="596" ID="st8-611"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="1144" VPOS="596" ID="st8-612"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="37" HPOS="1219" VPOS="596" ID="st8-613"/><SP/><String HEIGHT="23" CONTENT="necessarily" WIDTH="113" HPOS="1264" VPOS="596" ID="st8-614"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="1385" VPOS="596" ID="st8-615"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1444" VPOS="596" ID="st8-616"/></TextLine><TextLine HPOS="858" VPOS="632" ID="tl8-65" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="direct" WIDTH="59" HPOS="858" VPOS="632" ID="st8-617"/><SP/><String HEIGHT="23" CONTENT="impact" WIDTH="72" HPOS="926" VPOS="632" ID="st8-618"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1006" VPOS="632" ID="st8-619"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1043" VPOS="632" ID="st8-620"/><SP/><String HEIGHT="23" CONTENT="competitiveness" WIDTH="169" HPOS="1086" VPOS="632" ID="st8-621"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1264" VPOS="632" ID="st8-622"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1295" VPOS="632" ID="st8-623"/><SP/><String HEIGHT="23" CONTENT="export" WIDTH="68" HPOS="1338" VPOS="632" ID="st8-624"/><SP/><String HEIGHT="23" CONTENT="sec" WIDTH="31" HPOS="1415" VPOS="632" ID="st8-625" SUBS_TYPE="HypPart1" SUBS_CONTENT="sector"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="632" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="668" ID="tl8-66" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tor" WIDTH="30" HPOS="858" VPOS="668" ID="st8-626" SUBS_TYPE="HypPart2" SUBS_CONTENT="sector"/><String HEIGHT="23" CONTENT="(" WIDTH="9" HPOS="897" VPOS="668" ID="st8-627"/><String HEIGHT="23" CONTENT="in" WIDTH="18" HPOS="906" VPOS="668" ID="st8-628"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="933" VPOS="668" ID="st8-629"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="1006" VPOS="668" ID="st8-630"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="1083" VPOS="668" ID="st8-631"/><SP/><String HEIGHT="23" CONTENT="still" WIDTH="35" HPOS="1125" VPOS="668" ID="st8-632"/><SP/><String HEIGHT="23" CONTENT="comparatively" WIDTH="147" HPOS="1169" VPOS="668" ID="st8-633"/><SP/><String HEIGHT="23" CONTENT="high" WIDTH="48" HPOS="1325" VPOS="668" ID="st8-634"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1382" VPOS="668" ID="st8-635"/><SP/><String HEIGHT="23" CONTENT="Ger" WIDTH="35" HPOS="1410" VPOS="668" ID="st8-636" SUBS_TYPE="HypPart1" SUBS_CONTENT="Germany"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="668" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="704" ID="tl8-67" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="many" WIDTH="48" HPOS="858" VPOS="704" ID="st8-637" SUBS_TYPE="HypPart2" SUBS_CONTENT="Germany"/><String HEIGHT="23" CONTENT=")" WIDTH="12" HPOS="906" VPOS="704" ID="st8-638"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="918" VPOS="704" ID="st8-639"/><SP/><String HEIGHT="23" CONTENT="Higher" WIDTH="71" HPOS="936" VPOS="704" ID="st8-640"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="1013" VPOS="704" ID="st8-641"/><SP/><String HEIGHT="23" CONTENT="especially" WIDTH="100" HPOS="1088" VPOS="704" ID="st8-642"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1194" VPOS="704" ID="st8-643"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1219" VPOS="704" ID="st8-644"/><SP/><String HEIGHT="23" CONTENT="German" WIDTH="87" HPOS="1260" VPOS="704" ID="st8-645"/><SP/><String HEIGHT="23" CONTENT="low" WIDTH="39" HPOS="1353" VPOS="704" ID="st8-646"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1398" VPOS="704" ID="st8-647"/></TextLine><TextLine HPOS="858" VPOS="740" ID="tl8-68" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="sector" WIDTH="64" HPOS="858" VPOS="740" ID="st8-648"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="930" VPOS="740" ID="st8-649"/><SP/><String HEIGHT="23" CONTENT="ultimately" WIDTH="104" HPOS="1006" VPOS="740" ID="st8-650"/><SP/><String HEIGHT="23" CONTENT="benefit" WIDTH="75" HPOS="1119" VPOS="740" ID="st8-651"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="1202" VPOS="740" ID="st8-652"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1253" VPOS="740" ID="st8-653"/><SP/><String HEIGHT="23" CONTENT="southern" WIDTH="95" HPOS="1296" VPOS="740" ID="st8-654"/><SP/><String HEIGHT="23" CONTENT="Euro" WIDTH="45" HPOS="1400" VPOS="740" ID="st8-655" SUBS_TYPE="HypPart1" SUBS_CONTENT="European"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="740" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="776" ID="tl8-69" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="pean" WIDTH="53" HPOS="858" VPOS="776" ID="st8-656" SUBS_TYPE="HypPart2" SUBS_CONTENT="European"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="93" HPOS="921" VPOS="776" ID="st8-657"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1014" VPOS="776" ID="st8-658"/><SP/><String HEIGHT="23" CONTENT="primarily" WIDTH="91" HPOS="1036" VPOS="776" ID="st8-659"/><SP/><String HEIGHT="23" CONTENT="because" WIDTH="86" HPOS="1138" VPOS="776" ID="st8-660"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1234" VPOS="776" ID="st8-661"/><SP/><String HEIGHT="23" CONTENT="higher" WIDTH="68" HPOS="1267" VPOS="776" ID="st8-662"/><SP/><String HEIGHT="23" CONTENT="imports" WIDTH="80" HPOS="1346" VPOS="776" ID="st8-663"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="776" ID="st8-664"/></TextLine><TextLine HPOS="858" VPOS="813" ID="tl8-70" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="Germany" WIDTH="89" HPOS="858" VPOS="813" ID="st8-665"/><String HEIGHT="22" CONTENT="." WIDTH="13" HPOS="947" VPOS="813" ID="st8-666"/><SP/><String HEIGHT="22" CONTENT="Finally" WIDTH="61" HPOS="969" VPOS="813" ID="st8-667"/><String HEIGHT="22" CONTENT="," WIDTH="9" HPOS="1030" VPOS="813" ID="st8-668"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1049" VPOS="813" ID="st8-669"/><SP/><String HEIGHT="22" CONTENT="economic" WIDTH="102" HPOS="1094" VPOS="813" ID="st8-670"/><SP/><String HEIGHT="22" CONTENT="policy" WIDTH="61" HPOS="1206" VPOS="813" ID="st8-671"/><SP/><String HEIGHT="22" CONTENT="toolbox" WIDTH="81" HPOS="1277" VPOS="813" ID="st8-672"/><SP/><String HEIGHT="22" CONTENT="contains" WIDTH="89" HPOS="1367" VPOS="813" ID="st8-673"/></TextLine><TextLine HPOS="858" VPOS="849" ID="tl8-71" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="858" VPOS="849" ID="st8-674"/><SP/><String HEIGHT="23" CONTENT="options" WIDTH="79" HPOS="925" VPOS="849" ID="st8-675"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1014" VPOS="849" ID="st8-676"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="66" HPOS="1088" VPOS="849" ID="st8-677"/><SP/><String HEIGHT="23" CONTENT="affect" WIDTH="61" HPOS="1164" VPOS="849" ID="st8-678"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1235" VPOS="849" ID="st8-679"/><SP/><String HEIGHT="23" CONTENT="costs" WIDTH="53" HPOS="1303" VPOS="849" ID="st8-680"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1366" VPOS="849" ID="st8-681"/><SP/><String HEIGHT="23" CONTENT="cur" WIDTH="30" HPOS="1416" VPOS="849" ID="st8-682" SUBS_TYPE="HypPart1" SUBS_CONTENT="current"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="849" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="885" ID="tl8-72" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="rent" WIDTH="42" HPOS="858" VPOS="885" ID="st8-683" SUBS_TYPE="HypPart2" SUBS_CONTENT="current"/><SP/><String HEIGHT="23" CONTENT="account" WIDTH="85" HPOS="907" VPOS="885" ID="st8-684"/><SP/><String HEIGHT="23" CONTENT="balances" WIDTH="91" HPOS="999" VPOS="885" ID="st8-685"/><SP/><String HEIGHT="23" CONTENT="more" WIDTH="55" HPOS="1097" VPOS="885" ID="st8-686"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="22" HPOS="1159" VPOS="885" ID="st8-687"/><SP/><String HEIGHT="23" CONTENT="less" WIDTH="38" HPOS="1188" VPOS="885" ID="st8-688"/><SP/><String HEIGHT="23" CONTENT="directly" WIDTH="71" HPOS="1233" VPOS="885" ID="st8-689"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="1304" VPOS="885" ID="st8-690"/><SP/><String HEIGHT="23" CONTENT="For" WIDTH="33" HPOS="1320" VPOS="885" ID="st8-691"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="84" HPOS="1360" VPOS="885" ID="st8-692"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1444" VPOS="885" ID="st8-693"/></TextLine><TextLine HPOS="858" VPOS="921" ID="tl8-73" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="858" VPOS="921" ID="st8-694"/><SP/><String HEIGHT="23" CONTENT="foreign" WIDTH="76" HPOS="878" VPOS="921" ID="st8-695"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="962" VPOS="921" ID="st8-696"/><SP/><String HEIGHT="23" CONTENT="stability" WIDTH="80" HPOS="1025" VPOS="921" ID="st8-697"/><SP/><String HEIGHT="23" CONTENT="pact" WIDTH="46" HPOS="1113" VPOS="921" ID="st8-698"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="58" HPOS="1167" VPOS="921" ID="st8-699"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="1233" VPOS="921" ID="st8-700"/><SP/><String HEIGHT="23" CONTENT="introduced" WIDTH="115" HPOS="1267" VPOS="921" ID="st8-701"/><SP/><String HEIGHT="23" CONTENT="within" WIDTH="66" HPOS="1390" VPOS="921" ID="st8-702"/></TextLine><TextLine HPOS="858" VPOS="957" ID="tl8-74" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="957" ID="st8-703"/><SP/><String HEIGHT="23" CONTENT="framework" WIDTH="117" HPOS="901" VPOS="957" ID="st8-704"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1027" VPOS="957" ID="st8-705"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1057" VPOS="957" ID="st8-706"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1130" VPOS="957" ID="st8-707"/><SP/><String HEIGHT="23" CONTENT="euro" WIDTH="49" HPOS="1173" VPOS="957" ID="st8-708"/><SP/><String HEIGHT="23" CONTENT="member" WIDTH="89" HPOS="1230" VPOS="957" ID="st8-709"/><SP/><String HEIGHT="23" CONTENT="states" WIDTH="61" HPOS="1328" VPOS="957" ID="st8-710"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="58" HPOS="1398" VPOS="957" ID="st8-711"/></TextLine><TextLine HPOS="858" VPOS="993" ID="tl8-75" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="reach" WIDTH="58" HPOS="858" VPOS="993" ID="st8-712"/><SP/><String HEIGHT="23" CONTENT="agreement" WIDTH="115" HPOS="923" VPOS="993" ID="st8-713"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1045" VPOS="993" ID="st8-714"/><SP/><String HEIGHT="23" CONTENT="threshold" WIDTH="99" HPOS="1081" VPOS="993" ID="st8-715"/><SP/><String HEIGHT="23" CONTENT="values" WIDTH="65" HPOS="1188" VPOS="993" ID="st8-716"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="1261" VPOS="993" ID="st8-717"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1299" VPOS="993" ID="st8-718"/><SP/><String HEIGHT="23" CONTENT="current" WIDTH="76" HPOS="1341" VPOS="993" ID="st8-719"/><SP/><String HEIGHT="23" CONTENT="ac" WIDTH="22" HPOS="1424" VPOS="993" ID="st8-720" SUBS_TYPE="HypPart1" SUBS_CONTENT="account"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="993" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1029" ID="tl8-76" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="count" WIDTH="61" HPOS="858" VPOS="1029" ID="st8-721" SUBS_TYPE="HypPart2" SUBS_CONTENT="account"/><SP/><String HEIGHT="23" CONTENT="above" WIDTH="64" HPOS="928" VPOS="1029" ID="st8-722"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="63" HPOS="1001" VPOS="1029" ID="st8-723"/><SP/><String HEIGHT="23" CONTENT="there" WIDTH="55" HPOS="1073" VPOS="1029" ID="st8-724"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="1137" VPOS="1029" ID="st8-725"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="1213" VPOS="1029" ID="st8-726"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="1248" VPOS="1029" ID="st8-727"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="1283" VPOS="1029" ID="st8-728"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1395" VPOS="1029" ID="st8-729"/></TextLine><TextLine HPOS="858" VPOS="1065" ID="tl8-77" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="response" WIDTH="94" HPOS="858" VPOS="1065" ID="st8-730"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="962" VPOS="1065" ID="st8-731"/><String HEIGHT="23" CONTENT="the" WIDTH="32" HPOS="972" VPOS="1065" ID="st8-732"/><SP/><String HEIGHT="23" CONTENT="selection" WIDTH="93" HPOS="1014" VPOS="1065" ID="st8-733"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1118" VPOS="1065" ID="st8-734"/><SP/><String HEIGHT="23" CONTENT="means" WIDTH="70" HPOS="1150" VPOS="1065" ID="st8-735"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="1230" VPOS="1065" ID="st8-736"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="1307" VPOS="1065" ID="st8-737"/><SP/><String HEIGHT="23" CONTENT="left" WIDTH="34" HPOS="1344" VPOS="1065" ID="st8-738"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1389" VPOS="1065" ID="st8-739"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1421" VPOS="1065" ID="st8-740"/></TextLine><TextLine HPOS="858" VPOS="1101" ID="tl8-78" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="member" WIDTH="89" HPOS="858" VPOS="1101" ID="st8-741"/><SP/><String HEIGHT="23" CONTENT="states" WIDTH="61" HPOS="958" VPOS="1101" ID="st8-742"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="1031" VPOS="1101" ID="st8-743"/><SP/><String HEIGHT="23" CONTENT="see" WIDTH="35" HPOS="1054" VPOS="1101" ID="st8-744"/><SP/><String HEIGHT="23" CONTENT="Dullien" WIDTH="74" HPOS="1100" VPOS="1101" ID="st8-745"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1186" VPOS="1101" ID="st8-746"/><SP/><String HEIGHT="23" CONTENT="Schwarzer" WIDTH="110" HPOS="1237" VPOS="1101" ID="st8-747"/><SP/><String HEIGHT="23" CONTENT="2009" WIDTH="46" HPOS="1359" VPOS="1101" ID="st8-748"/><String HEIGHT="23" CONTENT=")" WIDTH="11" HPOS="1405" VPOS="1101" ID="st8-749"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1416" VPOS="1101" ID="st8-750"/><SP/><String HEIGHT="23" CONTENT="A" WIDTH="16" HPOS="1440" VPOS="1101" ID="st8-751"/></TextLine><TextLine HPOS="858" VPOS="1138" ID="tl8-79" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="similar" WIDTH="68" HPOS="858" VPOS="1138" ID="st8-752"/><SP/><String HEIGHT="22" CONTENT="direction" WIDTH="93" HPOS="934" VPOS="1138" ID="st8-753"/><SP/><String HEIGHT="22" CONTENT="is" WIDTH="15" HPOS="1036" VPOS="1138" ID="st8-754"/><SP/><String HEIGHT="22" CONTENT="taken" WIDTH="60" HPOS="1059" VPOS="1138" ID="st8-755"/><SP/><String HEIGHT="22" CONTENT="by" WIDTH="25" HPOS="1128" VPOS="1138" ID="st8-756"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1161" VPOS="1138" ID="st8-757"/><SP/><String HEIGHT="22" CONTENT="debate" WIDTH="73" HPOS="1205" VPOS="1138" ID="st8-758"/><SP/><String HEIGHT="22" CONTENT="on" WIDTH="28" HPOS="1287" VPOS="1138" ID="st8-759"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="1323" VPOS="1138" ID="st8-760"/><SP/><String HEIGHT="22" CONTENT="macroeco" WIDTH="100" HPOS="1344" VPOS="1138" ID="st8-761" SUBS_TYPE="HypPart1" SUBS_CONTENT="macroeconomic"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="1138" HEIGHT="22"/></TextLine><TextLine HPOS="858" VPOS="1174" ID="tl8-80" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="nomic" WIDTH="65" HPOS="858" VPOS="1174" ID="st8-762" SUBS_TYPE="HypPart2" SUBS_CONTENT="macroeconomic"/><String HEIGHT="23" CONTENT="»" WIDTH="12" HPOS="931" VPOS="1174" ID="st8-763"/><String HEIGHT="23" CONTENT="scoreboard" WIDTH="120" HPOS="943" VPOS="1174" ID="st8-764"/><String HEIGHT="23" CONTENT="«" WIDTH="13" HPOS="1063" VPOS="1174" ID="st8-765"/><SP/><String HEIGHT="23" CONTENT="currently" WIDTH="93" HPOS="1083" VPOS="1174" ID="st8-766"/><SP/><String HEIGHT="23" CONTENT="under" WIDTH="63" HPOS="1183" VPOS="1174" ID="st8-767"/><SP/><String HEIGHT="23" CONTENT="way" WIDTH="43" HPOS="1253" VPOS="1174" ID="st8-768"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1304" VPOS="1174" ID="st8-769"/><SP/><String HEIGHT="23" CONTENT="EU" WIDTH="29" HPOS="1331" VPOS="1174" ID="st8-770"/><SP/><String HEIGHT="23" CONTENT="commit" WIDTH="77" HPOS="1367" VPOS="1174" ID="st8-771" SUBS_TYPE="HypPart1" SUBS_CONTENT="committees"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="1174" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1210" ID="tl8-81" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tees" WIDTH="40" HPOS="858" VPOS="1210" ID="st8-772" SUBS_TYPE="HypPart2" SUBS_CONTENT="committees"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="898" VPOS="1210" ID="st8-773"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="919" VPOS="1210" ID="st8-774"/><SP/><String HEIGHT="23" CONTENT="notion" WIDTH="69" HPOS="972" VPOS="1210" ID="st8-775"/><SP/><String HEIGHT="23" CONTENT="takes" WIDTH="56" HPOS="1052" VPOS="1210" ID="st8-776"/><SP/><String HEIGHT="23" CONTENT="into" WIDTH="41" HPOS="1119" VPOS="1210" ID="st8-777"/><SP/><String HEIGHT="23" CONTENT="consideration" WIDTH="139" HPOS="1172" VPOS="1210" ID="st8-778"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1311" VPOS="1210" ID="st8-779"/><SP/><String HEIGHT="23" CONTENT="besides" WIDTH="77" HPOS="1333" VPOS="1210" ID="st8-780"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1421" VPOS="1210" ID="st8-781"/></TextLine><TextLine HPOS="858" VPOS="1246" ID="tl8-82" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="current" WIDTH="76" HPOS="858" VPOS="1246" ID="st8-782"/><SP/><String HEIGHT="23" CONTENT="account" WIDTH="85" HPOS="939" VPOS="1246" ID="st8-783"/><SP/><String HEIGHT="23" CONTENT="balance" WIDTH="77" HPOS="1030" VPOS="1246" ID="st8-784"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1107" VPOS="1246" ID="st8-785"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="1124" VPOS="1246" ID="st8-786"/><SP/><String HEIGHT="23" CONTENT="risk" WIDTH="36" HPOS="1187" VPOS="1246" ID="st8-787"/><SP/><String HEIGHT="23" CONTENT="factors" WIDTH="72" HPOS="1229" VPOS="1246" ID="st8-788"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="1307" VPOS="1246" ID="st8-789"/><SP/><String HEIGHT="23" CONTENT="regard" WIDTH="68" HPOS="1360" VPOS="1246" ID="st8-790"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1434" VPOS="1246" ID="st8-791"/></TextLine><TextLine HPOS="858" VPOS="1282" ID="tl8-83" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="858" VPOS="1282" ID="st8-792"/><SP/><String HEIGHT="23" CONTENT="stability" WIDTH="80" HPOS="1033" VPOS="1282" ID="st8-793"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1119" VPOS="1282" ID="st8-794"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1145" VPOS="1282" ID="st8-795"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="1185" VPOS="1282" ID="st8-796"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="35" HPOS="1291" VPOS="1282" ID="st8-797"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1326" VPOS="1282" ID="st8-798"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1344" VPOS="1282" ID="st8-799"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1370" VPOS="1282" ID="st8-800"/><SP/><String HEIGHT="23" CONTENT="case" WIDTH="46" HPOS="1410" VPOS="1282" ID="st8-801"/></TextLine><TextLine HPOS="858" VPOS="1318" ID="tl8-84" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="858" VPOS="1318" ID="st8-802"/><SP/><String HEIGHT="23" CONTENT="constant" WIDTH="92" HPOS="887" VPOS="1318" ID="st8-803"/><SP/><String HEIGHT="23" CONTENT="violations" WIDTH="100" HPOS="987" VPOS="1318" ID="st8-804"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1094" VPOS="1318" ID="st8-805"/><SP/><String HEIGHT="23" CONTENT="limit" WIDTH="45" HPOS="1124" VPOS="1318" ID="st8-806"/><SP/><String HEIGHT="23" CONTENT="values" WIDTH="61" HPOS="1177" VPOS="1318" ID="st8-807"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1238" VPOS="1318" ID="st8-808"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="58" HPOS="1257" VPOS="1318" ID="st8-809"/><SP/><String HEIGHT="23" CONTENT="even" WIDTH="50" HPOS="1322" VPOS="1318" ID="st8-810"/><SP/><String HEIGHT="23" CONTENT="include" WIDTH="76" HPOS="1380" VPOS="1318" ID="st8-811"/></TextLine><TextLine HPOS="858" VPOS="1354" ID="tl8-85" WIDTH="469" HEIGHT="23"><String HEIGHT="23" CONTENT="sanctions" WIDTH="98" HPOS="858" VPOS="1354" ID="st8-812"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="963" VPOS="1354" ID="st8-813"/><String HEIGHT="23" CONTENT="see" WIDTH="32" HPOS="973" VPOS="1354" ID="st8-814"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="1012" VPOS="1354" ID="st8-815"/><SP/><String HEIGHT="23" CONTENT="Commission" WIDTH="130" HPOS="1120" VPOS="1354" ID="st8-816"/><SP/><String HEIGHT="23" CONTENT="2010" WIDTH="46" HPOS="1257" VPOS="1354" ID="st8-817"/><String HEIGHT="23" CONTENT=")" WIDTH="12" HPOS="1303" VPOS="1354" ID="st8-818"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1315" VPOS="1354" ID="st8-819"/></TextLine><TextLine HPOS="818" VPOS="2254" ID="tl8-86" WIDTH="16" HEIGHT="27"><String HEIGHT="27" CONTENT="8" WIDTH="16" HPOS="818" VPOS="2254" ID="st8-820"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="9" ID="p749091" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749091" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749091" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl9-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st9-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st9-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st9-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st9-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st9-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st9-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st9-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st9-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st9-8"/></TextLine><TextLine HPOS="196" VPOS="299" ID="tl9-1" WIDTH="166" HEIGHT="33"><String HEIGHT="33" CONTENT="References" WIDTH="166" HPOS="196" VPOS="299" ID="st9-9"/></TextLine><TextLine HPOS="196" VPOS="370" ID="tl9-2" WIDTH="102" HEIGHT="19"><String HEIGHT="19" CONTENT="Bispinck" WIDTH="71" HPOS="196" VPOS="370" ID="st9-10"/><String HEIGHT="19" CONTENT="," WIDTH="9" HPOS="267" VPOS="370" ID="st9-11"/><SP/><String HEIGHT="19" CONTENT="R" WIDTH="8" HPOS="281" VPOS="370" ID="st9-12"/><String HEIGHT="19" CONTENT="." WIDTH="9" HPOS="289" VPOS="370" ID="st9-13"/></TextLine><TextLine HPOS="303" VPOS="370" ID="tl9-3" WIDTH="492" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="303" VPOS="370" ID="st9-14"/><String HEIGHT="18" CONTENT="2009" WIDTH="34" HPOS="311" VPOS="370" ID="st9-15"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="345" VPOS="370" ID="st9-16"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="354" VPOS="370" ID="st9-17"/><SP/><String HEIGHT="18" CONTENT="Tarifpolitischer" WIDTH="119" HPOS="368" VPOS="370" ID="st9-18"/><SP/><String HEIGHT="18" CONTENT="Jahresbericht" WIDTH="108" HPOS="491" VPOS="370" ID="st9-19"/><SP/><String HEIGHT="18" CONTENT="2008" WIDTH="39" HPOS="604" VPOS="370" ID="st9-20"/><String HEIGHT="18" CONTENT=":" WIDTH="10" HPOS="643" VPOS="370" ID="st9-21"/><SP/><String HEIGHT="18" CONTENT="Tarifpolitik" WIDTH="85" HPOS="658" VPOS="370" ID="st9-22"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="748" VPOS="370" ID="st9-23"/><SP/><String HEIGHT="18" CONTENT="der" WIDTH="27" HPOS="768" VPOS="370" ID="st9-24"/></TextLine><TextLine HPOS="196" VPOS="394" ID="tl9-4" WIDTH="355" HEIGHT="17"><String HEIGHT="17" CONTENT="Finanzmarktkrise" WIDTH="136" HPOS="196" VPOS="394" ID="st9-25"/><String HEIGHT="17" CONTENT="," WIDTH="9" HPOS="332" VPOS="394" ID="st9-26"/><SP/><String HEIGHT="17" CONTENT="WSI" WIDTH="27" HPOS="346" VPOS="394" ID="st9-27"/><String HEIGHT="17" CONTENT="-" WIDTH="9" HPOS="373" VPOS="394" ID="st9-28"/><String HEIGHT="17" CONTENT="Mitteilungen" WIDTH="109" HPOS="382" VPOS="394" ID="st9-29"/><String HEIGHT="17" CONTENT="," WIDTH="6" HPOS="491" VPOS="394" ID="st9-30"/><SP/><String HEIGHT="17" CONTENT="62" WIDTH="16" HPOS="502" VPOS="394" ID="st9-31"/><String HEIGHT="17" CONTENT="(" WIDTH="8" HPOS="518" VPOS="394" ID="st9-32"/><String HEIGHT="17" CONTENT="4" WIDTH="8" HPOS="526" VPOS="394" ID="st9-33"/><String HEIGHT="17" CONTENT=")" WIDTH="8" HPOS="534" VPOS="394" ID="st9-34"/><String HEIGHT="17" CONTENT="." WIDTH="9" HPOS="542" VPOS="394" ID="st9-35"/></TextLine><TextLine HPOS="196" VPOS="429" ID="tl9-5" WIDTH="278" HEIGHT="18"><String HEIGHT="18" CONTENT="Dullien" WIDTH="62" HPOS="196" VPOS="429" ID="st9-36"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="258" VPOS="429" ID="st9-37"/><SP/><String HEIGHT="18" CONTENT="S" WIDTH="8" HPOS="276" VPOS="429" ID="st9-38"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="284" VPOS="429" ID="st9-39"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="34" HPOS="302" VPOS="429" ID="st9-40"/><SP/><String HEIGHT="18" CONTENT="Schwarzer" WIDTH="89" HPOS="346" VPOS="429" ID="st9-41"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="435" VPOS="429" ID="st9-42"/><SP/><String HEIGHT="18" CONTENT="D" WIDTH="10" HPOS="454" VPOS="429" ID="st9-43"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="464" VPOS="429" ID="st9-44"/></TextLine><TextLine HPOS="483" VPOS="429" ID="tl9-6" WIDTH="312" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="483" VPOS="429" ID="st9-45"/><String HEIGHT="18" CONTENT="2009" WIDTH="34" HPOS="491" VPOS="429" ID="st9-46"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="525" VPOS="429" ID="st9-47"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="534" VPOS="429" ID="st9-48"/><SP/><String HEIGHT="18" CONTENT="Die" WIDTH="27" HPOS="552" VPOS="429" ID="st9-49"/><SP/><String HEIGHT="18" CONTENT="Eurozone" WIDTH="77" HPOS="589" VPOS="429" ID="st9-50"/><SP/><String HEIGHT="18" CONTENT="braucht" WIDTH="64" HPOS="676" VPOS="429" ID="st9-51"/><SP/><String HEIGHT="18" CONTENT="einen" WIDTH="46" HPOS="749" VPOS="429" ID="st9-52"/></TextLine><TextLine HPOS="196" VPOS="452" ID="tl9-7" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="außenwirtschaftlichen" WIDTH="183" HPOS="196" VPOS="452" ID="st9-53"/><SP/><String HEIGHT="18" CONTENT="Stabilitätspakt" WIDTH="115" HPOS="385" VPOS="452" ID="st9-54"/><String HEIGHT="18" CONTENT="," WIDTH="8" HPOS="500" VPOS="452" ID="st9-55"/><SP/><String HEIGHT="18" CONTENT="SWP" WIDTH="38" HPOS="514" VPOS="452" ID="st9-56"/><SP/><String HEIGHT="18" CONTENT="Aktuell" WIDTH="59" HPOS="558" VPOS="452" ID="st9-57"/><SP/><String HEIGHT="18" CONTENT="27" WIDTH="22" HPOS="623" VPOS="452" ID="st9-58"/><String HEIGHT="18" CONTENT="," WIDTH="5" HPOS="645" VPOS="452" ID="st9-59"/><SP/><String HEIGHT="18" CONTENT="Stiftung" WIDTH="66" HPOS="657" VPOS="452" ID="st9-60"/><SP/><String HEIGHT="18" CONTENT="Wissen" WIDTH="57" HPOS="729" VPOS="452" ID="st9-61" SUBS_TYPE="HypPart1" SUBS_CONTENT="Wissenschaft"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="452" HEIGHT="18"/></TextLine><TextLine HPOS="196" VPOS="476" ID="tl9-8" WIDTH="206" HEIGHT="17"><String HEIGHT="17" CONTENT="schaft" WIDTH="50" HPOS="196" VPOS="476" ID="st9-62" SUBS_TYPE="HypPart2" SUBS_CONTENT="Wissenschaft"/><SP/><String HEIGHT="17" CONTENT="und" WIDTH="33" HPOS="251" VPOS="476" ID="st9-63"/><SP/><String HEIGHT="17" CONTENT="Politik" WIDTH="48" HPOS="289" VPOS="476" ID="st9-64"/><String HEIGHT="17" CONTENT="," WIDTH="7" HPOS="337" VPOS="476" ID="st9-65"/><SP/><String HEIGHT="17" CONTENT="Berlin" WIDTH="44" HPOS="350" VPOS="476" ID="st9-66"/><String HEIGHT="17" CONTENT="." WIDTH="8" HPOS="394" VPOS="476" ID="st9-67"/></TextLine><TextLine HPOS="196" VPOS="511" ID="tl9-9" WIDTH="206" HEIGHT="18"><String HEIGHT="18" CONTENT="European" WIDTH="88" HPOS="196" VPOS="511" ID="st9-68"/><SP/><String HEIGHT="18" CONTENT="Commission" WIDTH="110" HPOS="292" VPOS="511" ID="st9-69"/></TextLine><TextLine HPOS="411" VPOS="511" ID="tl9-10" WIDTH="384" HEIGHT="17"><String HEIGHT="17" CONTENT="(" WIDTH="8" HPOS="411" VPOS="511" ID="st9-70"/><String HEIGHT="17" CONTENT="2010" WIDTH="34" HPOS="419" VPOS="511" ID="st9-71"/><String HEIGHT="17" CONTENT=")" WIDTH="9" HPOS="453" VPOS="511" ID="st9-72"/><String HEIGHT="17" CONTENT=":" WIDTH="9" HPOS="462" VPOS="511" ID="st9-73"/><SP/><String HEIGHT="17" CONTENT="Proposal" WIDTH="70" HPOS="479" VPOS="511" ID="st9-74"/><SP/><String HEIGHT="17" CONTENT="for" WIDTH="24" HPOS="558" VPOS="511" ID="st9-75"/><SP/><String HEIGHT="17" CONTENT="a" WIDTH="10" HPOS="590" VPOS="511" ID="st9-76"/><SP/><String HEIGHT="17" CONTENT="Regulation" WIDTH="88" HPOS="609" VPOS="511" ID="st9-77"/><SP/><String HEIGHT="17" CONTENT="of" WIDTH="17" HPOS="706" VPOS="511" ID="st9-78"/><SP/><String HEIGHT="17" CONTENT="the" WIDTH="27" HPOS="732" VPOS="511" ID="st9-79"/><SP/><String HEIGHT="17" CONTENT="Eu" WIDTH="19" HPOS="767" VPOS="511" ID="st9-80" SUBS_TYPE="HypPart1" SUBS_CONTENT="European"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="511" HEIGHT="17"/></TextLine><TextLine HPOS="196" VPOS="534" ID="tl9-11" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="ropean" WIDTH="59" HPOS="196" VPOS="534" ID="st9-81" SUBS_TYPE="HypPart2" SUBS_CONTENT="European"/><SP/><String HEIGHT="18" CONTENT="Parliament" WIDTH="88" HPOS="263" VPOS="534" ID="st9-82"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="31" HPOS="360" VPOS="534" ID="st9-83"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="400" VPOS="534" ID="st9-84"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="426" VPOS="534" ID="st9-85"/><SP/><String HEIGHT="18" CONTENT="Council" WIDTH="63" HPOS="462" VPOS="534" ID="st9-86"/><SP/><String HEIGHT="18" CONTENT="on" WIDTH="21" HPOS="534" VPOS="534" ID="st9-87"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="564" VPOS="534" ID="st9-88"/><SP/><String HEIGHT="18" CONTENT="prevention" WIDTH="88" HPOS="600" VPOS="534" ID="st9-89"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="31" HPOS="697" VPOS="534" ID="st9-90"/><SP/><String HEIGHT="18" CONTENT="correc" WIDTH="50" HPOS="737" VPOS="534" ID="st9-91" SUBS_TYPE="HypPart1" SUBS_CONTENT="correction"/><HYP CONTENT="-" WIDTH="8" HPOS="787" VPOS="534" HEIGHT="18"/></TextLine><TextLine HPOS="196" VPOS="557" ID="tl9-12" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="tion" WIDTH="33" HPOS="196" VPOS="557" ID="st9-92" SUBS_TYPE="HypPart2" SUBS_CONTENT="correction"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="235" VPOS="557" ID="st9-93"/><SP/><String HEIGHT="18" CONTENT="macroeconomic" WIDTH="131" HPOS="258" VPOS="557" ID="st9-94"/><SP/><String HEIGHT="18" CONTENT="imbalances" WIDTH="88" HPOS="395" VPOS="557" ID="st9-95"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="483" VPOS="557" ID="st9-96"/><SP/><String HEIGHT="18" CONTENT="Commission" WIDTH="101" HPOS="498" VPOS="557" ID="st9-97"/><SP/><String HEIGHT="18" CONTENT="Document" WIDTH="86" HPOS="605" VPOS="557" ID="st9-98"/><String HEIGHT="18" CONTENT="(" WIDTH="9" HPOS="697" VPOS="557" ID="st9-99"/><String HEIGHT="18" CONTENT="2010" WIDTH="36" HPOS="706" VPOS="557" ID="st9-100"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="742" VPOS="557" ID="st9-101"/><SP/><String HEIGHT="18" CONTENT="527" WIDTH="28" HPOS="757" VPOS="557" ID="st9-102"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="785" VPOS="557" ID="st9-103"/></TextLine><TextLine HPOS="196" VPOS="581" ID="tl9-13" WIDTH="71" HEIGHT="17"><String HEIGHT="17" CONTENT="­Brussels" WIDTH="63" HPOS="196" VPOS="581" ID="st9-104"/><String HEIGHT="17" CONTENT="." WIDTH="8" HPOS="259" VPOS="581" ID="st9-105"/></TextLine><TextLine HPOS="196" VPOS="616" ID="tl9-14" WIDTH="339" HEIGHT="18"><String HEIGHT="18" CONTENT="European" WIDTH="88" HPOS="196" VPOS="616" ID="st9-106"/><SP/><String HEIGHT="18" CONTENT="Metalworkers" WIDTH="123" HPOS="293" VPOS="616" ID="st9-107"/><String HEIGHT="18" CONTENT="’" WIDTH="11" HPOS="416" VPOS="616" ID="st9-108"/><SP/><String HEIGHT="18" CONTENT="Federation" WIDTH="99" HPOS="436" VPOS="616" ID="st9-109"/></TextLine><TextLine HPOS="545" VPOS="616" ID="tl9-15" WIDTH="250" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="9" HPOS="545" VPOS="616" ID="st9-110"/><String HEIGHT="18" CONTENT="EMB" WIDTH="30" HPOS="554" VPOS="616" ID="st9-111"/><String HEIGHT="18" CONTENT=")" WIDTH="10" HPOS="584" VPOS="616" ID="st9-112"/><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="603" VPOS="616" ID="st9-113"/><String HEIGHT="18" CONTENT="1993" WIDTH="34" HPOS="611" VPOS="616" ID="st9-114"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="645" VPOS="616" ID="st9-115"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="654" VPOS="616" ID="st9-116"/><SP/><String HEIGHT="18" CONTENT="Collective" WIDTH="81" HPOS="672" VPOS="616" ID="st9-117"/><SP/><String HEIGHT="18" CONTENT="bar" WIDTH="25" HPOS="762" VPOS="616" ID="st9-118" SUBS_TYPE="HypPart1" SUBS_CONTENT="bargaining"/><HYP CONTENT="-" WIDTH="8" HPOS="787" VPOS="616" HEIGHT="18"/></TextLine><TextLine HPOS="196" VPOS="639" ID="tl9-16" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="gaining" WIDTH="62" HPOS="196" VPOS="639" ID="st9-119" SUBS_TYPE="HypPart2" SUBS_CONTENT="bargaining"/><SP/><String HEIGHT="18" CONTENT="policy" WIDTH="48" HPOS="263" VPOS="639" ID="st9-120"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="316" VPOS="639" ID="st9-121"/><SP/><String HEIGHT="18" CONTENT="a" WIDTH="10" HPOS="337" VPOS="639" ID="st9-122"/><SP/><String HEIGHT="18" CONTENT="changing" WIDTH="77" HPOS="352" VPOS="639" ID="st9-123"/><SP/><String HEIGHT="18" CONTENT="Europe" WIDTH="54" HPOS="434" VPOS="639" ID="st9-124"/><String HEIGHT="18" CONTENT=";" WIDTH="10" HPOS="488" VPOS="639" ID="st9-125"/><SP/><String HEIGHT="18" CONTENT="Statement" WIDTH="85" HPOS="503" VPOS="639" ID="st9-126"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="594" VPOS="639" ID="st9-127"/><SP/><String HEIGHT="18" CONTENT="principle" WIDTH="71" HPOS="616" VPOS="639" ID="st9-128"/><SP/><String HEIGHT="18" CONTENT="on" WIDTH="22" HPOS="692" VPOS="639" ID="st9-129"/><SP/><String HEIGHT="18" CONTENT="collective" WIDTH="76" HPOS="719" VPOS="639" ID="st9-130"/></TextLine><TextLine HPOS="196" VPOS="662" ID="tl9-17" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="­bargaining" WIDTH="86" HPOS="196" VPOS="662" ID="st9-131"/><String HEIGHT="18" CONTENT="," WIDTH="8" HPOS="282" VPOS="662" ID="st9-132"/><SP/><String HEIGHT="18" CONTENT="adopted" WIDTH="69" HPOS="298" VPOS="662" ID="st9-133"/><SP/><String HEIGHT="18" CONTENT="at" WIDTH="16" HPOS="375" VPOS="662" ID="st9-134"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="399" VPOS="662" ID="st9-135"/><SP/><String HEIGHT="18" CONTENT="1st" WIDTH="24" HPOS="434" VPOS="662" ID="st9-136"/><SP/><String HEIGHT="18" CONTENT="EMF" WIDTH="36" HPOS="466" VPOS="662" ID="st9-137"/><SP/><String HEIGHT="18" CONTENT="Collective" WIDTH="79" HPOS="510" VPOS="662" ID="st9-138"/><SP/><String HEIGHT="18" CONTENT="Bargaining" WIDTH="89" HPOS="597" VPOS="662" ID="st9-139"/><SP/><String HEIGHT="18" CONTENT="Conference" WIDTH="91" HPOS="694" VPOS="662" ID="st9-140"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="785" VPOS="662" ID="st9-141"/></TextLine><TextLine HPOS="196" VPOS="686" ID="tl9-18" WIDTH="269" HEIGHT="18"><String HEIGHT="18" CONTENT="Luxemburg" WIDTH="89" HPOS="196" VPOS="686" ID="st9-142"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="285" VPOS="686" ID="st9-143"/><SP/><String HEIGHT="18" CONTENT="11–13" WIDTH="53" HPOS="300" VPOS="686" ID="st9-144"/><SP/><String HEIGHT="18" CONTENT="March" WIDTH="53" HPOS="358" VPOS="686" ID="st9-145"/><SP/><String HEIGHT="18" CONTENT="1993" WIDTH="39" HPOS="416" VPOS="686" ID="st9-146"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="455" VPOS="686" ID="st9-147"/></TextLine><TextLine HPOS="196" VPOS="721" ID="tl9-19" WIDTH="25" HEIGHT="18"><String HEIGHT="18" CONTENT="EU" WIDTH="25" HPOS="196" VPOS="721" ID="st9-148"/></TextLine><TextLine HPOS="226" VPOS="721" ID="tl9-20" WIDTH="569" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="226" VPOS="721" ID="st9-149"/><String HEIGHT="18" CONTENT="2010" WIDTH="34" HPOS="234" VPOS="721" ID="st9-150"/><String HEIGHT="18" CONTENT=")" WIDTH="8" HPOS="268" VPOS="721" ID="st9-151"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="276" VPOS="721" ID="st9-152"/><SP/><String HEIGHT="18" CONTENT="European" WIDTH="79" HPOS="289" VPOS="721" ID="st9-153"/><SP/><String HEIGHT="18" CONTENT="Council" WIDTH="59" HPOS="372" VPOS="721" ID="st9-154"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="431" VPOS="721" ID="st9-155"/><SP/><String HEIGHT="18" CONTENT="17" WIDTH="21" HPOS="445" VPOS="721" ID="st9-156"/><SP/><String HEIGHT="18" CONTENT="June" WIDTH="37" HPOS="471" VPOS="721" ID="st9-157"/><SP/><String HEIGHT="18" CONTENT="2010" WIDTH="39" HPOS="513" VPOS="721" ID="st9-158"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="552" VPOS="721" ID="st9-159"/><SP/><String HEIGHT="18" CONTENT="Conclusions" WIDTH="99" HPOS="566" VPOS="721" ID="st9-160"/><SP/><String HEIGHT="18" CONTENT="–" WIDTH="9" HPOS="670" VPOS="721" ID="st9-161"/><SP/><String HEIGHT="18" CONTENT="Europe" WIDTH="58" HPOS="684" VPOS="721" ID="st9-162"/><SP/><String HEIGHT="18" CONTENT="2020" WIDTH="39" HPOS="746" VPOS="721" ID="st9-163"/><String HEIGHT="18" CONTENT=":" WIDTH="10" HPOS="785" VPOS="721" ID="st9-164"/></TextLine><TextLine HPOS="196" VPOS="744" ID="tl9-21" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="Integrated" WIDTH="86" HPOS="196" VPOS="744" ID="st9-165"/><SP/><String HEIGHT="18" CONTENT="guidelines" WIDTH="83" HPOS="288" VPOS="744" ID="st9-166"/><SP/><String HEIGHT="18" CONTENT="for" WIDTH="24" HPOS="378" VPOS="744" ID="st9-167"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="408" VPOS="744" ID="st9-168"/><SP/><String HEIGHT="18" CONTENT="economic" WIDTH="80" HPOS="442" VPOS="744" ID="st9-169"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="31" HPOS="529" VPOS="744" ID="st9-170"/><SP/><String HEIGHT="18" CONTENT="employment" WIDTH="104" HPOS="566" VPOS="744" ID="st9-171"/><SP/><String HEIGHT="18" CONTENT="policies" WIDTH="60" HPOS="677" VPOS="744" ID="st9-172"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="744" VPOS="744" ID="st9-173"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="768" VPOS="744" ID="st9-174"/></TextLine><TextLine HPOS="196" VPOS="768" ID="tl9-22" WIDTH="131" HEIGHT="17"><String HEIGHT="17" CONTENT="Member" WIDTH="71" HPOS="196" VPOS="768" ID="st9-175"/><SP/><String HEIGHT="17" CONTENT="States" WIDTH="47" HPOS="272" VPOS="768" ID="st9-176"/><String HEIGHT="17" CONTENT="." WIDTH="8" HPOS="319" VPOS="768" ID="st9-177"/></TextLine><TextLine HPOS="196" VPOS="803" ID="tl9-23" WIDTH="92" HEIGHT="18"><String HEIGHT="18" CONTENT="Fischer" WIDTH="58" HPOS="196" VPOS="803" ID="st9-178"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="254" VPOS="803" ID="st9-179"/><SP/><String HEIGHT="18" CONTENT="C" WIDTH="8" HPOS="271" VPOS="803" ID="st9-180"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="279" VPOS="803" ID="st9-181"/></TextLine><TextLine HPOS="296" VPOS="803" ID="tl9-24" WIDTH="499" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="296" VPOS="803" ID="st9-182"/><String HEIGHT="18" CONTENT="2007" WIDTH="34" HPOS="304" VPOS="803" ID="st9-183"/><String HEIGHT="18" CONTENT=")" WIDTH="8" HPOS="338" VPOS="803" ID="st9-184"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="346" VPOS="803" ID="st9-185"/><SP/><String HEIGHT="18" CONTENT="An" WIDTH="24" HPOS="363" VPOS="803" ID="st9-186"/><SP/><String HEIGHT="18" CONTENT="Assessment" WIDTH="96" HPOS="395" VPOS="803" ID="st9-187"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="499" VPOS="803" ID="st9-188"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="524" VPOS="803" ID="st9-189"/><SP/><String HEIGHT="18" CONTENT="Trends" WIDTH="53" HPOS="559" VPOS="803" ID="st9-190"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="620" VPOS="803" ID="st9-191"/><SP/><String HEIGHT="18" CONTENT="International" WIDTH="105" HPOS="643" VPOS="803" ID="st9-192"/><SP/><String HEIGHT="18" CONTENT="Price" WIDTH="39" HPOS="756" VPOS="803" ID="st9-193"/></TextLine><TextLine HPOS="196" VPOS="826" ID="tl9-25" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="Competitiveness" WIDTH="136" HPOS="196" VPOS="826" ID="st9-194"/><SP/><String HEIGHT="18" CONTENT="among" WIDTH="58" HPOS="341" VPOS="826" ID="st9-195"/><SP/><String HEIGHT="18" CONTENT="EMU" WIDTH="40" HPOS="408" VPOS="826" ID="st9-196"/><SP/><String HEIGHT="18" CONTENT="Countries" WIDTH="77" HPOS="456" VPOS="826" ID="st9-197"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="533" VPOS="826" ID="st9-198"/><SP/><String HEIGHT="18" CONTENT="Discussion" WIDTH="86" HPOS="550" VPOS="826" ID="st9-199"/><SP/><String HEIGHT="18" CONTENT="Paper" WIDTH="41" HPOS="644" VPOS="826" ID="st9-200"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="685" VPOS="826" ID="st9-201"/><SP/><String HEIGHT="18" CONTENT="Forschung" WIDTH="83" HPOS="703" VPOS="826" ID="st9-202" SUBS_TYPE="HypPart1" SUBS_CONTENT="Forschungszentrum"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="826" HEIGHT="18"/></TextLine><TextLine HPOS="196" VPOS="849" ID="tl9-26" WIDTH="315" HEIGHT="18"><String HEIGHT="18" CONTENT="szentrum" WIDTH="77" HPOS="196" VPOS="849" ID="st9-203" SUBS_TYPE="HypPart2" SUBS_CONTENT="Forschungszentrum"/><SP/><String HEIGHT="18" CONTENT="der" WIDTH="27" HPOS="278" VPOS="849" ID="st9-204"/><SP/><String HEIGHT="18" CONTENT="Deutschen" WIDTH="87" HPOS="311" VPOS="849" ID="st9-205"/><SP/><String HEIGHT="18" CONTENT="Bundesbank" WIDTH="97" HPOS="404" VPOS="849" ID="st9-206"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="501" VPOS="849" ID="st9-207"/></TextLine><TextLine HPOS="196" VPOS="885" ID="tl9-27" WIDTH="267" HEIGHT="18"><String HEIGHT="18" CONTENT="Flassbeck" WIDTH="81" HPOS="196" VPOS="885" ID="st9-208"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="277" VPOS="885" ID="st9-209"/><SP/><String HEIGHT="18" CONTENT="H" WIDTH="10" HPOS="294" VPOS="885" ID="st9-210"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="304" VPOS="885" ID="st9-211"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="34" HPOS="321" VPOS="885" ID="st9-212"/><SP/><String HEIGHT="18" CONTENT="Spiecker" WIDTH="71" HPOS="363" VPOS="885" ID="st9-213"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="434" VPOS="885" ID="st9-214"/><SP/><String HEIGHT="18" CONTENT="F" WIDTH="6" HPOS="450" VPOS="885" ID="st9-215"/><String HEIGHT="18" CONTENT="." WIDTH="7" HPOS="456" VPOS="885" ID="st9-216"/></TextLine><TextLine HPOS="470" VPOS="885" ID="tl9-28" WIDTH="325" HEIGHT="17"><String HEIGHT="17" CONTENT="(" WIDTH="8" HPOS="470" VPOS="885" ID="st9-217"/><String HEIGHT="17" CONTENT="2009" WIDTH="34" HPOS="478" VPOS="885" ID="st9-218"/><String HEIGHT="17" CONTENT=")" WIDTH="8" HPOS="512" VPOS="885" ID="st9-219"/><String HEIGHT="17" CONTENT=":" WIDTH="9" HPOS="520" VPOS="885" ID="st9-220"/><SP/><String HEIGHT="17" CONTENT="Griechische" WIDTH="95" HPOS="536" VPOS="885" ID="st9-221"/><SP/><String HEIGHT="17" CONTENT="Tragödie" WIDTH="70" HPOS="639" VPOS="885" ID="st9-222"/><SP/><String HEIGHT="17" CONTENT="mit" WIDTH="27" HPOS="716" VPOS="885" ID="st9-223"/><SP/><String HEIGHT="17" CONTENT="deut" WIDTH="36" HPOS="750" VPOS="885" ID="st9-224" SUBS_TYPE="HypPart1" SUBS_CONTENT="deutscher"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="885" HEIGHT="17"/></TextLine><TextLine HPOS="196" VPOS="908" ID="tl9-29" WIDTH="526" HEIGHT="18"><String HEIGHT="18" CONTENT="scher" WIDTH="44" HPOS="196" VPOS="908" ID="st9-225" SUBS_TYPE="HypPart2" SUBS_CONTENT="deutscher"/><SP/><String HEIGHT="18" CONTENT="Wurzel" WIDTH="54" HPOS="245" VPOS="908" ID="st9-226"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="299" VPOS="908" ID="st9-227"/><SP/><String HEIGHT="18" CONTENT="Financial" WIDTH="71" HPOS="314" VPOS="908" ID="st9-228"/><SP/><String HEIGHT="18" CONTENT="Times" WIDTH="48" HPOS="390" VPOS="908" ID="st9-229"/><SP/><String HEIGHT="18" CONTENT="Deutschland" WIDTH="103" HPOS="443" VPOS="908" ID="st9-230"/><String HEIGHT="18" CONTENT="," WIDTH="5" HPOS="546" VPOS="908" ID="st9-231"/><SP/><String HEIGHT="18" CONTENT="11" WIDTH="21" HPOS="557" VPOS="908" ID="st9-232"/><SP/><String HEIGHT="18" CONTENT="December" WIDTH="84" HPOS="584" VPOS="908" ID="st9-233"/><SP/><String HEIGHT="18" CONTENT="2009" WIDTH="39" HPOS="673" VPOS="908" ID="st9-234"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="712" VPOS="908" ID="st9-235"/></TextLine><TextLine HPOS="196" VPOS="943" ID="tl9-30" WIDTH="264" HEIGHT="18"><String HEIGHT="18" CONTENT="Johnston" WIDTH="79" HPOS="196" VPOS="943" ID="st9-236"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="275" VPOS="943" ID="st9-237"/><SP/><String HEIGHT="18" CONTENT="A" WIDTH="8" HPOS="289" VPOS="943" ID="st9-238"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="297" VPOS="943" ID="st9-239"/><String HEIGHT="18" CONTENT="L" WIDTH="9" HPOS="306" VPOS="943" ID="st9-240"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="315" VPOS="943" ID="st9-241"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="34" HPOS="328" VPOS="943" ID="st9-242"/><SP/><String HEIGHT="18" CONTENT="Hancké" WIDTH="61" HPOS="367" VPOS="943" ID="st9-243"/><String HEIGHT="18" CONTENT="," WIDTH="11" HPOS="428" VPOS="943" ID="st9-244"/><SP/><String HEIGHT="18" CONTENT="R" WIDTH="8" HPOS="443" VPOS="943" ID="st9-245"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="451" VPOS="943" ID="st9-246"/></TextLine><TextLine HPOS="465" VPOS="943" ID="tl9-31" WIDTH="330" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="9" HPOS="465" VPOS="943" ID="st9-247"/><String HEIGHT="18" CONTENT="2009" WIDTH="36" HPOS="474" VPOS="943" ID="st9-248"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="510" VPOS="943" ID="st9-249"/><SP/><String HEIGHT="18" CONTENT="Wage" WIDTH="48" HPOS="523" VPOS="943" ID="st9-250"/><SP/><String HEIGHT="18" CONTENT="inflation" WIDTH="68" HPOS="575" VPOS="943" ID="st9-251"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="31" HPOS="647" VPOS="943" ID="st9-252"/><SP/><String HEIGHT="18" CONTENT="labour" WIDTH="53" HPOS="683" VPOS="943" ID="st9-253"/><SP/><String HEIGHT="18" CONTENT="unions" WIDTH="55" HPOS="740" VPOS="943" ID="st9-254"/></TextLine><TextLine HPOS="196" VPOS="966" ID="tl9-32" WIDTH="489" HEIGHT="18"><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="196" VPOS="966" ID="st9-255"/><SP/><String HEIGHT="18" CONTENT="EMU" WIDTH="33" HPOS="217" VPOS="966" ID="st9-256"/><String HEIGHT="18" CONTENT="," WIDTH="12" HPOS="250" VPOS="966" ID="st9-257"/><SP/><String HEIGHT="18" CONTENT="Journal" WIDTH="59" HPOS="268" VPOS="966" ID="st9-258"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="18" HPOS="332" VPOS="966" ID="st9-259"/><SP/><String HEIGHT="18" CONTENT="European" WIDTH="79" HPOS="355" VPOS="966" ID="st9-260"/><SP/><String HEIGHT="18" CONTENT="Public" WIDTH="49" HPOS="439" VPOS="966" ID="st9-261"/><SP/><String HEIGHT="18" CONTENT="Policy" WIDTH="47" HPOS="493" VPOS="966" ID="st9-262"/><String HEIGHT="18" CONTENT="," WIDTH="5" HPOS="540" VPOS="966" ID="st9-263"/><SP/><String HEIGHT="18" CONTENT="16" WIDTH="16" HPOS="551" VPOS="966" ID="st9-264"/><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="567" VPOS="966" ID="st9-265"/><String HEIGHT="18" CONTENT="4" WIDTH="8" HPOS="575" VPOS="966" ID="st9-266"/><String HEIGHT="18" CONTENT=")" WIDTH="8" HPOS="583" VPOS="966" ID="st9-267"/><String HEIGHT="18" CONTENT=":" WIDTH="8" HPOS="591" VPOS="966" ID="st9-268"/><SP/><String HEIGHT="18" CONTENT="601–622" WIDTH="70" HPOS="605" VPOS="966" ID="st9-269"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="675" VPOS="966" ID="st9-270"/></TextLine><TextLine HPOS="196" VPOS="1002" ID="tl9-33" WIDTH="122" HEIGHT="18"><String HEIGHT="18" CONTENT="Meinhold" WIDTH="82" HPOS="196" VPOS="1002" ID="st9-271"/><String HEIGHT="18" CONTENT="," WIDTH="11" HPOS="278" VPOS="1002" ID="st9-272"/><SP/><String HEIGHT="18" CONTENT="H" WIDTH="10" HPOS="298" VPOS="1002" ID="st9-273"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="308" VPOS="1002" ID="st9-274"/></TextLine><TextLine HPOS="326" VPOS="1002" ID="tl9-34" WIDTH="469" HEIGHT="17"><String HEIGHT="17" CONTENT="(" WIDTH="8" HPOS="326" VPOS="1002" ID="st9-275"/><String HEIGHT="17" CONTENT="1969" WIDTH="34" HPOS="334" VPOS="1002" ID="st9-276"/><String HEIGHT="17" CONTENT=")" WIDTH="9" HPOS="368" VPOS="1002" ID="st9-277"/><String HEIGHT="17" CONTENT=":" WIDTH="9" HPOS="377" VPOS="1002" ID="st9-278"/><SP/><String HEIGHT="17" CONTENT="Die" WIDTH="27" HPOS="394" VPOS="1002" ID="st9-279"/><SP/><String HEIGHT="17" CONTENT="Einkommensverteilung" WIDTH="189" HPOS="430" VPOS="1002" ID="st9-280"/><SP/><String HEIGHT="17" CONTENT="als" WIDTH="22" HPOS="627" VPOS="1002" ID="st9-281"/><SP/><String HEIGHT="17" CONTENT="wirtschafts" WIDTH="88" HPOS="658" VPOS="1002" ID="st9-282"/><String HEIGHT="17" CONTENT="-" WIDTH="8" HPOS="746" VPOS="1002" ID="st9-283"/><SP/><String HEIGHT="17" CONTENT="und" WIDTH="32" HPOS="763" VPOS="1002" ID="st9-284"/></TextLine><TextLine HPOS="196" VPOS="1025" ID="tl9-35" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="gesellschaftspolitisches" WIDTH="189" HPOS="196" VPOS="1025" ID="st9-285"/><SP/><String HEIGHT="18" CONTENT="Problem" WIDTH="63" HPOS="391" VPOS="1025" ID="st9-286"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="454" VPOS="1025" ID="st9-287"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="14" HPOS="470" VPOS="1025" ID="st9-288"/><String HEIGHT="18" CONTENT=":" WIDTH="7" HPOS="484" VPOS="1025" ID="st9-289"/><SP/><String HEIGHT="18" CONTENT="Helmut" WIDTH="60" HPOS="497" VPOS="1025" ID="st9-290"/><SP/><String HEIGHT="18" CONTENT="Arndt" WIDTH="48" HPOS="563" VPOS="1025" ID="st9-291"/><String HEIGHT="18" CONTENT="(" WIDTH="7" HPOS="617" VPOS="1025" ID="st9-292"/><String HEIGHT="18" CONTENT="ed" WIDTH="14" HPOS="624" VPOS="1025" ID="st9-293"/><String HEIGHT="18" CONTENT="." WIDTH="7" HPOS="638" VPOS="1025" ID="st9-294"/><String HEIGHT="18" CONTENT=")" WIDTH="7" HPOS="645" VPOS="1025" ID="st9-295"/><String HEIGHT="18" CONTENT="," WIDTH="7" HPOS="652" VPOS="1025" ID="st9-296"/><SP/><String HEIGHT="18" CONTENT="Lohnpolitik" WIDTH="91" HPOS="665" VPOS="1025" ID="st9-297"/><SP/><String HEIGHT="18" CONTENT="und" WIDTH="33" HPOS="762" VPOS="1025" ID="st9-298"/></TextLine><TextLine HPOS="196" VPOS="1048" ID="tl9-36" WIDTH="251" HEIGHT="18"><String HEIGHT="18" CONTENT="Einkommensverteilung" WIDTH="188" HPOS="196" VPOS="1048" ID="st9-299"/><String HEIGHT="18" CONTENT="," WIDTH="6" HPOS="384" VPOS="1048" ID="st9-300"/><SP/><String HEIGHT="18" CONTENT="Berlin" WIDTH="44" HPOS="395" VPOS="1048" ID="st9-301"/><String HEIGHT="18" CONTENT="." WIDTH="8" HPOS="439" VPOS="1048" ID="st9-302"/></TextLine><TextLine HPOS="196" VPOS="1083" ID="tl9-37" WIDTH="80" HEIGHT="19"><String HEIGHT="19" CONTENT="Pusch" WIDTH="48" HPOS="196" VPOS="1083" ID="st9-303"/><String HEIGHT="19" CONTENT="," WIDTH="10" HPOS="244" VPOS="1083" ID="st9-304"/><SP/><String HEIGHT="19" CONTENT="T" WIDTH="7" HPOS="262" VPOS="1083" ID="st9-305"/><String HEIGHT="19" CONTENT="." WIDTH="7" HPOS="269" VPOS="1083" ID="st9-306"/></TextLine><TextLine HPOS="284" VPOS="1083" ID="tl9-38" WIDTH="511" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="284" VPOS="1083" ID="st9-307"/><String HEIGHT="18" CONTENT="2009" WIDTH="34" HPOS="292" VPOS="1083" ID="st9-308"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="326" VPOS="1083" ID="st9-309"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="335" VPOS="1083" ID="st9-310"/><SP/><String HEIGHT="18" CONTENT="Policy" WIDTH="46" HPOS="352" VPOS="1083" ID="st9-311"/><SP/><String HEIGHT="18" CONTENT="Games" WIDTH="51" HPOS="407" VPOS="1083" ID="st9-312"/><String HEIGHT="18" CONTENT=":" WIDTH="11" HPOS="458" VPOS="1083" ID="st9-313"/><SP/><String HEIGHT="18" CONTENT="die" WIDTH="25" HPOS="478" VPOS="1083" ID="st9-314"/><SP/><String HEIGHT="18" CONTENT="Interaktion" WIDTH="90" HPOS="511" VPOS="1083" ID="st9-315"/><SP/><String HEIGHT="18" CONTENT="von" WIDTH="30" HPOS="609" VPOS="1083" ID="st9-316"/><SP/><String HEIGHT="18" CONTENT="Lohn" WIDTH="35" HPOS="647" VPOS="1083" ID="st9-317"/><String HEIGHT="18" CONTENT="-" WIDTH="9" HPOS="682" VPOS="1083" ID="st9-318"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="691" VPOS="1083" ID="st9-319"/><SP/><String HEIGHT="18" CONTENT="Geld" WIDTH="36" HPOS="709" VPOS="1083" ID="st9-320"/><String HEIGHT="18" CONTENT="-" WIDTH="9" HPOS="745" VPOS="1083" ID="st9-321"/><SP/><String HEIGHT="18" CONTENT="und" WIDTH="33" HPOS="762" VPOS="1083" ID="st9-322"/></TextLine><TextLine HPOS="196" VPOS="1107" ID="tl9-39" WIDTH="599" HEIGHT="17"><String HEIGHT="17" CONTENT="Fiskalpolitik" WIDTH="95" HPOS="196" VPOS="1107" ID="st9-323"/><SP/><String HEIGHT="17" CONTENT="im" WIDTH="20" HPOS="297" VPOS="1107" ID="st9-324"/><SP/><String HEIGHT="17" CONTENT="Lichte" WIDTH="49" HPOS="322" VPOS="1107" ID="st9-325"/><SP/><String HEIGHT="17" CONTENT="der" WIDTH="27" HPOS="376" VPOS="1107" ID="st9-326"/><SP/><String HEIGHT="17" CONTENT="unkooperativen" WIDTH="129" HPOS="409" VPOS="1107" ID="st9-327"/><SP/><String HEIGHT="17" CONTENT="Spieltheorie" WIDTH="97" HPOS="544" VPOS="1107" ID="st9-328"/><String HEIGHT="17" CONTENT="," WIDTH="5" HPOS="641" VPOS="1107" ID="st9-329"/><SP/><String HEIGHT="17" CONTENT="Zürich" WIDTH="48" HPOS="651" VPOS="1107" ID="st9-330"/><String HEIGHT="17" CONTENT=":" WIDTH="9" HPOS="699" VPOS="1107" ID="st9-331"/><SP/><String HEIGHT="17" CONTENT="Lit" WIDTH="19" HPOS="713" VPOS="1107" ID="st9-332"/><SP/><String HEIGHT="17" CONTENT="Verlag" WIDTH="48" HPOS="738" VPOS="1107" ID="st9-333"/><String HEIGHT="17" CONTENT="." WIDTH="9" HPOS="786" VPOS="1107" ID="st9-334"/></TextLine><TextLine HPOS="196" VPOS="1142" ID="tl9-40" WIDTH="229" HEIGHT="18"><String HEIGHT="18" CONTENT="Pusch" WIDTH="48" HPOS="196" VPOS="1142" ID="st9-335"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="244" VPOS="1142" ID="st9-336"/><SP/><String HEIGHT="18" CONTENT="T" WIDTH="7" HPOS="260" VPOS="1142" ID="st9-337"/><String HEIGHT="18" CONTENT="." WIDTH="7" HPOS="267" VPOS="1142" ID="st9-338"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="35" HPOS="280" VPOS="1142" ID="st9-339"/><SP/><String HEIGHT="18" CONTENT="Glassner" WIDTH="72" HPOS="321" VPOS="1142" ID="st9-340"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="393" VPOS="1142" ID="st9-341"/><SP/><String HEIGHT="18" CONTENT="V" WIDTH="8" HPOS="409" VPOS="1142" ID="st9-342"/><String HEIGHT="18" CONTENT="." WIDTH="8" HPOS="417" VPOS="1142" ID="st9-343"/></TextLine><TextLine HPOS="431" VPOS="1142" ID="tl9-41" WIDTH="364" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="431" VPOS="1142" ID="st9-344"/><String HEIGHT="18" CONTENT="2010" WIDTH="34" HPOS="439" VPOS="1142" ID="st9-345"/><String HEIGHT="18" CONTENT=")" WIDTH="8" HPOS="473" VPOS="1142" ID="st9-346"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="481" VPOS="1142" ID="st9-347"/><SP/><String HEIGHT="18" CONTENT="Lohnpolitische" WIDTH="118" HPOS="497" VPOS="1142" ID="st9-348"/><SP/><String HEIGHT="18" CONTENT="Koordinierung" WIDTH="118" HPOS="622" VPOS="1142" ID="st9-349"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="16" HPOS="746" VPOS="1142" ID="st9-350"/><SP/><String HEIGHT="18" CONTENT="der" WIDTH="27" HPOS="768" VPOS="1142" ID="st9-351"/></TextLine><TextLine HPOS="196" VPOS="1165" ID="tl9-42" WIDTH="551" HEIGHT="18"><String HEIGHT="18" CONTENT="EU" WIDTH="18" HPOS="196" VPOS="1165" ID="st9-352"/><String HEIGHT="18" CONTENT=":" WIDTH="10" HPOS="214" VPOS="1165" ID="st9-353"/><SP/><String HEIGHT="18" CONTENT="Wie" WIDTH="33" HPOS="230" VPOS="1165" ID="st9-354"/><SP/><String HEIGHT="18" CONTENT="Gewerkschaften" WIDTH="135" HPOS="268" VPOS="1165" ID="st9-355"/><SP/><String HEIGHT="18" CONTENT="agieren" WIDTH="57" HPOS="409" VPOS="1165" ID="st9-356"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="466" VPOS="1165" ID="st9-357"/><SP/><String HEIGHT="18" CONTENT="Wirtschaft" WIDTH="85" HPOS="481" VPOS="1165" ID="st9-358"/><SP/><String HEIGHT="18" CONTENT="im" WIDTH="20" HPOS="572" VPOS="1165" ID="st9-359"/><SP/><String HEIGHT="18" CONTENT="Wandel" WIDTH="64" HPOS="597" VPOS="1165" ID="st9-360"/><String HEIGHT="18" CONTENT="," WIDTH="5" HPOS="661" VPOS="1165" ID="st9-361"/><SP/><String HEIGHT="18" CONTENT="12/2010" WIDTH="65" HPOS="672" VPOS="1165" ID="st9-362"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="737" VPOS="1165" ID="st9-363"/></TextLine><TextLine HPOS="196" VPOS="1200" ID="tl9-43" WIDTH="188" HEIGHT="18"><String HEIGHT="18" CONTENT="Sachverständigenrat" WIDTH="188" HPOS="196" VPOS="1200" ID="st9-364"/></TextLine><TextLine HPOS="390" VPOS="1200" ID="tl9-44" WIDTH="405" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="390" VPOS="1200" ID="st9-365"/><String HEIGHT="18" CONTENT="2010" WIDTH="34" HPOS="398" VPOS="1200" ID="st9-366"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="432" VPOS="1200" ID="st9-367"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="441" VPOS="1200" ID="st9-368"/><SP/><String HEIGHT="18" CONTENT="Chancen" WIDTH="74" HPOS="455" VPOS="1200" ID="st9-369"/><SP/><String HEIGHT="18" CONTENT="für" WIDTH="24" HPOS="534" VPOS="1200" ID="st9-370"/><SP/><String HEIGHT="18" CONTENT="einen" WIDTH="45" HPOS="564" VPOS="1200" ID="st9-371"/><SP/><String HEIGHT="18" CONTENT="stabilen" WIDTH="64" HPOS="615" VPOS="1200" ID="st9-372"/><SP/><String HEIGHT="18" CONTENT="Aufschwung" WIDTH="100" HPOS="685" VPOS="1200" ID="st9-373"/><String HEIGHT="18" CONTENT=":" WIDTH="10" HPOS="785" VPOS="1200" ID="st9-374"/></TextLine><TextLine HPOS="196" VPOS="1224" ID="tl9-45" WIDTH="348" HEIGHT="17"><String HEIGHT="17" CONTENT="Jahresgutachten" WIDTH="135" HPOS="196" VPOS="1224" ID="st9-375"/><String HEIGHT="17" CONTENT="[" WIDTH="9" HPOS="336" VPOS="1224" ID="st9-376"/><String HEIGHT="17" CONTENT="Annual" WIDTH="56" HPOS="345" VPOS="1224" ID="st9-377"/><SP/><String HEIGHT="17" CONTENT="report" WIDTH="48" HPOS="407" VPOS="1224" ID="st9-378"/><String HEIGHT="17" CONTENT="]" WIDTH="8" HPOS="455" VPOS="1224" ID="st9-379"/><SP/><String HEIGHT="17" CONTENT="2010/11" WIDTH="66" HPOS="468" VPOS="1224" ID="st9-380"/><String HEIGHT="17" CONTENT="." WIDTH="10" HPOS="534" VPOS="1224" ID="st9-381"/></TextLine><TextLine HPOS="196" VPOS="1259" ID="tl9-46" WIDTH="74" HEIGHT="18"><String HEIGHT="18" CONTENT="Watt" WIDTH="40" HPOS="196" VPOS="1259" ID="st9-382"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="236" VPOS="1259" ID="st9-383"/><SP/><String HEIGHT="18" CONTENT="A" WIDTH="10" HPOS="250" VPOS="1259" ID="st9-384"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="260" VPOS="1259" ID="st9-385"/></TextLine><TextLine HPOS="274" VPOS="1259" ID="tl9-47" WIDTH="521" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="8" HPOS="274" VPOS="1259" ID="st9-386"/><String HEIGHT="18" CONTENT="2007" WIDTH="34" HPOS="282" VPOS="1259" ID="st9-387"/><String HEIGHT="18" CONTENT=")" WIDTH="8" HPOS="316" VPOS="1259" ID="st9-388"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="324" VPOS="1259" ID="st9-389"/><SP/><String HEIGHT="18" CONTENT="The" WIDTH="30" HPOS="337" VPOS="1259" ID="st9-390"/><SP/><String HEIGHT="18" CONTENT="role" WIDTH="31" HPOS="371" VPOS="1259" ID="st9-391"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="406" VPOS="1259" ID="st9-392"/><SP/><String HEIGHT="18" CONTENT="wage" WIDTH="35" HPOS="427" VPOS="1259" ID="st9-393"/><String HEIGHT="18" CONTENT="-" WIDTH="9" HPOS="462" VPOS="1259" ID="st9-394"/><String HEIGHT="18" CONTENT="setting" WIDTH="63" HPOS="471" VPOS="1259" ID="st9-395"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="538" VPOS="1259" ID="st9-396"/><SP/><String HEIGHT="18" CONTENT="a" WIDTH="10" HPOS="557" VPOS="1259" ID="st9-397"/><SP/><String HEIGHT="18" CONTENT="growth" WIDTH="60" HPOS="571" VPOS="1259" ID="st9-398"/><SP/><String HEIGHT="18" CONTENT="strategy" WIDTH="65" HPOS="635" VPOS="1259" ID="st9-399"/><SP/><String HEIGHT="18" CONTENT="for" WIDTH="24" HPOS="704" VPOS="1259" ID="st9-400"/><SP/><String HEIGHT="18" CONTENT="­Europe" WIDTH="55" HPOS="732" VPOS="1259" ID="st9-401"/><String HEIGHT="18" CONTENT="," WIDTH="8" HPOS="787" VPOS="1259" ID="st9-402"/></TextLine><TextLine HPOS="196" VPOS="1282" ID="tl9-48" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="in" WIDTH="14" HPOS="196" VPOS="1282" ID="st9-403"/><String HEIGHT="18" CONTENT=":" WIDTH="7" HPOS="210" VPOS="1282" ID="st9-404"/><SP/><String HEIGHT="18" CONTENT="Michelle" WIDTH="69" HPOS="222" VPOS="1282" ID="st9-405"/><SP/><String HEIGHT="18" CONTENT="Baddeley" WIDTH="75" HPOS="295" VPOS="1282" ID="st9-406"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="31" HPOS="375" VPOS="1282" ID="st9-407"/><SP/><String HEIGHT="18" CONTENT="John" WIDTH="38" HPOS="411" VPOS="1282" ID="st9-408"/><SP/><String HEIGHT="18" CONTENT="McCombie" WIDTH="91" HPOS="454" VPOS="1282" ID="st9-409"/><String HEIGHT="18" CONTENT="(" WIDTH="7" HPOS="550" VPOS="1282" ID="st9-410"/><String HEIGHT="18" CONTENT="eds" WIDTH="22" HPOS="557" VPOS="1282" ID="st9-411"/><String HEIGHT="18" CONTENT=")" WIDTH="7" HPOS="579" VPOS="1282" ID="st9-412"/><String HEIGHT="18" CONTENT="," WIDTH="8" HPOS="586" VPOS="1282" ID="st9-413"/><SP/><String HEIGHT="18" CONTENT="Economic" WIDTH="79" HPOS="599" VPOS="1282" ID="st9-414"/><SP/><String HEIGHT="18" CONTENT="Growth" WIDTH="59" HPOS="683" VPOS="1282" ID="st9-415"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="742" VPOS="1282" ID="st9-416"/><SP/><String HEIGHT="18" CONTENT="New" WIDTH="38" HPOS="757" VPOS="1282" ID="st9-417"/></TextLine><TextLine HPOS="196" VPOS="1305" ID="tl9-49" WIDTH="576" HEIGHT="18"><String HEIGHT="18" CONTENT="Directions" WIDTH="82" HPOS="196" VPOS="1305" ID="st9-418"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="284" VPOS="1305" ID="st9-419"/><SP/><String HEIGHT="18" CONTENT="Theory" WIDTH="57" HPOS="304" VPOS="1305" ID="st9-420"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="32" HPOS="366" VPOS="1305" ID="st9-421"/><SP/><String HEIGHT="18" CONTENT="Policy" WIDTH="46" HPOS="403" VPOS="1305" ID="st9-422"/><String HEIGHT="18" CONTENT="," WIDTH="6" HPOS="449" VPOS="1305" ID="st9-423"/><SP/><String HEIGHT="18" CONTENT="Cheltenham" WIDTH="97" HPOS="460" VPOS="1305" ID="st9-424"/><String HEIGHT="18" CONTENT=":" WIDTH="10" HPOS="557" VPOS="1305" ID="st9-425"/><SP/><String HEIGHT="18" CONTENT="Edward" WIDTH="62" HPOS="573" VPOS="1305" ID="st9-426"/><SP/><String HEIGHT="18" CONTENT="Elgar" WIDTH="39" HPOS="640" VPOS="1305" ID="st9-427"/><String HEIGHT="18" CONTENT=":" WIDTH="8" HPOS="679" VPOS="1305" ID="st9-428"/><SP/><String HEIGHT="18" CONTENT="178–199" WIDTH="70" HPOS="692" VPOS="1305" ID="st9-429"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="762" VPOS="1305" ID="st9-430"/></TextLine><TextLine HPOS="818" VPOS="2254" ID="tl9-50" WIDTH="16" HEIGHT="27"><String HEIGHT="27" CONTENT="9" WIDTH="16" HPOS="818" VPOS="2254" ID="st9-431"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="10" ID="p749092" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749092" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749092" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl10-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st10-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st10-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st10-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st10-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st10-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st10-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st10-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st10-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st10-8"/></TextLine><TextLine HPOS="196" VPOS="303" ID="tl10-1" WIDTH="121" HEIGHT="28"><String HEIGHT="28" CONTENT="Ralf" WIDTH="50" HPOS="196" VPOS="303" ID="st10-9"/><SP/><String HEIGHT="28" CONTENT="Götz" WIDTH="63" HPOS="254" VPOS="303" ID="st10-10"/></TextLine><TextLine HPOS="196" VPOS="372" ID="tl10-2" WIDTH="1161" HEIGHT="33"><String HEIGHT="33" CONTENT="Striving" WIDTH="133" HPOS="196" VPOS="372" ID="st10-11"/><SP/><String HEIGHT="33" CONTENT="for" WIDTH="50" HPOS="339" VPOS="372" ID="st10-12"/><SP/><String HEIGHT="33" CONTENT="Fair" WIDTH="62" HPOS="399" VPOS="372" ID="st10-13"/><SP/><String HEIGHT="33" CONTENT="Wealth" WIDTH="122" HPOS="471" VPOS="372" ID="st10-14"/><SP/><String HEIGHT="33" CONTENT="and" WIDTH="64" HPOS="603" VPOS="372" ID="st10-15"/><SP/><String HEIGHT="33" CONTENT="Income" WIDTH="123" HPOS="677" VPOS="372" ID="st10-16"/><SP/><String HEIGHT="33" CONTENT="Distribution" WIDTH="202" HPOS="810" VPOS="372" ID="st10-17"/><SP/><String HEIGHT="33" CONTENT="and" WIDTH="65" HPOS="1022" VPOS="372" ID="st10-18"/><String HEIGHT="33" CONTENT="»" WIDTH="19" HPOS="1097" VPOS="372" ID="st10-19"/><String HEIGHT="33" CONTENT="Decent" WIDTH="119" HPOS="1116" VPOS="372" ID="st10-20"/><SP/><String HEIGHT="33" CONTENT="Work" WIDTH="89" HPOS="1245" VPOS="372" ID="st10-21"/><String HEIGHT="33" CONTENT="«" WIDTH="23" HPOS="1334" VPOS="372" ID="st10-22"/></TextLine><TextLine HPOS="196" VPOS="408" ID="tl10-3" WIDTH="687" HEIGHT="33"><String HEIGHT="33" CONTENT="­instead" WIDTH="125" HPOS="196" VPOS="408" ID="st10-23"/><SP/><String HEIGHT="33" CONTENT="of" WIDTH="36" HPOS="331" VPOS="408" ID="st10-24"/><SP/><String HEIGHT="33" CONTENT="Promoting" WIDTH="178" HPOS="377" VPOS="408" ID="st10-25"/><SP/><String HEIGHT="33" CONTENT="Wage" WIDTH="97" HPOS="565" VPOS="408" ID="st10-26"/><SP/><String HEIGHT="33" CONTENT="Competition" WIDTH="211" HPOS="672" VPOS="408" ID="st10-27"/></TextLine><TextLine HPOS="196" VPOS="488" ID="tl10-4" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="The" WIDTH="39" HPOS="196" VPOS="488" ID="st10-28"/><SP/><String HEIGHT="22" CONTENT="attempts" WIDTH="95" HPOS="244" VPOS="488" ID="st10-29"/><SP/><String HEIGHT="22" CONTENT="made" WIDTH="59" HPOS="348" VPOS="488" ID="st10-30"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="40" HPOS="416" VPOS="488" ID="st10-31"/><SP/><String HEIGHT="22" CONTENT="decisions" WIDTH="96" HPOS="465" VPOS="488" ID="st10-32"/><SP/><String HEIGHT="22" CONTENT="taken" WIDTH="60" HPOS="570" VPOS="488" ID="st10-33"/><SP/><String HEIGHT="22" CONTENT="with" WIDTH="47" HPOS="639" VPOS="488" ID="st10-34"/><SP/><String HEIGHT="22" CONTENT="regard" WIDTH="69" HPOS="695" VPOS="488" ID="st10-35"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="23" HPOS="772" VPOS="488" ID="st10-36"/></TextLine><TextLine HPOS="196" VPOS="524" ID="tl10-5" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="European" WIDTH="102" HPOS="196" VPOS="524" ID="st10-37"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="310" VPOS="524" ID="st10-38"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="135" HPOS="380" VPOS="524" ID="st10-39"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="527" VPOS="524" ID="st10-40"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="564" VPOS="524" ID="st10-41"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="102" HPOS="611" VPOS="524" ID="st10-42"/><SP/><String HEIGHT="23" CONTENT="Metal" WIDTH="59" HPOS="725" VPOS="524" ID="st10-43" SUBS_TYPE="HypPart1" SUBS_CONTENT="Metalworkers"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="524" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="560" ID="tl10-6" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="workers" WIDTH="80" HPOS="196" VPOS="560" ID="st10-44" SUBS_TYPE="HypPart2" SUBS_CONTENT="Metalworkers"/><String HEIGHT="23" CONTENT="’" WIDTH="12" HPOS="276" VPOS="560" ID="st10-45"/><SP/><String HEIGHT="23" CONTENT="Federation" WIDTH="113" HPOS="298" VPOS="560" ID="st10-46"/><String HEIGHT="23" CONTENT="(" WIDTH="12" HPOS="421" VPOS="560" ID="st10-47"/><String HEIGHT="23" CONTENT="EMF" WIDTH="36" HPOS="433" VPOS="560" ID="st10-48"/><String HEIGHT="23" CONTENT=")" WIDTH="12" HPOS="469" VPOS="560" ID="st10-49"/><SP/><String HEIGHT="23" CONTENT="do" WIDTH="28" HPOS="491" VPOS="560" ID="st10-50"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="529" VPOS="560" ID="st10-51"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="575" VPOS="560" ID="st10-52"/><SP/><String HEIGHT="23" CONTENT="their" WIDTH="49" HPOS="635" VPOS="560" ID="st10-53"/><SP/><String HEIGHT="23" CONTENT="origins" WIDTH="71" HPOS="694" VPOS="560" ID="st10-54"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="775" VPOS="560" ID="st10-55"/></TextLine><TextLine HPOS="196" VPOS="596" ID="tl10-7" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="596" ID="st10-56"/><SP/><String HEIGHT="23" CONTENT="current" WIDTH="76" HPOS="237" VPOS="596" ID="st10-57"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="319" VPOS="596" ID="st10-58"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="428" VPOS="596" ID="st10-59"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="59" HPOS="474" VPOS="596" ID="st10-60"/><SP/><String HEIGHT="23" CONTENT="crisis" WIDTH="48" HPOS="539" VPOS="596" ID="st10-61"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="587" VPOS="596" ID="st10-62"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="602" VPOS="596" ID="st10-63"/><SP/><String HEIGHT="23" CONTENT="rules" WIDTH="50" HPOS="647" VPOS="596" ID="st10-64"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="27" HPOS="703" VPOS="596" ID="st10-65"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="736" VPOS="596" ID="st10-66"/></TextLine><TextLine HPOS="196" VPOS="632" ID="tl10-8" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="196" VPOS="632" ID="st10-67"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="267" VPOS="632" ID="st10-68"/><SP/><String HEIGHT="23" CONTENT="were" WIDTH="52" HPOS="410" VPOS="632" ID="st10-69"/><SP/><String HEIGHT="23" CONTENT="adopted" WIDTH="89" HPOS="471" VPOS="632" ID="st10-70"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="569" VPOS="632" ID="st10-71"/><SP/><String HEIGHT="23" CONTENT="early" WIDTH="50" HPOS="601" VPOS="632" ID="st10-72"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="660" VPOS="632" ID="st10-73"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="691" VPOS="632" ID="st10-74"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="36" HPOS="735" VPOS="632" ID="st10-75"/><String HEIGHT="23" CONTENT="’" WIDTH="12" HPOS="771" VPOS="632" ID="st10-76"/><String HEIGHT="23" CONTENT="s" WIDTH="12" HPOS="783" VPOS="632" ID="st10-77"/></TextLine><TextLine HPOS="196" VPOS="668" ID="tl10-9" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="second" WIDTH="75" HPOS="196" VPOS="668" ID="st10-78"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="280" VPOS="668" ID="st10-79"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="386" VPOS="668" ID="st10-80"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="508" VPOS="668" ID="st10-81"/><SP/><String HEIGHT="23" CONTENT="conference" WIDTH="118" HPOS="578" VPOS="668" ID="st10-82"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="704" VPOS="668" ID="st10-83"/><SP/><String HEIGHT="23" CONTENT="1996" WIDTH="50" HPOS="732" VPOS="668" ID="st10-84"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="782" VPOS="668" ID="st10-85"/></TextLine><TextLine HPOS="196" VPOS="704" ID="tl10-10" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="They" WIDTH="50" HPOS="196" VPOS="704" ID="st10-86"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="32" HPOS="257" VPOS="704" ID="st10-87"/><SP/><String HEIGHT="23" CONTENT="oriented" WIDTH="88" HPOS="300" VPOS="704" ID="st10-88"/><SP/><String HEIGHT="23" CONTENT="towards" WIDTH="85" HPOS="399" VPOS="704" ID="st10-89"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="494" VPOS="704" ID="st10-90"/><SP/><String HEIGHT="23" CONTENT="principle" WIDTH="91" HPOS="539" VPOS="704" ID="st10-91"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="640" VPOS="704" ID="st10-92"/><SP/><String HEIGHT="23" CONTENT="making" WIDTH="79" HPOS="672" VPOS="704" ID="st10-93"/><SP/><String HEIGHT="23" CONTENT="full" WIDTH="34" HPOS="761" VPOS="704" ID="st10-94"/></TextLine><TextLine HPOS="196" VPOS="740" ID="tl10-11" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="use" WIDTH="36" HPOS="196" VPOS="740" ID="st10-95"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="240" VPOS="740" ID="st10-96"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="271" VPOS="740" ID="st10-97"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="123" HPOS="313" VPOS="740" ID="st10-98"/><String HEIGHT="23" CONTENT="-" WIDTH="10" HPOS="436" VPOS="740" ID="st10-99"/><String HEIGHT="23" CONTENT="neutral" WIDTH="72" HPOS="446" VPOS="740" ID="st10-100"/><SP/><String HEIGHT="23" CONTENT="scope" WIDTH="61" HPOS="526" VPOS="740" ID="st10-101"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="595" VPOS="740" ID="st10-102"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="633" VPOS="740" ID="st10-103"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="96" HPOS="699" VPOS="740" ID="st10-104"/></TextLine><TextLine HPOS="196" VPOS="776" ID="tl10-12" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="196" VPOS="776" ID="st10-105"/><SP/><String HEIGHT="23" CONTENT="form" WIDTH="51" HPOS="247" VPOS="776" ID="st10-106"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="309" VPOS="776" ID="st10-107"/><SP/><String HEIGHT="23" CONTENT="guideline" WIDTH="97" HPOS="354" VPOS="776" ID="st10-108"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="461" VPOS="776" ID="st10-109"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="502" VPOS="776" ID="st10-110"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="113" HPOS="610" VPOS="776" ID="st10-111"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="734" VPOS="776" ID="st10-112"/></TextLine><TextLine HPOS="196" VPOS="813" ID="tl10-13" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="for" WIDTH="31" HPOS="196" VPOS="813" ID="st10-113"/><SP/><String HEIGHT="22" CONTENT="all" WIDTH="23" HPOS="236" VPOS="813" ID="st10-114"/><SP/><String HEIGHT="22" CONTENT="EMF" WIDTH="46" HPOS="268" VPOS="813" ID="st10-115"/><SP/><String HEIGHT="22" CONTENT="member" WIDTH="89" HPOS="322" VPOS="813" ID="st10-116"/><SP/><String HEIGHT="22" CONTENT="organisations" WIDTH="138" HPOS="420" VPOS="813" ID="st10-117"/><String HEIGHT="22" CONTENT=":" WIDTH="11" HPOS="558" VPOS="813" ID="st10-118"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="577" VPOS="813" ID="st10-119"/><SP/><String HEIGHT="22" CONTENT="so" WIDTH="20" HPOS="621" VPOS="813" ID="st10-120"/><String HEIGHT="22" CONTENT="-" WIDTH="11" HPOS="641" VPOS="813" ID="st10-121"/><String HEIGHT="22" CONTENT="called" WIDTH="62" HPOS="652" VPOS="813" ID="st10-122"/><String HEIGHT="22" CONTENT="»" WIDTH="14" HPOS="723" VPOS="813" ID="st10-123"/><String HEIGHT="22" CONTENT="wage" WIDTH="58" HPOS="737" VPOS="813" ID="st10-124"/></TextLine><TextLine HPOS="196" VPOS="849" ID="tl10-14" WIDTH="203" HEIGHT="23"><String HEIGHT="23" CONTENT="coordination" WIDTH="135" HPOS="196" VPOS="849" ID="st10-125"/><SP/><String HEIGHT="23" CONTENT="rule" WIDTH="40" HPOS="338" VPOS="849" ID="st10-126"/><String HEIGHT="23" CONTENT="«" WIDTH="10" HPOS="378" VPOS="849" ID="st10-127"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="388" VPOS="849" ID="st10-128"/></TextLine><TextLine HPOS="196" VPOS="921" ID="tl10-15" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Both" WIDTH="50" HPOS="196" VPOS="921" ID="st10-129"/><SP/><String HEIGHT="23" CONTENT="consumption" WIDTH="139" HPOS="255" VPOS="921" ID="st10-130"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="403" VPOS="921" ID="st10-131"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="59" HPOS="451" VPOS="921" ID="st10-132"/><SP/><String HEIGHT="23" CONTENT="standards" WIDTH="103" HPOS="518" VPOS="921" ID="st10-133"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="629" VPOS="921" ID="st10-134"/><SP/><String HEIGHT="23" CONTENT="declining" WIDTH="96" HPOS="671" VPOS="921" ID="st10-135"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="775" VPOS="921" ID="st10-136"/></TextLine><TextLine HPOS="196" VPOS="957" ID="tl10-16" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Europe" WIDTH="70" HPOS="196" VPOS="957" ID="st10-137"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="266" VPOS="957" ID="st10-138"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="287" VPOS="957" ID="st10-139"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="315" VPOS="957" ID="st10-140"/><SP/><String HEIGHT="23" CONTENT="wake" WIDTH="57" HPOS="359" VPOS="957" ID="st10-141"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="425" VPOS="957" ID="st10-142"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="456" VPOS="957" ID="st10-143"/><SP/><String HEIGHT="23" CONTENT="current" WIDTH="76" HPOS="500" VPOS="957" ID="st10-144"/><SP/><String HEIGHT="23" CONTENT="crisis" WIDTH="50" HPOS="585" VPOS="957" ID="st10-145"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="643" VPOS="957" ID="st10-146"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="693" VPOS="957" ID="st10-147"/><SP/><String HEIGHT="23" CONTENT="pursuit" WIDTH="74" HPOS="721" VPOS="957" ID="st10-148"/></TextLine><TextLine HPOS="196" VPOS="993" ID="tl10-17" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="196" VPOS="993" ID="st10-149"/><SP/><String HEIGHT="23" CONTENT="coping" WIDTH="73" HPOS="229" VPOS="993" ID="st10-150"/><SP/><String HEIGHT="23" CONTENT="strategies" WIDTH="102" HPOS="312" VPOS="993" ID="st10-151"/><SP/><String HEIGHT="23" CONTENT="means" WIDTH="69" HPOS="425" VPOS="993" ID="st10-152"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="505" VPOS="993" ID="st10-153"/><SP/><String HEIGHT="23" CONTENT="being" WIDTH="59" HPOS="549" VPOS="993" ID="st10-154"/><SP/><String HEIGHT="23" CONTENT="sought" WIDTH="74" HPOS="619" VPOS="993" ID="st10-155"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="704" VPOS="993" ID="st10-156"/><SP/><String HEIGHT="23" CONTENT="elimi" WIDTH="49" HPOS="737" VPOS="993" ID="st10-157" SUBS_TYPE="HypPart1" SUBS_CONTENT="eliminate"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="993" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1029" ID="tl10-18" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="nate" WIDTH="48" HPOS="196" VPOS="1029" ID="st10-158" SUBS_TYPE="HypPart2" SUBS_CONTENT="eliminate"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="170" HPOS="257" VPOS="1029" ID="st10-159"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="119" HPOS="440" VPOS="1029" ID="st10-160"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="572" VPOS="1029" ID="st10-161"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="604" VPOS="1029" ID="st10-162"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="96" HPOS="652" VPOS="1029" ID="st10-163"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="748" VPOS="1029" ID="st10-164"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="773" VPOS="1029" ID="st10-165"/></TextLine><TextLine HPOS="196" VPOS="1065" ID="tl10-19" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="well" WIDTH="43" HPOS="196" VPOS="1065" ID="st10-166"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="246" VPOS="1065" ID="st10-167"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="276" VPOS="1065" ID="st10-168"/><SP/><String HEIGHT="23" CONTENT="solutions" WIDTH="90" HPOS="340" VPOS="1065" ID="st10-169"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="430" VPOS="1065" ID="st10-170"/><SP/><String HEIGHT="23" CONTENT="Toralf" WIDTH="59" HPOS="448" VPOS="1065" ID="st10-171"/><SP/><String HEIGHT="23" CONTENT="Pusch" WIDTH="61" HPOS="514" VPOS="1065" ID="st10-172"/><SP/><String HEIGHT="23" CONTENT="takes" WIDTH="55" HPOS="582" VPOS="1065" ID="st10-173"/><SP/><String HEIGHT="23" CONTENT="up" WIDTH="27" HPOS="645" VPOS="1065" ID="st10-174"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="679" VPOS="1065" ID="st10-175"/><SP/><String HEIGHT="23" CONTENT="debate" WIDTH="74" HPOS="721" VPOS="1065" ID="st10-176"/></TextLine><TextLine HPOS="196" VPOS="1101" ID="tl10-20" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="196" VPOS="1101" ID="st10-177"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="231" VPOS="1101" ID="st10-178"/><SP/><String HEIGHT="23" CONTENT="governance" WIDTH="119" HPOS="342" VPOS="1101" ID="st10-179"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="461" VPOS="1101" ID="st10-180"/><SP/><String HEIGHT="23" CONTENT="based" WIDTH="62" HPOS="480" VPOS="1101" ID="st10-181"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="27" HPOS="550" VPOS="1101" ID="st10-182"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="585" VPOS="1101" ID="st10-183"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="627" VPOS="1101" ID="st10-184"/><SP/><String HEIGHT="23" CONTENT="Com" WIDTH="45" HPOS="735" VPOS="1101" ID="st10-185" SUBS_TYPE="HypPart1" SUBS_CONTENT="Commission"/><HYP CONTENT="-" WIDTH="15" HPOS="780" VPOS="1101" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1138" ID="tl10-21" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="mission" WIDTH="72" HPOS="196" VPOS="1138" ID="st10-186" SUBS_TYPE="HypPart2" SUBS_CONTENT="Commission"/><String HEIGHT="22" CONTENT="’" WIDTH="10" HPOS="268" VPOS="1138" ID="st10-187"/><String HEIGHT="22" CONTENT="s" WIDTH="11" HPOS="278" VPOS="1138" ID="st10-188"/><SP/><String HEIGHT="22" CONTENT="annual" WIDTH="72" HPOS="299" VPOS="1138" ID="st10-189"/><SP/><String HEIGHT="22" CONTENT="reports" WIDTH="75" HPOS="380" VPOS="1138" ID="st10-190"/><SP/><String HEIGHT="22" CONTENT="on" WIDTH="27" HPOS="464" VPOS="1138" ID="st10-191"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="501" VPOS="1138" ID="st10-192"/><SP/><String HEIGHT="22" CONTENT="European" WIDTH="100" HPOS="545" VPOS="1138" ID="st10-193"/><SP/><String HEIGHT="22" CONTENT="economy" WIDTH="89" HPOS="655" VPOS="1138" ID="st10-194"/><String HEIGHT="22" CONTENT="." WIDTH="13" HPOS="744" VPOS="1138" ID="st10-195"/><SP/><String HEIGHT="22" CONTENT="He" WIDTH="29" HPOS="766" VPOS="1138" ID="st10-196"/></TextLine><TextLine HPOS="196" VPOS="1174" ID="tl10-22" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="looks" WIDTH="56" HPOS="196" VPOS="1174" ID="st10-197"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="261" VPOS="1174" ID="st10-198"/><SP/><String HEIGHT="23" CONTENT="one" WIDTH="40" HPOS="292" VPOS="1174" ID="st10-199"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="341" VPOS="1174" ID="st10-200"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="373" VPOS="1174" ID="st10-201"/><SP/><String HEIGHT="23" CONTENT="core" WIDTH="46" HPOS="417" VPOS="1174" ID="st10-202"/><SP/><String HEIGHT="23" CONTENT="elements" WIDTH="96" HPOS="472" VPOS="1174" ID="st10-203"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="578" VPOS="1174" ID="st10-204"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="609" VPOS="1174" ID="st10-205"/><SP/><String HEIGHT="23" CONTENT="planned" WIDTH="87" HPOS="653" VPOS="1174" ID="st10-206"/><SP/><String HEIGHT="23" CONTENT="eco" WIDTH="35" HPOS="749" VPOS="1174" ID="st10-207" SUBS_TYPE="HypPart1" SUBS_CONTENT="economic"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1174" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1210" ID="tl10-23" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="nomic" WIDTH="66" HPOS="196" VPOS="1210" ID="st10-208" SUBS_TYPE="HypPart2" SUBS_CONTENT="economic"/><SP/><String HEIGHT="23" CONTENT="governance" WIDTH="119" HPOS="269" VPOS="1210" ID="st10-209"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="388" VPOS="1210" ID="st10-210"/><SP/><String HEIGHT="23" CONTENT="rightly" WIDTH="67" HPOS="407" VPOS="1210" ID="st10-211"/><SP/><String HEIGHT="23" CONTENT="concentrating" WIDTH="148" HPOS="481" VPOS="1210" ID="st10-212"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="636" VPOS="1210" ID="st10-213"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="671" VPOS="1210" ID="st10-214"/><SP/><String HEIGHT="23" CONTENT="propos" WIDTH="71" HPOS="713" VPOS="1210" ID="st10-215" SUBS_TYPE="HypPart1" SUBS_CONTENT="proposals"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1210" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1246" ID="tl10-24" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="als" WIDTH="28" HPOS="196" VPOS="1246" ID="st10-216" SUBS_TYPE="HypPart2" SUBS_CONTENT="proposals"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="235" VPOS="1246" ID="st10-217"/><String HEIGHT="23" CONTENT="»" WIDTH="11" HPOS="277" VPOS="1246" ID="st10-218"/><String HEIGHT="23" CONTENT="asymmetrical" WIDTH="143" HPOS="288" VPOS="1246" ID="st10-219"/><SP/><String HEIGHT="23" CONTENT="adjustment" WIDTH="117" HPOS="442" VPOS="1246" ID="st10-220"/><String HEIGHT="23" CONTENT="«" WIDTH="12" HPOS="559" VPOS="1246" ID="st10-221"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="571" VPOS="1246" ID="st10-222"/><SP/><String HEIGHT="23" CONTENT="more" WIDTH="55" HPOS="594" VPOS="1246" ID="st10-223"/><SP/><String HEIGHT="23" CONTENT="precisely" WIDTH="85" HPOS="660" VPOS="1246" ID="st10-224"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="745" VPOS="1246" ID="st10-225"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="27" HPOS="767" VPOS="1246" ID="st10-226"/></TextLine><TextLine HPOS="196" VPOS="1282" ID="tl10-25" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="one" WIDTH="41" HPOS="196" VPOS="1282" ID="st10-227"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="244" VPOS="1282" ID="st10-228"/><SP/><String HEIGHT="23" CONTENT="their" WIDTH="49" HPOS="273" VPOS="1282" ID="st10-229"/><SP/><String HEIGHT="23" CONTENT="key" WIDTH="36" HPOS="329" VPOS="1282" ID="st10-230"/><SP/><String HEIGHT="23" CONTENT="elements" WIDTH="91" HPOS="372" VPOS="1282" ID="st10-231"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="463" VPOS="1282" ID="st10-232"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="482" VPOS="1282" ID="st10-233"/><SP/><String HEIGHT="23" CONTENT="demand" WIDTH="87" HPOS="524" VPOS="1282" ID="st10-234"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="618" VPOS="1282" ID="st10-235"/><SP/><String HEIGHT="23" CONTENT="asymmetrical" WIDTH="139" HPOS="656" VPOS="1282" ID="st10-236"/></TextLine><TextLine HPOS="196" VPOS="1318" ID="tl10-26" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="196" VPOS="1318" ID="st10-237"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="130" HPOS="262" VPOS="1318" ID="st10-238"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="392" VPOS="1318" ID="st10-239"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="410" VPOS="1318" ID="st10-240"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="437" VPOS="1318" ID="st10-241"/><SP/><String HEIGHT="23" CONTENT="attempt" WIDTH="84" HPOS="471" VPOS="1318" ID="st10-242"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="562" VPOS="1318" ID="st10-243"/><SP/><String HEIGHT="23" CONTENT="identify" WIDTH="79" HPOS="592" VPOS="1318" ID="st10-244"/><SP/><String HEIGHT="23" CONTENT="institutions" WIDTH="117" HPOS="678" VPOS="1318" ID="st10-245"/></TextLine><TextLine HPOS="196" VPOS="1354" ID="tl10-27" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="or" WIDTH="23" HPOS="196" VPOS="1354" ID="st10-246"/><SP/><String HEIGHT="23" CONTENT="mechanisms" WIDTH="130" HPOS="227" VPOS="1354" ID="st10-247"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="365" VPOS="1354" ID="st10-248"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="58" HPOS="437" VPOS="1354" ID="st10-249"/><SP/><String HEIGHT="23" CONTENT="provide" WIDTH="79" HPOS="503" VPOS="1354" ID="st10-250"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="36" HPOS="590" VPOS="1354" ID="st10-251"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="626" VPOS="1354" ID="st10-252"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="22" HPOS="643" VPOS="1354" ID="st10-253"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="673" VPOS="1354" ID="st10-254"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="745" VPOS="1354" ID="st10-255"/></TextLine><TextLine HPOS="196" VPOS="1390" ID="tl10-28" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="provided" WIDTH="93" HPOS="196" VPOS="1390" ID="st10-256"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="297" VPOS="1390" ID="st10-257"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="318" VPOS="1390" ID="st10-258"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="346" VPOS="1390" ID="st10-259"/><SP/><String HEIGHT="23" CONTENT="past" WIDTH="40" HPOS="388" VPOS="1390" ID="st10-260"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="428" VPOS="1390" ID="st10-261"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="447" VPOS="1390" ID="st10-262"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="495" VPOS="1390" ID="st10-263"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="545" VPOS="1390" ID="st10-264"/><SP/><String HEIGHT="23" CONTENT="pursuit" WIDTH="73" HPOS="572" VPOS="1390" ID="st10-265"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="653" VPOS="1390" ID="st10-266"/><SP/><String HEIGHT="23" CONTENT="alternative" WIDTH="112" HPOS="683" VPOS="1390" ID="st10-267"/></TextLine><TextLine HPOS="196" VPOS="1426" ID="tl10-29" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="development" WIDTH="139" HPOS="196" VPOS="1426" ID="st10-268"/><SP/><String HEIGHT="23" CONTENT="paths" WIDTH="58" HPOS="342" VPOS="1426" ID="st10-269"/><SP/><String HEIGHT="23" CONTENT="he" WIDTH="27" HPOS="406" VPOS="1426" ID="st10-270"/><SP/><String HEIGHT="23" CONTENT="focuses" WIDTH="79" HPOS="439" VPOS="1426" ID="st10-271"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="525" VPOS="1426" ID="st10-272"/><SP/><String HEIGHT="23" CONTENT="cross" WIDTH="54" HPOS="559" VPOS="1426" ID="st10-273"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="613" VPOS="1426" ID="st10-274"/><String HEIGHT="23" CONTENT="border" WIDTH="66" HPOS="624" VPOS="1426" ID="st10-275"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="697" VPOS="1426" ID="st10-276"/><SP/><String HEIGHT="23" CONTENT="co" WIDTH="23" HPOS="761" VPOS="1426" ID="st10-277" SUBS_TYPE="HypPart1" SUBS_CONTENT="coordination"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1426" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1463" ID="tl10-30" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="ordination" WIDTH="110" HPOS="196" VPOS="1463" ID="st10-278" SUBS_TYPE="HypPart2" SUBS_CONTENT="coordination"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="314" VPOS="1463" ID="st10-279"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="341" VPOS="1463" ID="st10-280"/><SP/><String HEIGHT="22" CONTENT="metal" WIDTH="59" HPOS="384" VPOS="1463" ID="st10-281"/><SP/><String HEIGHT="22" CONTENT="sector" WIDTH="64" HPOS="451" VPOS="1463" ID="st10-282"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="523" VPOS="1463" ID="st10-283"/><SP/><String HEIGHT="22" CONTENT="Germany" WIDTH="88" HPOS="551" VPOS="1463" ID="st10-284"/><String HEIGHT="22" CONTENT="," WIDTH="13" HPOS="639" VPOS="1463" ID="st10-285"/><SP/><String HEIGHT="22" CONTENT="Belgium" WIDTH="86" HPOS="660" VPOS="1463" ID="st10-286"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="41" HPOS="754" VPOS="1463" ID="st10-287"/></TextLine><TextLine HPOS="196" VPOS="1499" ID="tl10-31" WIDTH="177" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="1499" ID="st10-288"/><SP/><String HEIGHT="23" CONTENT="Netherlands" WIDTH="123" HPOS="238" VPOS="1499" ID="st10-289"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="361" VPOS="1499" ID="st10-290"/></TextLine><TextLine HPOS="196" VPOS="1571" ID="tl10-32" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="However" WIDTH="86" HPOS="196" VPOS="1571" ID="st10-291"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="282" VPOS="1571" ID="st10-292"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="305" VPOS="1571" ID="st10-293"/><SP/><String HEIGHT="23" CONTENT="number" WIDTH="84" HPOS="327" VPOS="1571" ID="st10-294"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="420" VPOS="1571" ID="st10-295"/><SP/><String HEIGHT="23" CONTENT="things" WIDTH="65" HPOS="452" VPOS="1571" ID="st10-296"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="527" VPOS="1571" ID="st10-297"/><SP/><String HEIGHT="23" CONTENT="overlooked" WIDTH="119" HPOS="569" VPOS="1571" ID="st10-298"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="18" HPOS="697" VPOS="1571" ID="st10-299"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="715" VPOS="1571" ID="st10-300"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="734" VPOS="1571" ID="st10-301"/><SP/><String HEIGHT="23" CONTENT="my" WIDTH="32" HPOS="763" VPOS="1571" ID="st10-302"/></TextLine><TextLine HPOS="196" VPOS="1607" ID="tl10-33" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="view" WIDTH="44" HPOS="196" VPOS="1607" ID="st10-303"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="240" VPOS="1607" ID="st10-304"/><SP/><String HEIGHT="23" CONTENT="interpreted" WIDTH="117" HPOS="258" VPOS="1607" ID="st10-305"/><SP/><String HEIGHT="23" CONTENT="incorrectly" WIDTH="104" HPOS="382" VPOS="1607" ID="st10-306"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="486" VPOS="1607" ID="st10-307"/><SP/><String HEIGHT="23" CONTENT="Collective" WIDTH="103" HPOS="503" VPOS="1607" ID="st10-308"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="613" VPOS="1607" ID="st10-309"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="734" VPOS="1607" ID="st10-310"/></TextLine><TextLine HPOS="196" VPOS="1643" ID="tl10-34" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="coordination" WIDTH="135" HPOS="196" VPOS="1643" ID="st10-311"/><SP/><String HEIGHT="23" CONTENT="networks" WIDTH="99" HPOS="339" VPOS="1643" ID="st10-312"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="446" VPOS="1643" ID="st10-313"/><SP/><String HEIGHT="23" CONTENT="exist" WIDTH="47" HPOS="496" VPOS="1643" ID="st10-314"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="552" VPOS="1643" ID="st10-315"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="579" VPOS="1643" ID="st10-316"/><SP/><String HEIGHT="23" CONTENT="metal" WIDTH="59" HPOS="623" VPOS="1643" ID="st10-317"/><SP/><String HEIGHT="23" CONTENT="sectors" WIDTH="73" HPOS="691" VPOS="1643" ID="st10-318"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="773" VPOS="1643" ID="st10-319"/></TextLine><TextLine HPOS="196" VPOS="1679" ID="tl10-35" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="196" VPOS="1679" ID="st10-320"/><SP/><String HEIGHT="23" CONTENT="regions" WIDTH="77" HPOS="259" VPOS="1679" ID="st10-321"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="342" VPOS="1679" ID="st10-322"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="370" VPOS="1679" ID="st10-323"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="410" VPOS="1679" ID="st10-324"/><SP/><String HEIGHT="23" CONTENT="Union" WIDTH="59" HPOS="516" VPOS="1679" ID="st10-325"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="575" VPOS="1679" ID="st10-326"/><SP/><String HEIGHT="23" CONTENT="There" WIDTH="59" HPOS="593" VPOS="1679" ID="st10-327"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="658" VPOS="1679" ID="st10-328"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="696" VPOS="1679" ID="st10-329"/><SP/><String HEIGHT="23" CONTENT="insti" WIDTH="44" HPOS="743" VPOS="1679" ID="st10-330" SUBS_TYPE="HypPart1" SUBS_CONTENT="institutionalised"/><HYP CONTENT="-" WIDTH="8" HPOS="787" VPOS="1679" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1715" ID="tl10-36" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tutionalised" WIDTH="124" HPOS="196" VPOS="1715" ID="st10-331" SUBS_TYPE="HypPart2" SUBS_CONTENT="institutionalised"/><SP/><String HEIGHT="23" CONTENT="supra" WIDTH="54" HPOS="326" VPOS="1715" ID="st10-332"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="380" VPOS="1715" ID="st10-333"/><String HEIGHT="23" CONTENT="regional" WIDTH="88" HPOS="391" VPOS="1715" ID="st10-334"/><SP/><String HEIGHT="23" CONTENT="networks" WIDTH="99" HPOS="485" VPOS="1715" ID="st10-335"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="590" VPOS="1715" ID="st10-336"/><SP/><String HEIGHT="23" CONTENT="common" WIDTH="95" HPOS="637" VPOS="1715" ID="st10-337"/><SP/><String HEIGHT="23" CONTENT="Euro" WIDTH="46" HPOS="738" VPOS="1715" ID="st10-338" SUBS_TYPE="HypPart1" SUBS_CONTENT="European"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1715" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1751" ID="tl10-37" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="pean" WIDTH="53" HPOS="196" VPOS="1751" ID="st10-339" SUBS_TYPE="HypPart2" SUBS_CONTENT="European"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="98" HPOS="257" VPOS="1751" ID="st10-340"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="363" VPOS="1751" ID="st10-341"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="485" VPOS="1751" ID="st10-342"/><SP/><String HEIGHT="23" CONTENT="demands" WIDTH="91" HPOS="554" VPOS="1751" ID="st10-343"/><String HEIGHT="23" CONTENT="." WIDTH="14" HPOS="645" VPOS="1751" ID="st10-344"/><SP/><String HEIGHT="23" CONTENT="Conclusions" WIDTH="128" HPOS="667" VPOS="1751" ID="st10-345"/></TextLine><TextLine HPOS="196" VPOS="1788" ID="tl10-38" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="based" WIDTH="63" HPOS="196" VPOS="1788" ID="st10-346"/><SP/><String HEIGHT="22" CONTENT="solely" WIDTH="58" HPOS="264" VPOS="1788" ID="st10-347"/><SP/><String HEIGHT="22" CONTENT="on" WIDTH="28" HPOS="327" VPOS="1788" ID="st10-348"/><SP/><String HEIGHT="22" CONTENT="examination" WIDTH="130" HPOS="360" VPOS="1788" ID="st10-349"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="22" HPOS="496" VPOS="1788" ID="st10-350"/><SP/><String HEIGHT="22" CONTENT="one" WIDTH="40" HPOS="523" VPOS="1788" ID="st10-351"/><SP/><String HEIGHT="22" CONTENT="network" WIDTH="88" HPOS="569" VPOS="1788" ID="st10-352"/><SP/><String HEIGHT="22" CONTENT="can" WIDTH="37" HPOS="663" VPOS="1788" ID="st10-353"/><SP/><String HEIGHT="22" CONTENT="easily" WIDTH="57" HPOS="705" VPOS="1788" ID="st10-354"/><SP/><String HEIGHT="22" CONTENT="go" WIDTH="28" HPOS="767" VPOS="1788" ID="st10-355"/></TextLine><TextLine HPOS="196" VPOS="1824" ID="tl10-39" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="astray" WIDTH="63" HPOS="196" VPOS="1824" ID="st10-356"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="266" VPOS="1824" ID="st10-357"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="314" VPOS="1824" ID="st10-358"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="354" VPOS="1824" ID="st10-359"/><SP/><String HEIGHT="23" CONTENT="enough" WIDTH="82" HPOS="397" VPOS="1824" ID="st10-360"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="486" VPOS="1824" ID="st10-361"/><SP/><String HEIGHT="23" CONTENT="serve" WIDTH="54" HPOS="516" VPOS="1824" ID="st10-362"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="577" VPOS="1824" ID="st10-363"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="607" VPOS="1824" ID="st10-364"/><SP/><String HEIGHT="23" CONTENT="empirical" WIDTH="96" HPOS="640" VPOS="1824" ID="st10-365"/><SP/><String HEIGHT="23" CONTENT="basis" WIDTH="52" HPOS="743" VPOS="1824" ID="st10-366"/></TextLine><TextLine HPOS="196" VPOS="1860" ID="tl10-40" WIDTH="228" HEIGHT="23"><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="196" VPOS="1860" ID="st10-367"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="234" VPOS="1860" ID="st10-368"/><SP/><String HEIGHT="23" CONTENT="clear" WIDTH="50" HPOS="253" VPOS="1860" ID="st10-369"/><SP/><String HEIGHT="23" CONTENT="statement" WIDTH="102" HPOS="310" VPOS="1860" ID="st10-370"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="412" VPOS="1860" ID="st10-371"/></TextLine><TextLine HPOS="196" VPOS="1932" ID="tl10-41" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="196" VPOS="1932" ID="st10-372"/><SP/><String HEIGHT="23" CONTENT="author" WIDTH="71" HPOS="245" VPOS="1932" ID="st10-373"/><SP/><String HEIGHT="23" CONTENT="sees" WIDTH="45" HPOS="326" VPOS="1932" ID="st10-374"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="381" VPOS="1932" ID="st10-375"/><SP/><String HEIGHT="23" CONTENT="urgent" WIDTH="71" HPOS="417" VPOS="1932" ID="st10-376"/><SP/><String HEIGHT="23" CONTENT="need" WIDTH="53" HPOS="498" VPOS="1932" ID="st10-377"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="561" VPOS="1932" ID="st10-378"/><SP/><String HEIGHT="23" CONTENT="abandon" WIDTH="95" HPOS="593" VPOS="1932" ID="st10-379"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="698" VPOS="1932" ID="st10-380"/><SP/><String HEIGHT="23" CONTENT="re" WIDTH="20" HPOS="766" VPOS="1932" ID="st10-381" SUBS_TYPE="HypPart1" SUBS_CONTENT="restraint"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1932" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1968" ID="tl10-42" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="straint" WIDTH="67" HPOS="196" VPOS="1968" ID="st10-382" SUBS_TYPE="HypPart2" SUBS_CONTENT="restraint"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="270" VPOS="1968" ID="st10-383"/><SP/><String HEIGHT="23" CONTENT="some" WIDTH="57" HPOS="297" VPOS="1968" ID="st10-384"/><SP/><String HEIGHT="23" CONTENT="branches" WIDTH="95" HPOS="362" VPOS="1968" ID="st10-385"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="465" VPOS="1968" ID="st10-386"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="492" VPOS="1968" ID="st10-387"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="13" HPOS="596" VPOS="1968" ID="st10-388"/><SP/><String HEIGHT="23" CONTENT="especially" WIDTH="100" HPOS="616" VPOS="1968" ID="st10-389"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="723" VPOS="1968" ID="st10-390"/><SP/><String HEIGHT="23" CONTENT="seg" WIDTH="34" HPOS="750" VPOS="1968" ID="st10-391" SUBS_TYPE="HypPart1" SUBS_CONTENT="segments"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1968" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="2004" ID="tl10-43" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ments" WIDTH="66" HPOS="196" VPOS="2004" ID="st10-392" SUBS_TYPE="HypPart2" SUBS_CONTENT="segments"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="268" VPOS="2004" ID="st10-393"/><SP/><String HEIGHT="23" CONTENT="certain" WIDTH="72" HPOS="296" VPOS="2004" ID="st10-394"/><SP/><String HEIGHT="23" CONTENT="services" WIDTH="80" HPOS="375" VPOS="2004" ID="st10-395"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="461" VPOS="2004" ID="st10-396"/><SP/><String HEIGHT="23" CONTENT="covered" WIDTH="82" HPOS="504" VPOS="2004" ID="st10-397"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="593" VPOS="2004" ID="st10-398"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="624" VPOS="2004" ID="st10-399"/><SP/><String HEIGHT="23" CONTENT="agree" WIDTH="57" HPOS="727" VPOS="2004" ID="st10-400" SUBS_TYPE="HypPart1" SUBS_CONTENT="agreements"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="2004" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="2040" ID="tl10-44" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ments" WIDTH="66" HPOS="196" VPOS="2040" ID="st10-401" SUBS_TYPE="HypPart2" SUBS_CONTENT="agreements"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="13" HPOS="272" VPOS="2040" ID="st10-402"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="295" VPOS="2040" ID="st10-403"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="56" HPOS="326" VPOS="2040" ID="st10-404"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="393" VPOS="2040" ID="st10-405"/><SP/><String HEIGHT="23" CONTENT="combat" WIDTH="80" HPOS="426" VPOS="2040" ID="st10-406"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="517" VPOS="2040" ID="st10-407"/><SP/><String HEIGHT="23" CONTENT="problems" WIDTH="98" HPOS="697" VPOS="2040" ID="st10-408"/></TextLine><TextLine HPOS="858" VPOS="488" ID="tl10-45" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="858" VPOS="488" ID="st10-409"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="885" VPOS="488" ID="st10-410"/><SP/><String HEIGHT="22" CONTENT="Eurozone" WIDTH="95" HPOS="927" VPOS="488" ID="st10-411"/><String HEIGHT="22" CONTENT="." WIDTH="12" HPOS="1022" VPOS="488" ID="st10-412"/><SP/><String HEIGHT="22" CONTENT="He" WIDTH="29" HPOS="1041" VPOS="488" ID="st10-413"/><SP/><String HEIGHT="22" CONTENT="also" WIDTH="42" HPOS="1078" VPOS="488" ID="st10-414"/><SP/><String HEIGHT="22" CONTENT="advocates" WIDTH="106" HPOS="1127" VPOS="488" ID="st10-415"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1240" VPOS="488" ID="st10-416"/><SP/><String HEIGHT="22" CONTENT="expansion" WIDTH="107" HPOS="1283" VPOS="488" ID="st10-417"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="22" HPOS="1397" VPOS="488" ID="st10-418"/><SP/><String HEIGHT="22" CONTENT="ef" WIDTH="20" HPOS="1427" VPOS="488" ID="st10-419" SUBS_TYPE="HypPart1" SUBS_CONTENT="efforts"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="488" HEIGHT="22"/></TextLine><TextLine HPOS="858" VPOS="524" ID="tl10-46" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="forts" WIDTH="48" HPOS="858" VPOS="524" ID="st10-420" SUBS_TYPE="HypPart2" SUBS_CONTENT="efforts"/><SP/><String HEIGHT="23" CONTENT="towards" WIDTH="86" HPOS="912" VPOS="524" ID="st10-421"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="1003" VPOS="524" ID="st10-422"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="135" HPOS="1067" VPOS="524" ID="st10-423"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="1207" VPOS="524" ID="st10-424"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="1235" VPOS="524" ID="st10-425"/><SP/><String HEIGHT="23" CONTENT="branches" WIDTH="91" HPOS="1298" VPOS="524" ID="st10-426"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1389" VPOS="524" ID="st10-427"/><SP/><String HEIGHT="23" CONTENT="Both" WIDTH="50" HPOS="1406" VPOS="524" ID="st10-428"/></TextLine><TextLine HPOS="858" VPOS="560" ID="tl10-47" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="these" WIDTH="57" HPOS="858" VPOS="560" ID="st10-429"/><SP/><String HEIGHT="23" CONTENT="things" WIDTH="65" HPOS="924" VPOS="560" ID="st10-430"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="999" VPOS="560" ID="st10-431"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1041" VPOS="560" ID="st10-432"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="1073" VPOS="560" ID="st10-433"/><SP/><String HEIGHT="23" CONTENT="welcomed" WIDTH="103" HPOS="1109" VPOS="560" ID="st10-434"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1212" VPOS="560" ID="st10-435"/><SP/><String HEIGHT="23" CONTENT="Attempting" WIDTH="122" HPOS="1235" VPOS="560" ID="st10-436"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1366" VPOS="560" ID="st10-437"/><SP/><String HEIGHT="23" CONTENT="elimi" WIDTH="49" HPOS="1398" VPOS="560" ID="st10-438" SUBS_TYPE="HypPart1" SUBS_CONTENT="eliminate"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="560" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="596" ID="tl10-48" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="nate" WIDTH="47" HPOS="858" VPOS="596" ID="st10-439" SUBS_TYPE="HypPart2" SUBS_CONTENT="eliminate"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="913" VPOS="596" ID="st10-440"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="118" HPOS="1090" VPOS="596" ID="st10-441"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1215" VPOS="596" ID="st10-442"/><SP/><String HEIGHT="23" CONTENT="means" WIDTH="70" HPOS="1248" VPOS="596" ID="st10-443"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1325" VPOS="596" ID="st10-444"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="1355" VPOS="596" ID="st10-445"/><SP/><String HEIGHT="23" CONTENT="de" WIDTH="24" HPOS="1421" VPOS="596" ID="st10-446" SUBS_TYPE="HypPart1" SUBS_CONTENT="determination"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="596" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="632" ID="tl10-49" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="termination" WIDTH="123" HPOS="858" VPOS="632" ID="st10-447" SUBS_TYPE="HypPart2" SUBS_CONTENT="determination"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="990" VPOS="632" ID="st10-448"/><SP/><String HEIGHT="23" CONTENT="its" WIDTH="24" HPOS="1040" VPOS="632" ID="st10-449"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="1073" VPOS="632" ID="st10-450"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="1183" VPOS="632" ID="st10-451"/><SP/><String HEIGHT="23" CONTENT="alone" WIDTH="54" HPOS="1326" VPOS="632" ID="st10-452"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1380" VPOS="632" ID="st10-453"/><SP/><String HEIGHT="23" CONTENT="how" WIDTH="42" HPOS="1401" VPOS="632" ID="st10-454" SUBS_TYPE="HypPart1" SUBS_CONTENT="however"/><HYP CONTENT="-" WIDTH="13" HPOS="1443" VPOS="632" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="668" ID="tl10-50" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ever" WIDTH="39" HPOS="858" VPOS="668" ID="st10-455" SUBS_TYPE="HypPart2" SUBS_CONTENT="however"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="897" VPOS="668" ID="st10-456"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="16" HPOS="912" VPOS="668" ID="st10-457"/><SP/><String HEIGHT="23" CONTENT="doomed" WIDTH="89" HPOS="933" VPOS="668" ID="st10-458"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1028" VPOS="668" ID="st10-459"/><SP/><String HEIGHT="23" CONTENT="failure" WIDTH="63" HPOS="1056" VPOS="668" ID="st10-460"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="1119" VPOS="668" ID="st10-461"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1134" VPOS="668" ID="st10-462"/><SP/><String HEIGHT="23" CONTENT="conclusion" WIDTH="112" HPOS="1179" VPOS="668" ID="st10-463"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="1297" VPOS="668" ID="st10-464"/><SP/><String HEIGHT="23" CONTENT="remunera" WIDTH="99" HPOS="1345" VPOS="668" ID="st10-465" SUBS_TYPE="HypPart1" SUBS_CONTENT="remuneration"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="668" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="704" ID="tl10-51" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tion" WIDTH="41" HPOS="858" VPOS="704" ID="st10-466" SUBS_TYPE="HypPart2" SUBS_CONTENT="remuneration"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="907" VPOS="704" ID="st10-467"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="930" VPOS="704" ID="st10-468"/><SP/><String HEIGHT="23" CONTENT="sole" WIDTH="42" HPOS="972" VPOS="704" ID="st10-469"/><SP/><String HEIGHT="23" CONTENT="remaining" WIDTH="106" HPOS="1022" VPOS="704" ID="st10-470"/><SP/><String HEIGHT="23" CONTENT="adjustment" WIDTH="119" HPOS="1136" VPOS="704" ID="st10-471"/><SP/><String HEIGHT="23" CONTENT="option" WIDTH="69" HPOS="1263" VPOS="704" ID="st10-472"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="1340" VPOS="704" ID="st10-473"/><SP/><String HEIGHT="23" CONTENT="dealing" WIDTH="78" HPOS="1378" VPOS="704" ID="st10-474"/></TextLine><TextLine HPOS="858" VPOS="740" ID="tl10-52" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="858" VPOS="740" ID="st10-475"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="914" VPOS="740" ID="st10-476"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="118" HPOS="1092" VPOS="740" ID="st10-477"/><SP/><String HEIGHT="23" CONTENT="leads" WIDTH="54" HPOS="1219" VPOS="740" ID="st10-478"/><SP/><String HEIGHT="23" CONTENT="us" WIDTH="24" HPOS="1282" VPOS="740" ID="st10-479"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1315" VPOS="740" ID="st10-480"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1343" VPOS="740" ID="st10-481"/><SP/><String HEIGHT="23" CONTENT="wrong" WIDTH="69" HPOS="1387" VPOS="740" ID="st10-482"/></TextLine><TextLine HPOS="858" VPOS="776" ID="tl10-53" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="direction" WIDTH="89" HPOS="858" VPOS="776" ID="st10-483"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="947" VPOS="776" ID="st10-484"/><SP/><String HEIGHT="23" CONTENT="both" WIDTH="50" HPOS="967" VPOS="776" ID="st10-485"/><SP/><String HEIGHT="23" CONTENT="politically" WIDTH="98" HPOS="1027" VPOS="776" ID="st10-486"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1135" VPOS="776" ID="st10-487"/><SP/><String HEIGHT="23" CONTENT="macroeconomically" WIDTH="196" HPOS="1185" VPOS="776" ID="st10-488"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1381" VPOS="776" ID="st10-489"/><SP/><String HEIGHT="23" CONTENT="From" WIDTH="54" HPOS="1402" VPOS="776" ID="st10-490"/></TextLine><TextLine HPOS="858" VPOS="813" ID="tl10-54" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="858" VPOS="813" ID="st10-491"/><SP/><String HEIGHT="22" CONTENT="EMF" WIDTH="35" HPOS="901" VPOS="813" ID="st10-492"/><String HEIGHT="22" CONTENT="’" WIDTH="12" HPOS="936" VPOS="813" ID="st10-493"/><String HEIGHT="22" CONTENT="s" WIDTH="12" HPOS="948" VPOS="813" ID="st10-494"/><SP/><String HEIGHT="22" CONTENT="standpoint" WIDTH="110" HPOS="969" VPOS="813" ID="st10-495"/><String HEIGHT="22" CONTENT="," WIDTH="11" HPOS="1079" VPOS="813" ID="st10-496"/><SP/><String HEIGHT="22" CONTENT="if" WIDTH="14" HPOS="1098" VPOS="813" ID="st10-497"/><SP/><String HEIGHT="22" CONTENT="wage" WIDTH="58" HPOS="1120" VPOS="813" ID="st10-498"/><SP/><String HEIGHT="22" CONTENT="coordination" WIDTH="135" HPOS="1186" VPOS="813" ID="st10-499"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="1329" VPOS="813" ID="st10-500"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="1357" VPOS="813" ID="st10-501"/><SP/><String HEIGHT="22" CONTENT="Euro" WIDTH="45" HPOS="1400" VPOS="813" ID="st10-502" SUBS_TYPE="HypPart1" SUBS_CONTENT="Eurozone"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="813" HEIGHT="22"/></TextLine><TextLine HPOS="858" VPOS="849" ID="tl10-55" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="zone" WIDTH="51" HPOS="858" VPOS="849" ID="st10-503" SUBS_TYPE="HypPart2" SUBS_CONTENT="Eurozone"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="918" VPOS="849" ID="st10-504"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="942" VPOS="849" ID="st10-505"/><SP/><String HEIGHT="23" CONTENT="serve" WIDTH="54" HPOS="973" VPOS="849" ID="st10-506"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="1036" VPOS="849" ID="st10-507"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1067" VPOS="849" ID="st10-508"/><SP/><String HEIGHT="23" CONTENT="robust" WIDTH="68" HPOS="1088" VPOS="849" ID="st10-509"/><SP/><String HEIGHT="23" CONTENT="concept" WIDTH="85" HPOS="1164" VPOS="849" ID="st10-510"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="1258" VPOS="849" ID="st10-511"/><SP/><String HEIGHT="23" CONTENT="greater" WIDTH="76" HPOS="1297" VPOS="849" ID="st10-512"/><SP/><String HEIGHT="23" CONTENT="macro­" WIDTH="74" HPOS="1382" VPOS="849" ID="st10-513"/></TextLine><TextLine HPOS="858" VPOS="885" ID="tl10-56" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="858" VPOS="885" ID="st10-514"/><SP/><String HEIGHT="23" CONTENT="stability" WIDTH="81" HPOS="968" VPOS="885" ID="st10-515"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1056" VPOS="885" ID="st10-516"/><SP/><String HEIGHT="23" CONTENT="thereby" WIDTH="80" HPOS="1104" VPOS="885" ID="st10-517"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="1191" VPOS="885" ID="st10-518"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1221" VPOS="885" ID="st10-519"/><SP/><String HEIGHT="23" CONTENT="core" WIDTH="45" HPOS="1241" VPOS="885" ID="st10-520"/><SP/><String HEIGHT="23" CONTENT="principle" WIDTH="90" HPOS="1294" VPOS="885" ID="st10-521"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1392" VPOS="885" ID="st10-522"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1421" VPOS="885" ID="st10-523"/></TextLine><TextLine HPOS="858" VPOS="921" ID="tl10-57" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="planned" WIDTH="86" HPOS="858" VPOS="921" ID="st10-524"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="953" VPOS="921" ID="st10-525"/><SP/><String HEIGHT="23" CONTENT="governance" WIDTH="119" HPOS="1064" VPOS="921" ID="st10-526"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1183" VPOS="921" ID="st10-527"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1204" VPOS="921" ID="st10-528"/><SP/><String HEIGHT="23" CONTENT="following" WIDTH="100" HPOS="1248" VPOS="921" ID="st10-529"/><SP/><String HEIGHT="23" CONTENT="measures" WIDTH="99" HPOS="1357" VPOS="921" ID="st10-530"/></TextLine><TextLine HPOS="858" VPOS="957" ID="tl10-58" WIDTH="240" HEIGHT="23"><String HEIGHT="23" CONTENT="must" WIDTH="53" HPOS="858" VPOS="957" ID="st10-531"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="917" VPOS="957" ID="st10-532"/><SP/><String HEIGHT="23" CONTENT="implemented" WIDTH="134" HPOS="951" VPOS="957" ID="st10-533"/><String HEIGHT="23" CONTENT=":" WIDTH="13" HPOS="1085" VPOS="957" ID="st10-534"/></TextLine><TextLine HPOS="858" VPOS="1029" ID="tl10-59" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="858" VPOS="1029" ID="st10-535"/><SP/><String HEIGHT="23" CONTENT="Internal" WIDTH="81" HPOS="907" VPOS="1029" ID="st10-536"/><SP/><String HEIGHT="23" CONTENT="Market" WIDTH="77" HPOS="998" VPOS="1029" ID="st10-537"/><SP/><String HEIGHT="23" CONTENT="must" WIDTH="53" HPOS="1085" VPOS="1029" ID="st10-538"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="1148" VPOS="1029" ID="st10-539"/><SP/><String HEIGHT="23" CONTENT="subject" WIDTH="75" HPOS="1185" VPOS="1029" ID="st10-540"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1270" VPOS="1029" ID="st10-541"/><SP/><String HEIGHT="23" CONTENT="uniform" WIDTH="84" HPOS="1303" VPOS="1029" ID="st10-542"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="58" HPOS="1398" VPOS="1029" ID="st10-543"/></TextLine><TextLine HPOS="858" VPOS="1065" ID="tl10-60" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="conditions" WIDTH="110" HPOS="858" VPOS="1065" ID="st10-544"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="975" VPOS="1065" ID="st10-545"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="57" HPOS="1001" VPOS="1065" ID="st10-546"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1065" VPOS="1065" ID="st10-547"/><SP/><String HEIGHT="23" CONTENT="prevent" WIDTH="81" HPOS="1094" VPOS="1065" ID="st10-548"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="58" HPOS="1182" VPOS="1065" ID="st10-549"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1247" VPOS="1065" ID="st10-550"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1295" VPOS="1065" ID="st10-551"/><SP/><String HEIGHT="23" CONTENT="dumping" WIDTH="96" HPOS="1360" VPOS="1065" ID="st10-552"/></TextLine><TextLine HPOS="858" VPOS="1101" ID="tl10-61" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="(" WIDTH="9" HPOS="858" VPOS="1101" ID="st10-553"/><String HEIGHT="23" CONTENT="for" WIDTH="28" HPOS="867" VPOS="1101" ID="st10-554"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="83" HPOS="904" VPOS="1101" ID="st10-555"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="987" VPOS="1101" ID="st10-556"/><SP/><String HEIGHT="23" CONTENT="core" WIDTH="45" HPOS="1008" VPOS="1101" ID="st10-557"/><SP/><String HEIGHT="23" CONTENT="labour" WIDTH="68" HPOS="1062" VPOS="1101" ID="st10-558"/><SP/><String HEIGHT="23" CONTENT="norms" WIDTH="67" HPOS="1138" VPOS="1101" ID="st10-559"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1213" VPOS="1101" ID="st10-560"/><SP/><String HEIGHT="23" CONTENT="basic" WIDTH="52" HPOS="1262" VPOS="1101" ID="st10-561"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="58" HPOS="1323" VPOS="1101" ID="st10-562"/><SP/><String HEIGHT="23" CONTENT="stand" WIDTH="56" HPOS="1389" VPOS="1101" ID="st10-563" SUBS_TYPE="HypPart1" SUBS_CONTENT="standards"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1101" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1138" ID="tl10-62" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="ards" WIDTH="40" HPOS="858" VPOS="1138" ID="st10-564" SUBS_TYPE="HypPart2" SUBS_CONTENT="standards"/><String HEIGHT="22" CONTENT="," WIDTH="11" HPOS="898" VPOS="1138" ID="st10-565"/><SP/><String HEIGHT="22" CONTENT="guidelines" WIDTH="107" HPOS="920" VPOS="1138" ID="st10-566"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="41" HPOS="1037" VPOS="1138" ID="st10-567"/><SP/><String HEIGHT="22" CONTENT="support" WIDTH="82" HPOS="1088" VPOS="1138" ID="st10-568"/><SP/><String HEIGHT="22" CONTENT="for" WIDTH="31" HPOS="1181" VPOS="1138" ID="st10-569"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="12" HPOS="1223" VPOS="1138" ID="st10-570"/><SP/><String HEIGHT="22" CONTENT="high" WIDTH="47" HPOS="1246" VPOS="1138" ID="st10-571"/><SP/><String HEIGHT="22" CONTENT="percentage" WIDTH="119" HPOS="1304" VPOS="1138" ID="st10-572"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="22" HPOS="1434" VPOS="1138" ID="st10-573"/></TextLine><TextLine HPOS="858" VPOS="1174" ID="tl10-63" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="those" WIDTH="58" HPOS="858" VPOS="1174" ID="st10-574"/><SP/><String HEIGHT="23" CONTENT="who" WIDTH="48" HPOS="923" VPOS="1174" ID="st10-575"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="978" VPOS="1174" ID="st10-576"/><SP/><String HEIGHT="23" CONTENT="covered" WIDTH="83" HPOS="1018" VPOS="1174" ID="st10-577"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1108" VPOS="1174" ID="st10-578"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="98" HPOS="1140" VPOS="1174" ID="st10-579"/><SP/><String HEIGHT="23" CONTENT="agreements" WIDTH="119" HPOS="1245" VPOS="1174" ID="st10-580"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1364" VPOS="1174" ID="st10-581"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="1384" VPOS="1174" ID="st10-582"/><SP/><String HEIGHT="23" CONTENT="well" WIDTH="43" HPOS="1413" VPOS="1174" ID="st10-583"/></TextLine><TextLine HPOS="858" VPOS="1210" ID="tl10-64" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="858" VPOS="1210" ID="st10-584"/><SP/><String HEIGHT="23" CONTENT="safeguarding" WIDTH="139" HPOS="893" VPOS="1210" ID="st10-585"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1045" VPOS="1210" ID="st10-586"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="87" HPOS="1080" VPOS="1210" ID="st10-587"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="98" HPOS="1179" VPOS="1210" ID="st10-588"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="115" HPOS="1290" VPOS="1210" ID="st10-589"/><SP/><String HEIGHT="23" CONTENT="sys" WIDTH="30" HPOS="1417" VPOS="1210" ID="st10-590" SUBS_TYPE="HypPart1" SUBS_CONTENT="systems"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="1210" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1246" ID="tl10-65" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tems" WIDTH="43" HPOS="858" VPOS="1246" ID="st10-591" SUBS_TYPE="HypPart2" SUBS_CONTENT="systems"/><String HEIGHT="23" CONTENT=")" WIDTH="11" HPOS="901" VPOS="1246" ID="st10-592"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="912" VPOS="1246" ID="st10-593"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="932" VPOS="1246" ID="st10-594"/><SP/><String HEIGHT="23" CONTENT="addition" WIDTH="84" HPOS="960" VPOS="1246" ID="st10-595"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1044" VPOS="1246" ID="st10-596"/><SP/><String HEIGHT="23" CONTENT="labour" WIDTH="68" HPOS="1064" VPOS="1246" ID="st10-597"/><SP/><String HEIGHT="23" CONTENT="market" WIDTH="75" HPOS="1141" VPOS="1246" ID="st10-598"/><SP/><String HEIGHT="23" CONTENT="deregulation" WIDTH="134" HPOS="1225" VPOS="1246" ID="st10-599"/><SP/><String HEIGHT="23" CONTENT="must" WIDTH="53" HPOS="1368" VPOS="1246" ID="st10-600"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="1430" VPOS="1246" ID="st10-601"/></TextLine><TextLine HPOS="858" VPOS="1282" ID="tl10-66" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="halted" WIDTH="66" HPOS="858" VPOS="1282" ID="st10-602"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="931" VPOS="1282" ID="st10-603"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="56" HPOS="958" VPOS="1282" ID="st10-604"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1021" VPOS="1282" ID="st10-605"/><SP/><String HEIGHT="23" CONTENT="rein" WIDTH="40" HPOS="1050" VPOS="1282" ID="st10-606"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1097" VPOS="1282" ID="st10-607"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1123" VPOS="1282" ID="st10-608"/><SP/><String HEIGHT="23" CONTENT="exponential" WIDTH="124" HPOS="1164" VPOS="1282" ID="st10-609"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="85" HPOS="1295" VPOS="1282" ID="st10-610"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1387" VPOS="1282" ID="st10-611"/><SP/><String HEIGHT="23" CONTENT="pre" WIDTH="32" HPOS="1414" VPOS="1282" ID="st10-612" SUBS_TYPE="HypPart1" SUBS_CONTENT="precarious"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1282" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1318" ID="tl10-67" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="carious" WIDTH="75" HPOS="858" VPOS="1318" ID="st10-613" SUBS_TYPE="HypPart2" SUBS_CONTENT="precarious"/><SP/><String HEIGHT="23" CONTENT="employment" WIDTH="133" HPOS="938" VPOS="1318" ID="st10-614"/><String HEIGHT="23" CONTENT="(" WIDTH="9" HPOS="1077" VPOS="1318" ID="st10-615"/><String HEIGHT="23" CONTENT="for" WIDTH="28" HPOS="1086" VPOS="1318" ID="st10-616"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="84" HPOS="1119" VPOS="1318" ID="st10-617"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1203" VPOS="1318" ID="st10-618"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1220" VPOS="1318" ID="st10-619"/><SP/><String HEIGHT="23" CONTENT="making" WIDTH="79" HPOS="1251" VPOS="1318" ID="st10-620"/><SP/><String HEIGHT="23" CONTENT="agency" WIDTH="75" HPOS="1335" VPOS="1318" ID="st10-621"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1415" VPOS="1318" ID="st10-622"/></TextLine><TextLine HPOS="858" VPOS="1354" ID="tl10-68" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="temporary" WIDTH="109" HPOS="858" VPOS="1354" ID="st10-623"/><SP/><String HEIGHT="23" CONTENT="work" WIDTH="54" HPOS="973" VPOS="1354" ID="st10-624"/><SP/><String HEIGHT="23" CONTENT="more" WIDTH="56" HPOS="1032" VPOS="1354" ID="st10-625"/><SP/><String HEIGHT="23" CONTENT="expensive" WIDTH="99" HPOS="1093" VPOS="1354" ID="st10-626"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1192" VPOS="1354" ID="st10-627"/><SP/><String HEIGHT="23" CONTENT="limiting" WIDTH="79" HPOS="1208" VPOS="1354" ID="st10-628"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1293" VPOS="1354" ID="st10-629"/><SP/><String HEIGHT="23" CONTENT="use" WIDTH="36" HPOS="1333" VPOS="1354" ID="st10-630"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1374" VPOS="1354" ID="st10-631"/><SP/><String HEIGHT="23" CONTENT="atyp" WIDTH="44" HPOS="1402" VPOS="1354" ID="st10-632" SUBS_TYPE="HypPart1" SUBS_CONTENT="atypical"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1354" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1390" ID="tl10-69" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ical" WIDTH="34" HPOS="858" VPOS="1390" ID="st10-633" SUBS_TYPE="HypPart2" SUBS_CONTENT="atypical"/><SP/><String HEIGHT="23" CONTENT="contracts" WIDTH="97" HPOS="904" VPOS="1390" ID="st10-634"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1012" VPOS="1390" ID="st10-635"/><SP/><String HEIGHT="23" CONTENT="prohibiting" WIDTH="117" HPOS="1063" VPOS="1390" ID="st10-636"/><SP/><String HEIGHT="23" CONTENT="non" WIDTH="35" HPOS="1191" VPOS="1390" ID="st10-637"/><String HEIGHT="23" CONTENT="-" WIDTH="12" HPOS="1226" VPOS="1390" ID="st10-638"/><String HEIGHT="23" CONTENT="standard" WIDTH="95" HPOS="1238" VPOS="1390" ID="st10-639"/><SP/><String HEIGHT="23" CONTENT="contracts" WIDTH="90" HPOS="1345" VPOS="1390" ID="st10-640"/><String HEIGHT="23" CONTENT=")" WIDTH="10" HPOS="1435" VPOS="1390" ID="st10-641"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1445" VPOS="1390" ID="st10-642"/></TextLine><TextLine HPOS="858" VPOS="1426" ID="tl10-70" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="»" WIDTH="12" HPOS="858" VPOS="1426" ID="st10-643"/><String HEIGHT="23" CONTENT="Decent" WIDTH="77" HPOS="870" VPOS="1426" ID="st10-644"/><SP/><String HEIGHT="23" CONTENT="work" WIDTH="54" HPOS="952" VPOS="1426" ID="st10-645"/><String HEIGHT="23" CONTENT="«" WIDTH="14" HPOS="1006" VPOS="1426" ID="st10-646"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="1026" VPOS="1426" ID="st10-647"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="1102" VPOS="1426" ID="st10-648"/><SP/><String HEIGHT="23" CONTENT="adopted" WIDTH="89" HPOS="1134" VPOS="1426" ID="st10-649"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="1229" VPOS="1426" ID="st10-650"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="1256" VPOS="1426" ID="st10-651"/><SP/><String HEIGHT="23" CONTENT="overall" WIDTH="70" HPOS="1288" VPOS="1426" ID="st10-652"/><SP/><String HEIGHT="23" CONTENT="indicator" WIDTH="93" HPOS="1363" VPOS="1426" ID="st10-653"/></TextLine><TextLine HPOS="858" VPOS="1463" ID="tl10-71" WIDTH="462" HEIGHT="22"><String HEIGHT="22" CONTENT="of" WIDTH="22" HPOS="858" VPOS="1463" ID="st10-654"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="887" VPOS="1463" ID="st10-655"/><SP/><String HEIGHT="22" CONTENT="success" WIDTH="77" HPOS="929" VPOS="1463" ID="st10-656"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="23" HPOS="1013" VPOS="1463" ID="st10-657"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="1043" VPOS="1463" ID="st10-658"/><SP/><String HEIGHT="22" CONTENT="Europe" WIDTH="75" HPOS="1084" VPOS="1463" ID="st10-659"/><SP/><String HEIGHT="22" CONTENT="2020" WIDTH="55" HPOS="1166" VPOS="1463" ID="st10-660"/><SP/><String HEIGHT="22" CONTENT="Strategy" WIDTH="81" HPOS="1228" VPOS="1463" ID="st10-661"/><String HEIGHT="22" CONTENT="." WIDTH="11" HPOS="1309" VPOS="1463" ID="st10-662"/></TextLine><TextLine HPOS="858" VPOS="1535" ID="tl10-72" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="858" VPOS="1535" ID="st10-663"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="57" HPOS="887" VPOS="1535" ID="st10-664"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="954" VPOS="1535" ID="st10-665"/><SP/><String HEIGHT="23" CONTENT="reduce" WIDTH="72" HPOS="987" VPOS="1535" ID="st10-666"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="1069" VPOS="1535" ID="st10-667"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="118" HPOS="1248" VPOS="1535" ID="st10-668"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1376" VPOS="1535" ID="st10-669"/><SP/><String HEIGHT="23" CONTENT="focus" WIDTH="57" HPOS="1399" VPOS="1535" ID="st10-670"/></TextLine><TextLine HPOS="858" VPOS="1571" ID="tl10-73" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="858" VPOS="1571" ID="st10-671"/><SP/><String HEIGHT="23" CONTENT="direct" WIDTH="60" HPOS="894" VPOS="1571" ID="st10-672"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="963" VPOS="1571" ID="st10-673"/><SP/><String HEIGHT="23" CONTENT="indirect" WIDTH="78" HPOS="1012" VPOS="1571" ID="st10-674"/><SP/><String HEIGHT="23" CONTENT="labour" WIDTH="68" HPOS="1099" VPOS="1571" ID="st10-675"/><SP/><String HEIGHT="23" CONTENT="costs" WIDTH="53" HPOS="1176" VPOS="1571" ID="st10-676"/><SP/><String HEIGHT="23" CONTENT="alone" WIDTH="58" HPOS="1238" VPOS="1571" ID="st10-677"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1305" VPOS="1571" ID="st10-678"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="1329" VPOS="1571" ID="st10-679"/><SP/><String HEIGHT="23" CONTENT="enough" WIDTH="82" HPOS="1374" VPOS="1571" ID="st10-680"/></TextLine><TextLine HPOS="858" VPOS="1607" ID="tl10-74" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="858" VPOS="1607" ID="st10-681"/><SP/><String HEIGHT="23" CONTENT="bring" WIDTH="56" HPOS="888" VPOS="1607" ID="st10-682"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="952" VPOS="1607" ID="st10-683"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="995" VPOS="1607" ID="st10-684"/><SP/><String HEIGHT="23" CONTENT="back" WIDTH="50" HPOS="1103" VPOS="1607" ID="st10-685"/><SP/><String HEIGHT="23" CONTENT="into" WIDTH="42" HPOS="1161" VPOS="1607" ID="st10-686"/><SP/><String HEIGHT="23" CONTENT="balance" WIDTH="77" HPOS="1211" VPOS="1607" ID="st10-687"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1288" VPOS="1607" ID="st10-688"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1308" VPOS="1607" ID="st10-689"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="1355" VPOS="1607" ID="st10-690"/></TextLine><TextLine HPOS="858" VPOS="1643" ID="tl10-75" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="metal" WIDTH="60" HPOS="858" VPOS="1643" ID="st10-691"/><SP/><String HEIGHT="23" CONTENT="industry" WIDTH="85" HPOS="929" VPOS="1643" ID="st10-692"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="1025" VPOS="1643" ID="st10-693"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="1092" VPOS="1643" ID="st10-694"/><SP/><String HEIGHT="23" CONTENT="must" WIDTH="52" HPOS="1175" VPOS="1643" ID="st10-695"/><SP/><String HEIGHT="23" CONTENT="decisively" WIDTH="99" HPOS="1239" VPOS="1643" ID="st10-696"/><SP/><String HEIGHT="23" CONTENT="reject" WIDTH="58" HPOS="1349" VPOS="1643" ID="st10-697"/><SP/><String HEIGHT="23" CONTENT="any" WIDTH="38" HPOS="1418" VPOS="1643" ID="st10-698"/></TextLine><TextLine HPOS="858" VPOS="1679" ID="tl10-76" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="kind" WIDTH="46" HPOS="858" VPOS="1679" ID="st10-699"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="912" VPOS="1679" ID="st10-700"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="942" VPOS="1679" ID="st10-701"/><SP/><String HEIGHT="23" CONTENT="competition" WIDTH="122" HPOS="1009" VPOS="1679" ID="st10-702"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1131" VPOS="1679" ID="st10-703"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="1151" VPOS="1679" ID="st10-704"/><SP/><String HEIGHT="23" CONTENT="well" WIDTH="43" HPOS="1182" VPOS="1679" ID="st10-705"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="1233" VPOS="1679" ID="st10-706"/><SP/><String HEIGHT="23" CONTENT="deflationary" WIDTH="127" HPOS="1263" VPOS="1679" ID="st10-707"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1398" VPOS="1679" ID="st10-708"/></TextLine><TextLine HPOS="858" VPOS="1715" ID="tl10-77" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="policies" WIDTH="78" HPOS="858" VPOS="1715" ID="st10-709"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="944" VPOS="1715" ID="st10-710"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="993" VPOS="1715" ID="st10-711"/><SP/><String HEIGHT="23" CONTENT="cuts" WIDTH="40" HPOS="1061" VPOS="1715" ID="st10-712"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="1101" VPOS="1715" ID="st10-713"/><SP/><String HEIGHT="23" CONTENT="These" WIDTH="61" HPOS="1119" VPOS="1715" ID="st10-714"/><SP/><String HEIGHT="23" CONTENT="will" WIDTH="36" HPOS="1189" VPOS="1715" ID="st10-715"/><SP/><String HEIGHT="23" CONTENT="serve" WIDTH="54" HPOS="1234" VPOS="1715" ID="st10-716"/><SP/><String HEIGHT="23" CONTENT="only" WIDTH="44" HPOS="1297" VPOS="1715" ID="st10-717"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1350" VPOS="1715" ID="st10-718"/><SP/><String HEIGHT="23" CONTENT="exacer" WIDTH="65" HPOS="1381" VPOS="1715" ID="st10-719" SUBS_TYPE="HypPart1" SUBS_CONTENT="exacerbate"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1715" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1751" ID="tl10-78" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="bate" WIDTH="47" HPOS="858" VPOS="1751" ID="st10-720" SUBS_TYPE="HypPart2" SUBS_CONTENT="exacerbate"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="914" VPOS="1751" ID="st10-721"/><SP/><String HEIGHT="23" CONTENT="current" WIDTH="76" HPOS="959" VPOS="1751" ID="st10-722"/><SP/><String HEIGHT="23" CONTENT="crisis" WIDTH="48" HPOS="1044" VPOS="1751" ID="st10-723"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="1092" VPOS="1751" ID="st10-724"/><SP/><String HEIGHT="23" CONTENT="Wages" WIDTH="72" HPOS="1110" VPOS="1751" ID="st10-725"/><SP/><String HEIGHT="23" CONTENT="must" WIDTH="53" HPOS="1191" VPOS="1751" ID="st10-726"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="86" HPOS="1253" VPOS="1751" ID="st10-727"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1349" VPOS="1751" ID="st10-728"/><SP/><String HEIGHT="23" CONTENT="accord" WIDTH="67" HPOS="1378" VPOS="1751" ID="st10-729" SUBS_TYPE="HypPart1" SUBS_CONTENT="accordance"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1751" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1788" ID="tl10-79" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="ance" WIDTH="50" HPOS="858" VPOS="1788" ID="st10-730" SUBS_TYPE="HypPart2" SUBS_CONTENT="accordance"/><SP/><String HEIGHT="22" CONTENT="with" WIDTH="47" HPOS="917" VPOS="1788" ID="st10-731"/><SP/><String HEIGHT="22" CONTENT="inflation" WIDTH="87" HPOS="973" VPOS="1788" ID="st10-732"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="40" HPOS="1069" VPOS="1788" ID="st10-733"/><SP/><String HEIGHT="22" CONTENT="productivity" WIDTH="119" HPOS="1118" VPOS="1788" ID="st10-734"/><String HEIGHT="22" CONTENT="," WIDTH="10" HPOS="1237" VPOS="1788" ID="st10-735"/><SP/><String HEIGHT="22" CONTENT="as" WIDTH="22" HPOS="1256" VPOS="1788" ID="st10-736"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1287" VPOS="1788" ID="st10-737"/><SP/><String HEIGHT="22" CONTENT="EMF" WIDTH="46" HPOS="1330" VPOS="1788" ID="st10-738"/><SP/><String HEIGHT="22" CONTENT="has" WIDTH="36" HPOS="1385" VPOS="1788" ID="st10-739"/><SP/><String HEIGHT="22" CONTENT="al" WIDTH="18" HPOS="1430" VPOS="1788" ID="st10-740" SUBS_TYPE="HypPart1" SUBS_CONTENT="already"/><HYP CONTENT="-" WIDTH="8" HPOS="1448" VPOS="1788" HEIGHT="22"/></TextLine><TextLine HPOS="858" VPOS="1824" ID="tl10-80" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ready" WIDTH="58" HPOS="858" VPOS="1824" ID="st10-741" SUBS_TYPE="HypPart2" SUBS_CONTENT="already"/><SP/><String HEIGHT="23" CONTENT="established" WIDTH="118" HPOS="927" VPOS="1824" ID="st10-742"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="1057" VPOS="1824" ID="st10-743"/><SP/><String HEIGHT="23" CONTENT="its" WIDTH="24" HPOS="1115" VPOS="1824" ID="st10-744"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1150" VPOS="1824" ID="st10-745"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="1220" VPOS="1824" ID="st10-746"/><SP/><String HEIGHT="23" CONTENT="formula" WIDTH="79" HPOS="1365" VPOS="1824" ID="st10-747"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1444" VPOS="1824" ID="st10-748"/></TextLine><TextLine HPOS="858" VPOS="1860" ID="tl10-81" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="858" VPOS="1860" ID="st10-749"/><SP/><String HEIGHT="23" CONTENT="burdens" WIDTH="86" HPOS="902" VPOS="1860" ID="st10-750"/><SP/><String HEIGHT="23" CONTENT="cannot" WIDTH="73" HPOS="994" VPOS="1860" ID="st10-751"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="1073" VPOS="1860" ID="st10-752"/><SP/><String HEIGHT="23" CONTENT="imposed" WIDTH="90" HPOS="1105" VPOS="1860" ID="st10-753"/><SP/><String HEIGHT="23" CONTENT="only" WIDTH="44" HPOS="1201" VPOS="1860" ID="st10-754"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="27" HPOS="1251" VPOS="1860" ID="st10-755"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1284" VPOS="1860" ID="st10-756"/><SP/><String HEIGHT="23" CONTENT="deficit" WIDTH="66" HPOS="1324" VPOS="1860" ID="st10-757"/><SP/><String HEIGHT="23" CONTENT="coun" WIDTH="49" HPOS="1395" VPOS="1860" ID="st10-758" SUBS_TYPE="HypPart1" SUBS_CONTENT="countries"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="1860" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1896" ID="tl10-82" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tries" WIDTH="42" HPOS="858" VPOS="1896" ID="st10-759" SUBS_TYPE="HypPart2" SUBS_CONTENT="countries"/><String HEIGHT="23" CONTENT=":" WIDTH="9" HPOS="900" VPOS="1896" ID="st10-760"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="917" VPOS="1896" ID="st10-761"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="944" VPOS="1896" ID="st10-762"/><SP/><String HEIGHT="23" CONTENT="words" WIDTH="59" HPOS="1009" VPOS="1896" ID="st10-763"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1068" VPOS="1896" ID="st10-764"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1088" VPOS="1896" ID="st10-765"/><SP/><String HEIGHT="23" CONTENT="surplus" WIDTH="75" HPOS="1130" VPOS="1896" ID="st10-766"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="1213" VPOS="1896" ID="st10-767"/><SP/><String HEIGHT="23" CONTENT="must" WIDTH="53" HPOS="1318" VPOS="1896" ID="st10-768"/><SP/><String HEIGHT="23" CONTENT="actively" WIDTH="78" HPOS="1378" VPOS="1896" ID="st10-769"/></TextLine><TextLine HPOS="858" VPOS="1932" ID="tl10-83" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="boost" WIDTH="60" HPOS="858" VPOS="1932" ID="st10-770"/><SP/><String HEIGHT="23" CONTENT="domestic" WIDTH="96" HPOS="924" VPOS="1932" ID="st10-771"/><SP/><String HEIGHT="23" CONTENT="demand" WIDTH="87" HPOS="1026" VPOS="1932" ID="st10-772"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1120" VPOS="1932" ID="st10-773"/><SP/><String HEIGHT="23" CONTENT="public" WIDTH="64" HPOS="1166" VPOS="1932" ID="st10-774"/><SP/><String HEIGHT="23" CONTENT="investments" WIDTH="121" HPOS="1237" VPOS="1932" ID="st10-775"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1358" VPOS="1932" ID="st10-776"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="1376" VPOS="1932" ID="st10-777"/><SP/><String HEIGHT="23" CONTENT="addi" WIDTH="44" HPOS="1402" VPOS="1932" ID="st10-778" SUBS_TYPE="HypPart1" SUBS_CONTENT="addition"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1932" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1968" ID="tl10-84" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tion" WIDTH="38" HPOS="858" VPOS="1968" ID="st10-779" SUBS_TYPE="HypPart2" SUBS_CONTENT="addition"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="896" VPOS="1968" ID="st10-780"/><SP/><String HEIGHT="23" CONTENT="indicators" WIDTH="103" HPOS="915" VPOS="1968" ID="st10-781"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="1026" VPOS="1968" ID="st10-782"/><SP/><String HEIGHT="23" CONTENT="needed" WIDTH="80" HPOS="1067" VPOS="1968" ID="st10-783"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1155" VPOS="1968" ID="st10-784"/><SP/><String HEIGHT="23" CONTENT="capture" WIDTH="80" HPOS="1186" VPOS="1968" ID="st10-785"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1274" VPOS="1968" ID="st10-786"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="59" HPOS="1317" VPOS="1968" ID="st10-787"/><SP/><String HEIGHT="23" CONTENT="impact" WIDTH="72" HPOS="1384" VPOS="1968" ID="st10-788"/></TextLine><TextLine HPOS="858" VPOS="2004" ID="tl10-85" WIDTH="538" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="858" VPOS="2004" ID="st10-789"/><SP/><String HEIGHT="23" CONTENT="measures" WIDTH="99" HPOS="887" VPOS="2004" ID="st10-790"/><SP/><String HEIGHT="23" CONTENT="taken" WIDTH="60" HPOS="993" VPOS="2004" ID="st10-791"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1060" VPOS="2004" ID="st10-792"/><SP/><String HEIGHT="23" CONTENT="reduce" WIDTH="72" HPOS="1089" VPOS="2004" ID="st10-793"/><SP/><String HEIGHT="23" CONTENT="excessive" WIDTH="96" HPOS="1168" VPOS="2004" ID="st10-794"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="113" HPOS="1271" VPOS="2004" ID="st10-795"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1384" VPOS="2004" ID="st10-796"/></TextLine><TextLine HPOS="810" VPOS="2254" ID="tl10-86" WIDTH="32" HEIGHT="27"><String HEIGHT="27" CONTENT="10" WIDTH="32" HPOS="810" VPOS="2254" ID="st10-797"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="11" ID="p749093" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749093" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749093" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl11-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st11-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st11-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st11-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st11-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st11-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st11-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st11-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st11-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st11-8"/></TextLine><TextLine HPOS="196" VPOS="307" ID="tl11-1" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Fairer" WIDTH="58" HPOS="196" VPOS="307" ID="st11-9"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="121" HPOS="265" VPOS="307" ID="st11-10"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="397" VPOS="307" ID="st11-11"/><SP/><String HEIGHT="23" CONTENT="wealth" WIDTH="72" HPOS="431" VPOS="307" ID="st11-12"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="514" VPOS="307" ID="st11-13"/><SP/><String HEIGHT="23" CONTENT="our" WIDTH="36" HPOS="545" VPOS="307" ID="st11-14"/><SP/><String HEIGHT="23" CONTENT="society" WIDTH="72" HPOS="592" VPOS="307" ID="st11-15"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="675" VPOS="307" ID="st11-16"/><SP/><String HEIGHT="23" CONTENT="crucial" WIDTH="68" HPOS="702" VPOS="307" ID="st11-17"/><SP/><String HEIGHT="23" CONTENT="if" WIDTH="14" HPOS="781" VPOS="307" ID="st11-18"/></TextLine><TextLine HPOS="196" VPOS="343" ID="tl11-2" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="we" WIDTH="32" HPOS="196" VPOS="343" ID="st11-19"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="236" VPOS="343" ID="st11-20"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="277" VPOS="343" ID="st11-21"/><SP/><String HEIGHT="23" CONTENT="achieve" WIDTH="79" HPOS="307" VPOS="343" ID="st11-22"/><SP/><String HEIGHT="23" CONTENT="sustainable" WIDTH="118" HPOS="394" VPOS="343" ID="st11-23"/><SP/><String HEIGHT="23" CONTENT="growth" WIDTH="72" HPOS="520" VPOS="343" ID="st11-24"/><String HEIGHT="23" CONTENT=":" WIDTH="13" HPOS="592" VPOS="343" ID="st11-25"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="613" VPOS="343" ID="st11-26"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="634" VPOS="343" ID="st11-27"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="86" HPOS="709" VPOS="343" ID="st11-28"/></TextLine><TextLine HPOS="196" VPOS="379" ID="tl11-3" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="consumption" WIDTH="139" HPOS="196" VPOS="379" ID="st11-29"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="345" VPOS="379" ID="st11-30"/><SP/><String HEIGHT="23" CONTENT="reduce" WIDTH="72" HPOS="395" VPOS="379" ID="st11-31"/><SP/><String HEIGHT="23" CONTENT="excessive" WIDTH="95" HPOS="477" VPOS="379" ID="st11-32"/><SP/><String HEIGHT="23" CONTENT="savings" WIDTH="77" HPOS="582" VPOS="379" ID="st11-33"/><SP/><String HEIGHT="23" CONTENT="rates" WIDTH="49" HPOS="668" VPOS="379" ID="st11-34"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="717" VPOS="379" ID="st11-35"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="736" VPOS="379" ID="st11-36"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="20" HPOS="766" VPOS="379" ID="st11-37" SUBS_TYPE="HypPart1" SUBS_CONTENT="order"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="379" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="415" ID="tl11-4" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="der" WIDTH="35" HPOS="196" VPOS="415" ID="st11-38" SUBS_TYPE="HypPart2" SUBS_CONTENT="order"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="242" VPOS="415" ID="st11-39"/><SP/><String HEIGHT="23" CONTENT="bring" WIDTH="56" HPOS="275" VPOS="415" ID="st11-40"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="342" VPOS="415" ID="st11-41"/><SP/><String HEIGHT="23" CONTENT="about" WIDTH="57" HPOS="391" VPOS="415" ID="st11-42"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="448" VPOS="415" ID="st11-43"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="471" VPOS="415" ID="st11-44"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="510" VPOS="415" ID="st11-45"/><SP/><String HEIGHT="23" CONTENT="one" WIDTH="40" HPOS="556" VPOS="415" ID="st11-46"/><SP/><String HEIGHT="23" CONTENT="hand" WIDTH="48" HPOS="607" VPOS="415" ID="st11-47"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="655" VPOS="415" ID="st11-48"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="680" VPOS="415" ID="st11-49"/><SP/><String HEIGHT="23" CONTENT="lowest" WIDTH="70" HPOS="725" VPOS="415" ID="st11-50"/></TextLine><TextLine HPOS="196" VPOS="451" ID="tl11-5" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="incomes" WIDTH="88" HPOS="196" VPOS="451" ID="st11-51"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="293" VPOS="451" ID="st11-52"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="353" VPOS="451" ID="st11-53"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="385" VPOS="451" ID="st11-54"/><SP/><String HEIGHT="23" CONTENT="tackled" WIDTH="72" HPOS="421" VPOS="451" ID="st11-55"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="493" VPOS="451" ID="st11-56"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="63" HPOS="514" VPOS="451" ID="st11-57"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="587" VPOS="451" ID="st11-58"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="634" VPOS="451" ID="st11-59"/><SP/><String HEIGHT="23" CONTENT="done" WIDTH="54" HPOS="670" VPOS="451" ID="st11-60"/><SP/><String HEIGHT="23" CONTENT="either" WIDTH="61" HPOS="734" VPOS="451" ID="st11-61"/></TextLine><TextLine HPOS="196" VPOS="488" ID="tl11-6" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="through" WIDTH="87" HPOS="196" VPOS="488" ID="st11-62"/><SP/><String HEIGHT="22" CONTENT="statutory" WIDTH="95" HPOS="294" VPOS="488" ID="st11-63"/><SP/><String HEIGHT="22" CONTENT="or" WIDTH="22" HPOS="400" VPOS="488" ID="st11-64"/><SP/><String HEIGHT="22" CONTENT="collective" WIDTH="97" HPOS="434" VPOS="488" ID="st11-65"/><SP/><String HEIGHT="22" CONTENT="agreement" WIDTH="111" HPOS="543" VPOS="488" ID="st11-66"/><String HEIGHT="22" CONTENT="-" WIDTH="13" HPOS="654" VPOS="488" ID="st11-67"/><String HEIGHT="22" CONTENT="based" WIDTH="62" HPOS="667" VPOS="488" ID="st11-68"/><SP/><String HEIGHT="22" CONTENT="mini" WIDTH="44" HPOS="741" VPOS="488" ID="st11-69" SUBS_TYPE="HypPart1" SUBS_CONTENT="minimum"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="488" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="524" ID="tl11-7" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="mum" WIDTH="56" HPOS="196" VPOS="524" ID="st11-70" SUBS_TYPE="HypPart2" SUBS_CONTENT="minimum"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="62" HPOS="262" VPOS="524" ID="st11-71"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="324" VPOS="524" ID="st11-72"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="346" VPOS="524" ID="st11-73"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="396" VPOS="524" ID="st11-74"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="434" VPOS="524" ID="st11-75"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="56" HPOS="479" VPOS="524" ID="st11-76"/><SP/><String HEIGHT="23" CONTENT="hand" WIDTH="48" HPOS="545" VPOS="524" ID="st11-77"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="593" VPOS="524" ID="st11-78"/><SP/><String HEIGHT="23" CONTENT="more" WIDTH="55" HPOS="616" VPOS="524" ID="st11-79"/><SP/><String HEIGHT="23" CONTENT="convincing" WIDTH="114" HPOS="681" VPOS="524" ID="st11-80"/></TextLine><TextLine HPOS="196" VPOS="560" ID="tl11-8" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="policies" WIDTH="78" HPOS="196" VPOS="560" ID="st11-81"/><SP/><String HEIGHT="23" CONTENT="must" WIDTH="52" HPOS="280" VPOS="560" ID="st11-82"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="338" VPOS="560" ID="st11-83"/><SP/><String HEIGHT="23" CONTENT="implemented" WIDTH="140" HPOS="370" VPOS="560" ID="st11-84"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="516" VPOS="560" ID="st11-85"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="56" HPOS="541" VPOS="560" ID="st11-86"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="603" VPOS="560" ID="st11-87"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="631" VPOS="560" ID="st11-88"/><SP/><String HEIGHT="23" CONTENT="able" WIDTH="44" HPOS="663" VPOS="560" ID="st11-89"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="713" VPOS="560" ID="st11-90"/><SP/><String HEIGHT="23" CONTENT="com" WIDTH="41" HPOS="741" VPOS="560" ID="st11-91" SUBS_TYPE="HypPart1" SUBS_CONTENT="combat"/><HYP CONTENT="-" WIDTH="13" HPOS="782" VPOS="560" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="596" ID="tl11-9" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="bat" WIDTH="35" HPOS="196" VPOS="596" ID="st11-92" SUBS_TYPE="HypPart2" SUBS_CONTENT="combat"/><SP/><String HEIGHT="23" CONTENT="tax" WIDTH="32" HPOS="236" VPOS="596" ID="st11-93"/><SP/><String HEIGHT="23" CONTENT="dodging" WIDTH="89" HPOS="274" VPOS="596" ID="st11-94"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="368" VPOS="596" ID="st11-95"/><SP/><String HEIGHT="23" CONTENT="tax" WIDTH="32" HPOS="414" VPOS="596" ID="st11-96"/><SP/><String HEIGHT="23" CONTENT="evasion" WIDTH="75" HPOS="451" VPOS="596" ID="st11-97"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="526" VPOS="596" ID="st11-98"/><SP/><String HEIGHT="23" CONTENT="promote" WIDTH="92" HPOS="542" VPOS="596" ID="st11-99"/><SP/><String HEIGHT="23" CONTENT="progressive" WIDTH="118" HPOS="639" VPOS="596" ID="st11-100"/><SP/><String HEIGHT="23" CONTENT="tax" WIDTH="32" HPOS="763" VPOS="596" ID="st11-101"/></TextLine><TextLine HPOS="196" VPOS="632" ID="tl11-10" WIDTH="587" HEIGHT="23"><String HEIGHT="23" CONTENT="policies" WIDTH="78" HPOS="196" VPOS="632" ID="st11-102"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="281" VPOS="632" ID="st11-103"/><SP/><String HEIGHT="23" CONTENT="shift" WIDTH="46" HPOS="328" VPOS="632" ID="st11-104"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="381" VPOS="632" ID="st11-105"/><SP/><String HEIGHT="23" CONTENT="tax" WIDTH="32" HPOS="423" VPOS="632" ID="st11-106"/><SP/><String HEIGHT="23" CONTENT="burden" WIDTH="76" HPOS="462" VPOS="632" ID="st11-107"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="545" VPOS="632" ID="st11-108"/><SP/><String HEIGHT="23" CONTENT="labour" WIDTH="69" HPOS="602" VPOS="632" ID="st11-109"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="677" VPOS="632" ID="st11-110"/><SP/><String HEIGHT="23" CONTENT="capital" WIDTH="66" HPOS="707" VPOS="632" ID="st11-111"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="773" VPOS="632" ID="st11-112"/></TextLine><TextLine HPOS="810" VPOS="2254" ID="tl11-11" WIDTH="32" HEIGHT="27"><String HEIGHT="27" CONTENT="11" WIDTH="32" HPOS="810" VPOS="2254" ID="st11-113"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="12" ID="p749094" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749094" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749094" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl12-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st12-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st12-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st12-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st12-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st12-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st12-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st12-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st12-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st12-8"/></TextLine><TextLine HPOS="196" VPOS="303" ID="tl12-1" WIDTH="289" HEIGHT="28"><String HEIGHT="28" CONTENT="Kay" WIDTH="48" HPOS="196" VPOS="303" ID="st12-9"/><SP/><String HEIGHT="28" CONTENT="Ohl" WIDTH="46" HPOS="252" VPOS="303" ID="st12-10"/><SP/><String HEIGHT="28" CONTENT="and" WIDTH="49" HPOS="307" VPOS="303" ID="st12-11"/><SP/><String HEIGHT="28" CONTENT="Uwe" WIDTH="60" HPOS="364" VPOS="303" ID="st12-12"/><SP/><String HEIGHT="28" CONTENT="Fink" WIDTH="53" HPOS="432" VPOS="303" ID="st12-13"/></TextLine><TextLine HPOS="196" VPOS="372" ID="tl12-2" WIDTH="1217" HEIGHT="33"><String HEIGHT="33" CONTENT="Macroeconomic" WIDTH="266" HPOS="196" VPOS="372" ID="st12-14"/><SP/><String HEIGHT="33" CONTENT="Imbalances" WIDTH="188" HPOS="473" VPOS="372" ID="st12-15"/><SP/><String HEIGHT="33" CONTENT="Cannot" WIDTH="123" HPOS="671" VPOS="372" ID="st12-16"/><SP/><String HEIGHT="33" CONTENT="Be" WIDTH="42" HPOS="804" VPOS="372" ID="st12-17"/><SP/><String HEIGHT="33" CONTENT="Corrected" WIDTH="164" HPOS="856" VPOS="372" ID="st12-18"/><SP/><String HEIGHT="33" CONTENT="by" WIDTH="42" HPOS="1030" VPOS="372" ID="st12-19"/><SP/><String HEIGHT="33" CONTENT="means" WIDTH="110" HPOS="1082" VPOS="372" ID="st12-20"/><SP/><String HEIGHT="33" CONTENT="of" WIDTH="36" HPOS="1202" VPOS="372" ID="st12-21"/><SP/><String HEIGHT="33" CONTENT="Collective" WIDTH="165" HPOS="1248" VPOS="372" ID="st12-22"/></TextLine><TextLine HPOS="196" VPOS="408" ID="tl12-3" WIDTH="585" HEIGHT="33"><String HEIGHT="33" CONTENT="Bargaining" WIDTH="185" HPOS="196" VPOS="408" ID="st12-23"/><SP/><String HEIGHT="33" CONTENT="and" WIDTH="64" HPOS="391" VPOS="408" ID="st12-24"/><SP/><String HEIGHT="33" CONTENT="Wage" WIDTH="97" HPOS="465" VPOS="408" ID="st12-25"/><SP/><String HEIGHT="33" CONTENT="Policy" WIDTH="99" HPOS="572" VPOS="408" ID="st12-26"/><SP/><String HEIGHT="33" CONTENT="Alone" WIDTH="100" HPOS="681" VPOS="408" ID="st12-27"/></TextLine><TextLine HPOS="196" VPOS="488" ID="tl12-4" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="The" WIDTH="39" HPOS="196" VPOS="488" ID="st12-28"/><SP/><String HEIGHT="22" CONTENT="effects" WIDTH="71" HPOS="245" VPOS="488" ID="st12-29"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="23" HPOS="325" VPOS="488" ID="st12-30"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="358" VPOS="488" ID="st12-31"/><SP/><String HEIGHT="22" CONTENT="biggest" WIDTH="78" HPOS="402" VPOS="488" ID="st12-32"/><SP/><String HEIGHT="22" CONTENT="economic" WIDTH="103" HPOS="490" VPOS="488" ID="st12-33"/><SP/><String HEIGHT="22" CONTENT="crisis" WIDTH="50" HPOS="603" VPOS="488" ID="st12-34"/><SP/><String HEIGHT="22" CONTENT="for" WIDTH="31" HPOS="662" VPOS="488" ID="st12-35"/><SP/><String HEIGHT="22" CONTENT="80" WIDTH="28" HPOS="703" VPOS="488" ID="st12-36"/><SP/><String HEIGHT="22" CONTENT="years" WIDTH="54" HPOS="741" VPOS="488" ID="st12-37"/></TextLine><TextLine HPOS="196" VPOS="524" ID="tl12-5" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="196" VPOS="524" ID="st12-38"/><SP/><String HEIGHT="23" CONTENT="neoliberal" WIDTH="104" HPOS="245" VPOS="524" ID="st12-39"/><SP/><String HEIGHT="23" CONTENT="austerity" WIDTH="90" HPOS="358" VPOS="524" ID="st12-40"/><SP/><String HEIGHT="23" CONTENT="programmes" WIDTH="134" HPOS="456" VPOS="524" ID="st12-41"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="599" VPOS="524" ID="st12-42"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="635" VPOS="524" ID="st12-43"/><SP/><String HEIGHT="23" CONTENT="part" WIDTH="43" HPOS="678" VPOS="524" ID="st12-44"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="729" VPOS="524" ID="st12-45"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="760" VPOS="524" ID="st12-46"/></TextLine><TextLine HPOS="196" VPOS="560" ID="tl12-6" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="European" WIDTH="102" HPOS="196" VPOS="560" ID="st12-47"/><SP/><String HEIGHT="23" CONTENT="Commission" WIDTH="131" HPOS="311" VPOS="560" ID="st12-48"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="455" VPOS="560" ID="st12-49"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="87" HPOS="509" VPOS="560" ID="st12-50"/><SP/><String HEIGHT="23" CONTENT="governments" WIDTH="140" HPOS="609" VPOS="560" ID="st12-51"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="762" VPOS="560" ID="st12-52"/></TextLine><TextLine HPOS="196" VPOS="596" ID="tl12-7" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="among" WIDTH="75" HPOS="196" VPOS="596" ID="st12-53"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="279" VPOS="596" ID="st12-54"/><SP/><String HEIGHT="23" CONTENT="main" WIDTH="52" HPOS="321" VPOS="596" ID="st12-55"/><SP/><String HEIGHT="23" CONTENT="challenges" WIDTH="111" HPOS="381" VPOS="596" ID="st12-56"/><SP/><String HEIGHT="23" CONTENT="confronting" WIDTH="125" HPOS="499" VPOS="596" ID="st12-57"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="631" VPOS="596" ID="st12-58"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="739" VPOS="596" ID="st12-59"/></TextLine><TextLine HPOS="196" VPOS="632" ID="tl12-8" WIDTH="143" HEIGHT="23"><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="196" VPOS="632" ID="st12-60"/><SP/><String HEIGHT="23" CONTENT="today" WIDTH="54" HPOS="274" VPOS="632" ID="st12-61"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="328" VPOS="632" ID="st12-62"/></TextLine><TextLine HPOS="196" VPOS="704" ID="tl12-9" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Against" WIDTH="81" HPOS="196" VPOS="704" ID="st12-63"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="282" VPOS="704" ID="st12-64"/><SP/><String HEIGHT="23" CONTENT="background" WIDTH="120" HPOS="325" VPOS="704" ID="st12-65"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="445" VPOS="704" ID="st12-66"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="464" VPOS="704" ID="st12-67"/><SP/><String HEIGHT="23" CONTENT="necessity" WIDTH="94" HPOS="504" VPOS="704" ID="st12-68"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="603" VPOS="704" ID="st12-69"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="100" HPOS="631" VPOS="704" ID="st12-70"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="737" VPOS="704" ID="st12-71"/></TextLine><TextLine HPOS="196" VPOS="740" ID="tl12-10" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="coordination" WIDTH="135" HPOS="196" VPOS="740" ID="st12-72"/><SP/><String HEIGHT="23" CONTENT="via" WIDTH="29" HPOS="338" VPOS="740" ID="st12-73"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="375" VPOS="740" ID="st12-74"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="417" VPOS="740" ID="st12-75"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="480" VPOS="740" ID="st12-76"/><SP/><String HEIGHT="23" CONTENT="stands" WIDTH="68" HPOS="558" VPOS="740" ID="st12-77"/><SP/><String HEIGHT="23" CONTENT="out" WIDTH="36" HPOS="634" VPOS="740" ID="st12-78"/><SP/><String HEIGHT="23" CONTENT="clearly" WIDTH="62" HPOS="677" VPOS="740" ID="st12-79"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="739" VPOS="740" ID="st12-80"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="756" VPOS="740" ID="st12-81"/></TextLine><TextLine HPOS="196" VPOS="776" ID="tl12-11" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="aim" WIDTH="39" HPOS="196" VPOS="776" ID="st12-82"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="243" VPOS="776" ID="st12-83"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="273" VPOS="776" ID="st12-84"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="315" VPOS="776" ID="st12-85"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="381" VPOS="776" ID="st12-86"/><SP/><String HEIGHT="23" CONTENT="rule" WIDTH="40" HPOS="523" VPOS="776" ID="st12-87"/><SP/><String HEIGHT="23" CONTENT="laid" WIDTH="38" HPOS="571" VPOS="776" ID="st12-88"/><SP/><String HEIGHT="23" CONTENT="down" WIDTH="61" HPOS="616" VPOS="776" ID="st12-89"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="685" VPOS="776" ID="st12-90"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="718" VPOS="776" ID="st12-91"/><SP/><String HEIGHT="23" CONTENT="Eu" WIDTH="24" HPOS="760" VPOS="776" ID="st12-92" SUBS_TYPE="HypPart1" SUBS_CONTENT="European"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="776" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="813" ID="tl12-12" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="ropean" WIDTH="75" HPOS="196" VPOS="813" ID="st12-93" SUBS_TYPE="HypPart2" SUBS_CONTENT="European"/><SP/><String HEIGHT="22" CONTENT="Metalworkers" WIDTH="141" HPOS="281" VPOS="813" ID="st12-94"/><String HEIGHT="22" CONTENT="’" WIDTH="12" HPOS="422" VPOS="813" ID="st12-95"/><SP/><String HEIGHT="22" CONTENT="Federation" WIDTH="113" HPOS="443" VPOS="813" ID="st12-96"/><String HEIGHT="22" CONTENT="(" WIDTH="11" HPOS="566" VPOS="813" ID="st12-97"/><String HEIGHT="22" CONTENT="EMF" WIDTH="36" HPOS="577" VPOS="813" ID="st12-98"/><String HEIGHT="22" CONTENT=")" WIDTH="12" HPOS="613" VPOS="813" ID="st12-99"/><SP/><String HEIGHT="22" CONTENT="is" WIDTH="16" HPOS="635" VPOS="813" ID="st12-100"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="23" HPOS="660" VPOS="813" ID="st12-101"/><SP/><String HEIGHT="22" CONTENT="prevent" WIDTH="80" HPOS="692" VPOS="813" ID="st12-102"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="782" VPOS="813" ID="st12-103"/></TextLine><TextLine HPOS="196" VPOS="849" ID="tl12-13" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="downward" WIDTH="115" HPOS="196" VPOS="849" ID="st12-104"/><SP/><String HEIGHT="23" CONTENT="spiral" WIDTH="56" HPOS="317" VPOS="849" ID="st12-105"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="378" VPOS="849" ID="st12-106"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="406" VPOS="849" ID="st12-107"/><SP/><String HEIGHT="23" CONTENT="undercutting" WIDTH="137" HPOS="471" VPOS="849" ID="st12-108"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="613" VPOS="849" ID="st12-109"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="660" VPOS="849" ID="st12-110"/><SP/><String HEIGHT="23" CONTENT="help" WIDTH="45" HPOS="688" VPOS="849" ID="st12-111"/><SP/><String HEIGHT="23" CONTENT="bring" WIDTH="56" HPOS="739" VPOS="849" ID="st12-112"/></TextLine><TextLine HPOS="196" VPOS="885" ID="tl12-14" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="living" WIDTH="57" HPOS="196" VPOS="885" ID="st12-113"/><SP/><String HEIGHT="23" CONTENT="standards" WIDTH="103" HPOS="267" VPOS="885" ID="st12-114"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="385" VPOS="885" ID="st12-115"/><SP/><String HEIGHT="23" CONTENT="employment/working" WIDTH="230" HPOS="440" VPOS="885" ID="st12-116"/><SP/><String HEIGHT="23" CONTENT="conditions" WIDTH="111" HPOS="684" VPOS="885" ID="st12-117"/></TextLine><TextLine HPOS="196" VPOS="921" ID="tl12-15" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="into" WIDTH="42" HPOS="196" VPOS="921" ID="st12-118"/><SP/><String HEIGHT="23" CONTENT="line" WIDTH="37" HPOS="249" VPOS="921" ID="st12-119"/><SP/><String HEIGHT="23" CONTENT="across" WIDTH="64" HPOS="297" VPOS="921" ID="st12-120"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="70" HPOS="372" VPOS="921" ID="st12-121"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="442" VPOS="921" ID="st12-122"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="464" VPOS="921" ID="st12-123"/><SP/><String HEIGHT="23" CONTENT="resolution" WIDTH="105" HPOS="514" VPOS="921" ID="st12-124"/><SP/><String HEIGHT="23" CONTENT="adopted" WIDTH="89" HPOS="629" VPOS="921" ID="st12-125"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="729" VPOS="921" ID="st12-126"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="760" VPOS="921" ID="st12-127"/></TextLine><TextLine HPOS="196" VPOS="957" ID="tl12-16" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="third" WIDTH="50" HPOS="196" VPOS="957" ID="st12-128"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="45" HPOS="254" VPOS="957" ID="st12-129"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="307" VPOS="957" ID="st12-130"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="412" VPOS="957" ID="st12-131"/><SP/><String HEIGHT="23" CONTENT="conference" WIDTH="117" HPOS="534" VPOS="957" ID="st12-132"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="659" VPOS="957" ID="st12-133"/><SP/><String HEIGHT="23" CONTENT="December" WIDTH="109" HPOS="686" VPOS="957" ID="st12-134"/></TextLine><TextLine HPOS="196" VPOS="993" ID="tl12-17" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="1998" WIDTH="56" HPOS="196" VPOS="993" ID="st12-135"/><SP/><String HEIGHT="23" CONTENT="stressed" WIDTH="85" HPOS="260" VPOS="993" ID="st12-136"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="353" VPOS="993" ID="st12-137"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="405" VPOS="993" ID="st12-138"/><SP/><String HEIGHT="23" CONTENT="idea" WIDTH="44" HPOS="448" VPOS="993" ID="st12-139"/><SP/><String HEIGHT="23" CONTENT="underlying" WIDTH="112" HPOS="501" VPOS="993" ID="st12-140"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="622" VPOS="993" ID="st12-141"/><SP/><String HEIGHT="23" CONTENT="coordinated" WIDTH="128" HPOS="667" VPOS="993" ID="st12-142"/></TextLine><TextLine HPOS="196" VPOS="1029" ID="tl12-18" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="196" VPOS="1029" ID="st12-143"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="303" VPOS="1029" ID="st12-144"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="406" VPOS="1029" ID="st12-145"/><SP/><String HEIGHT="23" CONTENT="strategy" WIDTH="85" HPOS="526" VPOS="1029" ID="st12-146"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="617" VPOS="1029" ID="st12-147"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="638" VPOS="1029" ID="st12-148"/><String HEIGHT="23" CONTENT="»" WIDTH="12" HPOS="666" VPOS="1029" ID="st12-149"/><String HEIGHT="23" CONTENT="support" WIDTH="84" HPOS="678" VPOS="1029" ID="st12-150"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="768" VPOS="1029" ID="st12-151"/></TextLine><TextLine HPOS="196" VPOS="1065" ID="tl12-19" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="autonomous" WIDTH="129" HPOS="196" VPOS="1065" ID="st12-152"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="325" VPOS="1065" ID="st12-153"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="73" HPOS="350" VPOS="1065" ID="st12-154"/><String HEIGHT="23" CONTENT="-" WIDTH="12" HPOS="423" VPOS="1065" ID="st12-155"/><String HEIGHT="23" CONTENT="wide" WIDTH="49" HPOS="435" VPOS="1065" ID="st12-156"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="495" VPOS="1065" ID="st12-157"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="562" VPOS="1065" ID="st12-158"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="634" VPOS="1065" ID="st12-159"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="704" VPOS="1065" ID="st12-160"/><SP/><String HEIGHT="23" CONTENT="col" WIDTH="30" HPOS="756" VPOS="1065" ID="st12-161" SUBS_TYPE="HypPart1" SUBS_CONTENT="collective"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1065" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1101" ID="tl12-20" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="lective" WIDTH="67" HPOS="196" VPOS="1101" ID="st12-162" SUBS_TYPE="HypPart2" SUBS_CONTENT="collective"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="273" VPOS="1101" ID="st12-163"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="397" VPOS="1101" ID="st12-164"/><SP/><String HEIGHT="23" CONTENT="oriented" WIDTH="88" HPOS="468" VPOS="1101" ID="st12-165"/><SP/><String HEIGHT="23" CONTENT="towards" WIDTH="86" HPOS="566" VPOS="1101" ID="st12-166"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="662" VPOS="1101" ID="st12-167"/><SP/><String HEIGHT="23" CONTENT="interests" WIDTH="89" HPOS="706" VPOS="1101" ID="st12-168"/></TextLine><TextLine HPOS="196" VPOS="1138" ID="tl12-21" WIDTH="135" HEIGHT="22"><String HEIGHT="22" CONTENT="of" WIDTH="23" HPOS="196" VPOS="1138" ID="st12-169"/><SP/><String HEIGHT="22" CONTENT="workers" WIDTH="81" HPOS="226" VPOS="1138" ID="st12-170"/><String HEIGHT="22" CONTENT="«" WIDTH="12" HPOS="307" VPOS="1138" ID="st12-171"/><String HEIGHT="22" CONTENT="." WIDTH="12" HPOS="319" VPOS="1138" ID="st12-172"/></TextLine><TextLine HPOS="331" VPOS="1137" ID="tl12-22" WIDTH="8" HEIGHT="13"><String HEIGHT="13" CONTENT="8" WIDTH="8" HPOS="331" VPOS="1137" ID="st12-173"/></TextLine><TextLine HPOS="196" VPOS="1210" ID="tl12-23" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Toralf" WIDTH="59" HPOS="196" VPOS="1210" ID="st12-174"/><SP/><String HEIGHT="23" CONTENT="Pusch" WIDTH="61" HPOS="262" VPOS="1210" ID="st12-175"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="331" VPOS="1210" ID="st12-176"/><SP/><String HEIGHT="23" CONTENT="his" WIDTH="29" HPOS="358" VPOS="1210" ID="st12-177"/><SP/><String HEIGHT="23" CONTENT="study" WIDTH="56" HPOS="395" VPOS="1210" ID="st12-178"/><SP/><String HEIGHT="23" CONTENT="rightly" WIDTH="67" HPOS="459" VPOS="1210" ID="st12-179"/><SP/><String HEIGHT="23" CONTENT="affirms" WIDTH="73" HPOS="533" VPOS="1210" ID="st12-180"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="614" VPOS="1210" ID="st12-181"/><SP/><String HEIGHT="23" CONTENT="need" WIDTH="53" HPOS="656" VPOS="1210" ID="st12-182"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="716" VPOS="1210" ID="st12-183"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="754" VPOS="1210" ID="st12-184"/></TextLine><TextLine HPOS="196" VPOS="1246" ID="tl12-24" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="possibility" WIDTH="103" HPOS="196" VPOS="1246" ID="st12-185"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="304" VPOS="1246" ID="st12-186"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="331" VPOS="1246" ID="st12-187"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="437" VPOS="1246" ID="st12-188"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="576" VPOS="1246" ID="st12-189"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="604" VPOS="1246" ID="st12-190"/><SP/><String HEIGHT="23" CONTENT="bargain" WIDTH="78" HPOS="706" VPOS="1246" ID="st12-191" SUBS_TYPE="HypPart1" SUBS_CONTENT="bargaining"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1246" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1282" ID="tl12-25" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ing" WIDTH="30" HPOS="196" VPOS="1282" ID="st12-192" SUBS_TYPE="HypPart2" SUBS_CONTENT="bargaining"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="226" VPOS="1282" ID="st12-193"/><SP/><String HEIGHT="23" CONTENT="However" WIDTH="86" HPOS="242" VPOS="1282" ID="st12-194"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="328" VPOS="1282" ID="st12-195"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="347" VPOS="1282" ID="st12-196"/><SP/><String HEIGHT="23" CONTENT="number" WIDTH="84" HPOS="364" VPOS="1282" ID="st12-197"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="453" VPOS="1282" ID="st12-198"/><SP/><String HEIGHT="23" CONTENT="critical" WIDTH="68" HPOS="481" VPOS="1282" ID="st12-199"/><SP/><String HEIGHT="23" CONTENT="comments" WIDTH="111" HPOS="554" VPOS="1282" ID="st12-200"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="671" VPOS="1282" ID="st12-201"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="709" VPOS="1282" ID="st12-202"/><SP/><String HEIGHT="23" CONTENT="order" WIDTH="50" HPOS="734" VPOS="1282" ID="st12-203"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="784" VPOS="1282" ID="st12-204"/></TextLine><TextLine HPOS="196" VPOS="1354" ID="tl12-26" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="196" VPOS="1354" ID="st12-205"/><SP/><String HEIGHT="23" CONTENT="its" WIDTH="24" HPOS="225" VPOS="1354" ID="st12-206"/><SP/><String HEIGHT="23" CONTENT="empirical" WIDTH="95" HPOS="259" VPOS="1354" ID="st12-207"/><SP/><String HEIGHT="23" CONTENT="examination" WIDTH="131" HPOS="364" VPOS="1354" ID="st12-208"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="504" VPOS="1354" ID="st12-209"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="536" VPOS="1354" ID="st12-210"/><SP/><String HEIGHT="23" CONTENT="effects" WIDTH="71" HPOS="580" VPOS="1354" ID="st12-211"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="660" VPOS="1354" ID="st12-212"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="692" VPOS="1354" ID="st12-213"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="736" VPOS="1354" ID="st12-214"/></TextLine><TextLine HPOS="196" VPOS="1390" ID="tl12-27" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="coordination" WIDTH="135" HPOS="196" VPOS="1390" ID="st12-215"/><SP/><String HEIGHT="23" CONTENT="rule" WIDTH="40" HPOS="340" VPOS="1390" ID="st12-216"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="390" VPOS="1390" ID="st12-217"/><SP/><String HEIGHT="23" CONTENT="study" WIDTH="57" HPOS="434" VPOS="1390" ID="st12-218"/><SP/><String HEIGHT="23" CONTENT="relies" WIDTH="53" HPOS="501" VPOS="1390" ID="st12-219"/><SP/><String HEIGHT="23" CONTENT="solely" WIDTH="58" HPOS="564" VPOS="1390" ID="st12-220"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="632" VPOS="1390" ID="st12-221"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="669" VPOS="1390" ID="st12-222"/><SP/><String HEIGHT="23" CONTENT="cross" WIDTH="52" HPOS="691" VPOS="1390" ID="st12-223"/><String HEIGHT="23" CONTENT="-" WIDTH="10" HPOS="743" VPOS="1390" ID="st12-224"/><String HEIGHT="23" CONTENT="bor" WIDTH="32" HPOS="753" VPOS="1390" ID="st12-225" SUBS_TYPE="HypPart1" SUBS_CONTENT="border"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="1390" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1426" ID="tl12-28" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="der" WIDTH="35" HPOS="196" VPOS="1426" ID="st12-226" SUBS_TYPE="HypPart2" SUBS_CONTENT="border"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="240" VPOS="1426" ID="st12-227"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="339" VPOS="1426" ID="st12-228"/><String HEIGHT="23" CONTENT="IG" WIDTH="20" HPOS="349" VPOS="1426" ID="st12-229"/><SP/><String HEIGHT="23" CONTENT="Metall" WIDTH="66" HPOS="379" VPOS="1426" ID="st12-230"/><SP/><String HEIGHT="23" CONTENT="North" WIDTH="61" HPOS="455" VPOS="1426" ID="st12-231"/><SP/><String HEIGHT="23" CONTENT="Rhine" WIDTH="58" HPOS="525" VPOS="1426" ID="st12-232"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="583" VPOS="1426" ID="st12-233"/><String HEIGHT="23" CONTENT="Westphalia" WIDTH="117" HPOS="594" VPOS="1426" ID="st12-234"/><SP/><String HEIGHT="23" CONTENT="region" WIDTH="64" HPOS="720" VPOS="1426" ID="st12-235"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="784" VPOS="1426" ID="st12-236"/></TextLine><TextLine HPOS="196" VPOS="1463" ID="tl12-29" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="CCMB" WIDTH="61" HPOS="196" VPOS="1463" ID="st12-237"/><String HEIGHT="22" CONTENT="," WIDTH="16" HPOS="257" VPOS="1463" ID="st12-238"/><SP/><String HEIGHT="22" CONTENT="CMB" WIDTH="45" HPOS="286" VPOS="1463" ID="st12-239"/><String HEIGHT="22" CONTENT="," WIDTH="15" HPOS="331" VPOS="1463" ID="st12-240"/><SP/><String HEIGHT="22" CONTENT="FNV" WIDTH="43" HPOS="359" VPOS="1463" ID="st12-241"/><SP/><String HEIGHT="22" CONTENT="Bondgenoten" WIDTH="146" HPOS="415" VPOS="1463" ID="st12-242"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="41" HPOS="573" VPOS="1463" ID="st12-243"/><SP/><String HEIGHT="22" CONTENT="CNV" WIDTH="49" HPOS="627" VPOS="1463" ID="st12-244"/><SP/><String HEIGHT="22" CONTENT="Bedrijven" WIDTH="96" HPOS="689" VPOS="1463" ID="st12-245" SUBS_TYPE="HypPart1" SUBS_CONTENT="Bedrijvenbond"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="1463" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="1499" ID="tl12-30" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="bond" WIDTH="46" HPOS="196" VPOS="1499" ID="st12-246" SUBS_TYPE="HypPart2" SUBS_CONTENT="Bedrijvenbond"/><String HEIGHT="23" CONTENT=")" WIDTH="12" HPOS="242" VPOS="1499" ID="st12-247"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="254" VPOS="1499" ID="st12-248"/><SP/><String HEIGHT="23" CONTENT="However" WIDTH="86" HPOS="273" VPOS="1499" ID="st12-249"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="359" VPOS="1499" ID="st12-250"/><SP/><String HEIGHT="23" CONTENT="there" WIDTH="55" HPOS="379" VPOS="1499" ID="st12-251"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="441" VPOS="1499" ID="st12-252"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="481" VPOS="1499" ID="st12-253"/><SP/><String HEIGHT="23" CONTENT="networks" WIDTH="98" HPOS="546" VPOS="1499" ID="st12-254"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="651" VPOS="1499" ID="st12-255"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="678" VPOS="1499" ID="st12-256"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="46" HPOS="749" VPOS="1499" ID="st12-257"/></TextLine><TextLine HPOS="196" VPOS="1535" ID="tl12-31" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="member" WIDTH="89" HPOS="196" VPOS="1535" ID="st12-258"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="293" VPOS="1535" ID="st12-259"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="356" VPOS="1535" ID="st12-260"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="32" HPOS="435" VPOS="1535" ID="st12-261"/><SP/><String HEIGHT="23" CONTENT="participating" WIDTH="130" HPOS="475" VPOS="1535" ID="st12-262"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="605" VPOS="1535" ID="st12-263"/><SP/><String HEIGHT="23" CONTENT="such" WIDTH="49" HPOS="623" VPOS="1535" ID="st12-264"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="679" VPOS="1535" ID="st12-265"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="709" VPOS="1535" ID="st12-266"/><String HEIGHT="23" CONTENT="»" WIDTH="10" HPOS="752" VPOS="1535" ID="st12-267"/><String HEIGHT="23" CONTENT="Vi" WIDTH="22" HPOS="762" VPOS="1535" ID="st12-268" SUBS_TYPE="HypPart1" SUBS_CONTENT="Vienna"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1535" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1571" ID="tl12-32" WIDTH="312" HEIGHT="23"><String HEIGHT="23" CONTENT="enna" WIDTH="53" HPOS="196" VPOS="1571" ID="st12-269" SUBS_TYPE="HypPart2" SUBS_CONTENT="Vienna"/><SP/><String HEIGHT="23" CONTENT="Memorandum" WIDTH="153" HPOS="258" VPOS="1571" ID="st12-270"/><SP/><String HEIGHT="23" CONTENT="Group" WIDTH="62" HPOS="420" VPOS="1571" ID="st12-271"/><String HEIGHT="23" CONTENT="«" WIDTH="13" HPOS="482" VPOS="1571" ID="st12-272"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="495" VPOS="1571" ID="st12-273"/></TextLine><TextLine HPOS="508" VPOS="1570" ID="tl12-33" WIDTH="8" HEIGHT="13"><String HEIGHT="13" CONTENT="9" WIDTH="8" HPOS="508" VPOS="1570" ID="st12-274"/></TextLine><TextLine HPOS="525" VPOS="1571" ID="tl12-34" WIDTH="270" HEIGHT="23"><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="525" VPOS="1571" ID="st12-275"/><SP/><String HEIGHT="23" CONTENT="addition" WIDTH="83" HPOS="554" VPOS="1571" ID="st12-276"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="637" VPOS="1571" ID="st12-277"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="48" HPOS="657" VPOS="1571" ID="st12-278"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="714" VPOS="1571" ID="st12-279"/><SP/><String HEIGHT="23" CONTENT="EU" WIDTH="26" HPOS="757" VPOS="1571" ID="st12-280" SUBS_TYPE="HypPart1" SUBS_CONTENT="EUCOBAN"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1571" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1607" ID="tl12-35" WIDTH="179" HEIGHT="23"><String HEIGHT="23" CONTENT="COBAN" WIDTH="82" HPOS="196" VPOS="1607" ID="st12-281" SUBS_TYPE="HypPart2" SUBS_CONTENT="EUCOBAN"/><SP/><String HEIGHT="23" CONTENT="network" WIDTH="89" HPOS="286" VPOS="1607" ID="st12-282"/></TextLine><TextLine HPOS="375" VPOS="1606" ID="tl12-36" WIDTH="16" HEIGHT="13"><String HEIGHT="13" CONTENT="10" WIDTH="16" HPOS="375" VPOS="1606" ID="st12-283"/></TextLine><TextLine HPOS="398" VPOS="1607" ID="tl12-37" WIDTH="397" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="398" VPOS="1607" ID="st12-284"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="46" HPOS="440" VPOS="1607" ID="st12-285"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="493" VPOS="1607" ID="st12-286"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="537" VPOS="1607" ID="st12-287"/><SP/><String HEIGHT="23" CONTENT="instrument" WIDTH="116" HPOS="570" VPOS="1607" ID="st12-288"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="693" VPOS="1607" ID="st12-289"/><SP/><String HEIGHT="23" CONTENT="means" WIDTH="70" HPOS="725" VPOS="1607" ID="st12-290"/></TextLine><TextLine HPOS="196" VPOS="1643" ID="tl12-38" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="196" VPOS="1643" ID="st12-291"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="225" VPOS="1643" ID="st12-292"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="295" VPOS="1643" ID="st12-293"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="315" VPOS="1643" ID="st12-294"/><SP/><String HEIGHT="23" CONTENT="regularly" WIDTH="91" HPOS="359" VPOS="1643" ID="st12-295"/><SP/><String HEIGHT="23" CONTENT="scrutinise" WIDTH="99" HPOS="456" VPOS="1643" ID="st12-296"/><SP/><String HEIGHT="23" CONTENT="how" WIDTH="47" HPOS="561" VPOS="1643" ID="st12-297"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="615" VPOS="1643" ID="st12-298"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="656" VPOS="1643" ID="st12-299"/><SP/><String HEIGHT="23" CONTENT="coordi" WIDTH="65" HPOS="720" VPOS="1643" ID="st12-300" SUBS_TYPE="HypPart1" SUBS_CONTENT="coordination"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="1643" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1679" ID="tl12-39" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="nation" WIDTH="68" HPOS="196" VPOS="1679" ID="st12-301" SUBS_TYPE="HypPart2" SUBS_CONTENT="coordination"/><SP/><String HEIGHT="23" CONTENT="rule" WIDTH="40" HPOS="272" VPOS="1679" ID="st12-302"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="319" VPOS="1679" ID="st12-303"/><SP/><String HEIGHT="23" CONTENT="working" WIDTH="82" HPOS="342" VPOS="1679" ID="st12-304"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="424" VPOS="1679" ID="st12-305"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="443" VPOS="1679" ID="st12-306"/><SP/><String HEIGHT="23" CONTENT="empirical" WIDTH="96" HPOS="489" VPOS="1679" ID="st12-307"/><SP/><String HEIGHT="23" CONTENT="basis" WIDTH="51" HPOS="593" VPOS="1679" ID="st12-308"/><SP/><String HEIGHT="23" CONTENT="utilised" WIDTH="75" HPOS="651" VPOS="1679" ID="st12-309"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="733" VPOS="1679" ID="st12-310"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="760" VPOS="1679" ID="st12-311"/></TextLine><TextLine HPOS="196" VPOS="1715" ID="tl12-40" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="study" WIDTH="57" HPOS="196" VPOS="1715" ID="st12-312"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="260" VPOS="1715" ID="st12-313"/><SP/><String HEIGHT="23" CONTENT="inadequate" WIDTH="120" HPOS="281" VPOS="1715" ID="st12-314"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="407" VPOS="1715" ID="st12-315"/><SP/><String HEIGHT="23" CONTENT="assessing" WIDTH="98" HPOS="444" VPOS="1715" ID="st12-316"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="548" VPOS="1715" ID="st12-317"/><SP/><String HEIGHT="23" CONTENT="situation" WIDTH="92" HPOS="589" VPOS="1715" ID="st12-318"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="687" VPOS="1715" ID="st12-319"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="70" HPOS="713" VPOS="1715" ID="st12-320"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="783" VPOS="1715" ID="st12-321"/></TextLine><TextLine HPOS="196" VPOS="1844" ID="tl12-41" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="8" WIDTH="8" HPOS="196" VPOS="1844" ID="st12-322"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="204" VPOS="1844" ID="st12-323"/><SP/><String HEIGHT="18" CONTENT="EMF" WIDTH="35" HPOS="228" VPOS="1844" ID="st12-324"/><SP/><String HEIGHT="18" CONTENT="1998" WIDTH="39" HPOS="271" VPOS="1844" ID="st12-325"/><String HEIGHT="18" CONTENT=":" WIDTH="10" HPOS="310" VPOS="1844" ID="st12-326"/><SP/><String HEIGHT="18" CONTENT="Resolution" WIDTH="87" HPOS="327" VPOS="1844" ID="st12-327"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="421" VPOS="1844" ID="st12-328"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="446" VPOS="1844" ID="st12-329"/><SP/><String HEIGHT="18" CONTENT="3rd" WIDTH="28" HPOS="480" VPOS="1844" ID="st12-330"/><SP/><String HEIGHT="18" CONTENT="Collective" WIDTH="80" HPOS="515" VPOS="1844" ID="st12-331"/><SP/><String HEIGHT="18" CONTENT="Bargaining" WIDTH="88" HPOS="603" VPOS="1844" ID="st12-332"/><SP/><String HEIGHT="18" CONTENT="Conference" WIDTH="96" HPOS="699" VPOS="1844" ID="st12-333"/></TextLine><TextLine HPOS="196" VPOS="1867" ID="tl12-42" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="of" WIDTH="18" HPOS="196" VPOS="1867" ID="st12-334"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="220" VPOS="1867" ID="st12-335"/><SP/><String HEIGHT="18" CONTENT="EMF" WIDTH="29" HPOS="253" VPOS="1867" ID="st12-336"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="282" VPOS="1867" ID="st12-337"/><SP/><String HEIGHT="18" CONTENT="Frankfurt/Main" WIDTH="120" HPOS="298" VPOS="1867" ID="st12-338"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="418" VPOS="1867" ID="st12-339"/><SP/><String HEIGHT="18" CONTENT="9" WIDTH="8" HPOS="433" VPOS="1867" ID="st12-340"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="441" VPOS="1867" ID="st12-341"/><String HEIGHT="18" CONTENT="/10" WIDTH="27" HPOS="450" VPOS="1867" ID="st12-342"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="477" VPOS="1867" ID="st12-343"/><String HEIGHT="18" CONTENT="12" WIDTH="18" HPOS="486" VPOS="1867" ID="st12-344"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="504" VPOS="1867" ID="st12-345"/><String HEIGHT="18" CONTENT="1998" WIDTH="36" HPOS="513" VPOS="1867" ID="st12-346"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="549" VPOS="1867" ID="st12-347"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="14" HPOS="564" VPOS="1867" ID="st12-348"/><String HEIGHT="18" CONTENT=":" WIDTH="7" HPOS="578" VPOS="1867" ID="st12-349"/><SP/><String HEIGHT="18" CONTENT="European" WIDTH="79" HPOS="591" VPOS="1867" ID="st12-350"/><SP/><String HEIGHT="18" CONTENT="Metalworkers" WIDTH="109" HPOS="676" VPOS="1867" ID="st12-351"/><String HEIGHT="18" CONTENT="’" WIDTH="10" HPOS="785" VPOS="1867" ID="st12-352"/></TextLine><TextLine HPOS="196" VPOS="1890" ID="tl12-43" WIDTH="365" HEIGHT="18"><String HEIGHT="18" CONTENT="Federation" WIDTH="88" HPOS="196" VPOS="1890" ID="st12-353"/><String HEIGHT="18" CONTENT="(" WIDTH="7" HPOS="289" VPOS="1890" ID="st12-354"/><String HEIGHT="18" CONTENT="ed" WIDTH="14" HPOS="296" VPOS="1890" ID="st12-355"/><String HEIGHT="18" CONTENT="." WIDTH="7" HPOS="310" VPOS="1890" ID="st12-356"/><String HEIGHT="18" CONTENT=")" WIDTH="7" HPOS="317" VPOS="1890" ID="st12-357"/><String HEIGHT="18" CONTENT=":" WIDTH="7" HPOS="324" VPOS="1890" ID="st12-358"/><SP/><String HEIGHT="18" CONTENT="Milestones" WIDTH="85" HPOS="337" VPOS="1890" ID="st12-359"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="422" VPOS="1890" ID="st12-360"/><SP/><String HEIGHT="18" CONTENT="Brussels" WIDTH="62" HPOS="436" VPOS="1890" ID="st12-361"/><String HEIGHT="18" CONTENT="," WIDTH="8" HPOS="498" VPOS="1890" ID="st12-362"/><SP/><String HEIGHT="18" CONTENT="2006" WIDTH="39" HPOS="512" VPOS="1890" ID="st12-363"/><String HEIGHT="18" CONTENT="." WIDTH="10" HPOS="551" VPOS="1890" ID="st12-364"/></TextLine><TextLine HPOS="196" VPOS="1922" ID="tl12-44" WIDTH="599" HEIGHT="17"><String HEIGHT="17" CONTENT="9" WIDTH="8" HPOS="196" VPOS="1922" ID="st12-365"/><String HEIGHT="17" CONTENT="." WIDTH="9" HPOS="204" VPOS="1922" ID="st12-366"/><SP/><String HEIGHT="17" CONTENT="In" WIDTH="15" HPOS="228" VPOS="1922" ID="st12-367"/><SP/><String HEIGHT="17" CONTENT="the" WIDTH="27" HPOS="256" VPOS="1922" ID="st12-368"/><String HEIGHT="17" CONTENT="»" WIDTH="10" HPOS="296" VPOS="1922" ID="st12-369"/><String HEIGHT="17" CONTENT="Wiener" WIDTH="62" HPOS="306" VPOS="1922" ID="st12-370"/><SP/><String HEIGHT="17" CONTENT="Memorandum" WIDTH="118" HPOS="381" VPOS="1922" ID="st12-371"/><String HEIGHT="17" CONTENT="«" WIDTH="12" HPOS="499" VPOS="1922" ID="st12-372"/><String HEIGHT="17" CONTENT="(" WIDTH="9" HPOS="524" VPOS="1922" ID="st12-373"/><String HEIGHT="17" CONTENT="Vienna" WIDTH="55" HPOS="533" VPOS="1922" ID="st12-374"/><SP/><String HEIGHT="17" CONTENT="Memorandum" WIDTH="113" HPOS="601" VPOS="1922" ID="st12-375"/><String HEIGHT="17" CONTENT=")" WIDTH="12" HPOS="714" VPOS="1922" ID="st12-376"/><SP/><String HEIGHT="17" CONTENT="group" WIDTH="46" HPOS="739" VPOS="1922" ID="st12-377"/><String HEIGHT="17" CONTENT="," WIDTH="10" HPOS="785" VPOS="1922" ID="st12-378"/></TextLine><TextLine HPOS="196" VPOS="1945" ID="tl12-45" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="formed" WIDTH="61" HPOS="196" VPOS="1945" ID="st12-379"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="264" VPOS="1945" ID="st12-380"/><SP/><String HEIGHT="18" CONTENT="1999" WIDTH="39" HPOS="286" VPOS="1945" ID="st12-381"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="325" VPOS="1945" ID="st12-382"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="342" VPOS="1945" ID="st12-383"/><SP/><String HEIGHT="18" CONTENT="following" WIDTH="78" HPOS="376" VPOS="1945" ID="st12-384"/><SP/><String HEIGHT="18" CONTENT="trade" WIDTH="44" HPOS="461" VPOS="1945" ID="st12-385"/><SP/><String HEIGHT="18" CONTENT="unions" WIDTH="55" HPOS="512" VPOS="1945" ID="st12-386"/><SP/><String HEIGHT="18" CONTENT="are" WIDTH="26" HPOS="574" VPOS="1945" ID="st12-387"/><SP/><String HEIGHT="18" CONTENT="represented" WIDTH="94" HPOS="607" VPOS="1945" ID="st12-388"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="701" VPOS="1945" ID="st12-389"/><SP/><String HEIGHT="18" CONTENT="IG" WIDTH="19" HPOS="717" VPOS="1945" ID="st12-390"/><SP/><String HEIGHT="18" CONTENT="Metall" WIDTH="52" HPOS="743" VPOS="1945" ID="st12-391"/></TextLine><TextLine HPOS="196" VPOS="1968" ID="tl12-46" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="(" WIDTH="9" HPOS="196" VPOS="1968" ID="st12-392"/><String HEIGHT="18" CONTENT="Germany" WIDTH="64" HPOS="205" VPOS="1968" ID="st12-393"/><String HEIGHT="18" CONTENT=")" WIDTH="9" HPOS="269" VPOS="1968" ID="st12-394"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="278" VPOS="1968" ID="st12-395"/><SP/><String HEIGHT="18" CONTENT="PRO" WIDTH="32" HPOS="294" VPOS="1968" ID="st12-396"/><String HEIGHT="18" CONTENT="-" WIDTH="10" HPOS="326" VPOS="1968" ID="st12-397"/><String HEIGHT="18" CONTENT="GE" WIDTH="22" HPOS="336" VPOS="1968" ID="st12-398"/><String HEIGHT="18" CONTENT="(" WIDTH="7" HPOS="364" VPOS="1968" ID="st12-399"/><String HEIGHT="18" CONTENT="Austria" WIDTH="53" HPOS="371" VPOS="1968" ID="st12-400"/><String HEIGHT="18" CONTENT=")" WIDTH="7" HPOS="424" VPOS="1968" ID="st12-401"/><String HEIGHT="18" CONTENT="," WIDTH="8" HPOS="431" VPOS="1968" ID="st12-402"/><SP/><String HEIGHT="18" CONTENT="OZ" WIDTH="24" HPOS="444" VPOS="1968" ID="st12-403"/><SP/><String HEIGHT="18" CONTENT="KOVO" WIDTH="52" HPOS="473" VPOS="1968" ID="st12-404"/><String HEIGHT="18" CONTENT="(" WIDTH="7" HPOS="531" VPOS="1968" ID="st12-405"/><String HEIGHT="18" CONTENT="Slovakia" WIDTH="60" HPOS="538" VPOS="1968" ID="st12-406"/><String HEIGHT="18" CONTENT=")" WIDTH="8" HPOS="598" VPOS="1968" ID="st12-407"/><String HEIGHT="18" CONTENT="," WIDTH="8" HPOS="606" VPOS="1968" ID="st12-408"/><SP/><String HEIGHT="18" CONTENT="OS" WIDTH="24" HPOS="619" VPOS="1968" ID="st12-409"/><SP/><String HEIGHT="18" CONTENT="KOVO" WIDTH="52" HPOS="649" VPOS="1968" ID="st12-410"/><String HEIGHT="18" CONTENT="(" WIDTH="9" HPOS="706" VPOS="1968" ID="st12-411"/><String HEIGHT="18" CONTENT="Czech" WIDTH="47" HPOS="715" VPOS="1968" ID="st12-412"/><SP/><String HEIGHT="18" CONTENT="Re" WIDTH="18" HPOS="768" VPOS="1968" ID="st12-413" SUBS_TYPE="HypPart1" SUBS_CONTENT="Republic"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1968" HEIGHT="18"/></TextLine><TextLine HPOS="196" VPOS="1992" ID="tl12-47" WIDTH="376" HEIGHT="17"><String HEIGHT="17" CONTENT="public" WIDTH="45" HPOS="196" VPOS="1992" ID="st12-414" SUBS_TYPE="HypPart2" SUBS_CONTENT="Republic"/><String HEIGHT="17" CONTENT=")" WIDTH="8" HPOS="241" VPOS="1992" ID="st12-415"/><String HEIGHT="17" CONTENT="," WIDTH="8" HPOS="249" VPOS="1992" ID="st12-416"/><SP/><String HEIGHT="17" CONTENT="VASAS" WIDTH="56" HPOS="262" VPOS="1992" ID="st12-417"/><String HEIGHT="17" CONTENT="(" WIDTH="9" HPOS="324" VPOS="1992" ID="st12-418"/><String HEIGHT="17" CONTENT="Hungary" WIDTH="63" HPOS="333" VPOS="1992" ID="st12-419"/><String HEIGHT="17" CONTENT=")" WIDTH="9" HPOS="396" VPOS="1992" ID="st12-420"/><SP/><String HEIGHT="17" CONTENT="and" WIDTH="32" HPOS="410" VPOS="1992" ID="st12-421"/><SP/><String HEIGHT="17" CONTENT="SKEI" WIDTH="36" HPOS="447" VPOS="1992" ID="st12-422"/><String HEIGHT="17" CONTENT="(" WIDTH="7" HPOS="488" VPOS="1992" ID="st12-423"/><String HEIGHT="17" CONTENT="Slovenia" WIDTH="61" HPOS="495" VPOS="1992" ID="st12-424"/><String HEIGHT="17" CONTENT=")" WIDTH="8" HPOS="556" VPOS="1992" ID="st12-425"/><String HEIGHT="17" CONTENT="." WIDTH="8" HPOS="564" VPOS="1992" ID="st12-426"/></TextLine><TextLine HPOS="196" VPOS="2023" ID="tl12-48" WIDTH="599" HEIGHT="18"><String HEIGHT="18" CONTENT="10" WIDTH="18" HPOS="196" VPOS="2023" ID="st12-427"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="214" VPOS="2023" ID="st12-428"/><SP/><String HEIGHT="18" CONTENT="The" WIDTH="30" HPOS="232" VPOS="2023" ID="st12-429"/><SP/><String HEIGHT="18" CONTENT="EUCOBAN" WIDTH="87" HPOS="266" VPOS="2023" ID="st12-430"/><SP/><String HEIGHT="18" CONTENT="network" WIDTH="69" HPOS="357" VPOS="2023" ID="st12-431"/><SP/><String HEIGHT="18" CONTENT="coordinates" WIDTH="96" HPOS="430" VPOS="2023" ID="st12-432"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="530" VPOS="2023" ID="st12-433"/><SP/><String HEIGHT="18" CONTENT="four" WIDTH="35" HPOS="561" VPOS="2023" ID="st12-434"/><SP/><String HEIGHT="18" CONTENT="European" WIDTH="78" HPOS="600" VPOS="2023" ID="st12-435"/><SP/><String HEIGHT="18" CONTENT="industrial" WIDTH="76" HPOS="682" VPOS="2023" ID="st12-436"/><SP/><String HEIGHT="18" CONTENT="sec" WIDTH="25" HPOS="762" VPOS="2023" ID="st12-437" SUBS_TYPE="HypPart1" SUBS_CONTENT="sector"/><HYP CONTENT="-" WIDTH="8" HPOS="787" VPOS="2023" HEIGHT="18"/></TextLine><TextLine HPOS="196" VPOS="2046" ID="tl12-49" WIDTH="378" HEIGHT="18"><String HEIGHT="18" CONTENT="tor" WIDTH="24" HPOS="196" VPOS="2046" ID="st12-438" SUBS_TYPE="HypPart2" SUBS_CONTENT="sector"/><SP/><String HEIGHT="18" CONTENT="federations" WIDTH="89" HPOS="226" VPOS="2046" ID="st12-439"/><String HEIGHT="18" CONTENT=":" WIDTH="9" HPOS="315" VPOS="2046" ID="st12-440"/><SP/><String HEIGHT="18" CONTENT="EFFAT" WIDTH="42" HPOS="329" VPOS="2046" ID="st12-441"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="371" VPOS="2046" ID="st12-442"/><SP/><String HEIGHT="18" CONTENT="EMCEF" WIDTH="50" HPOS="385" VPOS="2046" ID="st12-443"/><String HEIGHT="18" CONTENT="," WIDTH="11" HPOS="435" VPOS="2046" ID="st12-444"/><SP/><String HEIGHT="18" CONTENT="EMF" WIDTH="35" HPOS="452" VPOS="2046" ID="st12-445"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="31" HPOS="493" VPOS="2046" ID="st12-446"/><SP/><String HEIGHT="18" CONTENT="ETUF" WIDTH="35" HPOS="530" VPOS="2046" ID="st12-447"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="565" VPOS="2046" ID="st12-448"/></TextLine><TextLine HPOS="858" VPOS="488" ID="tl12-50" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="The" WIDTH="39" HPOS="858" VPOS="488" ID="st12-449"/><SP/><String HEIGHT="22" CONTENT="conclusion" WIDTH="112" HPOS="901" VPOS="488" ID="st12-450"/><SP/><String HEIGHT="22" CONTENT="that" WIDTH="43" HPOS="1018" VPOS="488" ID="st12-451"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1066" VPOS="488" ID="st12-452"/><SP/><String HEIGHT="22" CONTENT="ECB" WIDTH="34" HPOS="1105" VPOS="488" ID="st12-453"/><String HEIGHT="22" CONTENT="’" WIDTH="11" HPOS="1139" VPOS="488" ID="st12-454"/><String HEIGHT="22" CONTENT="s" WIDTH="12" HPOS="1150" VPOS="488" ID="st12-455"/><SP/><String HEIGHT="22" CONTENT="target" WIDTH="64" HPOS="1167" VPOS="488" ID="st12-456"/><SP/><String HEIGHT="22" CONTENT="inflation" WIDTH="87" HPOS="1235" VPOS="488" ID="st12-457"/><SP/><String HEIGHT="22" CONTENT="rate" WIDTH="42" HPOS="1327" VPOS="488" ID="st12-458"/><SP/><String HEIGHT="22" CONTENT="appears" WIDTH="83" HPOS="1374" VPOS="488" ID="st12-459"/></TextLine><TextLine HPOS="858" VPOS="524" ID="tl12-51" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="858" VPOS="524" ID="st12-460"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="892" VPOS="524" ID="st12-461"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="930" VPOS="524" ID="st12-462"/><SP/><String HEIGHT="23" CONTENT="particularly" WIDTH="117" HPOS="955" VPOS="524" ID="st12-463"/><SP/><String HEIGHT="23" CONTENT="appropriate" WIDTH="124" HPOS="1084" VPOS="524" ID="st12-464"/><SP/><String HEIGHT="23" CONTENT="indicator" WIDTH="94" HPOS="1220" VPOS="524" ID="st12-465"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1326" VPOS="524" ID="st12-466"/><SP/><String HEIGHT="23" CONTENT="extremely" WIDTH="103" HPOS="1353" VPOS="524" ID="st12-467"/></TextLine><TextLine HPOS="858" VPOS="560" ID="tl12-52" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="problematic" WIDTH="126" HPOS="858" VPOS="560" ID="st12-468"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="995" VPOS="560" ID="st12-469"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1058" VPOS="560" ID="st12-470"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="1081" VPOS="560" ID="st12-471"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="1148" VPOS="560" ID="st12-472"/><SP/><String HEIGHT="23" CONTENT="standpoint" WIDTH="110" HPOS="1221" VPOS="560" ID="st12-473"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1331" VPOS="560" ID="st12-474"/><SP/><String HEIGHT="23" CONTENT="Collective" WIDTH="103" HPOS="1353" VPOS="560" ID="st12-475"/></TextLine><TextLine HPOS="858" VPOS="596" ID="tl12-53" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="858" VPOS="596" ID="st12-476"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="978" VPOS="596" ID="st12-477"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1045" VPOS="596" ID="st12-478"/><SP/><String HEIGHT="23" CONTENT="legitimised" WIDTH="114" HPOS="1066" VPOS="596" ID="st12-479"/><SP/><String HEIGHT="23" CONTENT="through" WIDTH="85" HPOS="1186" VPOS="596" ID="st12-480"/><SP/><String HEIGHT="23" CONTENT="democratic" WIDTH="118" HPOS="1277" VPOS="596" ID="st12-481"/><SP/><String HEIGHT="23" CONTENT="proc" WIDTH="44" HPOS="1401" VPOS="596" ID="st12-482" SUBS_TYPE="HypPart1" SUBS_CONTENT="processes"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="596" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="632" ID="tl12-54" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="esses" WIDTH="50" HPOS="858" VPOS="632" ID="st12-483" SUBS_TYPE="HypPart2" SUBS_CONTENT="processes"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="908" VPOS="632" ID="st12-484"/><SP/><String HEIGHT="23" CONTENT="It" WIDTH="13" HPOS="926" VPOS="632" ID="st12-485"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="946" VPOS="632" ID="st12-486"/><SP/><String HEIGHT="23" CONTENT="true" WIDTH="43" HPOS="968" VPOS="632" ID="st12-487"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="1018" VPOS="632" ID="st12-488"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1067" VPOS="632" ID="st12-489"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="1171" VPOS="632" ID="st12-490"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1292" VPOS="632" ID="st12-491"/><SP/><String HEIGHT="23" CONTENT="takes" WIDTH="56" HPOS="1359" VPOS="632" ID="st12-492"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1422" VPOS="632" ID="st12-493"/></TextLine><TextLine HPOS="858" VPOS="668" ID="tl12-55" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="858" VPOS="668" ID="st12-494"/><SP/><String HEIGHT="23" CONTENT="situation" WIDTH="92" HPOS="1035" VPOS="668" ID="st12-495"/><SP/><String HEIGHT="23" CONTENT="into" WIDTH="41" HPOS="1136" VPOS="668" ID="st12-496"/><SP/><String HEIGHT="23" CONTENT="account" WIDTH="80" HPOS="1186" VPOS="668" ID="st12-497"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1266" VPOS="668" ID="st12-498"/><SP/><String HEIGHT="23" CONTENT="but" WIDTH="37" HPOS="1286" VPOS="668" ID="st12-499"/><SP/><String HEIGHT="23" CONTENT="mechanistic" WIDTH="125" HPOS="1331" VPOS="668" ID="st12-500"/></TextLine><TextLine HPOS="858" VPOS="704" ID="tl12-56" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="steering" WIDTH="84" HPOS="858" VPOS="704" ID="st12-501"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="952" VPOS="704" ID="st12-502"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="984" VPOS="704" ID="st12-503"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="1090" VPOS="704" ID="st12-504"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1214" VPOS="704" ID="st12-505"/><SP/><String HEIGHT="23" CONTENT="via" WIDTH="30" HPOS="1284" VPOS="704" ID="st12-506"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1323" VPOS="704" ID="st12-507"/><SP/><String HEIGHT="23" CONTENT="assump" WIDTH="77" HPOS="1367" VPOS="704" ID="st12-508" SUBS_TYPE="HypPart1" SUBS_CONTENT="assumption"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="704" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="740" ID="tl12-57" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tion" WIDTH="41" HPOS="858" VPOS="740" ID="st12-509" SUBS_TYPE="HypPart2" SUBS_CONTENT="assumption"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="908" VPOS="740" ID="st12-510"/><SP/><String HEIGHT="23" CONTENT="externally" WIDTH="102" HPOS="939" VPOS="740" ID="st12-511"/><SP/><String HEIGHT="23" CONTENT="established" WIDTH="118" HPOS="1049" VPOS="740" ID="st12-512"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="1176" VPOS="740" ID="st12-513"/><SP/><String HEIGHT="23" CONTENT="principles" WIDTH="100" HPOS="1288" VPOS="740" ID="st12-514"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1396" VPOS="740" ID="st12-515"/><SP/><String HEIGHT="23" CONTENT="un" WIDTH="24" HPOS="1420" VPOS="740" ID="st12-516" SUBS_TYPE="HypPart1" SUBS_CONTENT="unacceptable"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="740" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="776" ID="tl12-58" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="acceptable" WIDTH="114" HPOS="858" VPOS="776" ID="st12-517" SUBS_TYPE="HypPart2" SUBS_CONTENT="unacceptable"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="979" VPOS="776" ID="st12-518"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="1009" VPOS="776" ID="st12-519"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="66" HPOS="1072" VPOS="776" ID="st12-520"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1138" VPOS="776" ID="st12-521"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1157" VPOS="776" ID="st12-522"/><SP/><String HEIGHT="23" CONTENT="application" WIDTH="117" HPOS="1203" VPOS="776" ID="st12-523"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1327" VPOS="776" ID="st12-524"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1357" VPOS="776" ID="st12-525"/><SP/><String HEIGHT="23" CONTENT="ECB" WIDTH="34" HPOS="1399" VPOS="776" ID="st12-526"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="1433" VPOS="776" ID="st12-527"/><String HEIGHT="23" CONTENT="s" WIDTH="12" HPOS="1444" VPOS="776" ID="st12-528"/></TextLine><TextLine HPOS="858" VPOS="813" ID="tl12-59" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="target" WIDTH="64" HPOS="858" VPOS="813" ID="st12-529"/><SP/><String HEIGHT="22" CONTENT="inflation" WIDTH="87" HPOS="927" VPOS="813" ID="st12-530"/><SP/><String HEIGHT="22" CONTENT="rate" WIDTH="41" HPOS="1020" VPOS="813" ID="st12-531"/><SP/><String HEIGHT="22" CONTENT="as" WIDTH="22" HPOS="1067" VPOS="813" ID="st12-532"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="1094" VPOS="813" ID="st12-533"/><SP/><String HEIGHT="22" CONTENT="benchmark" WIDTH="119" HPOS="1112" VPOS="813" ID="st12-534"/><SP/><String HEIGHT="22" CONTENT="for" WIDTH="30" HPOS="1237" VPOS="813" ID="st12-535"/><SP/><String HEIGHT="22" CONTENT="wage" WIDTH="59" HPOS="1272" VPOS="813" ID="st12-536"/><SP/><String HEIGHT="22" CONTENT="increases" WIDTH="95" HPOS="1336" VPOS="813" ID="st12-537"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="813" ID="st12-538"/></TextLine><TextLine HPOS="858" VPOS="849" ID="tl12-60" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="deficit" WIDTH="65" HPOS="858" VPOS="849" ID="st12-539"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="930" VPOS="849" ID="st12-540"/><SP/><String HEIGHT="23" CONTENT="leads" WIDTH="54" HPOS="1033" VPOS="849" ID="st12-541"/><SP/><String HEIGHT="23" CONTENT="de" WIDTH="26" HPOS="1094" VPOS="849" ID="st12-542"/><SP/><String HEIGHT="23" CONTENT="facto" WIDTH="54" HPOS="1127" VPOS="849" ID="st12-543"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="1187" VPOS="849" ID="st12-544"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="1216" VPOS="849" ID="st12-545"/><SP/><String HEIGHT="23" CONTENT="cuts" WIDTH="40" HPOS="1281" VPOS="849" ID="st12-546"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="1321" VPOS="849" ID="st12-547"/><SP/><String HEIGHT="23" CONTENT="Such" WIDTH="51" HPOS="1338" VPOS="849" ID="st12-548"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1395" VPOS="849" ID="st12-549"/><SP/><String HEIGHT="23" CONTENT="pol" WIDTH="32" HPOS="1414" VPOS="849" ID="st12-550" SUBS_TYPE="HypPart1" SUBS_CONTENT="policy"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="849" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="885" ID="tl12-61" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="icy" WIDTH="28" HPOS="858" VPOS="885" ID="st12-551" SUBS_TYPE="HypPart2" SUBS_CONTENT="policy"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="66" HPOS="895" VPOS="885" ID="st12-552"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="970" VPOS="885" ID="st12-553"/><SP/><String HEIGHT="23" CONTENT="direct" WIDTH="59" HPOS="1030" VPOS="885" ID="st12-554"/><SP/><String HEIGHT="23" CONTENT="negative" WIDTH="90" HPOS="1098" VPOS="885" ID="st12-555"/><SP/><String HEIGHT="23" CONTENT="effects" WIDTH="71" HPOS="1197" VPOS="885" ID="st12-556"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1277" VPOS="885" ID="st12-557"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1314" VPOS="885" ID="st12-558"/><SP/><String HEIGHT="23" CONTENT="members" WIDTH="98" HPOS="1358" VPOS="885" ID="st12-559"/></TextLine><TextLine HPOS="858" VPOS="921" ID="tl12-62" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="858" VPOS="921" ID="st12-560"/><SP/><String HEIGHT="23" CONTENT="any" WIDTH="37" HPOS="886" VPOS="921" ID="st12-561"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="929" VPOS="921" ID="st12-562"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="991" VPOS="921" ID="st12-563"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="1058" VPOS="921" ID="st12-564"/><SP/><String HEIGHT="23" CONTENT="agrees" WIDTH="69" HPOS="1107" VPOS="921" ID="st12-565"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1182" VPOS="921" ID="st12-566"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="1210" VPOS="921" ID="st12-567"/><String HEIGHT="23" CONTENT="." WIDTH="7" HPOS="1224" VPOS="921" ID="st12-568"/><SP/><String HEIGHT="23" CONTENT="A" WIDTH="17" HPOS="1237" VPOS="921" ID="st12-569"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="1260" VPOS="921" ID="st12-570"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="1321" VPOS="921" ID="st12-571"/><SP/><String HEIGHT="23" CONTENT="collec" WIDTH="59" HPOS="1388" VPOS="921" ID="st12-572" SUBS_TYPE="HypPart1" SUBS_CONTENT="collective"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="921" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="957" ID="tl12-63" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tive" WIDTH="37" HPOS="858" VPOS="957" ID="st12-573" SUBS_TYPE="HypPart2" SUBS_CONTENT="collective"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="904" VPOS="957" ID="st12-574"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1027" VPOS="957" ID="st12-575"/><SP/><String HEIGHT="23" CONTENT="coordinated" WIDTH="128" HPOS="1097" VPOS="957" ID="st12-576"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1234" VPOS="957" ID="st12-577"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1268" VPOS="957" ID="st12-578"/><SP/><String HEIGHT="23" CONTENT="EMF" WIDTH="45" HPOS="1312" VPOS="957" ID="st12-579"/><SP/><String HEIGHT="23" CONTENT="may" WIDTH="44" HPOS="1367" VPOS="957" ID="st12-580"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="1420" VPOS="957" ID="st12-581"/></TextLine><TextLine HPOS="858" VPOS="993" ID="tl12-64" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="stipulate" WIDTH="90" HPOS="858" VPOS="993" ID="st12-582"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="959" VPOS="993" ID="st12-583"/><SP/><String HEIGHT="23" CONTENT="individual" WIDTH="101" HPOS="992" VPOS="993" ID="st12-584"/><SP/><String HEIGHT="23" CONTENT="member" WIDTH="89" HPOS="1104" VPOS="993" ID="st12-585"/><SP/><String HEIGHT="23" CONTENT="organisations" WIDTH="142" HPOS="1204" VPOS="993" ID="st12-586"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="44" HPOS="1356" VPOS="993" ID="st12-587"/><SP/><String HEIGHT="23" CONTENT="they" WIDTH="46" HPOS="1410" VPOS="993" ID="st12-588"/></TextLine><TextLine HPOS="858" VPOS="1029" ID="tl12-65" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="pursue" WIDTH="72" HPOS="858" VPOS="1029" ID="st12-589"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="939" VPOS="1029" ID="st12-590"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="960" VPOS="1029" ID="st12-591"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1030" VPOS="1029" ID="st12-592"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="1061" VPOS="1029" ID="st12-593"/><SP/><String HEIGHT="23" CONTENT="cuts" WIDTH="40" HPOS="1128" VPOS="1029" ID="st12-594"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="1168" VPOS="1029" ID="st12-595"/><SP/><String HEIGHT="23" CONTENT="Such" WIDTH="52" HPOS="1187" VPOS="1029" ID="st12-596"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1248" VPOS="1029" ID="st12-597"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1269" VPOS="1029" ID="st12-598"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="1339" VPOS="1029" ID="st12-599"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="1414" VPOS="1029" ID="st12-600"/></TextLine><TextLine HPOS="858" VPOS="1065" ID="tl12-66" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="858" VPOS="1065" ID="st12-601"/><SP/><String HEIGHT="23" CONTENT="direct" WIDTH="60" HPOS="915" VPOS="1065" ID="st12-602"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="982" VPOS="1065" ID="st12-603"/><SP/><String HEIGHT="23" CONTENT="consequences" WIDTH="149" HPOS="1092" VPOS="1065" ID="st12-604"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1249" VPOS="1065" ID="st12-605"/><SP/><String HEIGHT="23" CONTENT="do" WIDTH="28" HPOS="1320" VPOS="1065" ID="st12-606"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="1356" VPOS="1065" ID="st12-607"/><SP/><String HEIGHT="23" CONTENT="show" WIDTH="57" HPOS="1399" VPOS="1065" ID="st12-608"/></TextLine><TextLine HPOS="858" VPOS="1101" ID="tl12-67" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="up" WIDTH="28" HPOS="858" VPOS="1101" ID="st12-609"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="893" VPOS="1101" ID="st12-610"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="921" VPOS="1101" ID="st12-611"/><SP/><String HEIGHT="23" CONTENT="model" WIDTH="67" HPOS="963" VPOS="1101" ID="st12-612"/><SP/><String HEIGHT="23" CONTENT="assumptions" WIDTH="132" HPOS="1038" VPOS="1101" ID="st12-613"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1177" VPOS="1101" ID="st12-614"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1207" VPOS="1101" ID="st12-615"/><SP/><String HEIGHT="23" CONTENT="study" WIDTH="50" HPOS="1250" VPOS="1101" ID="st12-616"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1300" VPOS="1101" ID="st12-617"/><SP/><String HEIGHT="23" CONTENT="For" WIDTH="34" HPOS="1319" VPOS="1101" ID="st12-618"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="84" HPOS="1360" VPOS="1101" ID="st12-619"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1444" VPOS="1101" ID="st12-620"/></TextLine><TextLine HPOS="858" VPOS="1138" ID="tl12-68" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="858" VPOS="1138" ID="st12-621"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="886" VPOS="1138" ID="st12-622"/><SP/><String HEIGHT="22" CONTENT="deficit" WIDTH="66" HPOS="929" VPOS="1138" ID="st12-623"/><SP/><String HEIGHT="22" CONTENT="countries" WIDTH="97" HPOS="1003" VPOS="1138" ID="st12-624"/><SP/><String HEIGHT="22" CONTENT="which" WIDTH="64" HPOS="1109" VPOS="1138" ID="st12-625"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="1182" VPOS="1138" ID="st12-626"/><SP/><String HEIGHT="22" CONTENT="any" WIDTH="37" HPOS="1210" VPOS="1138" ID="st12-627"/><SP/><String HEIGHT="22" CONTENT="case" WIDTH="46" HPOS="1256" VPOS="1138" ID="st12-628"/><SP/><String HEIGHT="22" CONTENT="are" WIDTH="33" HPOS="1310" VPOS="1138" ID="st12-629"/><SP/><String HEIGHT="22" CONTENT="already" WIDTH="76" HPOS="1352" VPOS="1138" ID="st12-630"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="1138" ID="st12-631"/></TextLine><TextLine HPOS="858" VPOS="1174" ID="tl12-69" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="crisis" WIDTH="50" HPOS="858" VPOS="1174" ID="st12-632"/><SP/><String HEIGHT="23" CONTENT="purchasing" WIDTH="116" HPOS="917" VPOS="1174" ID="st12-633"/><SP/><String HEIGHT="23" CONTENT="power" WIDTH="68" HPOS="1043" VPOS="1174" ID="st12-634"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="1120" VPOS="1174" ID="st12-635"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="52" HPOS="1166" VPOS="1174" ID="st12-636"/><SP/><String HEIGHT="23" CONTENT="further" WIDTH="73" HPOS="1228" VPOS="1174" ID="st12-637"/><SP/><String HEIGHT="23" CONTENT="weakened" WIDTH="103" HPOS="1311" VPOS="1174" ID="st12-638"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1414" VPOS="1174" ID="st12-639"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="1437" VPOS="1174" ID="st12-640"/></TextLine><TextLine HPOS="858" VPOS="1210" ID="tl12-70" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="1210" ID="st12-641"/><SP/><String HEIGHT="23" CONTENT="worst" WIDTH="60" HPOS="903" VPOS="1210" ID="st12-642"/><SP/><String HEIGHT="23" CONTENT="case" WIDTH="46" HPOS="974" VPOS="1210" ID="st12-643"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="1031" VPOS="1210" ID="st12-644"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="1079" VPOS="1210" ID="st12-645"/><SP/><String HEIGHT="23" CONTENT="trigger" WIDTH="70" HPOS="1128" VPOS="1210" ID="st12-646"/><SP/><String HEIGHT="23" CONTENT="deflation" WIDTH="95" HPOS="1209" VPOS="1210" ID="st12-647"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1315" VPOS="1210" ID="st12-648"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="1389" VPOS="1210" ID="st12-649"/></TextLine><TextLine HPOS="858" VPOS="1246" ID="tl12-71" WIDTH="428" HEIGHT="23"><String HEIGHT="23" CONTENT="only" WIDTH="44" HPOS="858" VPOS="1246" ID="st12-650"/><SP/><String HEIGHT="23" CONTENT="exacerbate" WIDTH="115" HPOS="909" VPOS="1246" ID="st12-651"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1031" VPOS="1246" ID="st12-652"/><SP/><String HEIGHT="23" CONTENT="existing" WIDTH="81" HPOS="1073" VPOS="1246" ID="st12-653"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="113" HPOS="1161" VPOS="1246" ID="st12-654"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1274" VPOS="1246" ID="st12-655"/></TextLine><TextLine HPOS="858" VPOS="1318" ID="tl12-72" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="There" WIDTH="59" HPOS="858" VPOS="1318" ID="st12-656"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="32" HPOS="925" VPOS="1318" ID="st12-657"/><SP/><String HEIGHT="23" CONTENT="several" WIDTH="72" HPOS="965" VPOS="1318" ID="st12-658"/><SP/><String HEIGHT="23" CONTENT="reasons" WIDTH="80" HPOS="1045" VPOS="1318" ID="st12-659"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="1133" VPOS="1318" ID="st12-660"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1171" VPOS="1318" ID="st12-661"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="1213" VPOS="1318" ID="st12-662"/><SP/><String HEIGHT="23" CONTENT="imbal" WIDTH="55" HPOS="1390" VPOS="1318" ID="st12-663" SUBS_TYPE="HypPart1" SUBS_CONTENT="imbalances"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1318" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1354" ID="tl12-73" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ances" WIDTH="59" HPOS="858" VPOS="1354" ID="st12-664" SUBS_TYPE="HypPart2" SUBS_CONTENT="imbalances"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="925" VPOS="1354" ID="st12-665"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="69" HPOS="953" VPOS="1354" ID="st12-666"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1022" VPOS="1354" ID="st12-667"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1042" VPOS="1354" ID="st12-668"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="1089" VPOS="1354" ID="st12-669"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1194" VPOS="1354" ID="st12-670"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1225" VPOS="1354" ID="st12-671"/><SP/><String HEIGHT="23" CONTENT="Eurozone" WIDTH="100" HPOS="1267" VPOS="1354" ID="st12-672"/><SP/><String HEIGHT="23" CONTENT="entered" WIDTH="81" HPOS="1375" VPOS="1354" ID="st12-673"/></TextLine><TextLine HPOS="858" VPOS="1390" ID="tl12-74" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="858" VPOS="1390" ID="st12-674"/><SP/><String HEIGHT="23" CONTENT="monetary" WIDTH="101" HPOS="904" VPOS="1390" ID="st12-675"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="62" HPOS="1016" VPOS="1390" ID="st12-676"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="1089" VPOS="1390" ID="st12-677"/><SP/><String HEIGHT="23" CONTENT="very" WIDTH="43" HPOS="1147" VPOS="1390" ID="st12-678"/><SP/><String HEIGHT="23" CONTENT="different" WIDTH="91" HPOS="1202" VPOS="1390" ID="st12-679"/><SP/><String HEIGHT="23" CONTENT="real" WIDTH="38" HPOS="1304" VPOS="1390" ID="st12-680"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="1353" VPOS="1390" ID="st12-681"/></TextLine><TextLine HPOS="858" VPOS="1426" ID="tl12-75" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="conditions" WIDTH="110" HPOS="858" VPOS="1426" ID="st12-682"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="976" VPOS="1426" ID="st12-683"/><SP/><String HEIGHT="23" CONTENT="structures" WIDTH="104" HPOS="1024" VPOS="1426" ID="st12-684"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1136" VPOS="1426" ID="st12-685"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1208" VPOS="1426" ID="st12-686"/><SP/><String HEIGHT="23" CONTENT="date" WIDTH="47" HPOS="1238" VPOS="1426" ID="st12-687"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="1293" VPOS="1426" ID="st12-688"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="1315" VPOS="1426" ID="st12-689"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="1359" VPOS="1426" ID="st12-690"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="1403" VPOS="1426" ID="st12-691"/></TextLine><TextLine HPOS="858" VPOS="1463" ID="tl12-76" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="possible" WIDTH="85" HPOS="858" VPOS="1463" ID="st12-692"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="23" HPOS="954" VPOS="1463" ID="st12-693"/><SP/><String HEIGHT="22" CONTENT="bring" WIDTH="56" HPOS="988" VPOS="1463" ID="st12-694"/><SP/><String HEIGHT="22" CONTENT="into" WIDTH="42" HPOS="1055" VPOS="1463" ID="st12-695"/><SP/><String HEIGHT="22" CONTENT="line" WIDTH="38" HPOS="1108" VPOS="1463" ID="st12-696"/><SP/><String HEIGHT="22" CONTENT="by" WIDTH="26" HPOS="1157" VPOS="1463" ID="st12-697"/><SP/><String HEIGHT="22" CONTENT="means" WIDTH="70" HPOS="1194" VPOS="1463" ID="st12-698"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="22" HPOS="1275" VPOS="1463" ID="st12-699"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="1309" VPOS="1463" ID="st12-700"/><SP/><String HEIGHT="22" CONTENT="European" WIDTH="101" HPOS="1355" VPOS="1463" ID="st12-701"/></TextLine><TextLine HPOS="858" VPOS="1499" ID="tl12-77" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="structural" WIDTH="100" HPOS="858" VPOS="1499" ID="st12-702"/><SP/><String HEIGHT="23" CONTENT="fund" WIDTH="45" HPOS="969" VPOS="1499" ID="st12-703"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1014" VPOS="1499" ID="st12-704"/><SP/><String HEIGHT="23" CONTENT="Furthermore" WIDTH="126" HPOS="1037" VPOS="1499" ID="st12-705"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1163" VPOS="1499" ID="st12-706"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1187" VPOS="1499" ID="st12-707"/><SP/><String HEIGHT="23" CONTENT="over" WIDTH="42" HPOS="1232" VPOS="1499" ID="st12-708"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="1274" VPOS="1499" ID="st12-709"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="22" HPOS="1296" VPOS="1499" ID="st12-710"/><SP/><String HEIGHT="23" CONTENT="undervalua" WIDTH="115" HPOS="1330" VPOS="1499" ID="st12-711" SUBS_TYPE="HypPart1" SUBS_CONTENT="undervaluation"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1499" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1535" ID="tl12-78" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tion" WIDTH="41" HPOS="858" VPOS="1535" ID="st12-712" SUBS_TYPE="HypPart2" SUBS_CONTENT="undervaluation"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="905" VPOS="1535" ID="st12-713"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="932" VPOS="1535" ID="st12-714"/><SP/><String HEIGHT="23" CONTENT="respective" WIDTH="105" HPOS="972" VPOS="1535" ID="st12-715"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="1082" VPOS="1535" ID="st12-716"/><SP/><String HEIGHT="23" CONTENT="currency" WIDTH="89" HPOS="1173" VPOS="1535" ID="st12-717"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="1268" VPOS="1535" ID="st12-718"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1294" VPOS="1535" ID="st12-719"/><SP/><String HEIGHT="23" CONTENT="point" WIDTH="55" HPOS="1334" VPOS="1535" ID="st12-720"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1394" VPOS="1535" ID="st12-721"/><SP/><String HEIGHT="23" CONTENT="en" WIDTH="23" HPOS="1422" VPOS="1535" ID="st12-722" SUBS_TYPE="HypPart1" SUBS_CONTENT="entry"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1535" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1571" ID="tl12-79" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="try" WIDTH="28" HPOS="858" VPOS="1571" ID="st12-723" SUBS_TYPE="HypPart2" SUBS_CONTENT="entry"/><SP/><String HEIGHT="23" CONTENT="influenced" WIDTH="111" HPOS="894" VPOS="1571" ID="st12-724"/><SP/><String HEIGHT="23" CONTENT="competitiveness" WIDTH="165" HPOS="1013" VPOS="1571" ID="st12-725"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1178" VPOS="1571" ID="st12-726"/><SP/><String HEIGHT="23" CONTENT="while" WIDTH="57" HPOS="1198" VPOS="1571" ID="st12-727"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1263" VPOS="1571" ID="st12-728"/><SP/><String HEIGHT="23" CONTENT="ECB" WIDTH="34" HPOS="1306" VPOS="1571" ID="st12-729"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="1340" VPOS="1571" ID="st12-730"/><String HEIGHT="23" CONTENT="s" WIDTH="12" HPOS="1351" VPOS="1571" ID="st12-731"/><SP/><String HEIGHT="23" CONTENT="uniform" WIDTH="85" HPOS="1371" VPOS="1571" ID="st12-732"/></TextLine><TextLine HPOS="858" VPOS="1607" ID="tl12-80" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="interest" WIDTH="78" HPOS="858" VPOS="1607" ID="st12-733"/><SP/><String HEIGHT="23" CONTENT="rate" WIDTH="42" HPOS="944" VPOS="1607" ID="st12-734"/><SP/><String HEIGHT="23" CONTENT="drove" WIDTH="59" HPOS="994" VPOS="1607" ID="st12-735"/><SP/><String HEIGHT="23" CONTENT="inflation" WIDTH="87" HPOS="1061" VPOS="1607" ID="st12-736"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1156" VPOS="1607" ID="st12-737"/><SP/><String HEIGHT="23" CONTENT="those" WIDTH="58" HPOS="1183" VPOS="1607" ID="st12-738"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="1249" VPOS="1607" ID="st12-739"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="1354" VPOS="1607" ID="st12-740"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1392" VPOS="1607" ID="st12-741"/></TextLine><TextLine HPOS="858" VPOS="1643" ID="tl12-81" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="858" VPOS="1643" ID="st12-742"/><SP/><String HEIGHT="23" CONTENT="was" WIDTH="42" HPOS="879" VPOS="1643" ID="st12-743"/><SP/><String HEIGHT="23" CONTENT="too" WIDTH="36" HPOS="928" VPOS="1643" ID="st12-744"/><SP/><String HEIGHT="23" CONTENT="low" WIDTH="33" HPOS="972" VPOS="1643" ID="st12-745"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1005" VPOS="1643" ID="st12-746"/><SP/><String HEIGHT="23" CONTENT="given" WIDTH="57" HPOS="1024" VPOS="1643" ID="st12-747"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1088" VPOS="1643" ID="st12-748"/><SP/><String HEIGHT="23" CONTENT="state" WIDTH="52" HPOS="1130" VPOS="1643" ID="st12-749"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1189" VPOS="1643" ID="st12-750"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1219" VPOS="1643" ID="st12-751"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="1261" VPOS="1643" ID="st12-752"/><SP/><String HEIGHT="23" CONTENT="economy" WIDTH="89" HPOS="1354" VPOS="1643" ID="st12-753"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1443" VPOS="1643" ID="st12-754"/></TextLine><TextLine HPOS="858" VPOS="1679" ID="tl12-82" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="This" WIDTH="41" HPOS="858" VPOS="1679" ID="st12-755"/><SP/><String HEIGHT="23" CONTENT="applies" WIDTH="70" HPOS="907" VPOS="1679" ID="st12-756"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="977" VPOS="1679" ID="st12-757"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="995" VPOS="1679" ID="st12-758"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="84" HPOS="1033" VPOS="1679" ID="st12-759"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1117" VPOS="1679" ID="st12-760"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1136" VPOS="1679" ID="st12-761"/><SP/><String HEIGHT="23" CONTENT="Spain" WIDTH="55" HPOS="1165" VPOS="1679" ID="st12-762"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1220" VPOS="1679" ID="st12-763"/><SP/><String HEIGHT="23" CONTENT="It" WIDTH="14" HPOS="1238" VPOS="1679" ID="st12-764"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="16" HPOS="1259" VPOS="1679" ID="st12-765"/><SP/><String HEIGHT="23" CONTENT="therefore" WIDTH="98" HPOS="1282" VPOS="1679" ID="st12-766"/><SP/><String HEIGHT="23" CONTENT="wrong" WIDTH="69" HPOS="1387" VPOS="1679" ID="st12-767"/></TextLine><TextLine HPOS="858" VPOS="1715" ID="tl12-83" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="858" VPOS="1715" ID="st12-768"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="919" VPOS="1715" ID="st12-769"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="942" VPOS="1715" ID="st12-770"/><SP/><String HEIGHT="23" CONTENT="standpoint" WIDTH="114" HPOS="1122" VPOS="1715" ID="st12-771"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="1246" VPOS="1715" ID="st12-772"/><SP/><String HEIGHT="23" CONTENT="expect" WIDTH="69" HPOS="1279" VPOS="1715" ID="st12-773"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1359" VPOS="1715" ID="st12-774"/></TextLine><TextLine HPOS="858" VPOS="1751" ID="tl12-84" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="858" VPOS="1751" ID="st12-775"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="979" VPOS="1751" ID="st12-776"/><SP/><String HEIGHT="23" CONTENT="alone" WIDTH="59" HPOS="1047" VPOS="1751" ID="st12-777"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1113" VPOS="1751" ID="st12-778"/><SP/><String HEIGHT="23" CONTENT="correct" WIDTH="73" HPOS="1143" VPOS="1751" ID="st12-779"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1223" VPOS="1751" ID="st12-780"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="113" HPOS="1265" VPOS="1751" ID="st12-781"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1378" VPOS="1751" ID="st12-782"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1397" VPOS="1751" ID="st12-783"/><SP/><String HEIGHT="23" CONTENT="ac" WIDTH="22" HPOS="1424" VPOS="1751" ID="st12-784" SUBS_TYPE="HypPart1" SUBS_CONTENT="accordance"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1751" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1788" ID="tl12-85" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="cordance" WIDTH="97" HPOS="858" VPOS="1788" ID="st12-785" SUBS_TYPE="HypPart2" SUBS_CONTENT="accordance"/><SP/><String HEIGHT="22" CONTENT="with" WIDTH="47" HPOS="961" VPOS="1788" ID="st12-786"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="1015" VPOS="1788" ID="st12-787"/><SP/><String HEIGHT="22" CONTENT="narrow" WIDTH="76" HPOS="1056" VPOS="1788" ID="st12-788"/><SP/><String HEIGHT="22" CONTENT="view" WIDTH="49" HPOS="1138" VPOS="1788" ID="st12-789"/><SP/><String HEIGHT="22" CONTENT="that" WIDTH="43" HPOS="1193" VPOS="1788" ID="st12-790"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="1242" VPOS="1788" ID="st12-791"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="1268" VPOS="1788" ID="st12-792"/><SP/><String HEIGHT="22" CONTENT="monetary" WIDTH="102" HPOS="1287" VPOS="1788" ID="st12-793"/><SP/><String HEIGHT="22" CONTENT="union" WIDTH="61" HPOS="1395" VPOS="1788" ID="st12-794"/></TextLine><TextLine HPOS="858" VPOS="1824" ID="tl12-86" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="there" WIDTH="55" HPOS="858" VPOS="1824" ID="st12-795"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="923" VPOS="1824" ID="st12-796"/><SP/><String HEIGHT="23" CONTENT="only" WIDTH="45" HPOS="948" VPOS="1824" ID="st12-797"/><SP/><String HEIGHT="23" CONTENT="one" WIDTH="40" HPOS="1003" VPOS="1824" ID="st12-798"/><SP/><String HEIGHT="23" CONTENT="adjustment" WIDTH="119" HPOS="1053" VPOS="1824" ID="st12-799"/><SP/><String HEIGHT="23" CONTENT="lever" WIDTH="45" HPOS="1182" VPOS="1824" ID="st12-800"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="1227" VPOS="1824" ID="st12-801"/><SP/><String HEIGHT="23" CONTENT="namely" WIDTH="76" HPOS="1247" VPOS="1824" ID="st12-802"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="62" HPOS="1334" VPOS="1824" ID="st12-803"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1396" VPOS="1824" ID="st12-804"/><SP/><String HEIGHT="23" CONTENT="Too" WIDTH="37" HPOS="1419" VPOS="1824" ID="st12-805"/></TextLine><TextLine HPOS="858" VPOS="1860" ID="tl12-87" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="much" WIDTH="59" HPOS="858" VPOS="1860" ID="st12-806"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="926" VPOS="1860" ID="st12-807"/><SP/><String HEIGHT="23" CONTENT="expected" WIDTH="96" HPOS="949" VPOS="1860" ID="st12-808"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1053" VPOS="1860" ID="st12-809"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1084" VPOS="1860" ID="st12-810"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1150" VPOS="1860" ID="st12-811"/><SP/><String HEIGHT="23" CONTENT="here" WIDTH="46" HPOS="1220" VPOS="1860" ID="st12-812"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1275" VPOS="1860" ID="st12-813"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="1323" VPOS="1860" ID="st12-814"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="1345" VPOS="1860" ID="st12-815"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="1420" VPOS="1860" ID="st12-816"/></TextLine><TextLine HPOS="858" VPOS="1896" ID="tl12-88" WIDTH="440" HEIGHT="23"><String HEIGHT="23" CONTENT="achieve" WIDTH="79" HPOS="858" VPOS="1896" ID="st12-817"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="944" VPOS="1896" ID="st12-818"/><SP/><String HEIGHT="23" CONTENT="goal" WIDTH="45" HPOS="986" VPOS="1896" ID="st12-819"/><SP/><String HEIGHT="23" CONTENT="expected" WIDTH="96" HPOS="1038" VPOS="1896" ID="st12-820"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1141" VPOS="1896" ID="st12-821"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="1168" VPOS="1896" ID="st12-822"/><SP/><String HEIGHT="23" CONTENT="context" WIDTH="75" HPOS="1212" VPOS="1896" ID="st12-823"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1287" VPOS="1896" ID="st12-824"/></TextLine><TextLine HPOS="858" VPOS="1968" ID="tl12-89" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="Although" WIDTH="100" HPOS="858" VPOS="1968" ID="st12-825"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="968" VPOS="1968" ID="st12-826"/><SP/><String HEIGHT="23" CONTENT="negative" WIDTH="91" HPOS="1013" VPOS="1968" ID="st12-827"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1114" VPOS="1968" ID="st12-828"/><SP/><String HEIGHT="23" CONTENT="drift" WIDTH="44" HPOS="1183" VPOS="1968" ID="st12-829"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1238" VPOS="1968" ID="st12-830"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="98" HPOS="1267" VPOS="1968" ID="st12-831"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1375" VPOS="1968" ID="st12-832"/><SP/><String HEIGHT="23" CONTENT="men" WIDTH="42" HPOS="1401" VPOS="1968" ID="st12-833" SUBS_TYPE="HypPart1" SUBS_CONTENT="mentioned"/><HYP CONTENT="-" WIDTH="13" HPOS="1443" VPOS="1968" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="2004" ID="tl12-90" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tioned" WIDTH="64" HPOS="858" VPOS="2004" ID="st12-834" SUBS_TYPE="HypPart2" SUBS_CONTENT="mentioned"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="922" VPOS="2004" ID="st12-835"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="942" VPOS="2004" ID="st12-836"/><SP/><String HEIGHT="23" CONTENT="reasons" WIDTH="80" HPOS="986" VPOS="2004" ID="st12-837"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="1075" VPOS="2004" ID="st12-838"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="1115" VPOS="2004" ID="st12-839"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="13" HPOS="1138" VPOS="2004" ID="st12-840"/><SP/><String HEIGHT="23" CONTENT="such" WIDTH="49" HPOS="1160" VPOS="2004" ID="st12-841"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="1218" VPOS="2004" ID="st12-842"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1250" VPOS="2004" ID="st12-843"/><SP/><String HEIGHT="23" CONTENT="strong" WIDTH="67" HPOS="1294" VPOS="2004" ID="st12-844"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="85" HPOS="1371" VPOS="2004" ID="st12-845"/></TextLine><TextLine HPOS="858" VPOS="2040" ID="tl12-91" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="858" VPOS="2040" ID="st12-846"/><SP/><String HEIGHT="23" CONTENT="precarious" WIDTH="110" HPOS="887" VPOS="2040" ID="st12-847"/><SP/><String HEIGHT="23" CONTENT="jobs" WIDTH="43" HPOS="1007" VPOS="2040" ID="st12-848"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1060" VPOS="2040" ID="st12-849"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1090" VPOS="2040" ID="st12-850"/><SP/><String HEIGHT="23" CONTENT="low" WIDTH="39" HPOS="1134" VPOS="2040" ID="st12-851"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="1183" VPOS="2040" ID="st12-852"/><SP/><String HEIGHT="23" CONTENT="sector" WIDTH="64" HPOS="1252" VPOS="2040" ID="st12-853"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="1326" VPOS="2040" ID="st12-854"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="1348" VPOS="2040" ID="st12-855"/><SP/><String HEIGHT="23" CONTENT="well" WIDTH="43" HPOS="1381" VPOS="2040" ID="st12-856"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="1434" VPOS="2040" ID="st12-857"/></TextLine><TextLine HPOS="810" VPOS="2254" ID="tl12-92" WIDTH="32" HEIGHT="27"><String HEIGHT="27" CONTENT="12" WIDTH="32" HPOS="810" VPOS="2254" ID="st12-858"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="13" ID="p749095" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749095" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749095" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl13-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st13-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st13-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st13-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st13-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st13-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st13-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st13-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st13-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st13-8"/></TextLine><TextLine HPOS="196" VPOS="307" ID="tl13-1" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="counter" WIDTH="82" HPOS="196" VPOS="307" ID="st13-9"/><String HEIGHT="23" CONTENT="-" WIDTH="12" HPOS="278" VPOS="307" ID="st13-10"/><String HEIGHT="23" CONTENT="measures" WIDTH="95" HPOS="290" VPOS="307" ID="st13-11"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="394" VPOS="307" ID="st13-12"/><SP/><String HEIGHT="23" CONTENT="such" WIDTH="49" HPOS="415" VPOS="307" ID="st13-13"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="473" VPOS="307" ID="st13-14"/><SP/><String HEIGHT="23" CONTENT="equal" WIDTH="58" HPOS="504" VPOS="307" ID="st13-15"/><SP/><String HEIGHT="23" CONTENT="pay" WIDTH="38" HPOS="571" VPOS="307" ID="st13-16"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="618" VPOS="307" ID="st13-17"/><SP/><String HEIGHT="23" CONTENT="low" WIDTH="39" HPOS="657" VPOS="307" ID="st13-18"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="705" VPOS="307" ID="st13-19"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="13" HPOS="782" VPOS="307" ID="st13-20"/></TextLine><TextLine HPOS="196" VPOS="343" ID="tl13-2" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="196" VPOS="343" ID="st13-21"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="236" VPOS="343" ID="st13-22"/><SP/><String HEIGHT="23" CONTENT="discussed" WIDTH="96" HPOS="279" VPOS="343" ID="st13-23"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="375" VPOS="343" ID="st13-24"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="393" VPOS="343" ID="st13-25"/><SP/><String HEIGHT="23" CONTENT="any" WIDTH="38" HPOS="419" VPOS="343" ID="st13-26"/><SP/><String HEIGHT="23" CONTENT="case" WIDTH="42" HPOS="463" VPOS="343" ID="st13-27"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="505" VPOS="343" ID="st13-28"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="523" VPOS="343" ID="st13-29"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="16" HPOS="567" VPOS="343" ID="st13-30"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="37" HPOS="589" VPOS="343" ID="st13-31"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="632" VPOS="343" ID="st13-32"/><SP/><String HEIGHT="23" CONTENT="uniquely" WIDTH="90" HPOS="652" VPOS="343" ID="st13-33"/><SP/><String HEIGHT="23" CONTENT="Ger" WIDTH="35" HPOS="749" VPOS="343" ID="st13-34" SUBS_TYPE="HypPart1" SUBS_CONTENT="German"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="343" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="379" ID="tl13-3" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="man" WIDTH="48" HPOS="196" VPOS="379" ID="st13-35" SUBS_TYPE="HypPart2" SUBS_CONTENT="German"/><SP/><String HEIGHT="23" CONTENT="phenomenon" WIDTH="137" HPOS="250" VPOS="379" ID="st13-36"/><String HEIGHT="23" CONTENT="." WIDTH="14" HPOS="387" VPOS="379" ID="st13-37"/><SP/><String HEIGHT="23" CONTENT="For" WIDTH="34" HPOS="407" VPOS="379" ID="st13-38"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="84" HPOS="448" VPOS="379" ID="st13-39"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="532" VPOS="379" ID="st13-40"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="550" VPOS="379" ID="st13-41"/><SP/><String HEIGHT="23" CONTENT="deficit" WIDTH="65" HPOS="577" VPOS="379" ID="st13-42"/><SP/><String HEIGHT="23" CONTENT="country" WIDTH="80" HPOS="649" VPOS="379" ID="st13-43"/><SP/><String HEIGHT="23" CONTENT="Spain" WIDTH="59" HPOS="736" VPOS="379" ID="st13-44"/></TextLine><TextLine HPOS="196" VPOS="415" ID="tl13-4" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="196" VPOS="415" ID="st13-45"/><SP/><String HEIGHT="23" CONTENT="recent" WIDTH="66" HPOS="222" VPOS="415" ID="st13-46"/><SP/><String HEIGHT="23" CONTENT="years" WIDTH="54" HPOS="294" VPOS="415" ID="st13-47"/><SP/><String HEIGHT="23" CONTENT="there" WIDTH="55" HPOS="355" VPOS="415" ID="st13-48"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="416" VPOS="415" ID="st13-49"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="458" VPOS="415" ID="st13-50"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="517" VPOS="415" ID="st13-51"/><SP/><String HEIGHT="23" CONTENT="dramatic" WIDTH="93" HPOS="536" VPOS="415" ID="st13-52"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="85" HPOS="635" VPOS="415" ID="st13-53"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="726" VPOS="415" ID="st13-54"/><SP/><String HEIGHT="23" CONTENT="pre" WIDTH="33" HPOS="752" VPOS="415" ID="st13-55" SUBS_TYPE="HypPart1" SUBS_CONTENT="precarious"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="415" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="451" ID="tl13-5" WIDTH="223" HEIGHT="23"><String HEIGHT="23" CONTENT="carious" WIDTH="75" HPOS="196" VPOS="451" ID="st13-56" SUBS_TYPE="HypPart2" SUBS_CONTENT="precarious"/><SP/><String HEIGHT="23" CONTENT="employment" WIDTH="128" HPOS="278" VPOS="451" ID="st13-57"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="406" VPOS="451" ID="st13-58"/></TextLine><TextLine HPOS="810" VPOS="2254" ID="tl13-6" WIDTH="32" HEIGHT="27"><String HEIGHT="27" CONTENT="13" WIDTH="32" HPOS="810" VPOS="2254" ID="st13-59"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="14" ID="p749096" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749096" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749096" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl14-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st14-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st14-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st14-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st14-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st14-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st14-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st14-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st14-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st14-8"/></TextLine><TextLine HPOS="196" VPOS="303" ID="tl14-1" WIDTH="206" HEIGHT="28"><String HEIGHT="28" CONTENT="Gabriele" WIDTH="109" HPOS="196" VPOS="303" ID="st14-9"/><SP/><String HEIGHT="28" CONTENT="Sterkel" WIDTH="89" HPOS="313" VPOS="303" ID="st14-10"/></TextLine><TextLine HPOS="196" VPOS="372" ID="tl14-2" WIDTH="1093" HEIGHT="33"><String HEIGHT="33" CONTENT="Improving" WIDTH="174" HPOS="196" VPOS="372" ID="st14-11"/><SP/><String HEIGHT="33" CONTENT="Living" WIDTH="103" HPOS="380" VPOS="372" ID="st14-12"/><SP/><String HEIGHT="33" CONTENT="Standards" WIDTH="170" HPOS="493" VPOS="372" ID="st14-13"/><SP/><String HEIGHT="33" CONTENT="and" WIDTH="64" HPOS="673" VPOS="372" ID="st14-14"/><SP/><String HEIGHT="33" CONTENT="Stemming" WIDTH="172" HPOS="747" VPOS="372" ID="st14-15"/><SP/><String HEIGHT="33" CONTENT="Economic" WIDTH="161" HPOS="929" VPOS="372" ID="st14-16"/><SP/><String HEIGHT="33" CONTENT="Imbalances" WIDTH="189" HPOS="1100" VPOS="372" ID="st14-17"/></TextLine><TextLine HPOS="196" VPOS="451" ID="tl14-3" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Interest" WIDTH="79" HPOS="196" VPOS="451" ID="st14-18"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="280" VPOS="451" ID="st14-19"/><String HEIGHT="23" CONTENT="»" WIDTH="14" HPOS="305" VPOS="451" ID="st14-20"/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="319" VPOS="451" ID="st14-21"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="382" VPOS="451" ID="st14-22"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="136" HPOS="448" VPOS="451" ID="st14-23"/><String HEIGHT="23" CONTENT="«" WIDTH="12" HPOS="584" VPOS="451" ID="st14-24"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="601" VPOS="451" ID="st14-25"/><SP/><String HEIGHT="23" CONTENT="enjoyed" WIDTH="83" HPOS="643" VPOS="451" ID="st14-26"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="731" VPOS="451" ID="st14-27"/><SP/><String HEIGHT="23" CONTENT="new" WIDTH="46" HPOS="749" VPOS="451" ID="st14-28"/></TextLine><TextLine HPOS="196" VPOS="488" ID="tl14-4" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="currency" WIDTH="90" HPOS="196" VPOS="488" ID="st14-29"/><SP/><String HEIGHT="22" CONTENT="since" WIDTH="53" HPOS="296" VPOS="488" ID="st14-30"/><SP/><String HEIGHT="22" CONTENT="wage" WIDTH="59" HPOS="358" VPOS="488" ID="st14-31"/><SP/><String HEIGHT="22" CONTENT="cost" WIDTH="43" HPOS="426" VPOS="488" ID="st14-32"/><SP/><String HEIGHT="22" CONTENT="comparisons" WIDTH="133" HPOS="479" VPOS="488" ID="st14-33"/><SP/><String HEIGHT="22" CONTENT="make" WIDTH="58" HPOS="622" VPOS="488" ID="st14-34"/><SP/><String HEIGHT="22" CONTENT="it" WIDTH="14" HPOS="690" VPOS="488" ID="st14-35"/><SP/><String HEIGHT="22" CONTENT="increas" WIDTH="72" HPOS="713" VPOS="488" ID="st14-36" SUBS_TYPE="HypPart1" SUBS_CONTENT="increasingly"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="488" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="524" ID="tl14-5" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ingly" WIDTH="50" HPOS="196" VPOS="524" ID="st14-37" SUBS_TYPE="HypPart2" SUBS_CONTENT="increasingly"/><SP/><String HEIGHT="23" CONTENT="clear" WIDTH="50" HPOS="255" VPOS="524" ID="st14-38"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="313" VPOS="524" ID="st14-39"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="365" VPOS="524" ID="st14-40"/><SP/><String HEIGHT="23" CONTENT="significant" WIDTH="108" HPOS="386" VPOS="524" ID="st14-41"/><SP/><String HEIGHT="23" CONTENT="proportion" WIDTH="113" HPOS="503" VPOS="524" ID="st14-42"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="625" VPOS="524" ID="st14-43"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="656" VPOS="524" ID="st14-44"/><SP/><String HEIGHT="23" CONTENT="consider" WIDTH="86" HPOS="699" VPOS="524" ID="st14-45" SUBS_TYPE="HypPart1" SUBS_CONTENT="considerable"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="524" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="560" ID="tl14-6" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="able" WIDTH="45" HPOS="196" VPOS="560" ID="st14-46" SUBS_TYPE="HypPart2" SUBS_CONTENT="considerable"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="248" VPOS="560" ID="st14-47"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="118" HPOS="358" VPOS="560" ID="st14-48"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="483" VPOS="560" ID="st14-49"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="509" VPOS="560" ID="st14-50"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="551" VPOS="560" ID="st14-51"/><SP/><String HEIGHT="23" CONTENT="Union" WIDTH="64" HPOS="659" VPOS="560" ID="st14-52"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="730" VPOS="560" ID="st14-53"/><String HEIGHT="23" CONTENT="EU" WIDTH="22" HPOS="740" VPOS="560" ID="st14-54"/><String HEIGHT="23" CONTENT=")" WIDTH="11" HPOS="762" VPOS="560" ID="st14-55"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="780" VPOS="560" ID="st14-56"/></TextLine><TextLine HPOS="196" VPOS="596" ID="tl14-7" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="196" VPOS="596" ID="st14-57"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="224" VPOS="596" ID="st14-58"/><SP/><String HEIGHT="23" CONTENT="attributed" WIDTH="105" HPOS="257" VPOS="596" ID="st14-59"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="368" VPOS="596" ID="st14-60"/><SP/><String HEIGHT="23" CONTENT="weak" WIDTH="57" HPOS="396" VPOS="596" ID="st14-61"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="459" VPOS="596" ID="st14-62"/><SP/><String HEIGHT="23" CONTENT="development" WIDTH="139" HPOS="523" VPOS="596" ID="st14-63"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="668" VPOS="596" ID="st14-64"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="89" HPOS="693" VPOS="596" ID="st14-65"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="782" VPOS="596" ID="st14-66"/></TextLine><TextLine HPOS="196" VPOS="632" ID="tl14-8" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Particularly" WIDTH="116" HPOS="196" VPOS="632" ID="st14-67"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="318" VPOS="632" ID="st14-68"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="343" VPOS="632" ID="st14-69"/><SP/><String HEIGHT="23" CONTENT="service" WIDTH="71" HPOS="384" VPOS="632" ID="st14-70"/><SP/><String HEIGHT="23" CONTENT="sector" WIDTH="63" HPOS="461" VPOS="632" ID="st14-71"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="530" VPOS="632" ID="st14-72"/><SP/><String HEIGHT="23" CONTENT="development" WIDTH="139" HPOS="595" VPOS="632" ID="st14-73"/><SP/><String HEIGHT="23" CONTENT="there" WIDTH="55" HPOS="740" VPOS="632" ID="st14-74"/></TextLine><TextLine HPOS="196" VPOS="668" ID="tl14-9" WIDTH="544" HEIGHT="23"><String HEIGHT="23" CONTENT="is" WIDTH="16" HPOS="196" VPOS="668" ID="st14-75"/><SP/><String HEIGHT="23" CONTENT="much" WIDTH="59" HPOS="219" VPOS="668" ID="st14-76"/><SP/><String HEIGHT="23" CONTENT="worse" WIDTH="64" HPOS="285" VPOS="668" ID="st14-77"/><SP/><String HEIGHT="23" CONTENT="than" WIDTH="49" HPOS="356" VPOS="668" ID="st14-78"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="412" VPOS="668" ID="st14-79"/><SP/><String HEIGHT="23" CONTENT="any" WIDTH="38" HPOS="438" VPOS="668" ID="st14-80"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="56" HPOS="483" VPOS="668" ID="st14-81"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="546" VPOS="668" ID="st14-82"/><SP/><String HEIGHT="23" CONTENT="country" WIDTH="75" HPOS="654" VPOS="668" ID="st14-83"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="729" VPOS="668" ID="st14-84"/></TextLine><TextLine HPOS="196" VPOS="740" ID="tl14-10" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Against" WIDTH="81" HPOS="196" VPOS="740" ID="st14-85"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="288" VPOS="740" ID="st14-86"/><SP/><String HEIGHT="23" CONTENT="background" WIDTH="122" HPOS="337" VPOS="740" ID="st14-87"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="459" VPOS="740" ID="st14-88"/><SP/><String HEIGHT="23" CONTENT="Toralf" WIDTH="58" HPOS="483" VPOS="740" ID="st14-89"/><SP/><String HEIGHT="23" CONTENT="Pusch" WIDTH="62" HPOS="552" VPOS="740" ID="st14-90"/><SP/><String HEIGHT="23" CONTENT="investigates" WIDTH="124" HPOS="625" VPOS="740" ID="st14-91"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="760" VPOS="740" ID="st14-92"/></TextLine><TextLine HPOS="196" VPOS="776" ID="tl14-11" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="question" WIDTH="93" HPOS="196" VPOS="776" ID="st14-93"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="301" VPOS="776" ID="st14-94"/><SP/><String HEIGHT="23" CONTENT="whether" WIDTH="89" HPOS="335" VPOS="776" ID="st14-95"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="437" VPOS="776" ID="st14-96"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="62" HPOS="507" VPOS="776" ID="st14-97"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="135" HPOS="581" VPOS="776" ID="st14-98"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="728" VPOS="776" ID="st14-99"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="760" VPOS="776" ID="st14-100"/></TextLine><TextLine HPOS="196" VPOS="813" ID="tl14-12" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="Euro­zone" WIDTH="100" HPOS="196" VPOS="813" ID="st14-101"/><SP/><String HEIGHT="22" CONTENT="could" WIDTH="58" HPOS="303" VPOS="813" ID="st14-102"/><SP/><String HEIGHT="22" CONTENT="be" WIDTH="26" HPOS="368" VPOS="813" ID="st14-103"/><String HEIGHT="22" CONTENT="»" WIDTH="13" HPOS="401" VPOS="813" ID="st14-104"/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="414" VPOS="813" ID="st14-105"/><SP/><String HEIGHT="22" CONTENT="robust" WIDTH="68" HPOS="434" VPOS="813" ID="st14-106"/><SP/><String HEIGHT="22" CONTENT="concept" WIDTH="84" HPOS="509" VPOS="813" ID="st14-107"/><SP/><String HEIGHT="22" CONTENT="for" WIDTH="31" HPOS="600" VPOS="813" ID="st14-108"/><SP/><String HEIGHT="22" CONTENT="greater" WIDTH="76" HPOS="638" VPOS="813" ID="st14-109"/><SP/><String HEIGHT="22" CONTENT="macro­" WIDTH="75" HPOS="720" VPOS="813" ID="st14-110"/></TextLine><TextLine HPOS="196" VPOS="849" ID="tl14-13" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="196" VPOS="849" ID="st14-111"/><SP/><String HEIGHT="23" CONTENT="stability" WIDTH="82" HPOS="307" VPOS="849" ID="st14-112"/><String HEIGHT="23" CONTENT="«" WIDTH="9" HPOS="389" VPOS="849" ID="st14-113"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="398" VPOS="849" ID="st14-114"/><SP/><String HEIGHT="23" CONTENT="His" WIDTH="32" HPOS="416" VPOS="849" ID="st14-115"/><SP/><String HEIGHT="23" CONTENT="empirical" WIDTH="96" HPOS="455" VPOS="849" ID="st14-116"/><SP/><String HEIGHT="23" CONTENT="investigation" WIDTH="130" HPOS="559" VPOS="849" ID="st14-117"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="689" VPOS="849" ID="st14-118"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="708" VPOS="849" ID="st14-119"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="16" HPOS="779" VPOS="849" ID="st14-120"/></TextLine><TextLine HPOS="196" VPOS="885" ID="tl14-14" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="limited" WIDTH="73" HPOS="196" VPOS="885" ID="st14-121"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="278" VPOS="885" ID="st14-122"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="309" VPOS="885" ID="st14-123"/><SP/><String HEIGHT="23" CONTENT="evaluation" WIDTH="109" HPOS="345" VPOS="885" ID="st14-124"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="464" VPOS="885" ID="st14-125"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="495" VPOS="885" ID="st14-126"/><SP/><String HEIGHT="23" CONTENT="development" WIDTH="139" HPOS="539" VPOS="885" ID="st14-127"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="687" VPOS="885" ID="st14-128"/><SP/><String HEIGHT="23" CONTENT="negoti" WIDTH="66" HPOS="718" VPOS="885" ID="st14-129" SUBS_TYPE="HypPart1" SUBS_CONTENT="negotiated"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="885" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="921" ID="tl14-15" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ated" WIDTH="48" HPOS="196" VPOS="921" ID="st14-130" SUBS_TYPE="HypPart2" SUBS_CONTENT="negotiated"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="249" VPOS="921" ID="st14-131"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="323" VPOS="921" ID="st14-132"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="348" VPOS="921" ID="st14-133"/><SP/><String HEIGHT="23" CONTENT="metal" WIDTH="59" HPOS="389" VPOS="921" ID="st14-134"/><SP/><String HEIGHT="23" CONTENT="industry" WIDTH="85" HPOS="454" VPOS="921" ID="st14-135"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="545" VPOS="921" ID="st14-136"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="570" VPOS="921" ID="st14-137"/><SP/><String HEIGHT="23" CONTENT="border" WIDTH="71" HPOS="610" VPOS="921" ID="st14-138"/><SP/><String HEIGHT="23" CONTENT="triangle" WIDTH="81" HPOS="686" VPOS="921" ID="st14-139"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="773" VPOS="921" ID="st14-140"/></TextLine><TextLine HPOS="196" VPOS="957" ID="tl14-16" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="North" WIDTH="61" HPOS="196" VPOS="957" ID="st14-141"/><SP/><String HEIGHT="23" CONTENT="Rhine" WIDTH="56" HPOS="267" VPOS="957" ID="st14-142"/><String HEIGHT="23" CONTENT="-" WIDTH="12" HPOS="323" VPOS="957" ID="st14-143"/><String HEIGHT="23" CONTENT="Westphalia" WIDTH="113" HPOS="335" VPOS="957" ID="st14-144"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="448" VPOS="957" ID="st14-145"/><SP/><String HEIGHT="23" CONTENT="Belgium" WIDTH="86" HPOS="470" VPOS="957" ID="st14-146"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="565" VPOS="957" ID="st14-147"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="616" VPOS="957" ID="st14-148"/><SP/><String HEIGHT="23" CONTENT="Netherlands" WIDTH="123" HPOS="660" VPOS="957" ID="st14-149"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="783" VPOS="957" ID="st14-150"/></TextLine><TextLine HPOS="196" VPOS="993" ID="tl14-17" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="comes" WIDTH="68" HPOS="196" VPOS="993" ID="st14-151"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="275" VPOS="993" ID="st14-152"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="307" VPOS="993" ID="st14-153"/><SP/><String HEIGHT="23" CONTENT="conclusion" WIDTH="112" HPOS="352" VPOS="993" ID="st14-154"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="474" VPOS="993" ID="st14-155"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="527" VPOS="993" ID="st14-156"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="596" VPOS="993" ID="st14-157"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="16" HPOS="740" VPOS="993" ID="st14-158"/><SP/><String HEIGHT="23" CONTENT="ef" WIDTH="20" HPOS="766" VPOS="993" ID="st14-159" SUBS_TYPE="HypPart1" SUBS_CONTENT="effective"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="993" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1029" ID="tl14-18" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="fective" WIDTH="67" HPOS="196" VPOS="1029" ID="st14-160" SUBS_TYPE="HypPart2" SUBS_CONTENT="effective"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="263" VPOS="1029" ID="st14-161"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="281" VPOS="1029" ID="st14-162"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="331" VPOS="1029" ID="st14-163"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="355" VPOS="1029" ID="st14-164"/><SP/><String HEIGHT="23" CONTENT="problem" WIDTH="84" HPOS="375" VPOS="1029" ID="st14-165"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="459" VPOS="1029" ID="st14-166"/><SP/><String HEIGHT="23" CONTENT="however" WIDTH="84" HPOS="479" VPOS="1029" ID="st14-167"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="563" VPOS="1029" ID="st14-168"/><SP/><String HEIGHT="23" CONTENT="because" WIDTH="86" HPOS="584" VPOS="1029" ID="st14-169"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="678" VPOS="1029" ID="st14-170"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="37" HPOS="706" VPOS="1029" ID="st14-171"/><SP/><String HEIGHT="23" CONTENT="way" WIDTH="43" HPOS="752" VPOS="1029" ID="st14-172"/></TextLine><TextLine HPOS="196" VPOS="1065" ID="tl14-19" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="196" VPOS="1065" ID="st14-173"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="222" VPOS="1065" ID="st14-174"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="326" VPOS="1065" ID="st14-175"/><SP/><String HEIGHT="23" CONTENT="high" WIDTH="48" HPOS="379" VPOS="1065" ID="st14-176"/><SP/><String HEIGHT="23" CONTENT="inflation" WIDTH="84" HPOS="433" VPOS="1065" ID="st14-177"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="517" VPOS="1065" ID="st14-178"/><SP/><String HEIGHT="23" CONTENT="such" WIDTH="48" HPOS="534" VPOS="1065" ID="st14-179"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="589" VPOS="1065" ID="st14-180"/><SP/><String HEIGHT="23" CONTENT="Greece" WIDTH="70" HPOS="617" VPOS="1065" ID="st14-181"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="687" VPOS="1065" ID="st14-182"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="705" VPOS="1065" ID="st14-183"/><SP/><String HEIGHT="23" CONTENT="wage–" WIDTH="71" HPOS="724" VPOS="1065" ID="st14-184"/></TextLine><TextLine HPOS="196" VPOS="1101" ID="tl14-20" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="price" WIDTH="52" HPOS="196" VPOS="1101" ID="st14-185"/><SP/><String HEIGHT="23" CONTENT="spiral" WIDTH="55" HPOS="254" VPOS="1101" ID="st14-186"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="16" HPOS="315" VPOS="1101" ID="st14-187"/><SP/><String HEIGHT="23" CONTENT="initiated" WIDTH="83" HPOS="337" VPOS="1101" ID="st14-188"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="420" VPOS="1101" ID="st14-189"/><SP/><String HEIGHT="23" CONTENT="For" WIDTH="33" HPOS="436" VPOS="1101" ID="st14-190"/><SP/><String HEIGHT="23" CONTENT="this" WIDTH="38" HPOS="475" VPOS="1101" ID="st14-191"/><SP/><String HEIGHT="23" CONTENT="reason" WIDTH="70" HPOS="519" VPOS="1101" ID="st14-192"/><SP/><String HEIGHT="23" CONTENT="autonomous" WIDTH="134" HPOS="596" VPOS="1101" ID="st14-193"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="736" VPOS="1101" ID="st14-194"/></TextLine><TextLine HPOS="196" VPOS="1138" ID="tl14-21" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="coordination" WIDTH="135" HPOS="196" VPOS="1138" ID="st14-195"/><SP/><String HEIGHT="22" CONTENT="by" WIDTH="25" HPOS="337" VPOS="1138" ID="st14-196"/><SP/><String HEIGHT="22" CONTENT="trade" WIDTH="55" HPOS="369" VPOS="1138" ID="st14-197"/><SP/><String HEIGHT="22" CONTENT="unions" WIDTH="70" HPOS="431" VPOS="1138" ID="st14-198"/><SP/><String HEIGHT="22" CONTENT="is" WIDTH="15" HPOS="508" VPOS="1138" ID="st14-199"/><SP/><String HEIGHT="22" CONTENT="unsuitable" WIDTH="109" HPOS="530" VPOS="1138" ID="st14-200"/><SP/><String HEIGHT="22" CONTENT="for" WIDTH="30" HPOS="646" VPOS="1138" ID="st14-201"/><SP/><String HEIGHT="22" CONTENT="macroeco" WIDTH="100" HPOS="683" VPOS="1138" ID="st14-202" SUBS_TYPE="HypPart1" SUBS_CONTENT="macroeconomic"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1138" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="1174" ID="tl14-22" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="nomic" WIDTH="66" HPOS="196" VPOS="1174" ID="st14-203" SUBS_TYPE="HypPart2" SUBS_CONTENT="macroeconomic"/><SP/><String HEIGHT="23" CONTENT="stability" WIDTH="81" HPOS="270" VPOS="1174" ID="st14-204"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="359" VPOS="1174" ID="st14-205"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="69" HPOS="387" VPOS="1174" ID="st14-206"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="456" VPOS="1174" ID="st14-207"/><SP/><String HEIGHT="23" CONTENT="Ultimately" WIDTH="100" HPOS="477" VPOS="1174" ID="st14-208"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="577" VPOS="1174" ID="st14-209"/><SP/><String HEIGHT="23" CONTENT="stability" WIDTH="80" HPOS="597" VPOS="1174" ID="st14-210"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="685" VPOS="1174" ID="st14-211"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="731" VPOS="1174" ID="st14-212"/><SP/><String HEIGHT="23" CONTENT="re" WIDTH="20" HPOS="766" VPOS="1174" ID="st14-213" SUBS_TYPE="HypPart1" SUBS_CONTENT="restored"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1174" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1210" ID="tl14-23" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="stored" WIDTH="67" HPOS="196" VPOS="1210" ID="st14-214" SUBS_TYPE="HypPart2" SUBS_CONTENT="restored"/><SP/><String HEIGHT="23" CONTENT="only" WIDTH="45" HPOS="273" VPOS="1210" ID="st14-215"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="328" VPOS="1210" ID="st14-216"/><SP/><String HEIGHT="23" CONTENT="means" WIDTH="69" HPOS="364" VPOS="1210" ID="st14-217"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="444" VPOS="1210" ID="st14-218"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="477" VPOS="1210" ID="st14-219"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="590" VPOS="1210" ID="st14-220"/><SP/><String HEIGHT="23" CONTENT="labour" WIDTH="68" HPOS="641" VPOS="1210" ID="st14-221"/><SP/><String HEIGHT="23" CONTENT="market" WIDTH="75" HPOS="720" VPOS="1210" ID="st14-222"/></TextLine><TextLine HPOS="196" VPOS="1246" ID="tl14-24" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="196" VPOS="1246" ID="st14-223"/><SP/><String HEIGHT="23" CONTENT="measures" WIDTH="100" HPOS="266" VPOS="1246" ID="st14-224"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="375" VPOS="1246" ID="st14-225"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="403" VPOS="1246" ID="st14-226"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="509" VPOS="1246" ID="st14-227"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="558" VPOS="1246" ID="st14-228"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="587" VPOS="1246" ID="st14-229"/><SP/><String HEIGHT="23" CONTENT="level" WIDTH="45" HPOS="697" VPOS="1246" ID="st14-230"/><String HEIGHT="23" CONTENT=":" WIDTH="9" HPOS="742" VPOS="1246" ID="st14-231"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="760" VPOS="1246" ID="st14-232"/></TextLine><TextLine HPOS="196" VPOS="1282" ID="tl14-25" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ECB" WIDTH="34" HPOS="196" VPOS="1282" ID="st14-233"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="230" VPOS="1282" ID="st14-234"/><String HEIGHT="23" CONTENT="s" WIDTH="12" HPOS="241" VPOS="1282" ID="st14-235"/><SP/><String HEIGHT="23" CONTENT="target" WIDTH="64" HPOS="261" VPOS="1282" ID="st14-236"/><SP/><String HEIGHT="23" CONTENT="inflation" WIDTH="87" HPOS="333" VPOS="1282" ID="st14-237"/><SP/><String HEIGHT="23" CONTENT="rate" WIDTH="42" HPOS="428" VPOS="1282" ID="st14-238"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="477" VPOS="1282" ID="st14-239"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="507" VPOS="1282" ID="st14-240"/><SP/><String HEIGHT="23" CONTENT="guide" WIDTH="59" HPOS="528" VPOS="1282" ID="st14-241"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="595" VPOS="1282" ID="st14-242"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="633" VPOS="1282" ID="st14-243"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="96" HPOS="699" VPOS="1282" ID="st14-244"/></TextLine><TextLine HPOS="196" VPOS="1318" ID="tl14-26" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="196" VPOS="1318" ID="st14-245"/><SP/><String HEIGHT="23" CONTENT="crisis" WIDTH="50" HPOS="223" VPOS="1318" ID="st14-246"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="281" VPOS="1318" ID="st14-247"/><SP/><String HEIGHT="23" CONTENT="suffering" WIDTH="94" HPOS="386" VPOS="1318" ID="st14-248"/><SP/><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="487" VPOS="1318" ID="st14-249"/><SP/><String HEIGHT="23" CONTENT="inflation" WIDTH="87" HPOS="546" VPOS="1318" ID="st14-250"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="641" VPOS="1318" ID="st14-251"/><SP/><String HEIGHT="23" CONTENT="supposed" WIDTH="101" HPOS="664" VPOS="1318" ID="st14-252"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="773" VPOS="1318" ID="st14-253"/></TextLine><TextLine HPOS="196" VPOS="1354" ID="tl14-27" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="put" WIDTH="36" HPOS="196" VPOS="1354" ID="st14-254"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="238" VPOS="1354" ID="st14-255"/><SP/><String HEIGHT="23" CONTENT="ceiling" WIDTH="68" HPOS="257" VPOS="1354" ID="st14-256"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="331" VPOS="1354" ID="st14-257"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="365" VPOS="1354" ID="st14-258"/><SP/><String HEIGHT="23" CONTENT="development" WIDTH="133" HPOS="429" VPOS="1354" ID="st14-259"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="562" VPOS="1354" ID="st14-260"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="581" VPOS="1354" ID="st14-261"/><SP/><String HEIGHT="23" CONTENT="undercutting" WIDTH="137" HPOS="606" VPOS="1354" ID="st14-262"/><SP/><String HEIGHT="23" CONTENT="Ger" WIDTH="35" HPOS="749" VPOS="1354" ID="st14-263" SUBS_TYPE="HypPart1" SUBS_CONTENT="Germany"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1354" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1390" ID="tl14-28" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="many" WIDTH="50" HPOS="196" VPOS="1390" ID="st14-264" SUBS_TYPE="HypPart2" SUBS_CONTENT="Germany"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="246" VPOS="1390" ID="st14-265"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="265" VPOS="1390" ID="st14-266"/><SP/><String HEIGHT="23" CONTENT="contrast" WIDTH="82" HPOS="289" VPOS="1390" ID="st14-267"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="371" VPOS="1390" ID="st14-268"/><String HEIGHT="23" CONTENT="»" WIDTH="14" HPOS="388" VPOS="1390" ID="st14-269"/><String HEIGHT="23" CONTENT="minimum" WIDTH="101" HPOS="402" VPOS="1390" ID="st14-270"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="508" VPOS="1390" ID="st14-271"/><SP/><String HEIGHT="23" CONTENT="or" WIDTH="23" HPOS="581" VPOS="1390" ID="st14-272"/><SP/><String HEIGHT="23" CONTENT="higher" WIDTH="68" HPOS="609" VPOS="1390" ID="st14-273"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="59" HPOS="682" VPOS="1390" ID="st14-274"/><SP/><String HEIGHT="23" CONTENT="ben" WIDTH="37" HPOS="746" VPOS="1390" ID="st14-275" SUBS_TYPE="HypPart1" SUBS_CONTENT="benefits"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1390" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1426" ID="tl14-29" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="efits" WIDTH="49" HPOS="196" VPOS="1426" ID="st14-276" SUBS_TYPE="HypPart2" SUBS_CONTENT="benefits"/><String HEIGHT="23" CONTENT="«" WIDTH="10" HPOS="245" VPOS="1426" ID="st14-277"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="32" HPOS="262" VPOS="1426" ID="st14-278"/><SP/><String HEIGHT="23" CONTENT="supposed" WIDTH="102" HPOS="301" VPOS="1426" ID="st14-279"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="410" VPOS="1426" ID="st14-280"/><SP/><String HEIGHT="23" CONTENT="help" WIDTH="42" HPOS="439" VPOS="1426" ID="st14-281"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="481" VPOS="1426" ID="st14-282"/><SP/><String HEIGHT="23" CONTENT="Finally" WIDTH="60" HPOS="499" VPOS="1426" ID="st14-283"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="559" VPOS="1426" ID="st14-284"/><SP/><String HEIGHT="23" CONTENT="further" WIDTH="74" HPOS="575" VPOS="1426" ID="st14-285"/><SP/><String HEIGHT="23" CONTENT="development" WIDTH="139" HPOS="656" VPOS="1426" ID="st14-286"/></TextLine><TextLine HPOS="196" VPOS="1463" ID="tl14-30" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="of" WIDTH="23" HPOS="196" VPOS="1463" ID="st14-287"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="226" VPOS="1463" ID="st14-288"/><SP/><String HEIGHT="22" CONTENT="Stability" WIDTH="83" HPOS="268" VPOS="1463" ID="st14-289"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="40" HPOS="359" VPOS="1463" ID="st14-290"/><SP/><String HEIGHT="22" CONTENT="Growth" WIDTH="82" HPOS="406" VPOS="1463" ID="st14-291"/><SP/><String HEIGHT="22" CONTENT="Pact" WIDTH="45" HPOS="495" VPOS="1463" ID="st14-292"/><SP/><String HEIGHT="22" CONTENT="by" WIDTH="25" HPOS="547" VPOS="1463" ID="st14-293"/><SP/><String HEIGHT="22" CONTENT="EU" WIDTH="30" HPOS="579" VPOS="1463" ID="st14-294"/><SP/><String HEIGHT="22" CONTENT="bodies" WIDTH="69" HPOS="616" VPOS="1463" ID="st14-295"/><SP/><String HEIGHT="22" CONTENT="by" WIDTH="25" HPOS="693" VPOS="1463" ID="st14-296"/><SP/><String HEIGHT="22" CONTENT="means" WIDTH="70" HPOS="725" VPOS="1463" ID="st14-297"/></TextLine><TextLine HPOS="196" VPOS="1499" ID="tl14-31" WIDTH="550" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="196" VPOS="1499" ID="st14-298"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="226" VPOS="1499" ID="st14-299"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="245" VPOS="1499" ID="st14-300"/><SP/><String HEIGHT="23" CONTENT="scoreboard" WIDTH="117" HPOS="421" VPOS="1499" ID="st14-301"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="545" VPOS="1499" ID="st14-302"/><SP/><String HEIGHT="23" CONTENT="forward" WIDTH="78" HPOS="567" VPOS="1499" ID="st14-303"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="645" VPOS="1499" ID="st14-304"/><String HEIGHT="23" CONTENT="looking" WIDTH="78" HPOS="656" VPOS="1499" ID="st14-305"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="734" VPOS="1499" ID="st14-306"/></TextLine><TextLine HPOS="196" VPOS="1571" ID="tl14-32" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Macroeconomic" WIDTH="171" HPOS="196" VPOS="1571" ID="st14-307"/><SP/><String HEIGHT="23" CONTENT="stability" WIDTH="81" HPOS="372" VPOS="1571" ID="st14-308"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="458" VPOS="1571" ID="st14-309"/><SP/><String HEIGHT="23" CONTENT="unquestionably" WIDTH="162" HPOS="479" VPOS="1571" ID="st14-310"/><SP/><String HEIGHT="23" CONTENT="desirable" WIDTH="90" HPOS="647" VPOS="1571" ID="st14-311"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="737" VPOS="1571" ID="st14-312"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="753" VPOS="1571" ID="st14-313"/></TextLine><TextLine HPOS="196" VPOS="1607" ID="tl14-33" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="from" WIDTH="51" HPOS="196" VPOS="1607" ID="st14-314"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="253" VPOS="1607" ID="st14-315"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="294" VPOS="1607" ID="st14-316"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="355" VPOS="1607" ID="st14-317"/><SP/><String HEIGHT="23" CONTENT="standpoint" WIDTH="110" HPOS="422" VPOS="1607" ID="st14-318"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="532" VPOS="1607" ID="st14-319"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="549" VPOS="1607" ID="st14-320"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="595" VPOS="1607" ID="st14-321"/><SP/><String HEIGHT="23" CONTENT="imbalances" WIDTH="118" HPOS="636" VPOS="1607" ID="st14-322"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="24" HPOS="760" VPOS="1607" ID="st14-323" SUBS_TYPE="HypPart1" SUBS_CONTENT="between"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1607" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1643" ID="tl14-34" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tween" WIDTH="67" HPOS="196" VPOS="1643" ID="st14-324" SUBS_TYPE="HypPart2" SUBS_CONTENT="between"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="271" VPOS="1643" ID="st14-325"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="380" VPOS="1643" ID="st14-326"/><SP/><String HEIGHT="23" CONTENT="must" WIDTH="53" HPOS="485" VPOS="1643" ID="st14-327"/><SP/><String HEIGHT="23" CONTENT="clearly" WIDTH="67" HPOS="546" VPOS="1643" ID="st14-328"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="621" VPOS="1643" ID="st14-329"/><SP/><String HEIGHT="23" CONTENT="reduced" WIDTH="81" HPOS="655" VPOS="1643" ID="st14-330"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="736" VPOS="1643" ID="st14-331"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="756" VPOS="1643" ID="st14-332"/></TextLine><TextLine HPOS="196" VPOS="1679" ID="tl14-35" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="question" WIDTH="92" HPOS="196" VPOS="1679" ID="st14-333"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="295" VPOS="1679" ID="st14-334"/><SP/><String HEIGHT="23" CONTENT="only" WIDTH="44" HPOS="317" VPOS="1679" ID="st14-335"/><SP/><String HEIGHT="23" CONTENT="who" WIDTH="48" HPOS="368" VPOS="1679" ID="st14-336"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="422" VPOS="1679" ID="st14-337"/><SP/><String HEIGHT="23" CONTENT="benefit" WIDTH="75" HPOS="496" VPOS="1679" ID="st14-338"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="578" VPOS="1679" ID="st14-339"/><SP/><String HEIGHT="23" CONTENT="who" WIDTH="47" HPOS="625" VPOS="1679" ID="st14-340"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="679" VPOS="1679" ID="st14-341"/><SP/><String HEIGHT="23" CONTENT="pay" WIDTH="31" HPOS="753" VPOS="1679" ID="st14-342"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="784" VPOS="1679" ID="st14-343"/></TextLine><TextLine HPOS="196" VPOS="1715" ID="tl14-36" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="196" VPOS="1715" ID="st14-344"/><SP/><String HEIGHT="23" CONTENT="approach" WIDTH="100" HPOS="241" VPOS="1715" ID="st14-345"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="347" VPOS="1715" ID="st14-346"/><SP/><String HEIGHT="23" CONTENT="question" WIDTH="92" HPOS="372" VPOS="1715" ID="st14-347"/><SP/><String HEIGHT="23" CONTENT="here" WIDTH="47" HPOS="470" VPOS="1715" ID="st14-348"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="523" VPOS="1715" ID="st14-349"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="565" VPOS="1715" ID="st14-350"/><SP/><String HEIGHT="23" CONTENT="mind" WIDTH="54" HPOS="590" VPOS="1715" ID="st14-351"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="650" VPOS="1715" ID="st14-352"/><SP/><String HEIGHT="23" CONTENT="kind" WIDTH="46" HPOS="669" VPOS="1715" ID="st14-353"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="721" VPOS="1715" ID="st14-354"/><SP/><String HEIGHT="23" CONTENT="cen" WIDTH="35" HPOS="749" VPOS="1715" ID="st14-355" SUBS_TYPE="HypPart1" SUBS_CONTENT="centrally"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1715" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1751" ID="tl14-37" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="trally" WIDTH="52" HPOS="196" VPOS="1751" ID="st14-356" SUBS_TYPE="HypPart2" SUBS_CONTENT="centrally"/><SP/><String HEIGHT="23" CONTENT="controllable" WIDTH="125" HPOS="259" VPOS="1751" ID="st14-357"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="395" VPOS="1751" ID="st14-358"/><SP/><String HEIGHT="23" CONTENT="automatism" WIDTH="126" HPOS="465" VPOS="1751" ID="st14-359"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="602" VPOS="1751" ID="st14-360"/><SP/><String HEIGHT="23" CONTENT="appears" WIDTH="83" HPOS="678" VPOS="1751" ID="st14-361"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="772" VPOS="1751" ID="st14-362"/></TextLine><TextLine HPOS="196" VPOS="1788" ID="tl14-38" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="regard" WIDTH="69" HPOS="196" VPOS="1788" ID="st14-363"/><SP/><String HEIGHT="22" CONTENT="dealing" WIDTH="78" HPOS="275" VPOS="1788" ID="st14-364"/><SP/><String HEIGHT="22" CONTENT="with" WIDTH="48" HPOS="362" VPOS="1788" ID="st14-365"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="419" VPOS="1788" ID="st14-366"/><SP/><String HEIGHT="22" CONTENT="interests" WIDTH="88" HPOS="464" VPOS="1788" ID="st14-367"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="23" HPOS="562" VPOS="1788" ID="st14-368"/><SP/><String HEIGHT="22" CONTENT="social" WIDTH="59" HPOS="594" VPOS="1788" ID="st14-369"/><SP/><String HEIGHT="22" CONTENT="actors" WIDTH="63" HPOS="663" VPOS="1788" ID="st14-370"/><SP/><String HEIGHT="22" CONTENT="as" WIDTH="23" HPOS="736" VPOS="1788" ID="st14-371"/><SP/><String HEIGHT="22" CONTENT="an" WIDTH="27" HPOS="768" VPOS="1788" ID="st14-372"/></TextLine><TextLine HPOS="196" VPOS="1824" ID="tl14-39" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="annoyance" WIDTH="110" HPOS="196" VPOS="1824" ID="st14-373"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="306" VPOS="1824" ID="st14-374"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="41" HPOS="326" VPOS="1824" ID="st14-375"/><SP/><String HEIGHT="23" CONTENT="technocratic" WIDTH="131" HPOS="374" VPOS="1824" ID="st14-376"/><SP/><String HEIGHT="23" CONTENT="approach" WIDTH="100" HPOS="512" VPOS="1824" ID="st14-377"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="619" VPOS="1824" ID="st14-378"/><SP/><String HEIGHT="23" CONTENT="political" WIDTH="82" HPOS="648" VPOS="1824" ID="st14-379"/><SP/><String HEIGHT="23" CONTENT="prob" WIDTH="47" HPOS="737" VPOS="1824" ID="st14-380" SUBS_TYPE="HypPart1" SUBS_CONTENT="problems"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1824" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1860" ID="tl14-40" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="lems" WIDTH="49" HPOS="196" VPOS="1860" ID="st14-381" SUBS_TYPE="HypPart2" SUBS_CONTENT="problems"/><SP/><String HEIGHT="23" CONTENT="disguises" WIDTH="95" HPOS="256" VPOS="1860" ID="st14-382"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="362" VPOS="1860" ID="st14-383"/><SP/><String HEIGHT="23" CONTENT="prevailing" WIDTH="103" HPOS="408" VPOS="1860" ID="st14-384"/><SP/><String HEIGHT="23" CONTENT="power" WIDTH="68" HPOS="522" VPOS="1860" ID="st14-385"/><SP/><String HEIGHT="23" CONTENT="relations" WIDTH="87" HPOS="601" VPOS="1860" ID="st14-386"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="688" VPOS="1860" ID="st14-387"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="709" VPOS="1860" ID="st14-388"/><SP/><String HEIGHT="23" CONTENT="ap" WIDTH="24" HPOS="759" VPOS="1860" ID="st14-389" SUBS_TYPE="HypPart1" SUBS_CONTENT="apparently"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1860" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1896" ID="tl14-41" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="parently" WIDTH="86" HPOS="196" VPOS="1896" ID="st14-390" SUBS_TYPE="HypPart2" SUBS_CONTENT="apparently"/><SP/><String HEIGHT="23" CONTENT="non" WIDTH="30" HPOS="289" VPOS="1896" ID="st14-391"/><String HEIGHT="23" CONTENT="-" WIDTH="10" HPOS="319" VPOS="1896" ID="st14-392"/><String HEIGHT="23" CONTENT="political" WIDTH="92" HPOS="329" VPOS="1896" ID="st14-393"/><SP/><String HEIGHT="23" CONTENT="rationality" WIDTH="106" HPOS="428" VPOS="1896" ID="st14-394"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="541" VPOS="1896" ID="st14-395"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="570" VPOS="1896" ID="st14-396"/><String HEIGHT="23" CONTENT="»" WIDTH="13" HPOS="612" VPOS="1896" ID="st14-397"/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="170" HPOS="625" VPOS="1896" ID="st14-398"/></TextLine><TextLine HPOS="196" VPOS="1932" ID="tl14-42" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="toolbox" WIDTH="83" HPOS="196" VPOS="1932" ID="st14-399"/><String HEIGHT="23" CONTENT="«" WIDTH="12" HPOS="279" VPOS="1932" ID="st14-400"/><SP/><String HEIGHT="23" CONTENT="frequently" WIDTH="108" HPOS="299" VPOS="1932" ID="st14-401"/><SP/><String HEIGHT="23" CONTENT="invoked" WIDTH="83" HPOS="415" VPOS="1932" ID="st14-402"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="507" VPOS="1932" ID="st14-403"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="534" VPOS="1932" ID="st14-404"/><SP/><String HEIGHT="23" CONTENT="text" WIDTH="40" HPOS="577" VPOS="1932" ID="st14-405"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="626" VPOS="1932" ID="st14-406"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="649" VPOS="1932" ID="st14-407"/><SP/><String HEIGHT="23" CONTENT="myth" WIDTH="48" HPOS="670" VPOS="1932" ID="st14-408"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="718" VPOS="1932" ID="st14-409"/><SP/><String HEIGHT="23" CONTENT="how" WIDTH="42" HPOS="739" VPOS="1932" ID="st14-410" SUBS_TYPE="HypPart1" SUBS_CONTENT="however"/><HYP CONTENT="-" WIDTH="14" HPOS="781" VPOS="1932" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1968" ID="tl14-43" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ever" WIDTH="39" HPOS="196" VPOS="1968" ID="st14-411" SUBS_TYPE="HypPart2" SUBS_CONTENT="however"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="235" VPOS="1968" ID="st14-412"/><SP/><String HEIGHT="23" CONTENT="Under" WIDTH="65" HPOS="252" VPOS="1968" ID="st14-413"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="323" VPOS="1968" ID="st14-414"/><SP/><String HEIGHT="23" CONTENT="pretext" WIDTH="74" HPOS="365" VPOS="1968" ID="st14-415"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="445" VPOS="1968" ID="st14-416"/><String HEIGHT="23" CONTENT="»" WIDTH="9" HPOS="474" VPOS="1968" ID="st14-417"/><String HEIGHT="23" CONTENT="stability" WIDTH="85" HPOS="483" VPOS="1968" ID="st14-418"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="575" VPOS="1968" ID="st14-419"/><SP/><String HEIGHT="23" CONTENT="growth" WIDTH="74" HPOS="621" VPOS="1968" ID="st14-420"/><String HEIGHT="23" CONTENT="«" WIDTH="12" HPOS="695" VPOS="1968" ID="st14-421"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="707" VPOS="1968" ID="st14-422"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="726" VPOS="1968" ID="st14-423"/><SP/><String HEIGHT="23" CONTENT="ex" WIDTH="22" HPOS="763" VPOS="1968" ID="st14-424" SUBS_TYPE="HypPart1" SUBS_CONTENT="example"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="1968" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="2004" ID="tl14-44" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ample" WIDTH="60" HPOS="196" VPOS="2004" ID="st14-425" SUBS_TYPE="HypPart2" SUBS_CONTENT="example"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="256" VPOS="2004" ID="st14-426"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="274" VPOS="2004" ID="st14-427"/><SP/><String HEIGHT="23" CONTENT="rights" WIDTH="59" HPOS="315" VPOS="2004" ID="st14-428"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="380" VPOS="2004" ID="st14-429"/><SP/><String HEIGHT="23" CONTENT="workers" WIDTH="85" HPOS="408" VPOS="2004" ID="st14-430"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="499" VPOS="2004" ID="st14-431"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="554" VPOS="2004" ID="st14-432"/><SP/><String HEIGHT="23" CONTENT="years" WIDTH="54" HPOS="591" VPOS="2004" ID="st14-433"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="650" VPOS="2004" ID="st14-434"/><SP/><String HEIGHT="23" CONTENT="reduced" WIDTH="86" HPOS="709" VPOS="2004" ID="st14-435"/></TextLine><TextLine HPOS="196" VPOS="2040" ID="tl14-45" WIDTH="367" HEIGHT="23"><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="196" VPOS="2040" ID="st14-436"/><SP/><String HEIGHT="23" CONTENT="welfare" WIDTH="78" HPOS="244" VPOS="2040" ID="st14-437"/><SP/><String HEIGHT="23" CONTENT="systems" WIDTH="82" HPOS="329" VPOS="2040" ID="st14-438"/><SP/><String HEIGHT="23" CONTENT="cut" WIDTH="33" HPOS="418" VPOS="2040" ID="st14-439"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="458" VPOS="2040" ID="st14-440"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="485" VPOS="2040" ID="st14-441"/><SP/><String HEIGHT="23" CONTENT="EU" WIDTH="24" HPOS="526" VPOS="2040" ID="st14-442"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="550" VPOS="2040" ID="st14-443"/></TextLine><TextLine HPOS="858" VPOS="451" ID="tl14-46" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="Trade" WIDTH="57" HPOS="858" VPOS="451" ID="st14-444"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="62" HPOS="927" VPOS="451" ID="st14-445"/><SP/><String HEIGHT="23" CONTENT="action" WIDTH="66" HPOS="1001" VPOS="451" ID="st14-446"/><SP/><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="1079" VPOS="451" ID="st14-447"/><SP/><String HEIGHT="23" CONTENT="different" WIDTH="91" HPOS="1127" VPOS="451" ID="st14-448"/><SP/><String HEIGHT="23" CONTENT="aims" WIDTH="49" HPOS="1230" VPOS="451" ID="st14-449"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1291" VPOS="451" ID="st14-450"/><SP/><String HEIGHT="23" CONTENT="legitimacy" WIDTH="102" HPOS="1343" VPOS="451" ID="st14-451"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1445" VPOS="451" ID="st14-452"/></TextLine><TextLine HPOS="858" VPOS="488" ID="tl14-47" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="Trade" WIDTH="57" HPOS="858" VPOS="488" ID="st14-453"/><SP/><String HEIGHT="22" CONTENT="union" WIDTH="61" HPOS="924" VPOS="488" ID="st14-454"/><SP/><String HEIGHT="22" CONTENT="collective" WIDTH="97" HPOS="994" VPOS="488" ID="st14-455"/><SP/><String HEIGHT="22" CONTENT="bargaining" WIDTH="114" HPOS="1100" VPOS="488" ID="st14-456"/><SP/><String HEIGHT="22" CONTENT="policy" WIDTH="61" HPOS="1223" VPOS="488" ID="st14-457"/><SP/><String HEIGHT="22" CONTENT="is" WIDTH="16" HPOS="1293" VPOS="488" ID="st14-458"/><SP/><String HEIGHT="22" CONTENT="aimed" WIDTH="65" HPOS="1318" VPOS="488" ID="st14-459"/><SP/><String HEIGHT="22" CONTENT="at" WIDTH="21" HPOS="1392" VPOS="488" ID="st14-460"/><SP/><String HEIGHT="22" CONTENT="im" WIDTH="23" HPOS="1422" VPOS="488" ID="st14-461" SUBS_TYPE="HypPart1" SUBS_CONTENT="improving"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="488" HEIGHT="22"/></TextLine><TextLine HPOS="858" VPOS="524" ID="tl14-48" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="proving" WIDTH="80" HPOS="858" VPOS="524" ID="st14-462" SUBS_TYPE="HypPart2" SUBS_CONTENT="improving"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="947" VPOS="524" ID="st14-463"/><SP/><String HEIGHT="23" CONTENT="working" WIDTH="88" HPOS="991" VPOS="524" ID="st14-464"/><SP/><String HEIGHT="23" CONTENT="conditions" WIDTH="110" HPOS="1088" VPOS="524" ID="st14-465"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1207" VPOS="524" ID="st14-466"/><SP/><String HEIGHT="23" CONTENT="living" WIDTH="56" HPOS="1257" VPOS="524" ID="st14-467"/><SP/><String HEIGHT="23" CONTENT="standards" WIDTH="102" HPOS="1322" VPOS="524" ID="st14-468"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1434" VPOS="524" ID="st14-469"/></TextLine><TextLine HPOS="858" VPOS="560" ID="tl14-49" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="employees" WIDTH="108" HPOS="858" VPOS="560" ID="st14-470"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="966" VPOS="560" ID="st14-471"/><SP/><String HEIGHT="23" CONTENT="Free" WIDTH="44" HPOS="991" VPOS="560" ID="st14-472"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="98" HPOS="1048" VPOS="560" ID="st14-473"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="115" HPOS="1159" VPOS="560" ID="st14-474"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="1287" VPOS="560" ID="st14-475"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="59" HPOS="1312" VPOS="560" ID="st14-476"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1371" VPOS="560" ID="st14-477"/><SP/><String HEIGHT="23" CONTENT="along" WIDTH="60" HPOS="1396" VPOS="560" ID="st14-478"/></TextLine><TextLine HPOS="858" VPOS="596" ID="tl14-50" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="858" VPOS="596" ID="st14-479"/><SP/><String HEIGHT="23" CONTENT="freedom" WIDTH="90" HPOS="913" VPOS="596" ID="st14-480"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1011" VPOS="596" ID="st14-481"/><SP/><String HEIGHT="23" CONTENT="association" WIDTH="112" HPOS="1042" VPOS="596" ID="st14-482"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1154" VPOS="596" ID="st14-483"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="16" HPOS="1173" VPOS="596" ID="st14-484"/><SP/><String HEIGHT="23" CONTENT="enshrined" WIDTH="104" HPOS="1197" VPOS="596" ID="st14-485"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1309" VPOS="596" ID="st14-486"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1337" VPOS="596" ID="st14-487"/><SP/><String HEIGHT="23" CONTENT="Consti" WIDTH="66" HPOS="1380" VPOS="596" ID="st14-488" SUBS_TYPE="HypPart1" SUBS_CONTENT="Constitution"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="596" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="632" ID="tl14-51" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tution" WIDTH="64" HPOS="858" VPOS="632" ID="st14-489" SUBS_TYPE="HypPart2" SUBS_CONTENT="Constitution"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="930" VPOS="632" ID="st14-490"/><SP/><String HEIGHT="23" CONTENT="assigned" WIDTH="91" HPOS="951" VPOS="632" ID="st14-491"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1050" VPOS="632" ID="st14-492"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="1093" VPOS="632" ID="st14-493"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="1157" VPOS="632" ID="st14-494"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1236" VPOS="632" ID="st14-495"/><SP/><String HEIGHT="23" CONTENT="role" WIDTH="40" HPOS="1257" VPOS="632" ID="st14-496"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1305" VPOS="632" ID="st14-497"/><SP/><String HEIGHT="23" CONTENT="income" WIDTH="77" HPOS="1333" VPOS="632" ID="st14-498"/><SP/><String HEIGHT="23" CONTENT="dis" WIDTH="28" HPOS="1419" VPOS="632" ID="st14-499" SUBS_TYPE="HypPart1" SUBS_CONTENT="distribution"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="632" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="668" ID="tl14-52" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tribution" WIDTH="91" HPOS="858" VPOS="668" ID="st14-500" SUBS_TYPE="HypPart2" SUBS_CONTENT="distribution"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="957" VPOS="668" ID="st14-501"/><SP/><String HEIGHT="23" CONTENT="regard" WIDTH="69" HPOS="1011" VPOS="668" ID="st14-502"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1087" VPOS="668" ID="st14-503"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1117" VPOS="668" ID="st14-504"/><SP/><String HEIGHT="23" CONTENT="economy" WIDTH="97" HPOS="1159" VPOS="668" ID="st14-505"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="1263" VPOS="668" ID="st14-506"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1293" VPOS="668" ID="st14-507"/><SP/><String HEIGHT="23" CONTENT="whole" WIDTH="60" HPOS="1312" VPOS="668" ID="st14-508"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1372" VPOS="668" ID="st14-509"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="1392" VPOS="668" ID="st14-510"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1441" VPOS="668" ID="st14-511"/></TextLine><TextLine HPOS="858" VPOS="704" ID="tl14-53" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="because" WIDTH="86" HPOS="858" VPOS="704" ID="st14-512"/><SP/><String HEIGHT="23" CONTENT="democracy" WIDTH="115" HPOS="949" VPOS="704" ID="st14-513"/><SP/><String HEIGHT="23" CONTENT="functions" WIDTH="98" HPOS="1069" VPOS="704" ID="st14-514"/><SP/><String HEIGHT="23" CONTENT="only" WIDTH="44" HPOS="1173" VPOS="704" ID="st14-515"/><SP/><String HEIGHT="23" CONTENT="if" WIDTH="14" HPOS="1222" VPOS="704" ID="st14-516"/><SP/><String HEIGHT="23" CONTENT="citizens" WIDTH="78" HPOS="1241" VPOS="704" ID="st14-517"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="1324" VPOS="704" ID="st14-518"/><SP/><String HEIGHT="23" CONTENT="econom" WIDTH="81" HPOS="1362" VPOS="704" ID="st14-519" SUBS_TYPE="HypPart1" SUBS_CONTENT="economically"/><HYP CONTENT="-" WIDTH="13" HPOS="1443" VPOS="704" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="740" ID="tl14-54" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ically" WIDTH="51" HPOS="858" VPOS="740" ID="st14-520" SUBS_TYPE="HypPart2" SUBS_CONTENT="economically"/><SP/><String HEIGHT="23" CONTENT="independent" WIDTH="135" HPOS="915" VPOS="740" ID="st14-521"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1056" VPOS="740" ID="st14-522"/><SP/><String HEIGHT="23" CONTENT="if" WIDTH="14" HPOS="1102" VPOS="740" ID="st14-523"/><SP/><String HEIGHT="23" CONTENT="those" WIDTH="58" HPOS="1122" VPOS="740" ID="st14-524"/><SP/><String HEIGHT="23" CONTENT="who" WIDTH="48" HPOS="1186" VPOS="740" ID="st14-525"/><SP/><String HEIGHT="23" CONTENT="possess" WIDTH="79" HPOS="1240" VPOS="740" ID="st14-526"/><SP/><String HEIGHT="23" CONTENT="only" WIDTH="44" HPOS="1325" VPOS="740" ID="st14-527"/><SP/><String HEIGHT="23" CONTENT="their" WIDTH="49" HPOS="1375" VPOS="740" ID="st14-528"/><SP/><String HEIGHT="23" CONTENT="la" WIDTH="18" HPOS="1430" VPOS="740" ID="st14-529" SUBS_TYPE="HypPart1" SUBS_CONTENT="labour"/><HYP CONTENT="-" WIDTH="8" HPOS="1448" VPOS="740" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="776" ID="tl14-55" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="bour" WIDTH="50" HPOS="858" VPOS="776" ID="st14-530" SUBS_TYPE="HypPart2" SUBS_CONTENT="labour"/><SP/><String HEIGHT="23" CONTENT="power" WIDTH="68" HPOS="915" VPOS="776" ID="st14-531"/><SP/><String HEIGHT="23" CONTENT="can" WIDTH="38" HPOS="990" VPOS="776" ID="st14-532"/><SP/><String HEIGHT="23" CONTENT="nevertheless" WIDTH="131" HPOS="1035" VPOS="776" ID="st14-533"/><SP/><String HEIGHT="23" CONTENT="participate" WIDTH="113" HPOS="1173" VPOS="776" ID="st14-534"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1293" VPOS="776" ID="st14-535"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1320" VPOS="776" ID="st14-536"/><SP/><String HEIGHT="23" CONTENT="country" WIDTH="73" HPOS="1362" VPOS="776" ID="st14-537"/><String HEIGHT="23" CONTENT="’" WIDTH="10" HPOS="1435" VPOS="776" ID="st14-538"/><String HEIGHT="23" CONTENT="s" WIDTH="11" HPOS="1445" VPOS="776" ID="st14-539"/></TextLine><TextLine HPOS="858" VPOS="813" ID="tl14-56" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="growing" WIDTH="88" HPOS="858" VPOS="813" ID="st14-540"/><SP/><String HEIGHT="22" CONTENT="prosperity" WIDTH="105" HPOS="952" VPOS="813" ID="st14-541"/><SP/><String HEIGHT="22" CONTENT="on" WIDTH="28" HPOS="1062" VPOS="813" ID="st14-542"/><SP/><String HEIGHT="22" CONTENT="an" WIDTH="26" HPOS="1096" VPOS="813" ID="st14-543"/><SP/><String HEIGHT="22" CONTENT="equal" WIDTH="59" HPOS="1127" VPOS="813" ID="st14-544"/><SP/><String HEIGHT="22" CONTENT="footing" WIDTH="74" HPOS="1191" VPOS="813" ID="st14-545"/><String HEIGHT="22" CONTENT="." WIDTH="11" HPOS="1265" VPOS="813" ID="st14-546"/><SP/><String HEIGHT="22" CONTENT="That" WIDTH="48" HPOS="1281" VPOS="813" ID="st14-547"/><SP/><String HEIGHT="22" CONTENT="is" WIDTH="15" HPOS="1334" VPOS="813" ID="st14-548"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1355" VPOS="813" ID="st14-549"/><SP/><String HEIGHT="22" CONTENT="politi" WIDTH="53" HPOS="1395" VPOS="813" ID="st14-550" SUBS_TYPE="HypPart1" SUBS_CONTENT="political"/><HYP CONTENT="-" WIDTH="8" HPOS="1448" VPOS="813" HEIGHT="22"/></TextLine><TextLine HPOS="858" VPOS="849" ID="tl14-57" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="cal" WIDTH="29" HPOS="858" VPOS="849" ID="st14-551" SUBS_TYPE="HypPart2" SUBS_CONTENT="political"/><SP/><String HEIGHT="23" CONTENT="foundation" WIDTH="119" HPOS="893" VPOS="849" ID="st14-552"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1018" VPOS="849" ID="st14-553"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1047" VPOS="849" ID="st14-554"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="1088" VPOS="849" ID="st14-555"/><SP/><String HEIGHT="23" CONTENT="justification" WIDTH="122" HPOS="1264" VPOS="849" ID="st14-556"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1393" VPOS="849" ID="st14-557"/><SP/><String HEIGHT="23" CONTENT="de" WIDTH="24" HPOS="1421" VPOS="849" ID="st14-558" SUBS_TYPE="HypPart1" SUBS_CONTENT="demands"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="849" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="885" ID="tl14-58" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="mands" WIDTH="71" HPOS="858" VPOS="885" ID="st14-559" SUBS_TYPE="HypPart2" SUBS_CONTENT="demands"/><SP/><String HEIGHT="23" CONTENT="made" WIDTH="59" HPOS="935" VPOS="885" ID="st14-560"/><SP/><String HEIGHT="23" CONTENT="within" WIDTH="67" HPOS="1000" VPOS="885" ID="st14-561"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1073" VPOS="885" ID="st14-562"/><SP/><String HEIGHT="23" CONTENT="framework" WIDTH="117" HPOS="1113" VPOS="885" ID="st14-563"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1236" VPOS="885" ID="st14-564"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1264" VPOS="885" ID="st14-565"/><SP/><String HEIGHT="23" CONTENT="bargain" WIDTH="78" HPOS="1367" VPOS="885" ID="st14-566" SUBS_TYPE="HypPart1" SUBS_CONTENT="bargaining"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="885" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="921" ID="tl14-59" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ing" WIDTH="33" HPOS="858" VPOS="921" ID="st14-567" SUBS_TYPE="HypPart2" SUBS_CONTENT="bargaining"/><String HEIGHT="23" CONTENT="(" WIDTH="10" HPOS="897" VPOS="921" ID="st14-568"/><String HEIGHT="23" CONTENT="productivity" WIDTH="122" HPOS="907" VPOS="921" ID="st14-569"/><SP/><String HEIGHT="23" CONTENT="growth" WIDTH="77" HPOS="1035" VPOS="921" ID="st14-570"/><SP/><String HEIGHT="23" CONTENT="plus" WIDTH="43" HPOS="1119" VPOS="921" ID="st14-571"/><SP/><String HEIGHT="23" CONTENT="rate" WIDTH="42" HPOS="1168" VPOS="921" ID="st14-572"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1216" VPOS="921" ID="st14-573"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="52" HPOS="1244" VPOS="921" ID="st14-574"/><SP/><String HEIGHT="23" CONTENT="increases" WIDTH="89" HPOS="1302" VPOS="921" ID="st14-575"/><String HEIGHT="23" CONTENT=")" WIDTH="10" HPOS="1391" VPOS="921" ID="st14-576"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="1401" VPOS="921" ID="st14-577"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1417" VPOS="921" ID="st14-578"/></TextLine><TextLine HPOS="858" VPOS="957" ID="tl14-60" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="858" VPOS="957" ID="st14-579"/><SP/><String HEIGHT="23" CONTENT="function" WIDTH="89" HPOS="970" VPOS="957" ID="st14-580"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1068" VPOS="957" ID="st14-581"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="20" HPOS="1100" VPOS="957" ID="st14-582"/><SP/><String HEIGHT="23" CONTENT="least" WIDTH="48" HPOS="1130" VPOS="957" ID="st14-583"/><SP/><String HEIGHT="23" CONTENT="balanced" WIDTH="95" HPOS="1188" VPOS="957" ID="st14-584"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="121" HPOS="1293" VPOS="957" ID="st14-585"/><SP/><String HEIGHT="23" CONTENT="lies" WIDTH="33" HPOS="1423" VPOS="957" ID="st14-586"/></TextLine><TextLine HPOS="858" VPOS="993" ID="tl14-61" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="858" VPOS="993" ID="st14-587"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="887" VPOS="993" ID="st14-588"/><SP/><String HEIGHT="23" CONTENT="safeguarding" WIDTH="138" HPOS="931" VPOS="993" ID="st14-589"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1079" VPOS="993" ID="st14-590"/><SP/><String HEIGHT="23" CONTENT="growth" WIDTH="78" HPOS="1110" VPOS="993" ID="st14-591"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1197" VPOS="993" ID="st14-592"/><SP/><String HEIGHT="23" CONTENT="employment" WIDTH="133" HPOS="1247" VPOS="993" ID="st14-593"/><SP/><String HEIGHT="23" CONTENT="via" WIDTH="29" HPOS="1390" VPOS="993" ID="st14-594"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1428" VPOS="993" ID="st14-595" SUBS_TYPE="HypPart1" SUBS_CONTENT="increases"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="993" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1029" ID="tl14-62" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="creases" WIDTH="76" HPOS="858" VPOS="1029" ID="st14-596" SUBS_TYPE="HypPart2" SUBS_CONTENT="increases"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="940" VPOS="1029" ID="st14-597"/><SP/><String HEIGHT="23" CONTENT="purchasing" WIDTH="116" HPOS="966" VPOS="1029" ID="st14-598"/><SP/><String HEIGHT="23" CONTENT="power" WIDTH="60" HPOS="1088" VPOS="1029" ID="st14-599"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1148" VPOS="1029" ID="st14-600"/><SP/><String HEIGHT="23" CONTENT="Boosting" WIDTH="93" HPOS="1167" VPOS="1029" ID="st14-601"/><SP/><String HEIGHT="23" CONTENT="domestic" WIDTH="95" HPOS="1267" VPOS="1029" ID="st14-602"/><SP/><String HEIGHT="23" CONTENT="demand" WIDTH="87" HPOS="1369" VPOS="1029" ID="st14-603"/></TextLine><TextLine HPOS="858" VPOS="1065" ID="tl14-63" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="858" VPOS="1065" ID="st14-604"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="885" VPOS="1065" ID="st14-605"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="991" VPOS="1065" ID="st14-606"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1011" VPOS="1065" ID="st14-607"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1060" VPOS="1065" ID="st14-608"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="1102" VPOS="1065" ID="st14-609"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="61" HPOS="1166" VPOS="1065" ID="st14-610"/><SP/><String HEIGHT="23" CONTENT="position" WIDTH="85" HPOS="1235" VPOS="1065" ID="st14-611"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1328" VPOS="1065" ID="st14-612"/><SP/><String HEIGHT="23" CONTENT="entirely" WIDTH="78" HPOS="1351" VPOS="1065" ID="st14-613"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="1065" ID="st14-614"/></TextLine><TextLine HPOS="858" VPOS="1101" ID="tl14-64" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="line" WIDTH="37" HPOS="858" VPOS="1101" ID="st14-615"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="48" HPOS="901" VPOS="1101" ID="st14-616"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="955" VPOS="1101" ID="st14-617"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1004" VPOS="1101" ID="st14-618"/><SP/><String HEIGHT="23" CONTENT="Toralf" WIDTH="59" HPOS="1032" VPOS="1101" ID="st14-619"/><SP/><String HEIGHT="23" CONTENT="Pusch" WIDTH="61" HPOS="1097" VPOS="1101" ID="st14-620"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="13" HPOS="1164" VPOS="1101" ID="st14-621"/><SP/><String HEIGHT="23" CONTENT="could" WIDTH="54" HPOS="1183" VPOS="1101" ID="st14-622"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1237" VPOS="1101" ID="st14-623"/><SP/><String HEIGHT="23" CONTENT="finally" WIDTH="59" HPOS="1254" VPOS="1101" ID="st14-624"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="1313" VPOS="1101" ID="st14-625"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="41" HPOS="1328" VPOS="1101" ID="st14-626"/><SP/><String HEIGHT="23" CONTENT="combat" WIDTH="80" HPOS="1376" VPOS="1101" ID="st14-627"/></TextLine><TextLine HPOS="858" VPOS="1138" ID="tl14-65" WIDTH="409" HEIGHT="22"><String HEIGHT="22" CONTENT="economic" WIDTH="103" HPOS="858" VPOS="1138" ID="st14-628"/><SP/><String HEIGHT="22" CONTENT="imbalances" WIDTH="119" HPOS="967" VPOS="1138" ID="st14-629"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="1092" VPOS="1138" ID="st14-630"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1119" VPOS="1138" ID="st14-631"/><SP/><String HEIGHT="22" CONTENT="Eurozone" WIDTH="94" HPOS="1161" VPOS="1138" ID="st14-632"/><String HEIGHT="22" CONTENT="." WIDTH="12" HPOS="1255" VPOS="1138" ID="st14-633"/></TextLine><TextLine HPOS="858" VPOS="1210" ID="tl14-66" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="858" VPOS="1210" ID="st14-634"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="902" VPOS="1210" ID="st14-635"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="1041" VPOS="1210" ID="st14-636"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1069" VPOS="1210" ID="st14-637"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="1171" VPOS="1210" ID="st14-638"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1290" VPOS="1210" ID="st14-639"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1357" VPOS="1210" ID="st14-640"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="74" HPOS="1382" VPOS="1210" ID="st14-641"/></TextLine><TextLine HPOS="858" VPOS="1246" ID="tl14-67" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="cannot" WIDTH="73" HPOS="858" VPOS="1246" ID="st14-642"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="937" VPOS="1246" ID="st14-643"/><SP/><String HEIGHT="23" CONTENT="so" WIDTH="23" HPOS="969" VPOS="1246" ID="st14-644"/><SP/><String HEIGHT="23" CONTENT="easily" WIDTH="57" HPOS="998" VPOS="1246" ID="st14-645"/><SP/><String HEIGHT="23" CONTENT="made" WIDTH="60" HPOS="1060" VPOS="1246" ID="st14-646"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="1125" VPOS="1246" ID="st14-647"/><SP/><String HEIGHT="23" CONTENT="serve" WIDTH="54" HPOS="1153" VPOS="1246" ID="st14-648"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1213" VPOS="1246" ID="st14-649"/><SP/><String HEIGHT="23" CONTENT="purposes" WIDTH="96" HPOS="1253" VPOS="1246" ID="st14-650"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1354" VPOS="1246" ID="st14-651"/><SP/><String HEIGHT="23" CONTENT="macro­" WIDTH="74" HPOS="1382" VPOS="1246" ID="st14-652"/></TextLine><TextLine HPOS="858" VPOS="1282" ID="tl14-68" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="858" VPOS="1282" ID="st14-653"/><SP/><String HEIGHT="23" CONTENT="planning" WIDTH="88" HPOS="968" VPOS="1282" ID="st14-654"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1056" VPOS="1282" ID="st14-655"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1076" VPOS="1282" ID="st14-656"/><SP/><String HEIGHT="23" CONTENT="prospect" WIDTH="91" HPOS="1122" VPOS="1282" ID="st14-657"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1221" VPOS="1282" ID="st14-658"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1251" VPOS="1282" ID="st14-659"/><SP/><String HEIGHT="23" CONTENT="single" WIDTH="61" HPOS="1293" VPOS="1282" ID="st14-660"/><SP/><String HEIGHT="23" CONTENT="currency" WIDTH="83" HPOS="1362" VPOS="1282" ID="st14-661"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1445" VPOS="1282" ID="st14-662"/></TextLine><TextLine HPOS="858" VPOS="1318" ID="tl14-69" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="1318" ID="st14-663"/><SP/><String HEIGHT="23" CONTENT="removal" WIDTH="84" HPOS="900" VPOS="1318" ID="st14-664"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="991" VPOS="1318" ID="st14-665"/><SP/><String HEIGHT="23" CONTENT="exchange" WIDTH="102" HPOS="1020" VPOS="1318" ID="st14-666"/><SP/><String HEIGHT="23" CONTENT="rates" WIDTH="51" HPOS="1129" VPOS="1318" ID="st14-667"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="1187" VPOS="1318" ID="st14-668"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="1217" VPOS="1318" ID="st14-669"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="1250" VPOS="1318" ID="st14-670"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1360" VPOS="1318" ID="st14-671"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1428" VPOS="1318" ID="st14-672" SUBS_TYPE="HypPart1" SUBS_CONTENT="instrument"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="1318" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1354" ID="tl14-70" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="strument" WIDTH="96" HPOS="858" VPOS="1354" ID="st14-673" SUBS_TYPE="HypPart2" SUBS_CONTENT="instrument"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="962" VPOS="1354" ID="st14-674"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1011" VPOS="1354" ID="st14-675"/><SP/><String HEIGHT="23" CONTENT="associated" WIDTH="110" HPOS="1054" VPOS="1354" ID="st14-676"/><SP/><String HEIGHT="23" CONTENT="threat" WIDTH="63" HPOS="1172" VPOS="1354" ID="st14-677"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1244" VPOS="1354" ID="st14-678"/><SP/><String HEIGHT="23" CONTENT="downward" WIDTH="114" HPOS="1275" VPOS="1354" ID="st14-679"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1398" VPOS="1354" ID="st14-680"/></TextLine><TextLine HPOS="858" VPOS="1390" ID="tl14-71" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="pressure" WIDTH="88" HPOS="858" VPOS="1390" ID="st14-681"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="952" VPOS="1390" ID="st14-682"/><SP/><String HEIGHT="23" CONTENT="led" WIDTH="32" HPOS="1008" VPOS="1390" ID="st14-683"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1046" VPOS="1390" ID="st14-684"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="1086" VPOS="1390" ID="st14-685"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="1148" VPOS="1390" ID="st14-686"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="1225" VPOS="1390" ID="st14-687"/><SP/><String HEIGHT="23" CONTENT="initially" WIDTH="74" HPOS="1243" VPOS="1390" ID="st14-688"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1323" VPOS="1390" ID="st14-689"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1348" VPOS="1390" ID="st14-690"/><SP/><String HEIGHT="23" CONTENT="Doorn" WIDTH="67" HPOS="1389" VPOS="1390" ID="st14-691"/></TextLine><TextLine HPOS="858" VPOS="1426" ID="tl14-72" WIDTH="95" HEIGHT="23"><String HEIGHT="23" CONTENT="Initiative" WIDTH="86" HPOS="858" VPOS="1426" ID="st14-692"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="944" VPOS="1426" ID="st14-693"/></TextLine><TextLine HPOS="953" VPOS="1426" ID="tl14-73" WIDTH="16" HEIGHT="13"><String HEIGHT="13" CONTENT="11" WIDTH="16" HPOS="953" VPOS="1426" ID="st14-694"/></TextLine><TextLine HPOS="975" VPOS="1426" ID="tl14-74" WIDTH="481" HEIGHT="23"><String HEIGHT="23" CONTENT="then" WIDTH="48" HPOS="975" VPOS="1426" ID="st14-695"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1029" VPOS="1426" ID="st14-696"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1054" VPOS="1426" ID="st14-697"/><SP/><String HEIGHT="23" CONTENT="metal" WIDTH="59" HPOS="1094" VPOS="1426" ID="st14-698"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1159" VPOS="1426" ID="st14-699"/><SP/><String HEIGHT="23" CONTENT="print" WIDTH="50" HPOS="1204" VPOS="1426" ID="st14-700"/><SP/><String HEIGHT="23" CONTENT="industries" WIDTH="99" HPOS="1259" VPOS="1426" ID="st14-701"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="1358" VPOS="1426" ID="st14-702"/><SP/><String HEIGHT="23" CONTENT="but" WIDTH="36" HPOS="1373" VPOS="1426" ID="st14-703"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="1414" VPOS="1426" ID="st14-704"/></TextLine><TextLine HPOS="858" VPOS="1463" ID="tl14-75" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="858" VPOS="1463" ID="st14-705"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="882" VPOS="1463" ID="st14-706"/><SP/><String HEIGHT="22" CONTENT="financial" WIDTH="88" HPOS="921" VPOS="1463" ID="st14-707"/><SP/><String HEIGHT="22" CONTENT="services" WIDTH="80" HPOS="1014" VPOS="1463" ID="st14-708"/><SP/><String HEIGHT="22" CONTENT="sector" WIDTH="64" HPOS="1098" VPOS="1463" ID="st14-709"/><SP/><String HEIGHT="22" CONTENT="–" WIDTH="12" HPOS="1167" VPOS="1463" ID="st14-710"/><SP/><String HEIGHT="22" CONTENT="since" WIDTH="52" HPOS="1184" VPOS="1463" ID="st14-711"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1241" VPOS="1463" ID="st14-712"/><SP/><String HEIGHT="22" CONTENT="end" WIDTH="40" HPOS="1280" VPOS="1463" ID="st14-713"/><SP/><String HEIGHT="22" CONTENT="of" WIDTH="22" HPOS="1325" VPOS="1463" ID="st14-714"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="34" HPOS="1352" VPOS="1463" ID="st14-715"/><SP/><String HEIGHT="22" CONTENT="1990s" WIDTH="65" HPOS="1391" VPOS="1463" ID="st14-716"/></TextLine><TextLine HPOS="858" VPOS="1499" ID="tl14-76" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="increasingly" WIDTH="123" HPOS="858" VPOS="1499" ID="st14-717"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="989" VPOS="1499" ID="st14-718"/><SP/><String HEIGHT="23" CONTENT="coordinate" WIDTH="114" HPOS="1020" VPOS="1499" ID="st14-719"/><SP/><String HEIGHT="23" CONTENT="national" WIDTH="86" HPOS="1142" VPOS="1499" ID="st14-720"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1237" VPOS="1499" ID="st14-721"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="1342" VPOS="1499" ID="st14-722"/></TextLine><TextLine HPOS="858" VPOS="1535" ID="tl14-77" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="policies" WIDTH="78" HPOS="858" VPOS="1535" ID="st14-723"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="943" VPOS="1535" ID="st14-724"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="971" VPOS="1535" ID="st14-725"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="100" HPOS="1014" VPOS="1535" ID="st14-726"/><SP/><String HEIGHT="23" CONTENT="level" WIDTH="45" HPOS="1122" VPOS="1535" ID="st14-727"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="1167" VPOS="1535" ID="st14-728"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="38" HPOS="1184" VPOS="1535" ID="st14-729"/><SP/><String HEIGHT="23" CONTENT="aim" WIDTH="39" HPOS="1230" VPOS="1535" ID="st14-730"/><SP/><String HEIGHT="23" CONTENT="was" WIDTH="42" HPOS="1276" VPOS="1535" ID="st14-731"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1325" VPOS="1535" ID="st14-732"/><SP/><String HEIGHT="23" CONTENT="remains" WIDTH="83" HPOS="1373" VPOS="1535" ID="st14-733"/></TextLine><TextLine HPOS="858" VPOS="1571" ID="tl14-78" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="858" VPOS="1571" ID="st14-734"/><SP/><String HEIGHT="23" CONTENT="curb" WIDTH="47" HPOS="890" VPOS="1571" ID="st14-735"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="946" VPOS="1571" ID="st14-736"/><SP/><String HEIGHT="23" CONTENT="race" WIDTH="45" HPOS="968" VPOS="1571" ID="st14-737"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1022" VPOS="1571" ID="st14-738"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1054" VPOS="1571" ID="st14-739"/><SP/><String HEIGHT="23" CONTENT="bottom" WIDTH="79" HPOS="1098" VPOS="1571" ID="st14-740"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="1187" VPOS="1571" ID="st14-741"/><SP/><String HEIGHT="23" CONTENT="regard" WIDTH="68" HPOS="1244" VPOS="1571" ID="st14-742"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1322" VPOS="1571" ID="st14-743"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="1354" VPOS="1571" ID="st14-744"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1431" VPOS="1571" ID="st14-745"/></TextLine><TextLine HPOS="858" VPOS="1607" ID="tl14-79" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="means" WIDTH="69" HPOS="858" VPOS="1607" ID="st14-746"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="938" VPOS="1607" ID="st14-747"/><SP/><String HEIGHT="23" CONTENT="autonomous" WIDTH="135" HPOS="971" VPOS="1607" ID="st14-748"/><SP/><String HEIGHT="23" CONTENT="commitments" WIDTH="146" HPOS="1116" VPOS="1607" ID="st14-749"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1273" VPOS="1607" ID="st14-750"/><SP/><String HEIGHT="23" CONTENT="thereby" WIDTH="80" HPOS="1324" VPOS="1607" ID="st14-751"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="1414" VPOS="1607" ID="st14-752"/></TextLine><TextLine HPOS="858" VPOS="1643" ID="tl14-80" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="1643" ID="st14-753"/><SP/><String HEIGHT="23" CONTENT="safeguarding" WIDTH="139" HPOS="900" VPOS="1643" ID="st14-754"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1047" VPOS="1643" ID="st14-755"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="1077" VPOS="1643" ID="st14-756"/><SP/><String HEIGHT="23" CONTENT="least" WIDTH="49" HPOS="1105" VPOS="1643" ID="st14-757"/><SP/><String HEIGHT="23" CONTENT="balanced" WIDTH="96" HPOS="1162" VPOS="1643" ID="st14-758"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="121" HPOS="1265" VPOS="1643" ID="st14-759"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1394" VPOS="1643" ID="st14-760"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1421" VPOS="1643" ID="st14-761"/></TextLine><TextLine HPOS="858" VPOS="1679" ID="tl14-81" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="participating" WIDTH="133" HPOS="858" VPOS="1679" ID="st14-762"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="93" HPOS="998" VPOS="1679" ID="st14-763"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1091" VPOS="1679" ID="st14-764"/><SP/><String HEIGHT="23" CONTENT="It" WIDTH="14" HPOS="1108" VPOS="1679" ID="st14-765"/><SP/><String HEIGHT="23" CONTENT="makes" WIDTH="68" HPOS="1129" VPOS="1679" ID="st14-766"/><SP/><String HEIGHT="23" CONTENT="sense" WIDTH="59" HPOS="1203" VPOS="1679" ID="st14-767"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="1268" VPOS="1679" ID="st14-768"/><SP/><String HEIGHT="23" CONTENT="coordinate" WIDTH="114" HPOS="1297" VPOS="1679" ID="st14-769"/><SP/><String HEIGHT="23" CONTENT="col" WIDTH="30" HPOS="1417" VPOS="1679" ID="st14-770" SUBS_TYPE="HypPart1" SUBS_CONTENT="collective"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="1679" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1715" ID="tl14-82" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="lective" WIDTH="66" HPOS="858" VPOS="1715" ID="st14-771" SUBS_TYPE="HypPart2" SUBS_CONTENT="collective"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="932" VPOS="1715" ID="st14-772"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1054" VPOS="1715" ID="st14-773"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1123" VPOS="1715" ID="st14-774"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="69" HPOS="1151" VPOS="1715" ID="st14-775"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1220" VPOS="1715" ID="st14-776"/><SP/><String HEIGHT="23" CONTENT="However" WIDTH="86" HPOS="1240" VPOS="1715" ID="st14-777"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1326" VPOS="1715" ID="st14-778"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="1347" VPOS="1715" ID="st14-779"/><SP/><String HEIGHT="23" CONTENT="must" WIDTH="53" HPOS="1369" VPOS="1715" ID="st14-780"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="1430" VPOS="1715" ID="st14-781"/></TextLine><TextLine HPOS="858" VPOS="1751" ID="tl14-83" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="applied" WIDTH="78" HPOS="858" VPOS="1751" ID="st14-782"/><SP/><String HEIGHT="23" CONTENT="beyond" WIDTH="79" HPOS="946" VPOS="1751" ID="st14-783"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1035" VPOS="1751" ID="st14-784"/><SP/><String HEIGHT="23" CONTENT="few" WIDTH="40" HPOS="1058" VPOS="1751" ID="st14-785"/><String HEIGHT="23" CONTENT="»" WIDTH="10" HPOS="1108" VPOS="1751" ID="st14-786"/><String HEIGHT="23" CONTENT="flagship" WIDTH="88" HPOS="1118" VPOS="1751" ID="st14-787"/><SP/><String HEIGHT="23" CONTENT="branches" WIDTH="97" HPOS="1216" VPOS="1751" ID="st14-788"/><String HEIGHT="23" CONTENT="«" WIDTH="13" HPOS="1313" VPOS="1751" ID="st14-789"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1336" VPOS="1751" ID="st14-790"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="23" HPOS="1365" VPOS="1751" ID="st14-791"/><SP/><String HEIGHT="23" CONTENT="many" WIDTH="58" HPOS="1398" VPOS="1751" ID="st14-792"/></TextLine><TextLine HPOS="858" VPOS="1788" ID="tl14-84" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="sectors" WIDTH="73" HPOS="858" VPOS="1788" ID="st14-793"/><SP/><String HEIGHT="22" CONTENT="as" WIDTH="22" HPOS="939" VPOS="1788" ID="st14-794"/><SP/><String HEIGHT="22" CONTENT="possible" WIDTH="81" HPOS="968" VPOS="1788" ID="st14-795"/><String HEIGHT="22" CONTENT="." WIDTH="11" HPOS="1049" VPOS="1788" ID="st14-796"/><SP/><String HEIGHT="22" CONTENT="Given" WIDTH="61" HPOS="1067" VPOS="1788" ID="st14-797"/><SP/><String HEIGHT="22" CONTENT="real" WIDTH="39" HPOS="1135" VPOS="1788" ID="st14-798"/><SP/><String HEIGHT="22" CONTENT="wage" WIDTH="59" HPOS="1181" VPOS="1788" ID="st14-799"/><SP/><String HEIGHT="22" CONTENT="losses" WIDTH="61" HPOS="1247" VPOS="1788" ID="st14-800"/><SP/><String HEIGHT="22" CONTENT="over" WIDTH="46" HPOS="1315" VPOS="1788" ID="st14-801"/><SP/><String HEIGHT="22" CONTENT="a" WIDTH="13" HPOS="1368" VPOS="1788" ID="st14-802"/><SP/><String HEIGHT="22" CONTENT="period" WIDTH="68" HPOS="1388" VPOS="1788" ID="st14-803"/></TextLine><TextLine HPOS="858" VPOS="1824" ID="tl14-85" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="858" VPOS="1824" ID="st14-804"/><SP/><String HEIGHT="23" CONTENT="years" WIDTH="55" HPOS="885" VPOS="1824" ID="st14-805"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="945" VPOS="1824" ID="st14-806"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="991" VPOS="1824" ID="st14-807"/><SP/><String HEIGHT="23" CONTENT="increasing" WIDTH="106" HPOS="1023" VPOS="1824" ID="st14-808"/><SP/><String HEIGHT="23" CONTENT="divide" WIDTH="63" HPOS="1134" VPOS="1824" ID="st14-809"/><SP/><String HEIGHT="23" CONTENT="between" WIDTH="93" HPOS="1202" VPOS="1824" ID="st14-810"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1301" VPOS="1824" ID="st14-811"/><SP/><String HEIGHT="23" CONTENT="incomes" WIDTH="88" HPOS="1341" VPOS="1824" ID="st14-812"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1434" VPOS="1824" ID="st14-813"/></TextLine><TextLine HPOS="858" VPOS="1860" ID="tl14-86" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="capital" WIDTH="69" HPOS="858" VPOS="1860" ID="st14-814"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="932" VPOS="1860" ID="st14-815"/><SP/><String HEIGHT="23" CONTENT="labour" WIDTH="68" HPOS="978" VPOS="1860" ID="st14-816"/><SP/><String HEIGHT="23" CONTENT="throughout" WIDTH="122" HPOS="1051" VPOS="1860" ID="st14-817"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="75" HPOS="1178" VPOS="1860" ID="st14-818"/><SP/><String HEIGHT="23" CONTENT="fair" WIDTH="35" HPOS="1258" VPOS="1860" ID="st14-819"/><SP/><String HEIGHT="23" CONTENT="participation" WIDTH="133" HPOS="1298" VPOS="1860" ID="st14-820"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="1860" ID="st14-821"/></TextLine><TextLine HPOS="858" VPOS="1896" ID="tl14-87" WIDTH="448" HEIGHT="23"><String HEIGHT="23" CONTENT="growing" WIDTH="88" HPOS="858" VPOS="1896" ID="st14-822"/><SP/><String HEIGHT="23" CONTENT="prosperity" WIDTH="105" HPOS="953" VPOS="1896" ID="st14-823"/><SP/><String HEIGHT="23" CONTENT="remains" WIDTH="83" HPOS="1065" VPOS="1896" ID="st14-824"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1155" VPOS="1896" ID="st14-825"/><SP/><String HEIGHT="23" CONTENT="distant" WIDTH="72" HPOS="1175" VPOS="1896" ID="st14-826"/><SP/><String HEIGHT="23" CONTENT="goal" WIDTH="41" HPOS="1254" VPOS="1896" ID="st14-827"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1295" VPOS="1896" ID="st14-828"/></TextLine><TextLine HPOS="858" VPOS="1999" ID="tl14-88" WIDTH="598" HEIGHT="18"><String HEIGHT="18" CONTENT="11" WIDTH="18" HPOS="858" VPOS="1999" ID="st14-829"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="876" VPOS="1999" ID="st14-830"/><SP/><String HEIGHT="18" CONTENT="In" WIDTH="15" HPOS="889" VPOS="1999" ID="st14-831"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="910" VPOS="1999" ID="st14-832"/><SP/><String HEIGHT="18" CONTENT="Dutch" WIDTH="49" HPOS="943" VPOS="1999" ID="st14-833"/><SP/><String HEIGHT="18" CONTENT="town" WIDTH="43" HPOS="998" VPOS="1999" ID="st14-834"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="1047" VPOS="1999" ID="st14-835"/><SP/><String HEIGHT="18" CONTENT="Doorn" WIDTH="52" HPOS="1070" VPOS="1999" ID="st14-836"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="1128" VPOS="1999" ID="st14-837"/><SP/><String HEIGHT="18" CONTENT="1998" WIDTH="44" HPOS="1148" VPOS="1999" ID="st14-838"/><SP/><String HEIGHT="18" CONTENT="trade" WIDTH="43" HPOS="1197" VPOS="1999" ID="st14-839"/><SP/><String HEIGHT="18" CONTENT="union" WIDTH="48" HPOS="1246" VPOS="1999" ID="st14-840"/><SP/><String HEIGHT="18" CONTENT="federations" WIDTH="93" HPOS="1299" VPOS="1999" ID="st14-841"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="31" HPOS="1398" VPOS="1999" ID="st14-842"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="14" HPOS="1435" VPOS="1999" ID="st14-843" SUBS_TYPE="HypPart1" SUBS_CONTENT="individual"/><HYP CONTENT="-" WIDTH="7" HPOS="1449" VPOS="1999" HEIGHT="18"/></TextLine><TextLine HPOS="858" VPOS="2023" ID="tl14-89" WIDTH="598" HEIGHT="18"><String HEIGHT="18" CONTENT="dividual" WIDTH="64" HPOS="858" VPOS="2023" ID="st14-844" SUBS_TYPE="HypPart2" SUBS_CONTENT="individual"/><SP/><String HEIGHT="18" CONTENT="trade" WIDTH="44" HPOS="927" VPOS="2023" ID="st14-845"/><SP/><String HEIGHT="18" CONTENT="unions" WIDTH="56" HPOS="976" VPOS="2023" ID="st14-846"/><SP/><String HEIGHT="18" CONTENT="from" WIDTH="40" HPOS="1037" VPOS="2023" ID="st14-847"/><SP/><String HEIGHT="18" CONTENT="Germany" WIDTH="69" HPOS="1083" VPOS="2023" ID="st14-848"/><String HEIGHT="18" CONTENT="," WIDTH="10" HPOS="1152" VPOS="2023" ID="st14-849"/><SP/><String HEIGHT="18" CONTENT="the" WIDTH="27" HPOS="1168" VPOS="2023" ID="st14-850"/><SP/><String HEIGHT="18" CONTENT="Netherlands" WIDTH="96" HPOS="1201" VPOS="2023" ID="st14-851"/><String HEIGHT="18" CONTENT="," WIDTH="9" HPOS="1297" VPOS="2023" ID="st14-852"/><SP/><String HEIGHT="18" CONTENT="Belgium" WIDTH="67" HPOS="1312" VPOS="2023" ID="st14-853"/><SP/><String HEIGHT="18" CONTENT="and" WIDTH="32" HPOS="1384" VPOS="2023" ID="st14-854"/><SP/><String HEIGHT="18" CONTENT="Lux" WIDTH="26" HPOS="1422" VPOS="2023" ID="st14-855" SUBS_TYPE="HypPart1" SUBS_CONTENT="Luxembourg"/><HYP CONTENT="-" WIDTH="8" HPOS="1448" VPOS="2023" HEIGHT="18"/></TextLine><TextLine HPOS="858" VPOS="2046" ID="tl14-90" WIDTH="526" HEIGHT="18"><String HEIGHT="18" CONTENT="embourg" WIDTH="75" HPOS="858" VPOS="2046" ID="st14-856" SUBS_TYPE="HypPart2" SUBS_CONTENT="Luxembourg"/><SP/><String HEIGHT="18" CONTENT="came" WIDTH="44" HPOS="939" VPOS="2046" ID="st14-857"/><SP/><String HEIGHT="18" CONTENT="out" WIDTH="29" HPOS="988" VPOS="2046" ID="st14-858"/><SP/><String HEIGHT="18" CONTENT="in" WIDTH="15" HPOS="1022" VPOS="2046" ID="st14-859"/><SP/><String HEIGHT="18" CONTENT="favour" WIDTH="52" HPOS="1043" VPOS="2046" ID="st14-860"/><SP/><String HEIGHT="18" CONTENT="of" WIDTH="17" HPOS="1101" VPOS="2046" ID="st14-861"/><SP/><String HEIGHT="18" CONTENT="close" WIDTH="41" HPOS="1124" VPOS="2046" ID="st14-862"/><SP/><String HEIGHT="18" CONTENT="wage" WIDTH="45" HPOS="1170" VPOS="2046" ID="st14-863"/><SP/><String HEIGHT="18" CONTENT="policy" WIDTH="47" HPOS="1221" VPOS="2046" ID="st14-864"/><SP/><String HEIGHT="18" CONTENT="coordination" WIDTH="101" HPOS="1274" VPOS="2046" ID="st14-865"/><String HEIGHT="18" CONTENT="." WIDTH="9" HPOS="1375" VPOS="2046" ID="st14-866"/></TextLine><TextLine HPOS="810" VPOS="2254" ID="tl14-91" WIDTH="32" HEIGHT="27"><String HEIGHT="27" CONTENT="14" WIDTH="32" HPOS="810" VPOS="2254" ID="st14-867"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="15" ID="p749097" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749097" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749097" HEIGHT="2338"><TextLine HPOS="746" VPOS="56" ID="tl15-0" WIDTH="710" HEIGHT="21"><String HEIGHT="21" CONTENT="Toralf" WIDTH="83" HPOS="746" VPOS="56" ID="st15-0"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="71" HPOS="835" VPOS="56" ID="st15-1"/><String HEIGHT="21" CONTENT="|" WIDTH="5" HPOS="918" VPOS="56" ID="st15-2"/><SP/><String HEIGHT="21" CONTENT="Wage" WIDTH="66" HPOS="934" VPOS="56" ID="st15-3"/><SP/><String HEIGHT="21" CONTENT="Policy" WIDTH="77" HPOS="1006" VPOS="56" ID="st15-4"/><SP/><String HEIGHT="21" CONTENT="Coordination" WIDTH="169" HPOS="1089" VPOS="56" ID="st15-5"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="22" HPOS="1264" VPOS="56" ID="st15-6"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="41" HPOS="1292" VPOS="56" ID="st15-7"/><SP/><String HEIGHT="21" CONTENT="Eurozone" WIDTH="117" HPOS="1339" VPOS="56" ID="st15-8"/></TextLine><TextLine HPOS="196" VPOS="307" ID="tl15-1" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Wages" WIDTH="72" HPOS="196" VPOS="307" ID="st15-9"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="277" VPOS="307" ID="st15-10"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="86" HPOS="357" VPOS="307" ID="st15-11"/><SP/><String HEIGHT="23" CONTENT="everywhere" WIDTH="122" HPOS="452" VPOS="307" ID="st15-12"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="20" HPOS="584" VPOS="307" ID="st15-13"/><SP/><String HEIGHT="23" CONTENT="least" WIDTH="48" HPOS="614" VPOS="307" ID="st15-14"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="672" VPOS="307" ID="st15-15"/><SP/><String HEIGHT="23" CONTENT="line" WIDTH="37" HPOS="701" VPOS="307" ID="st15-16"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="748" VPOS="307" ID="st15-17"/></TextLine><TextLine HPOS="196" VPOS="343" ID="tl15-2" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="productivity" WIDTH="125" HPOS="196" VPOS="343" ID="st15-18"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="332" VPOS="343" ID="st15-19"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="384" VPOS="343" ID="st15-20"/><SP/><String HEIGHT="23" CONTENT="ECB" WIDTH="43" HPOS="430" VPOS="343" ID="st15-21"/><SP/><String HEIGHT="23" CONTENT="target" WIDTH="64" HPOS="484" VPOS="343" ID="st15-22"/><SP/><String HEIGHT="23" CONTENT="inflation" WIDTH="88" HPOS="559" VPOS="343" ID="st15-23"/><SP/><String HEIGHT="23" CONTENT="rate" WIDTH="39" HPOS="658" VPOS="343" ID="st15-24"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="697" VPOS="343" ID="st15-25"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="718" VPOS="343" ID="st15-26"/><SP/><String HEIGHT="23" CONTENT="Ger" WIDTH="35" HPOS="749" VPOS="343" ID="st15-27" SUBS_TYPE="HypPart1" SUBS_CONTENT="Germany"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="343" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="379" ID="tl15-3" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="many" WIDTH="50" HPOS="196" VPOS="379" ID="st15-28" SUBS_TYPE="HypPart2" SUBS_CONTENT="Germany"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="246" VPOS="379" ID="st15-29"/><SP/><String HEIGHT="23" CONTENT="currently" WIDTH="92" HPOS="265" VPOS="379" ID="st15-30"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="363" VPOS="379" ID="st15-31"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="411" VPOS="379" ID="st15-32"/><SP/><String HEIGHT="23" CONTENT="mean" WIDTH="60" HPOS="483" VPOS="379" ID="st15-33"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="548" VPOS="379" ID="st15-34"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="596" VPOS="379" ID="st15-35"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="670" VPOS="379" ID="st15-36"/><SP/><String HEIGHT="23" CONTENT="gen" WIDTH="37" HPOS="746" VPOS="379" ID="st15-37" SUBS_TYPE="HypPart1" SUBS_CONTENT="generally"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="379" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="415" ID="tl15-4" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="erally" WIDTH="56" HPOS="196" VPOS="415" ID="st15-38" SUBS_TYPE="HypPart2" SUBS_CONTENT="generally"/><SP/><String HEIGHT="23" CONTENT="increase" WIDTH="81" HPOS="262" VPOS="415" ID="st15-39"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="343" VPOS="415" ID="st15-40"/><SP/><String HEIGHT="23" CONTENT="compensating" WIDTH="150" HPOS="364" VPOS="415" ID="st15-41"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="523" VPOS="415" ID="st15-42"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="564" VPOS="415" ID="st15-43"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="608" VPOS="415" ID="st15-44"/><SP/><String HEIGHT="23" CONTENT="restraint" WIDTH="87" HPOS="676" VPOS="415" ID="st15-45"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="773" VPOS="415" ID="st15-46"/></TextLine><TextLine HPOS="196" VPOS="451" ID="tl15-5" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="196" VPOS="451" ID="st15-47"/><SP/><String HEIGHT="23" CONTENT="past" WIDTH="45" HPOS="238" VPOS="451" ID="st15-48"/><SP/><String HEIGHT="23" CONTENT="few" WIDTH="41" HPOS="290" VPOS="451" ID="st15-49"/><SP/><String HEIGHT="23" CONTENT="years" WIDTH="50" HPOS="338" VPOS="451" ID="st15-50"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="388" VPOS="451" ID="st15-51"/><SP/><String HEIGHT="23" CONTENT="Until" WIDTH="50" HPOS="406" VPOS="451" ID="st15-52"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="464" VPOS="451" ID="st15-53"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="506" VPOS="451" ID="st15-54"/><SP/><String HEIGHT="23" CONTENT="partners" WIDTH="88" HPOS="627" VPOS="451" ID="st15-55"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="722" VPOS="451" ID="st15-56"/><SP/><String HEIGHT="23" CONTENT="Ger" WIDTH="35" HPOS="749" VPOS="451" ID="st15-57" SUBS_TYPE="HypPart1" SUBS_CONTENT="Germany"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="451" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="488" ID="tl15-6" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="many" WIDTH="59" HPOS="196" VPOS="488" ID="st15-58" SUBS_TYPE="HypPart2" SUBS_CONTENT="Germany"/><SP/><String HEIGHT="22" CONTENT="do" WIDTH="28" HPOS="262" VPOS="488" ID="st15-59"/><SP/><String HEIGHT="22" CONTENT="their" WIDTH="48" HPOS="297" VPOS="488" ID="st15-60"/><SP/><String HEIGHT="22" CONTENT="bit" WIDTH="28" HPOS="352" VPOS="488" ID="st15-61"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="387" VPOS="488" ID="st15-62"/><SP/><String HEIGHT="22" CONTENT="achieving" WIDTH="100" HPOS="414" VPOS="488" ID="st15-63"/><SP/><String HEIGHT="22" CONTENT="balance" WIDTH="82" HPOS="521" VPOS="488" ID="st15-64"/><SP/><String HEIGHT="22" CONTENT="they" WIDTH="46" HPOS="610" VPOS="488" ID="st15-65"/><SP/><String HEIGHT="22" CONTENT="are" WIDTH="33" HPOS="663" VPOS="488" ID="st15-66"/><SP/><String HEIGHT="22" CONTENT="not" WIDTH="36" HPOS="703" VPOS="488" ID="st15-67"/><SP/><String HEIGHT="22" CONTENT="enti" WIDTH="40" HPOS="746" VPOS="488" ID="st15-68" SUBS_TYPE="HypPart1" SUBS_CONTENT="entitled"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="488" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="524" ID="tl15-7" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tled" WIDTH="41" HPOS="196" VPOS="524" ID="st15-69" SUBS_TYPE="HypPart2" SUBS_CONTENT="entitled"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="244" VPOS="524" ID="st15-70"/><SP/><String HEIGHT="23" CONTENT="advise" WIDTH="65" HPOS="274" VPOS="524" ID="st15-71"/><SP/><String HEIGHT="23" CONTENT="others" WIDTH="67" HPOS="347" VPOS="524" ID="st15-72"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="422" VPOS="524" ID="st15-73"/><SP/><String HEIGHT="23" CONTENT="relinquish" WIDTH="103" HPOS="451" VPOS="524" ID="st15-74"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="561" VPOS="524" ID="st15-75"/><SP/><String HEIGHT="23" CONTENT="adjustments" WIDTH="130" HPOS="627" VPOS="524" ID="st15-76"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="764" VPOS="524" ID="st15-77"/></TextLine><TextLine HPOS="196" VPOS="560" ID="tl15-8" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="inflation" WIDTH="88" HPOS="196" VPOS="560" ID="st15-78"/><String HEIGHT="23" CONTENT="(" WIDTH="11" HPOS="291" VPOS="560" ID="st15-79"/><String HEIGHT="23" CONTENT="and" WIDTH="36" HPOS="302" VPOS="560" ID="st15-80"/><SP/><String HEIGHT="23" CONTENT="thus" WIDTH="46" HPOS="345" VPOS="560" ID="st15-81"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="398" VPOS="560" ID="st15-82"/><SP/><String HEIGHT="23" CONTENT="cuts" WIDTH="38" HPOS="463" VPOS="560" ID="st15-83"/><String HEIGHT="23" CONTENT=")" WIDTH="9" HPOS="501" VPOS="560" ID="st15-84"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="510" VPOS="560" ID="st15-85"/><SP/><String HEIGHT="23" CONTENT="However" WIDTH="86" HPOS="527" VPOS="560" ID="st15-86"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="613" VPOS="560" ID="st15-87"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="633" VPOS="560" ID="st15-88"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="683" VPOS="560" ID="st15-89"/><SP/><String HEIGHT="23" CONTENT="precisely" WIDTH="90" HPOS="705" VPOS="560" ID="st15-90"/></TextLine><TextLine HPOS="196" VPOS="596" ID="tl15-9" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="what" WIDTH="55" HPOS="196" VPOS="596" ID="st15-91"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="261" VPOS="596" ID="st15-92"/><SP/><String HEIGHT="23" CONTENT="orientation" WIDTH="116" HPOS="298" VPOS="596" ID="st15-93"/><SP/><String HEIGHT="23" CONTENT="towards" WIDTH="85" HPOS="425" VPOS="596" ID="st15-94"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="521" VPOS="596" ID="st15-95"/><SP/><String HEIGHT="23" CONTENT="ECB" WIDTH="34" HPOS="566" VPOS="596" ID="st15-96"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="600" VPOS="596" ID="st15-97"/><String HEIGHT="23" CONTENT="s" WIDTH="12" HPOS="611" VPOS="596" ID="st15-98"/><SP/><String HEIGHT="23" CONTENT="target" WIDTH="64" HPOS="633" VPOS="596" ID="st15-99"/><SP/><String HEIGHT="23" CONTENT="inflation" WIDTH="88" HPOS="707" VPOS="596" ID="st15-100"/></TextLine><TextLine HPOS="196" VPOS="632" ID="tl15-10" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="rate" WIDTH="42" HPOS="196" VPOS="632" ID="st15-101"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="66" HPOS="246" VPOS="632" ID="st15-102"/><SP/><String HEIGHT="23" CONTENT="mean" WIDTH="59" HPOS="320" VPOS="632" ID="st15-103"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="387" VPOS="632" ID="st15-104"/><SP/><String HEIGHT="23" CONTENT="Greece" WIDTH="69" HPOS="425" VPOS="632" ID="st15-105"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="494" VPOS="632" ID="st15-106"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="514" VPOS="632" ID="st15-107"/><SP/><String HEIGHT="23" CONTENT="example" WIDTH="84" HPOS="552" VPOS="632" ID="st15-108"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="636" VPOS="632" ID="st15-109"/><SP/><String HEIGHT="23" CONTENT="Employees" WIDTH="113" HPOS="655" VPOS="632" ID="st15-110"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="775" VPOS="632" ID="st15-111"/></TextLine><TextLine HPOS="196" VPOS="668" ID="tl15-11" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="problem" WIDTH="79" HPOS="196" VPOS="668" ID="st15-112"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="275" VPOS="668" ID="st15-113"/><String HEIGHT="23" CONTENT="hit" WIDTH="35" HPOS="286" VPOS="668" ID="st15-114"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="329" VPOS="668" ID="st15-115"/><SP/><String HEIGHT="23" CONTENT="did" WIDTH="33" HPOS="434" VPOS="668" ID="st15-116"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="475" VPOS="668" ID="st15-117"/><SP/><String HEIGHT="23" CONTENT="cause" WIDTH="60" HPOS="519" VPOS="668" ID="st15-118"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="587" VPOS="668" ID="st15-119"/><SP/><String HEIGHT="23" CONTENT="crisis" WIDTH="48" HPOS="629" VPOS="668" ID="st15-120"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="677" VPOS="668" ID="st15-121"/><SP/><String HEIGHT="23" CONTENT="It" WIDTH="14" HPOS="694" VPOS="668" ID="st15-122"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="716" VPOS="668" ID="st15-123"/><SP/><String HEIGHT="23" CONTENT="scan" WIDTH="45" HPOS="739" VPOS="668" ID="st15-124" SUBS_TYPE="HypPart1" SUBS_CONTENT="scandalous"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="668" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="704" ID="tl15-12" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="dalous" WIDTH="70" HPOS="196" VPOS="704" ID="st15-125" SUBS_TYPE="HypPart2" SUBS_CONTENT="scandalous"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="275" VPOS="704" ID="st15-126"/><SP/><String HEIGHT="23" CONTENT="they" WIDTH="45" HPOS="328" VPOS="704" ID="st15-127"/><SP/><String HEIGHT="23" CONTENT="should" WIDTH="71" HPOS="383" VPOS="704" ID="st15-128"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="463" VPOS="704" ID="st15-129"/><SP/><String HEIGHT="23" CONTENT="made" WIDTH="59" HPOS="499" VPOS="704" ID="st15-130"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="568" VPOS="704" ID="st15-131"/><SP/><String HEIGHT="23" CONTENT="pay" WIDTH="38" HPOS="599" VPOS="704" ID="st15-132"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="646" VPOS="704" ID="st15-133"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="686" VPOS="704" ID="st15-134"/><SP/><String HEIGHT="23" CONTENT="through" WIDTH="86" HPOS="709" VPOS="704" ID="st15-135"/></TextLine><TextLine HPOS="196" VPOS="740" ID="tl15-13" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="political" WIDTH="82" HPOS="196" VPOS="740" ID="st15-136"/><SP/><String HEIGHT="23" CONTENT="interference" WIDTH="128" HPOS="286" VPOS="740" ID="st15-137"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="422" VPOS="740" ID="st15-138"/><SP/><String HEIGHT="23" CONTENT="free" WIDTH="42" HPOS="449" VPOS="740" ID="st15-139"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="499" VPOS="740" ID="st15-140"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="110" HPOS="604" VPOS="740" ID="st15-141"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="714" VPOS="740" ID="st15-142"/><SP/><String HEIGHT="23" CONTENT="Wage" WIDTH="62" HPOS="733" VPOS="740" ID="st15-143"/></TextLine><TextLine HPOS="196" VPOS="776" ID="tl15-14" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="cuts" WIDTH="43" HPOS="196" VPOS="776" ID="st15-144"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="246" VPOS="776" ID="st15-145"/><SP/><String HEIGHT="23" CONTENT="only" WIDTH="45" HPOS="319" VPOS="776" ID="st15-146"/><SP/><String HEIGHT="23" CONTENT="exacerbate" WIDTH="115" HPOS="371" VPOS="776" ID="st15-147"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="492" VPOS="776" ID="st15-148"/><SP/><String HEIGHT="23" CONTENT="already" WIDTH="76" HPOS="534" VPOS="776" ID="st15-149"/><SP/><String HEIGHT="23" CONTENT="difficult" WIDTH="80" HPOS="616" VPOS="776" ID="st15-150"/><SP/><String HEIGHT="23" CONTENT="situation" WIDTH="92" HPOS="703" VPOS="776" ID="st15-151"/></TextLine><TextLine HPOS="196" VPOS="813" ID="tl15-15" WIDTH="195" HEIGHT="22"><String HEIGHT="22" CONTENT="in" WIDTH="20" HPOS="196" VPOS="813" ID="st15-152"/><SP/><String HEIGHT="22" CONTENT="these" WIDTH="57" HPOS="223" VPOS="813" ID="st15-153"/><SP/><String HEIGHT="22" CONTENT="countries" WIDTH="93" HPOS="287" VPOS="813" ID="st15-154"/><String HEIGHT="22" CONTENT="." WIDTH="11" HPOS="380" VPOS="813" ID="st15-155"/></TextLine><TextLine HPOS="196" VPOS="885" ID="tl15-16" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Focusing" WIDTH="93" HPOS="196" VPOS="885" ID="st15-156"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="300" VPOS="885" ID="st15-157"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="338" VPOS="885" ID="st15-158"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="449" VPOS="885" ID="st15-159"/><SP/><String HEIGHT="23" CONTENT="coordination" WIDTH="134" HPOS="518" VPOS="885" ID="st15-160"/><SP/><String HEIGHT="23" CONTENT="threatens" WIDTH="99" HPOS="663" VPOS="885" ID="st15-161"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="773" VPOS="885" ID="st15-162"/></TextLine><TextLine HPOS="196" VPOS="921" ID="tl15-17" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="obscure" WIDTH="83" HPOS="196" VPOS="921" ID="st15-163"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="286" VPOS="921" ID="st15-164"/><SP/><String HEIGHT="23" CONTENT="fact" WIDTH="41" HPOS="327" VPOS="921" ID="st15-165"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="374" VPOS="921" ID="st15-166"/><SP/><String HEIGHT="23" CONTENT="one" WIDTH="40" HPOS="424" VPOS="921" ID="st15-167"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="471" VPOS="921" ID="st15-168"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="500" VPOS="921" ID="st15-169"/><SP/><String HEIGHT="23" CONTENT="main" WIDTH="52" HPOS="542" VPOS="921" ID="st15-170"/><SP/><String HEIGHT="23" CONTENT="causes" WIDTH="70" HPOS="601" VPOS="921" ID="st15-171"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="677" VPOS="921" ID="st15-172"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="66" HPOS="706" VPOS="921" ID="st15-173"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="772" VPOS="921" ID="st15-174"/><String HEIGHT="23" CONTENT="s" WIDTH="12" HPOS="783" VPOS="921" ID="st15-175"/></TextLine><TextLine HPOS="196" VPOS="957" ID="tl15-18" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="problems" WIDTH="99" HPOS="196" VPOS="957" ID="st15-176"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="302" VPOS="957" ID="st15-177"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="325" VPOS="957" ID="st15-178"/><SP/><String HEIGHT="23" CONTENT="weakness" WIDTH="103" HPOS="367" VPOS="957" ID="st15-179"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="478" VPOS="957" ID="st15-180"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="98" HPOS="507" VPOS="957" ID="st15-181"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="612" VPOS="957" ID="st15-182"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="734" VPOS="957" ID="st15-183"/></TextLine><TextLine HPOS="196" VPOS="993" ID="tl15-19" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="196" VPOS="993" ID="st15-184"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="89" HPOS="223" VPOS="993" ID="st15-185"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="312" VPOS="993" ID="st15-186"/><SP/><String HEIGHT="23" CONTENT="Both" WIDTH="50" HPOS="332" VPOS="993" ID="st15-187"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="389" VPOS="993" ID="st15-188"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="452" VPOS="993" ID="st15-189"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="530" VPOS="993" ID="st15-190"/><SP/><String HEIGHT="23" CONTENT="employees" WIDTH="112" HPOS="578" VPOS="993" ID="st15-191"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="698" VPOS="993" ID="st15-192"/><SP/><String HEIGHT="23" CONTENT="often" WIDTH="57" HPOS="738" VPOS="993" ID="st15-193"/></TextLine><TextLine HPOS="196" VPOS="1029" ID="tl15-20" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="under" WIDTH="63" HPOS="196" VPOS="1029" ID="st15-194"/><SP/><String HEIGHT="23" CONTENT="so" WIDTH="23" HPOS="265" VPOS="1029" ID="st15-195"/><SP/><String HEIGHT="23" CONTENT="much" WIDTH="60" HPOS="294" VPOS="1029" ID="st15-196"/><SP/><String HEIGHT="23" CONTENT="pressure" WIDTH="88" HPOS="360" VPOS="1029" ID="st15-197"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="40" HPOS="454" VPOS="1029" ID="st15-198"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="494" VPOS="1029" ID="st15-199"/><SP/><String HEIGHT="23" CONTENT="rather" WIDTH="64" HPOS="510" VPOS="1029" ID="st15-200"/><SP/><String HEIGHT="23" CONTENT="than" WIDTH="49" HPOS="580" VPOS="1029" ID="st15-201"/><SP/><String HEIGHT="23" CONTENT="become" WIDTH="84" HPOS="635" VPOS="1029" ID="st15-202"/><SP/><String HEIGHT="23" CONTENT="unem" WIDTH="56" HPOS="725" VPOS="1029" ID="st15-203" SUBS_TYPE="HypPart1" SUBS_CONTENT="unemployed"/><HYP CONTENT="-" WIDTH="14" HPOS="781" VPOS="1029" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1065" ID="tl15-21" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ployed" WIDTH="71" HPOS="196" VPOS="1065" ID="st15-204" SUBS_TYPE="HypPart2" SUBS_CONTENT="unemployed"/><SP/><String HEIGHT="23" CONTENT="under" WIDTH="62" HPOS="277" VPOS="1065" ID="st15-205"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="349" VPOS="1065" ID="st15-206"/><SP/><String HEIGHT="23" CONTENT="conditions" WIDTH="109" HPOS="394" VPOS="1065" ID="st15-207"/><SP/><String HEIGHT="23" CONTENT="imposed" WIDTH="91" HPOS="513" VPOS="1065" ID="st15-208"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="613" VPOS="1065" ID="st15-209"/><SP/><String HEIGHT="23" CONTENT="Hartz" WIDTH="57" HPOS="648" VPOS="1065" ID="st15-210"/><SP/><String HEIGHT="23" CONTENT="IV" WIDTH="16" HPOS="715" VPOS="1065" ID="st15-211"/><String HEIGHT="23" CONTENT="," WIDTH="8" HPOS="731" VPOS="1065" ID="st15-212"/><SP/><String HEIGHT="23" CONTENT="they" WIDTH="46" HPOS="749" VPOS="1065" ID="st15-213"/></TextLine><TextLine HPOS="196" VPOS="1101" ID="tl15-22" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="try" WIDTH="28" HPOS="196" VPOS="1101" ID="st15-214"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="231" VPOS="1101" ID="st15-215"/><SP/><String HEIGHT="23" CONTENT="hang" WIDTH="54" HPOS="261" VPOS="1101" ID="st15-216"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="322" VPOS="1101" ID="st15-217"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="357" VPOS="1101" ID="st15-218"/><SP/><String HEIGHT="23" CONTENT="their" WIDTH="49" HPOS="386" VPOS="1101" ID="st15-219"/><SP/><String HEIGHT="23" CONTENT="jobs" WIDTH="43" HPOS="442" VPOS="1101" ID="st15-220"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="492" VPOS="1101" ID="st15-221"/><SP/><String HEIGHT="23" CONTENT="any" WIDTH="38" HPOS="520" VPOS="1101" ID="st15-222"/><SP/><String HEIGHT="23" CONTENT="price" WIDTH="48" HPOS="565" VPOS="1101" ID="st15-223"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="613" VPOS="1101" ID="st15-224"/><SP/><String HEIGHT="23" CONTENT="This" WIDTH="42" HPOS="630" VPOS="1101" ID="st15-225"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="679" VPOS="1101" ID="st15-226"/><SP/><String HEIGHT="23" CONTENT="how" WIDTH="48" HPOS="701" VPOS="1101" ID="st15-227"/><SP/><String HEIGHT="23" CONTENT="low" WIDTH="39" HPOS="756" VPOS="1101" ID="st15-228"/></TextLine><TextLine HPOS="196" VPOS="1138" ID="tl15-23" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="wages" WIDTH="68" HPOS="196" VPOS="1138" ID="st15-229"/><SP/><String HEIGHT="22" CONTENT="come" WIDTH="58" HPOS="274" VPOS="1138" ID="st15-230"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="22" HPOS="341" VPOS="1138" ID="st15-231"/><SP/><String HEIGHT="22" CONTENT="be" WIDTH="26" HPOS="373" VPOS="1138" ID="st15-232"/><SP/><String HEIGHT="22" CONTENT="agreed" WIDTH="73" HPOS="408" VPOS="1138" ID="st15-233"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="491" VPOS="1138" ID="st15-234"/><SP/><String HEIGHT="22" CONTENT="collective" WIDTH="98" HPOS="519" VPOS="1138" ID="st15-235"/><SP/><String HEIGHT="22" CONTENT="bargaining" WIDTH="110" HPOS="626" VPOS="1138" ID="st15-236"/><String HEIGHT="22" CONTENT="." WIDTH="11" HPOS="736" VPOS="1138" ID="st15-237"/><SP/><String HEIGHT="22" CONTENT="Lib" WIDTH="30" HPOS="756" VPOS="1138" ID="st15-238" SUBS_TYPE="HypPart1" SUBS_CONTENT="Liberalisation"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1138" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="1174" ID="tl15-24" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="eralisation" WIDTH="106" HPOS="196" VPOS="1174" ID="st15-239" SUBS_TYPE="HypPart2" SUBS_CONTENT="Liberalisation"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="302" VPOS="1174" ID="st15-240"/><SP/><String HEIGHT="23" CONTENT="privatisation" WIDTH="129" HPOS="322" VPOS="1174" ID="st15-241"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="462" VPOS="1174" ID="st15-242"/><SP/><String HEIGHT="23" CONTENT="company" WIDTH="97" HPOS="513" VPOS="1174" ID="st15-243"/><SP/><String HEIGHT="23" CONTENT="restructuring" WIDTH="135" HPOS="621" VPOS="1174" ID="st15-244"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="767" VPOS="1174" ID="st15-245" SUBS_TYPE="HypPart1" SUBS_CONTENT="involving"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1174" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1210" ID="tl15-25" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="volving" WIDTH="75" HPOS="196" VPOS="1210" ID="st15-246" SUBS_TYPE="HypPart2" SUBS_CONTENT="involving"/><SP/><String HEIGHT="23" CONTENT="outsourcing" WIDTH="126" HPOS="278" VPOS="1210" ID="st15-247"/><SP/><String HEIGHT="23" CONTENT="lead" WIDTH="45" HPOS="410" VPOS="1210" ID="st15-248"/><SP/><String HEIGHT="23" CONTENT="directly" WIDTH="76" HPOS="461" VPOS="1210" ID="st15-249"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="544" VPOS="1210" ID="st15-250"/><SP/><String HEIGHT="23" CONTENT="lower" WIDTH="60" HPOS="572" VPOS="1210" ID="st15-251"/><SP/><String HEIGHT="23" CONTENT="standards" WIDTH="102" HPOS="639" VPOS="1210" ID="st15-252"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="48" HPOS="747" VPOS="1210" ID="st15-253"/></TextLine><TextLine HPOS="196" VPOS="1246" ID="tl15-26" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="regard" WIDTH="69" HPOS="196" VPOS="1246" ID="st15-254"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="277" VPOS="1246" ID="st15-255"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="69" HPOS="311" VPOS="1246" ID="st15-256"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="391" VPOS="1246" ID="st15-257"/><SP/><String HEIGHT="23" CONTENT="working" WIDTH="88" HPOS="444" VPOS="1246" ID="st15-258"/><SP/><String HEIGHT="23" CONTENT="conditions" WIDTH="107" HPOS="543" VPOS="1246" ID="st15-259"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="650" VPOS="1246" ID="st15-260"/><SP/><String HEIGHT="23" CONTENT="Workforces" WIDTH="122" HPOS="673" VPOS="1246" ID="st15-261"/></TextLine><TextLine HPOS="196" VPOS="1282" ID="tl15-27" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="196" VPOS="1282" ID="st15-262"/><SP/><String HEIGHT="23" CONTENT="split" WIDTH="43" HPOS="241" VPOS="1282" ID="st15-263"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="295" VPOS="1282" ID="st15-264"/><SP/><String HEIGHT="23" CONTENT="played" WIDTH="69" HPOS="347" VPOS="1282" ID="st15-265"/><SP/><String HEIGHT="23" CONTENT="off" WIDTH="30" HPOS="428" VPOS="1282" ID="st15-266"/><SP/><String HEIGHT="23" CONTENT="against" WIDTH="77" HPOS="469" VPOS="1282" ID="st15-267"/><SP/><String HEIGHT="23" CONTENT="one" WIDTH="40" HPOS="557" VPOS="1282" ID="st15-268"/><SP/><String HEIGHT="23" CONTENT="another" WIDTH="77" HPOS="609" VPOS="1282" ID="st15-269"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="686" VPOS="1282" ID="st15-270"/><SP/><String HEIGHT="23" CONTENT="Employ" WIDTH="75" HPOS="708" VPOS="1282" ID="st15-271" SUBS_TYPE="HypPart1" SUBS_CONTENT="Employment"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1282" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1318" ID="tl15-28" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ment" WIDTH="56" HPOS="196" VPOS="1318" ID="st15-272" SUBS_TYPE="HypPart2" SUBS_CONTENT="Employment"/><SP/><String HEIGHT="23" CONTENT="conditions" WIDTH="110" HPOS="261" VPOS="1318" ID="st15-273"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="380" VPOS="1318" ID="st15-274"/><SP/><String HEIGHT="23" CONTENT="increasingly" WIDTH="123" HPOS="422" VPOS="1318" ID="st15-275"/><SP/><String HEIGHT="23" CONTENT="unregulated" WIDTH="128" HPOS="555" VPOS="1318" ID="st15-276"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="693" VPOS="1318" ID="st15-277"/><SP/><String HEIGHT="23" CONTENT="collec" WIDTH="59" HPOS="727" VPOS="1318" ID="st15-278" SUBS_TYPE="HypPart1" SUBS_CONTENT="collective"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1318" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1354" ID="tl15-29" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tive" WIDTH="38" HPOS="196" VPOS="1354" ID="st15-279" SUBS_TYPE="HypPart2" SUBS_CONTENT="collective"/><SP/><String HEIGHT="23" CONTENT="agreements" WIDTH="120" HPOS="245" VPOS="1354" ID="st15-280"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="365" VPOS="1354" ID="st15-281"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="388" VPOS="1354" ID="st15-282"/><SP/><String HEIGHT="23" CONTENT="competition" WIDTH="128" HPOS="438" VPOS="1354" ID="st15-283"/><SP/><String HEIGHT="23" CONTENT="offered" WIDTH="77" HPOS="577" VPOS="1354" ID="st15-284"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="666" VPOS="1354" ID="st15-285"/><SP/><String HEIGHT="23" CONTENT="so" WIDTH="20" HPOS="702" VPOS="1354" ID="st15-286"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="722" VPOS="1354" ID="st15-287"/><String HEIGHT="23" CONTENT="called" WIDTH="62" HPOS="733" VPOS="1354" ID="st15-288"/></TextLine><TextLine HPOS="196" VPOS="1390" ID="tl15-30" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="»" WIDTH="14" HPOS="196" VPOS="1390" ID="st15-289"/><SP/><String HEIGHT="23" CONTENT="Billiggewerkschaften" WIDTH="220" HPOS="210" VPOS="1390" ID="st15-290"/><String HEIGHT="23" CONTENT="«" WIDTH="14" HPOS="430" VPOS="1390" ID="st15-291"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="13" HPOS="450" VPOS="1390" ID="st15-292"/><SP/><String HEIGHT="23" CONTENT="competing" WIDTH="114" HPOS="470" VPOS="1390" ID="st15-293"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="591" VPOS="1390" ID="st15-294"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="653" VPOS="1390" ID="st15-295"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="731" VPOS="1390" ID="st15-296"/></TextLine><TextLine HPOS="196" VPOS="1426" ID="tl15-31" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="accept" WIDTH="70" HPOS="196" VPOS="1426" ID="st15-297"/><SP/><String HEIGHT="23" CONTENT="lower" WIDTH="60" HPOS="278" VPOS="1426" ID="st15-298"/><SP/><String HEIGHT="23" CONTENT="wages" WIDTH="68" HPOS="349" VPOS="1426" ID="st15-299"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="429" VPOS="1426" ID="st15-300"/><SP/><String HEIGHT="23" CONTENT="also" WIDTH="42" HPOS="453" VPOS="1426" ID="st15-301"/><SP/><String HEIGHT="23" CONTENT="threatens" WIDTH="100" HPOS="506" VPOS="1426" ID="st15-302"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="618" VPOS="1426" ID="st15-303"/><SP/><String HEIGHT="23" CONTENT="agree" WIDTH="57" HPOS="727" VPOS="1426" ID="st15-304" SUBS_TYPE="HypPart1" SUBS_CONTENT="agreements"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1426" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1463" ID="tl15-32" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="ments" WIDTH="60" HPOS="196" VPOS="1463" ID="st15-305" SUBS_TYPE="HypPart2" SUBS_CONTENT="agreements"/><String HEIGHT="22" CONTENT="." WIDTH="13" HPOS="256" VPOS="1463" ID="st15-306"/><SP/><String HEIGHT="22" CONTENT="The" WIDTH="39" HPOS="276" VPOS="1463" ID="st15-307"/><SP/><String HEIGHT="22" CONTENT="pressure" WIDTH="88" HPOS="322" VPOS="1463" ID="st15-308"/><SP/><String HEIGHT="22" CONTENT="on" WIDTH="28" HPOS="417" VPOS="1463" ID="st15-309"/><SP/><String HEIGHT="22" CONTENT="wage" WIDTH="58" HPOS="453" VPOS="1463" ID="st15-310"/><SP/><String HEIGHT="22" CONTENT="costs" WIDTH="53" HPOS="518" VPOS="1463" ID="st15-311"/><SP/><String HEIGHT="22" CONTENT="also" WIDTH="42" HPOS="578" VPOS="1463" ID="st15-312"/><SP/><String HEIGHT="22" CONTENT="leads" WIDTH="55" HPOS="627" VPOS="1463" ID="st15-313"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="22" HPOS="689" VPOS="1463" ID="st15-314"/><SP/><String HEIGHT="22" CONTENT="numer" WIDTH="65" HPOS="718" VPOS="1463" ID="st15-315" SUBS_TYPE="HypPart1" SUBS_CONTENT="numerous"/><HYP CONTENT="-" WIDTH="12" HPOS="783" VPOS="1463" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="1499" ID="tl15-33" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ous" WIDTH="38" HPOS="196" VPOS="1499" ID="st15-316" SUBS_TYPE="HypPart2" SUBS_CONTENT="numerous"/><SP/><String HEIGHT="23" CONTENT="concessions" WIDTH="125" HPOS="244" VPOS="1499" ID="st15-317"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="378" VPOS="1499" ID="st15-318"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="409" VPOS="1499" ID="st15-319"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="516" VPOS="1499" ID="st15-320"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="639" VPOS="1499" ID="st15-321"/><SP/><String HEIGHT="23" CONTENT="enterprise" WIDTH="106" HPOS="689" VPOS="1499" ID="st15-322"/></TextLine><TextLine HPOS="196" VPOS="1535" ID="tl15-34" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="level" WIDTH="45" HPOS="196" VPOS="1535" ID="st15-323"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="241" VPOS="1535" ID="st15-324"/><SP/><String HEIGHT="23" CONTENT="Opening" WIDTH="91" HPOS="260" VPOS="1535" ID="st15-325"/><SP/><String HEIGHT="23" CONTENT="clauses" WIDTH="75" HPOS="360" VPOS="1535" ID="st15-326"/><SP/><String HEIGHT="23" CONTENT="make" WIDTH="59" HPOS="444" VPOS="1535" ID="st15-327"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="13" HPOS="512" VPOS="1535" ID="st15-328"/><SP/><String HEIGHT="23" CONTENT="possible" WIDTH="85" HPOS="534" VPOS="1535" ID="st15-329"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="628" VPOS="1535" ID="st15-330"/><SP/><String HEIGHT="23" CONTENT="lower" WIDTH="60" HPOS="659" VPOS="1535" ID="st15-331"/><SP/><String HEIGHT="23" CONTENT="stand" WIDTH="56" HPOS="728" VPOS="1535" ID="st15-332" SUBS_TYPE="HypPart1" SUBS_CONTENT="standards"/><HYP CONTENT="-" WIDTH="11" HPOS="784" VPOS="1535" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1571" ID="tl15-35" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ards" WIDTH="44" HPOS="196" VPOS="1571" ID="st15-333" SUBS_TYPE="HypPart2" SUBS_CONTENT="standards"/><SP/><String HEIGHT="23" CONTENT="temporarily" WIDTH="114" HPOS="250" VPOS="1571" ID="st15-334"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="364" VPOS="1571" ID="st15-335"/><SP/><String HEIGHT="23" CONTENT="whereby" WIDTH="92" HPOS="384" VPOS="1571" ID="st15-336"/><SP/><String HEIGHT="23" CONTENT="working" WIDTH="87" HPOS="485" VPOS="1571" ID="st15-337"/><SP/><String HEIGHT="23" CONTENT="hours" WIDTH="59" HPOS="582" VPOS="1571" ID="st15-338"/><SP/><String HEIGHT="23" CONTENT="lengthen" WIDTH="94" HPOS="651" VPOS="1571" ID="st15-339"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="754" VPOS="1571" ID="st15-340"/></TextLine><TextLine HPOS="196" VPOS="1607" ID="tl15-36" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="pay" WIDTH="38" HPOS="196" VPOS="1607" ID="st15-341"/><SP/><String HEIGHT="23" CONTENT="falls" WIDTH="42" HPOS="240" VPOS="1607" ID="st15-342"/><SP/><String HEIGHT="23" CONTENT="as" WIDTH="22" HPOS="288" VPOS="1607" ID="st15-343"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="316" VPOS="1607" ID="st15-344"/><SP/><String HEIGHT="23" CONTENT="pressure" WIDTH="88" HPOS="357" VPOS="1607" ID="st15-345"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="451" VPOS="1607" ID="st15-346"/><SP/><String HEIGHT="23" CONTENT="become" WIDTH="85" HPOS="479" VPOS="1607" ID="st15-347"/><SP/><String HEIGHT="23" CONTENT="more" WIDTH="55" HPOS="570" VPOS="1607" ID="st15-348"/><SP/><String HEIGHT="23" CONTENT="efficient" WIDTH="86" HPOS="631" VPOS="1607" ID="st15-349"/><SP/><String HEIGHT="23" CONTENT="grows" WIDTH="60" HPOS="723" VPOS="1607" ID="st15-350"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="783" VPOS="1607" ID="st15-351"/></TextLine><TextLine HPOS="196" VPOS="1643" ID="tl15-37" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Due" WIDTH="43" HPOS="196" VPOS="1643" ID="st15-352"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="245" VPOS="1643" ID="st15-353"/><SP/><String HEIGHT="23" CONTENT="longer" WIDTH="68" HPOS="273" VPOS="1643" ID="st15-354"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="347" VPOS="1643" ID="st15-355"/><SP/><String HEIGHT="23" CONTENT="longer" WIDTH="68" HPOS="393" VPOS="1643" ID="st15-356"/><SP/><String HEIGHT="23" CONTENT="periods" WIDTH="78" HPOS="466" VPOS="1643" ID="st15-357"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="550" VPOS="1643" ID="st15-358"/><SP/><String HEIGHT="23" CONTENT="validity" WIDTH="69" HPOS="578" VPOS="1643" ID="st15-359"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="647" VPOS="1643" ID="st15-360"/><SP/><String HEIGHT="23" CONTENT="months" WIDTH="81" HPOS="661" VPOS="1643" ID="st15-361"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="748" VPOS="1643" ID="st15-362"/></TextLine><TextLine HPOS="196" VPOS="1679" ID="tl15-38" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="no" WIDTH="28" HPOS="196" VPOS="1679" ID="st15-363"/><SP/><String HEIGHT="23" CONTENT="pay" WIDTH="38" HPOS="231" VPOS="1679" ID="st15-364"/><SP/><String HEIGHT="23" CONTENT="rises" WIDTH="46" HPOS="276" VPOS="1679" ID="st15-365"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="329" VPOS="1679" ID="st15-366"/><SP/><String HEIGHT="23" CONTENT="lump" WIDTH="53" HPOS="376" VPOS="1679" ID="st15-367"/><String HEIGHT="23" CONTENT="-" WIDTH="13" HPOS="429" VPOS="1679" ID="st15-368"/><String HEIGHT="23" CONTENT="sum" WIDTH="41" HPOS="442" VPOS="1679" ID="st15-369"/><SP/><String HEIGHT="23" CONTENT="payments" WIDTH="103" HPOS="490" VPOS="1679" ID="st15-370"/><SP/><String HEIGHT="23" CONTENT="employees" WIDTH="112" HPOS="600" VPOS="1679" ID="st15-371"/><SP/><String HEIGHT="23" CONTENT="end" WIDTH="40" HPOS="720" VPOS="1679" ID="st15-372"/><SP/><String HEIGHT="23" CONTENT="up" WIDTH="28" HPOS="767" VPOS="1679" ID="st15-373"/></TextLine><TextLine HPOS="196" VPOS="1715" ID="tl15-39" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="relinquishing" WIDTH="136" HPOS="196" VPOS="1715" ID="st15-374"/><SP/><String HEIGHT="23" CONTENT="considerable" WIDTH="133" HPOS="338" VPOS="1715" ID="st15-375"/><SP/><String HEIGHT="23" CONTENT="sums" WIDTH="48" HPOS="477" VPOS="1715" ID="st15-376"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="525" VPOS="1715" ID="st15-377"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="543" VPOS="1715" ID="st15-378"/><SP/><String HEIGHT="23" CONTENT="combination" WIDTH="129" HPOS="568" VPOS="1715" ID="st15-379"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="697" VPOS="1715" ID="st15-380"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="714" VPOS="1715" ID="st15-381"/><SP/><String HEIGHT="23" CONTENT="fac" WIDTH="31" HPOS="754" VPOS="1715" ID="st15-382" SUBS_TYPE="HypPart1" SUBS_CONTENT="factors"/><HYP CONTENT="-" WIDTH="10" HPOS="785" VPOS="1715" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1751" ID="tl15-40" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="tors" WIDTH="41" HPOS="196" VPOS="1751" ID="st15-383" SUBS_TYPE="HypPart2" SUBS_CONTENT="factors"/><SP/><String HEIGHT="23" CONTENT="outlined" WIDTH="88" HPOS="247" VPOS="1751" ID="st15-384"/><SP/><String HEIGHT="23" CONTENT="here" WIDTH="46" HPOS="346" VPOS="1751" ID="st15-385"/><SP/><String HEIGHT="23" CONTENT="affect" WIDTH="61" HPOS="403" VPOS="1751" ID="st15-386"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="59" HPOS="474" VPOS="1751" ID="st15-387"/><SP/><String HEIGHT="23" CONTENT="development" WIDTH="139" HPOS="543" VPOS="1751" ID="st15-388"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="693" VPOS="1751" ID="st15-389"/><SP/><String HEIGHT="23" CONTENT="such" WIDTH="49" HPOS="723" VPOS="1751" ID="st15-390"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="782" VPOS="1751" ID="st15-391"/></TextLine><TextLine HPOS="196" VPOS="1788" ID="tl15-41" WIDTH="599" HEIGHT="22"><String HEIGHT="22" CONTENT="way" WIDTH="43" HPOS="196" VPOS="1788" ID="st15-392"/><SP/><String HEIGHT="22" CONTENT="that" WIDTH="40" HPOS="246" VPOS="1788" ID="st15-393"/><String HEIGHT="22" CONTENT="," WIDTH="10" HPOS="286" VPOS="1788" ID="st15-394"/><SP/><String HEIGHT="22" CONTENT="by" WIDTH="25" HPOS="302" VPOS="1788" ID="st15-395"/><SP/><String HEIGHT="22" CONTENT="European" WIDTH="101" HPOS="333" VPOS="1788" ID="st15-396"/><SP/><String HEIGHT="22" CONTENT="comparison" WIDTH="118" HPOS="440" VPOS="1788" ID="st15-397"/><String HEIGHT="22" CONTENT="," WIDTH="12" HPOS="558" VPOS="1788" ID="st15-398"/><SP/><String HEIGHT="22" CONTENT="it" WIDTH="14" HPOS="576" VPOS="1788" ID="st15-399"/><SP/><String HEIGHT="22" CONTENT="amounts" WIDTH="94" HPOS="596" VPOS="1788" ID="st15-400"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="22" HPOS="696" VPOS="1788" ID="st15-401"/><SP/><String HEIGHT="22" CONTENT="dump" WIDTH="57" HPOS="724" VPOS="1788" ID="st15-402" SUBS_TYPE="HypPart1" SUBS_CONTENT="dumping"/><HYP CONTENT="-" WIDTH="14" HPOS="781" VPOS="1788" HEIGHT="22"/></TextLine><TextLine HPOS="196" VPOS="1824" ID="tl15-42" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="ing" WIDTH="30" HPOS="196" VPOS="1824" ID="st15-403" SUBS_TYPE="HypPart2" SUBS_CONTENT="dumping"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="226" VPOS="1824" ID="st15-404"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="243" VPOS="1824" ID="st15-405"/><SP/><String HEIGHT="23" CONTENT="service" WIDTH="71" HPOS="288" VPOS="1824" ID="st15-406"/><SP/><String HEIGHT="23" CONTENT="sector" WIDTH="64" HPOS="365" VPOS="1824" ID="st15-407"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="435" VPOS="1824" ID="st15-408"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="98" HPOS="460" VPOS="1824" ID="st15-409"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="564" VPOS="1824" ID="st15-410"/><SP/><String HEIGHT="23" CONTENT="particularly" WIDTH="117" HPOS="585" VPOS="1824" ID="st15-411"/><SP/><String HEIGHT="23" CONTENT="affected" WIDTH="87" HPOS="708" VPOS="1824" ID="st15-412"/></TextLine><TextLine HPOS="196" VPOS="1860" ID="tl15-43" WIDTH="392" HEIGHT="23"><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="196" VPOS="1860" ID="st15-413"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="228" VPOS="1860" ID="st15-414"/><SP/><String HEIGHT="23" CONTENT="developments" WIDTH="149" HPOS="270" VPOS="1860" ID="st15-415"/><SP/><String HEIGHT="23" CONTENT="described" WIDTH="101" HPOS="426" VPOS="1860" ID="st15-416"/><SP/><String HEIGHT="23" CONTENT="here" WIDTH="43" HPOS="534" VPOS="1860" ID="st15-417"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="577" VPOS="1860" ID="st15-418"/></TextLine><TextLine HPOS="196" VPOS="1932" ID="tl15-44" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="Since" WIDTH="56" HPOS="196" VPOS="1932" ID="st15-419"/><SP/><String HEIGHT="23" CONTENT="2006" WIDTH="50" HPOS="257" VPOS="1932" ID="st15-420"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="307" VPOS="1932" ID="st15-421"/><SP/><String HEIGHT="23" CONTENT="therefore" WIDTH="94" HPOS="325" VPOS="1932" ID="st15-422"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="419" VPOS="1932" ID="st15-423"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="436" VPOS="1932" ID="st15-424"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="476" VPOS="1932" ID="st15-425"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="537" VPOS="1932" ID="st15-426"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="613" VPOS="1932" ID="st15-427"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="97" HPOS="638" VPOS="1932" ID="st15-428"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="741" VPOS="1932" ID="st15-429"/><SP/><String HEIGHT="23" CONTENT="pri" WIDTH="27" HPOS="759" VPOS="1932" ID="st15-430" SUBS_TYPE="HypPart1" SUBS_CONTENT="primarily"/><HYP CONTENT="-" WIDTH="9" HPOS="786" VPOS="1932" HEIGHT="23"/></TextLine><TextLine HPOS="196" VPOS="1968" ID="tl15-45" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="marily" WIDTH="64" HPOS="196" VPOS="1968" ID="st15-431" SUBS_TYPE="HypPart2" SUBS_CONTENT="primarily"/><SP/><String HEIGHT="23" CONTENT="ver" WIDTH="28" HPOS="266" VPOS="1968" ID="st15-432"/><String HEIGHT="23" CONTENT="." WIDTH="9" HPOS="294" VPOS="1968" ID="st15-433"/><String HEIGHT="23" CONTENT="di" WIDTH="19" HPOS="303" VPOS="1968" ID="st15-434"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="327" VPOS="1968" ID="st15-435"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="373" VPOS="1968" ID="st15-436"/><SP/><String HEIGHT="23" CONTENT="Nahrung" WIDTH="83" HPOS="413" VPOS="1968" ID="st15-437"/><String HEIGHT="23" CONTENT="-" WIDTH="12" HPOS="496" VPOS="1968" ID="st15-438"/><String HEIGHT="23" CONTENT="Genuss" WIDTH="71" HPOS="508" VPOS="1968" ID="st15-439"/><String HEIGHT="23" CONTENT="-" WIDTH="12" HPOS="579" VPOS="1968" ID="st15-440"/><String HEIGHT="23" CONTENT="Gaststätten" WIDTH="132" HPOS="591" VPOS="1968" ID="st15-441"/><String HEIGHT="23" CONTENT="(" WIDTH="13" HPOS="728" VPOS="1968" ID="st15-442"/><String HEIGHT="23" CONTENT="NGG" WIDTH="40" HPOS="741" VPOS="1968" ID="st15-443"/><String HEIGHT="23" CONTENT=")" WIDTH="14" HPOS="781" VPOS="1968" ID="st15-444"/></TextLine><TextLine HPOS="196" VPOS="2004" ID="tl15-46" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="trade" WIDTH="56" HPOS="196" VPOS="2004" ID="st15-445"/><SP/><String HEIGHT="23" CONTENT="union" WIDTH="62" HPOS="263" VPOS="2004" ID="st15-446"/><String HEIGHT="23" CONTENT="(" WIDTH="11" HPOS="336" VPOS="2004" ID="st15-447"/><String HEIGHT="23" CONTENT="food" WIDTH="46" HPOS="347" VPOS="2004" ID="st15-448"/><SP/><String HEIGHT="23" CONTENT="industry" WIDTH="85" HPOS="404" VPOS="2004" ID="st15-449"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="501" VPOS="2004" ID="st15-450"/><SP/><String HEIGHT="23" CONTENT="catering" WIDTH="83" HPOS="552" VPOS="2004" ID="st15-451"/><String HEIGHT="23" CONTENT=")" WIDTH="11" HPOS="635" VPOS="2004" ID="st15-452"/><SP/><String HEIGHT="23" CONTENT="–" WIDTH="12" HPOS="657" VPOS="2004" ID="st15-453"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="681" VPOS="2004" ID="st15-454"/><SP/><String HEIGHT="23" CONTENT="been" WIDTH="53" HPOS="742" VPOS="2004" ID="st15-455"/></TextLine><TextLine HPOS="196" VPOS="2040" ID="tl15-47" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="calling" WIDTH="68" HPOS="196" VPOS="2040" ID="st15-456"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="272" VPOS="2040" ID="st15-457"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="310" VPOS="2040" ID="st15-458"/><SP/><String HEIGHT="23" CONTENT="statutory" WIDTH="94" HPOS="330" VPOS="2040" ID="st15-459"/><SP/><String HEIGHT="23" CONTENT="minimum" WIDTH="102" HPOS="431" VPOS="2040" ID="st15-460"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="540" VPOS="2040" ID="st15-461"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="606" VPOS="2040" ID="st15-462"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="635" VPOS="2040" ID="st15-463"/><SP/><String HEIGHT="23" CONTENT="kind" WIDTH="45" HPOS="678" VPOS="2040" ID="st15-464"/><SP/><String HEIGHT="23" CONTENT="found" WIDTH="64" HPOS="731" VPOS="2040" ID="st15-465"/></TextLine><TextLine HPOS="858" VPOS="307" ID="tl15-48" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="858" VPOS="307" ID="st15-466"/><SP/><String HEIGHT="23" CONTENT="most" WIDTH="53" HPOS="887" VPOS="307" ID="st15-467"/><SP/><String HEIGHT="23" CONTENT="other" WIDTH="57" HPOS="950" VPOS="307" ID="st15-468"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="1016" VPOS="307" ID="st15-469"/><SP/><String HEIGHT="23" CONTENT="countries" WIDTH="97" HPOS="1127" VPOS="307" ID="st15-470"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="1234" VPOS="307" ID="st15-471"/><SP/><String HEIGHT="23" CONTENT="years" WIDTH="51" HPOS="1274" VPOS="307" ID="st15-472"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1325" VPOS="307" ID="st15-473"/><SP/><String HEIGHT="23" CONTENT="In" WIDTH="20" HPOS="1345" VPOS="307" ID="st15-474"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="69" HPOS="1375" VPOS="307" ID="st15-475"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1444" VPOS="307" ID="st15-476"/></TextLine><TextLine HPOS="858" VPOS="343" ID="tl15-49" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="we" WIDTH="32" HPOS="858" VPOS="343" ID="st15-477"/><SP/><String HEIGHT="23" CONTENT="need" WIDTH="52" HPOS="899" VPOS="343" ID="st15-478"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="960" VPOS="343" ID="st15-479"/><SP/><String HEIGHT="23" CONTENT="coordinated" WIDTH="127" HPOS="982" VPOS="343" ID="st15-480"/><SP/><String HEIGHT="23" CONTENT="minimum" WIDTH="101" HPOS="1118" VPOS="343" ID="st15-481"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1228" VPOS="343" ID="st15-482"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1295" VPOS="343" ID="st15-483"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="48" HPOS="1365" VPOS="343" ID="st15-484"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1421" VPOS="343" ID="st15-485"/></TextLine><TextLine HPOS="858" VPOS="379" ID="tl15-50" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="aim" WIDTH="39" HPOS="858" VPOS="379" ID="st15-486"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="904" VPOS="379" ID="st15-487"/><SP/><String HEIGHT="23" CONTENT="achieving" WIDTH="100" HPOS="934" VPOS="379" ID="st15-488"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1042" VPOS="379" ID="st15-489"/><SP/><String HEIGHT="23" CONTENT="minimum" WIDTH="101" HPOS="1062" VPOS="379" ID="st15-490"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1171" VPOS="379" ID="st15-491"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1237" VPOS="379" ID="st15-492"/><SP/><String HEIGHT="23" CONTENT="50" WIDTH="28" HPOS="1267" VPOS="379" ID="st15-493"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1303" VPOS="379" ID="st15-494"/><SP/><String HEIGHT="23" CONTENT="60" WIDTH="28" HPOS="1332" VPOS="379" ID="st15-495"/><SP/><String HEIGHT="23" CONTENT="per" WIDTH="35" HPOS="1368" VPOS="379" ID="st15-496"/><SP/><String HEIGHT="23" CONTENT="cent" WIDTH="46" HPOS="1410" VPOS="379" ID="st15-497"/></TextLine><TextLine HPOS="858" VPOS="415" ID="tl15-51" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="858" VPOS="415" ID="st15-498"/><SP/><String HEIGHT="23" CONTENT="average" WIDTH="83" HPOS="889" VPOS="415" ID="st15-499"/><SP/><String HEIGHT="23" CONTENT="income" WIDTH="72" HPOS="981" VPOS="415" ID="st15-500"/><String HEIGHT="23" CONTENT="." WIDTH="13" HPOS="1053" VPOS="415" ID="st15-501"/><SP/><String HEIGHT="23" CONTENT="An" WIDTH="30" HPOS="1075" VPOS="415" ID="st15-502"/><SP/><String HEIGHT="23" CONTENT="important" WIDTH="105" HPOS="1114" VPOS="415" ID="st15-503"/><SP/><String HEIGHT="23" CONTENT="starting" WIDTH="81" HPOS="1228" VPOS="415" ID="st15-504"/><SP/><String HEIGHT="23" CONTENT="point" WIDTH="55" HPOS="1318" VPOS="415" ID="st15-505"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="20" HPOS="1382" VPOS="415" ID="st15-506"/><SP/><String HEIGHT="23" CONTENT="Ger" WIDTH="35" HPOS="1410" VPOS="415" ID="st15-507" SUBS_TYPE="HypPart1" SUBS_CONTENT="German"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="415" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="451" ID="tl15-52" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="man" WIDTH="47" HPOS="858" VPOS="451" ID="st15-508" SUBS_TYPE="HypPart2" SUBS_CONTENT="German"/><SP/><String HEIGHT="23" CONTENT="politics" WIDTH="74" HPOS="915" VPOS="451" ID="st15-509"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="999" VPOS="451" ID="st15-510"/><SP/><String HEIGHT="23" CONTENT="labour" WIDTH="68" HPOS="1024" VPOS="451" ID="st15-511"/><SP/><String HEIGHT="23" CONTENT="market" WIDTH="75" HPOS="1102" VPOS="451" ID="st15-512"/><SP/><String HEIGHT="23" CONTENT="legislation" WIDTH="104" HPOS="1187" VPOS="451" ID="st15-513"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="1291" VPOS="451" ID="st15-514"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1311" VPOS="451" ID="st15-515"/><SP/><String HEIGHT="23" CONTENT="Hartz" WIDTH="57" HPOS="1360" VPOS="451" ID="st15-516"/><SP/><String HEIGHT="23" CONTENT="re" WIDTH="20" HPOS="1427" VPOS="451" ID="st15-517" SUBS_TYPE="HypPart1" SUBS_CONTENT="reforms"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="451" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="488" ID="tl15-53" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="forms" WIDTH="61" HPOS="858" VPOS="488" ID="st15-518" SUBS_TYPE="HypPart2" SUBS_CONTENT="reforms"/><SP/><String HEIGHT="22" CONTENT="must" WIDTH="53" HPOS="926" VPOS="488" ID="st15-519"/><SP/><String HEIGHT="22" CONTENT="be" WIDTH="27" HPOS="986" VPOS="488" ID="st15-520"/><SP/><String HEIGHT="22" CONTENT="amended" WIDTH="100" HPOS="1020" VPOS="488" ID="st15-521"/><SP/><String HEIGHT="22" CONTENT="because" WIDTH="86" HPOS="1128" VPOS="488" ID="st15-522"/><SP/><String HEIGHT="22" CONTENT="they" WIDTH="46" HPOS="1221" VPOS="488" ID="st15-523"/><SP/><String HEIGHT="22" CONTENT="were" WIDTH="53" HPOS="1274" VPOS="488" ID="st15-524"/><SP/><String HEIGHT="22" CONTENT="deliberately" WIDTH="122" HPOS="1334" VPOS="488" ID="st15-525"/></TextLine><TextLine HPOS="858" VPOS="524" ID="tl15-54" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="aimed" WIDTH="65" HPOS="858" VPOS="524" ID="st15-526"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="928" VPOS="524" ID="st15-527"/><SP/><String HEIGHT="23" CONTENT="weakening" WIDTH="117" HPOS="954" VPOS="524" ID="st15-528"/><SP/><String HEIGHT="23" CONTENT="free" WIDTH="41" HPOS="1076" VPOS="524" ID="st15-529"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1122" VPOS="524" ID="st15-530"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="1224" VPOS="524" ID="st15-531"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1343" VPOS="524" ID="st15-532"/><SP/><String HEIGHT="23" CONTENT="reduc" WIDTH="56" HPOS="1389" VPOS="524" ID="st15-533" SUBS_TYPE="HypPart1" SUBS_CONTENT="reducing"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="524" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="560" ID="tl15-55" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ing" WIDTH="33" HPOS="858" VPOS="560" ID="st15-534" SUBS_TYPE="HypPart2" SUBS_CONTENT="reducing"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="900" VPOS="560" ID="st15-535"/><SP/><String HEIGHT="23" CONTENT="costs" WIDTH="50" HPOS="967" VPOS="560" ID="st15-536"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="1017" VPOS="560" ID="st15-537"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1035" VPOS="560" ID="st15-538"/><SP/><String HEIGHT="23" CONTENT="system" WIDTH="72" HPOS="1083" VPOS="560" ID="st15-539"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1164" VPOS="560" ID="st15-540"/><SP/><String HEIGHT="23" CONTENT="blanket" WIDTH="79" HPOS="1195" VPOS="560" ID="st15-541"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1283" VPOS="560" ID="st15-542"/><SP/><String HEIGHT="23" CONTENT="agree" WIDTH="56" HPOS="1389" VPOS="560" ID="st15-543" SUBS_TYPE="HypPart1" SUBS_CONTENT="agreements"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="560" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="596" ID="tl15-56" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ments" WIDTH="65" HPOS="858" VPOS="596" ID="st15-544" SUBS_TYPE="HypPart2" SUBS_CONTENT="agreements"/><SP/><String HEIGHT="23" CONTENT="must" WIDTH="52" HPOS="931" VPOS="596" ID="st15-545"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="991" VPOS="596" ID="st15-546"/><SP/><String HEIGHT="23" CONTENT="stabilised" WIDTH="97" HPOS="1025" VPOS="596" ID="st15-547"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1130" VPOS="596" ID="st15-548"/><SP/><String HEIGHT="23" CONTENT="facilitating" WIDTH="111" HPOS="1162" VPOS="596" ID="st15-549"/><SP/><String HEIGHT="23" CONTENT="agreements" WIDTH="125" HPOS="1281" VPOS="596" ID="st15-550"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="1413" VPOS="596" ID="st15-551"/></TextLine><TextLine HPOS="858" VPOS="632" ID="tl15-57" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="858" VPOS="632" ID="st15-552"/><SP/><String HEIGHT="23" CONTENT="generally" WIDTH="96" HPOS="896" VPOS="632" ID="st15-553"/><SP/><String HEIGHT="23" CONTENT="binding" WIDTH="76" HPOS="997" VPOS="632" ID="st15-554"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1073" VPOS="632" ID="st15-555"/><SP/><String HEIGHT="23" CONTENT="extending" WIDTH="105" HPOS="1090" VPOS="632" ID="st15-556"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1200" VPOS="632" ID="st15-557"/><SP/><String HEIGHT="23" CONTENT="law" WIDTH="37" HPOS="1241" VPOS="632" ID="st15-558"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1283" VPOS="632" ID="st15-559"/><SP/><String HEIGHT="23" CONTENT="posted" WIDTH="73" HPOS="1316" VPOS="632" ID="st15-560"/><SP/><String HEIGHT="23" CONTENT="work" WIDTH="50" HPOS="1394" VPOS="632" ID="st15-561" SUBS_TYPE="HypPart1" SUBS_CONTENT="workers"/><HYP CONTENT="-" WIDTH="12" HPOS="1444" VPOS="632" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="668" ID="tl15-58" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ers" WIDTH="30" HPOS="858" VPOS="668" ID="st15-562" SUBS_TYPE="HypPart2" SUBS_CONTENT="workers"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="898" VPOS="668" ID="st15-563"/><SP/><String HEIGHT="23" CONTENT="all" WIDTH="24" HPOS="929" VPOS="668" ID="st15-564"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="962" VPOS="668" ID="st15-565"/><SP/><String HEIGHT="23" CONTENT="categories" WIDTH="109" HPOS="1029" VPOS="668" ID="st15-566"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1147" VPOS="668" ID="st15-567"/><SP/><String HEIGHT="23" CONTENT="worker" WIDTH="64" HPOS="1196" VPOS="668" ID="st15-568"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="1260" VPOS="668" ID="st15-569"/><String HEIGHT="23" CONTENT="friendly" WIDTH="87" HPOS="1271" VPOS="668" ID="st15-570"/><SP/><String HEIGHT="23" CONTENT="procure" WIDTH="78" HPOS="1367" VPOS="668" ID="st15-571" SUBS_TYPE="HypPart1" SUBS_CONTENT="procurement"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="668" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="704" ID="tl15-59" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ment" WIDTH="55" HPOS="858" VPOS="704" ID="st15-572" SUBS_TYPE="HypPart2" SUBS_CONTENT="procurement"/><SP/><String HEIGHT="23" CONTENT="laws" WIDTH="43" HPOS="922" VPOS="704" ID="st15-573"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="965" VPOS="704" ID="st15-574"/><SP/><String HEIGHT="23" CONTENT="Collective" WIDTH="102" HPOS="985" VPOS="704" ID="st15-575"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="114" HPOS="1096" VPOS="704" ID="st15-576"/><SP/><String HEIGHT="23" CONTENT="policy" WIDTH="61" HPOS="1218" VPOS="704" ID="st15-577"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1288" VPOS="704" ID="st15-578"/><SP/><String HEIGHT="23" CONTENT="performs" WIDTH="96" HPOS="1360" VPOS="704" ID="st15-579"/></TextLine><TextLine HPOS="858" VPOS="740" ID="tl15-60" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="its" WIDTH="23" HPOS="858" VPOS="740" ID="st15-580"/><SP/><String HEIGHT="23" CONTENT="distribution" WIDTH="121" HPOS="892" VPOS="740" ID="st15-581"/><SP/><String HEIGHT="23" CONTENT="function" WIDTH="88" HPOS="1024" VPOS="740" ID="st15-582"/><SP/><String HEIGHT="23" CONTENT="properly" WIDTH="87" HPOS="1123" VPOS="740" ID="st15-583"/><SP/><String HEIGHT="23" CONTENT="needs" WIDTH="62" HPOS="1221" VPOS="740" ID="st15-584"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="26" HPOS="1294" VPOS="740" ID="st15-585"/><SP/><String HEIGHT="23" CONTENT="institutional" WIDTH="125" HPOS="1331" VPOS="740" ID="st15-586"/></TextLine><TextLine HPOS="858" VPOS="776" ID="tl15-61" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="framework" WIDTH="116" HPOS="858" VPOS="776" ID="st15-587"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="984" VPOS="776" ID="st15-588"/><SP/><String HEIGHT="23" CONTENT="supporting" WIDTH="115" HPOS="1033" VPOS="776" ID="st15-589"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="96" HPOS="1158" VPOS="776" ID="st15-590"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1254" VPOS="776" ID="st15-591"/><SP/><String HEIGHT="23" CONTENT="fiscal" WIDTH="52" HPOS="1277" VPOS="776" ID="st15-592"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1339" VPOS="776" ID="st15-593"/><SP/><String HEIGHT="23" CONTENT="labour" WIDTH="68" HPOS="1388" VPOS="776" ID="st15-594"/></TextLine><TextLine HPOS="858" VPOS="813" ID="tl15-62" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="market" WIDTH="75" HPOS="858" VPOS="813" ID="st15-595"/><SP/><String HEIGHT="22" CONTENT="policy" WIDTH="56" HPOS="941" VPOS="813" ID="st15-596"/><String HEIGHT="22" CONTENT="." WIDTH="10" HPOS="997" VPOS="813" ID="st15-597"/><SP/><String HEIGHT="22" CONTENT="The" WIDTH="38" HPOS="1016" VPOS="813" ID="st15-598"/><SP/><String HEIGHT="22" CONTENT="trade" WIDTH="56" HPOS="1063" VPOS="813" ID="st15-599"/><SP/><String HEIGHT="22" CONTENT="unions" WIDTH="71" HPOS="1127" VPOS="813" ID="st15-600"/><SP/><String HEIGHT="22" CONTENT="are" WIDTH="33" HPOS="1206" VPOS="813" ID="st15-601"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="1248" VPOS="813" ID="st15-602"/><SP/><String HEIGHT="22" CONTENT="some" WIDTH="57" HPOS="1276" VPOS="813" ID="st15-603"/><SP/><String HEIGHT="22" CONTENT="agreement" WIDTH="115" HPOS="1341" VPOS="813" ID="st15-604"/></TextLine><TextLine HPOS="858" VPOS="849" ID="tl15-63" WIDTH="433" HEIGHT="23"><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="858" VPOS="849" ID="st15-605"/><SP/><String HEIGHT="23" CONTENT="Toralf" WIDTH="58" HPOS="912" VPOS="849" ID="st15-606"/><SP/><String HEIGHT="23" CONTENT="Pusch" WIDTH="61" HPOS="977" VPOS="849" ID="st15-607"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1045" VPOS="849" ID="st15-608"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1080" VPOS="849" ID="st15-609"/><SP/><String HEIGHT="23" CONTENT="number" WIDTH="84" HPOS="1099" VPOS="849" ID="st15-610"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1190" VPOS="849" ID="st15-611"/><SP/><String HEIGHT="23" CONTENT="points" WIDTH="61" HPOS="1219" VPOS="849" ID="st15-612"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1280" VPOS="849" ID="st15-613"/></TextLine><TextLine HPOS="858" VPOS="921" ID="tl15-64" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="In" WIDTH="19" HPOS="858" VPOS="921" ID="st15-614"/><SP/><String HEIGHT="23" CONTENT="spite" WIDTH="50" HPOS="883" VPOS="921" ID="st15-615"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="939" VPOS="921" ID="st15-616"/><SP/><String HEIGHT="23" CONTENT="all" WIDTH="23" HPOS="967" VPOS="921" ID="st15-617"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="40" HPOS="996" VPOS="921" ID="st15-618"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="1036" VPOS="921" ID="st15-619"/><SP/><String HEIGHT="23" CONTENT="however" WIDTH="84" HPOS="1052" VPOS="921" ID="st15-620"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1136" VPOS="921" ID="st15-621"/><SP/><String HEIGHT="23" CONTENT="it" WIDTH="14" HPOS="1154" VPOS="921" ID="st15-622"/><SP/><String HEIGHT="23" CONTENT="must" WIDTH="53" HPOS="1173" VPOS="921" ID="st15-623"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="1232" VPOS="921" ID="st15-624"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="1274" VPOS="921" ID="st15-625"/><SP/><String HEIGHT="23" CONTENT="forgotten" WIDTH="101" HPOS="1306" VPOS="921" ID="st15-626"/><SP/><String HEIGHT="23" CONTENT="that" WIDTH="43" HPOS="1413" VPOS="921" ID="st15-627"/></TextLine><TextLine HPOS="858" VPOS="957" ID="tl15-65" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="858" VPOS="957" ID="st15-628"/><SP/><String HEIGHT="23" CONTENT="guidelines" WIDTH="107" HPOS="904" VPOS="957" ID="st15-629"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="48" HPOS="1022" VPOS="957" ID="st15-630"/><SP/><String HEIGHT="23" CONTENT="regard" WIDTH="69" HPOS="1081" VPOS="957" ID="st15-631"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1161" VPOS="957" ID="st15-632"/><SP/><String HEIGHT="23" CONTENT="our" WIDTH="36" HPOS="1195" VPOS="957" ID="st15-633"/><SP/><String HEIGHT="23" CONTENT="living" WIDTH="56" HPOS="1242" VPOS="957" ID="st15-634"/><SP/><String HEIGHT="23" CONTENT="standards" WIDTH="103" HPOS="1309" VPOS="957" ID="st15-635"/><SP/><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="1423" VPOS="957" ID="st15-636"/></TextLine><TextLine HPOS="858" VPOS="993" ID="tl15-66" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="set" WIDTH="30" HPOS="858" VPOS="993" ID="st15-637"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="894" VPOS="993" ID="st15-638"/><SP/><String HEIGHT="23" CONTENT="Brussels" WIDTH="80" HPOS="919" VPOS="993" ID="st15-639"/><String HEIGHT="23" CONTENT="." WIDTH="10" HPOS="999" VPOS="993" ID="st15-640"/><SP/><String HEIGHT="23" CONTENT="Market" WIDTH="69" HPOS="1014" VPOS="993" ID="st15-641"/><String HEIGHT="23" CONTENT="-" WIDTH="11" HPOS="1083" VPOS="993" ID="st15-642"/><String HEIGHT="23" CONTENT="driven" WIDTH="70" HPOS="1094" VPOS="993" ID="st15-643"/><SP/><String HEIGHT="23" CONTENT="deregulation" WIDTH="134" HPOS="1170" VPOS="993" ID="st15-644"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="41" HPOS="1309" VPOS="993" ID="st15-645"/><SP/><String HEIGHT="23" CONTENT="unbridled" WIDTH="102" HPOS="1355" VPOS="993" ID="st15-646"/></TextLine><TextLine HPOS="858" VPOS="1029" ID="tl15-67" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="competition" WIDTH="122" HPOS="858" VPOS="1029" ID="st15-647"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="980" VPOS="1029" ID="st15-648"/><SP/><String HEIGHT="23" CONTENT="privatisation" WIDTH="129" HPOS="1000" VPOS="1029" ID="st15-649"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1137" VPOS="1029" ID="st15-650"/><SP/><String HEIGHT="23" CONTENT="cuts" WIDTH="43" HPOS="1185" VPOS="1029" ID="st15-651"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1236" VPOS="1029" ID="st15-652"/><SP/><String HEIGHT="23" CONTENT="social" WIDTH="58" HPOS="1263" VPOS="1029" ID="st15-653"/><SP/><String HEIGHT="23" CONTENT="security" WIDTH="81" HPOS="1329" VPOS="1029" ID="st15-654"/><SP/><String HEIGHT="23" CONTENT="sys" WIDTH="30" HPOS="1417" VPOS="1029" ID="st15-655" SUBS_TYPE="HypPart1" SUBS_CONTENT="systems"/><HYP CONTENT="-" WIDTH="9" HPOS="1447" VPOS="1029" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1065" ID="tl15-68" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="tems" WIDTH="51" HPOS="858" VPOS="1065" ID="st15-656" SUBS_TYPE="HypPart2" SUBS_CONTENT="systems"/><SP/><String HEIGHT="23" CONTENT="have" WIDTH="50" HPOS="916" VPOS="1065" ID="st15-657"/><SP/><String HEIGHT="23" CONTENT="their" WIDTH="48" HPOS="973" VPOS="1065" ID="st15-658"/><SP/><String HEIGHT="23" CONTENT="starting" WIDTH="81" HPOS="1028" VPOS="1065" ID="st15-659"/><SP/><String HEIGHT="23" CONTENT="point" WIDTH="56" HPOS="1115" VPOS="1065" ID="st15-660"/><SP/><String HEIGHT="23" CONTENT="there" WIDTH="51" HPOS="1178" VPOS="1065" ID="st15-661"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1229" VPOS="1065" ID="st15-662"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1247" VPOS="1065" ID="st15-663"/><SP/><String HEIGHT="23" CONTENT="member" WIDTH="89" HPOS="1292" VPOS="1065" ID="st15-664"/><SP/><String HEIGHT="23" CONTENT="states" WIDTH="58" HPOS="1388" VPOS="1065" ID="st15-665"/><String HEIGHT="23" CONTENT="’" WIDTH="10" HPOS="1446" VPOS="1065" ID="st15-666"/></TextLine><TextLine HPOS="858" VPOS="1101" ID="tl15-69" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="room" WIDTH="56" HPOS="858" VPOS="1101" ID="st15-667"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="920" VPOS="1101" ID="st15-668"/><SP/><String HEIGHT="23" CONTENT="manoeuvre" WIDTH="119" HPOS="948" VPOS="1101" ID="st15-669"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1072" VPOS="1101" ID="st15-670"/><SP/><String HEIGHT="23" CONTENT="becoming" WIDTH="106" HPOS="1093" VPOS="1101" ID="st15-671"/><SP/><String HEIGHT="23" CONTENT="increasingly" WIDTH="123" HPOS="1204" VPOS="1101" ID="st15-672"/><SP/><String HEIGHT="23" CONTENT="restricted" WIDTH="98" HPOS="1333" VPOS="1101" ID="st15-673"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="1101" ID="st15-674"/></TextLine><TextLine HPOS="858" VPOS="1138" ID="tl15-70" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="Brussels" WIDTH="80" HPOS="858" VPOS="1138" ID="st15-675"/><String HEIGHT="22" CONTENT="." WIDTH="10" HPOS="938" VPOS="1138" ID="st15-676"/><SP/><String HEIGHT="22" CONTENT="In" WIDTH="20" HPOS="956" VPOS="1138" ID="st15-677"/><SP/><String HEIGHT="22" CONTENT="that" WIDTH="43" HPOS="984" VPOS="1138" ID="st15-678"/><SP/><String HEIGHT="22" CONTENT="case" WIDTH="45" HPOS="1036" VPOS="1138" ID="st15-679"/><SP/><String HEIGHT="22" CONTENT="it" WIDTH="14" HPOS="1090" VPOS="1138" ID="st15-680"/><SP/><String HEIGHT="22" CONTENT="would" WIDTH="67" HPOS="1112" VPOS="1138" ID="st15-681"/><SP/><String HEIGHT="22" CONTENT="be" WIDTH="26" HPOS="1187" VPOS="1138" ID="st15-682"/><SP/><String HEIGHT="22" CONTENT="fatal" WIDTH="47" HPOS="1222" VPOS="1138" ID="st15-683"/><SP/><String HEIGHT="22" CONTENT="to" WIDTH="22" HPOS="1277" VPOS="1138" ID="st15-684"/><SP/><String HEIGHT="22" CONTENT="put" WIDTH="36" HPOS="1308" VPOS="1138" ID="st15-685"/><SP/><String HEIGHT="22" CONTENT="the" WIDTH="35" HPOS="1352" VPOS="1138" ID="st15-686"/><SP/><String HEIGHT="22" CONTENT="fox" WIDTH="33" HPOS="1395" VPOS="1138" ID="st15-687"/><SP/><String HEIGHT="22" CONTENT="in" WIDTH="19" HPOS="1437" VPOS="1138" ID="st15-688"/></TextLine><TextLine HPOS="858" VPOS="1174" ID="tl15-71" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="charge" WIDTH="72" HPOS="858" VPOS="1174" ID="st15-689"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="23" HPOS="935" VPOS="1174" ID="st15-690"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="963" VPOS="1174" ID="st15-691"/><SP/><String HEIGHT="23" CONTENT="henhouse" WIDTH="98" HPOS="1003" VPOS="1174" ID="st15-692"/><String HEIGHT="23" CONTENT="," WIDTH="13" HPOS="1101" VPOS="1174" ID="st15-693"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1120" VPOS="1174" ID="st15-694"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1189" VPOS="1174" ID="st15-695"/><SP/><String HEIGHT="23" CONTENT="what" WIDTH="54" HPOS="1210" VPOS="1174" ID="st15-696"/><SP/><String HEIGHT="23" CONTENT="Toralf" WIDTH="59" HPOS="1269" VPOS="1174" ID="st15-697"/><SP/><String HEIGHT="23" CONTENT="Pusch" WIDTH="53" HPOS="1333" VPOS="1174" ID="st15-698"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="1386" VPOS="1174" ID="st15-699"/><String HEIGHT="23" CONTENT="s" WIDTH="11" HPOS="1397" VPOS="1174" ID="st15-700"/><SP/><String HEIGHT="23" CONTENT="pre" WIDTH="32" HPOS="1414" VPOS="1174" ID="st15-701" SUBS_TYPE="HypPart1" SUBS_CONTENT="preferred"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1174" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1210" ID="tl15-72" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="ferred" WIDTH="63" HPOS="858" VPOS="1210" ID="st15-702" SUBS_TYPE="HypPart2" SUBS_CONTENT="preferred"/><SP/><String HEIGHT="23" CONTENT="macroeconomic" WIDTH="169" HPOS="926" VPOS="1210" ID="st15-703"/><SP/><String HEIGHT="23" CONTENT="scoreboard" WIDTH="117" HPOS="1100" VPOS="1210" ID="st15-704"/><SP/><String HEIGHT="23" CONTENT="would" WIDTH="67" HPOS="1222" VPOS="1210" ID="st15-705"/><SP/><String HEIGHT="23" CONTENT="achieve" WIDTH="75" HPOS="1294" VPOS="1210" ID="st15-706"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1369" VPOS="1210" ID="st15-707"/><SP/><String HEIGHT="23" CONTENT="Within" WIDTH="71" HPOS="1385" VPOS="1210" ID="st15-708"/></TextLine><TextLine HPOS="858" VPOS="1246" ID="tl15-73" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="858" VPOS="1246" ID="st15-709"/><SP/><String HEIGHT="23" CONTENT="framework" WIDTH="116" HPOS="898" VPOS="1246" ID="st15-710"/><SP/><String HEIGHT="23" CONTENT="of" WIDTH="22" HPOS="1019" VPOS="1246" ID="st15-711"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="1046" VPOS="1246" ID="st15-712"/><SP/><String HEIGHT="23" CONTENT="governance" WIDTH="123" HPOS="1154" VPOS="1246" ID="st15-713"/><SP/><String HEIGHT="23" CONTENT="reform" WIDTH="66" HPOS="1283" VPOS="1246" ID="st15-714"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1349" VPOS="1246" ID="st15-715"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1366" VPOS="1246" ID="st15-716"/><SP/><String HEIGHT="23" CONTENT="crisis" WIDTH="50" HPOS="1406" VPOS="1246" ID="st15-717"/></TextLine><TextLine HPOS="858" VPOS="1282" ID="tl15-74" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="858" VPOS="1282" ID="st15-718"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="880" VPOS="1282" ID="st15-719"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="27" HPOS="908" VPOS="1282" ID="st15-720"/><SP/><String HEIGHT="23" CONTENT="used" WIDTH="50" HPOS="941" VPOS="1282" ID="st15-721"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="998" VPOS="1282" ID="st15-722"/><SP/><String HEIGHT="23" CONTENT="annul" WIDTH="59" HPOS="1027" VPOS="1282" ID="st15-723"/><SP/><String HEIGHT="23" CONTENT="free" WIDTH="41" HPOS="1093" VPOS="1282" ID="st15-724"/><SP/><String HEIGHT="23" CONTENT="collective" WIDTH="97" HPOS="1141" VPOS="1282" ID="st15-725"/><SP/><String HEIGHT="23" CONTENT="bargaining" WIDTH="110" HPOS="1244" VPOS="1282" ID="st15-726"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1354" VPOS="1282" ID="st15-727"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1372" VPOS="1282" ID="st15-728"/><SP/><String HEIGHT="23" CONTENT="aim" WIDTH="39" HPOS="1417" VPOS="1282" ID="st15-729"/></TextLine><TextLine HPOS="858" VPOS="1318" ID="tl15-75" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="858" VPOS="1318" ID="st15-730"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="882" VPOS="1318" ID="st15-731"/><SP/><String HEIGHT="23" CONTENT="restore" WIDTH="73" HPOS="912" VPOS="1318" ID="st15-732"/><SP/><String HEIGHT="23" CONTENT="balance" WIDTH="82" HPOS="993" VPOS="1318" ID="st15-733"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1084" VPOS="1318" ID="st15-734"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1133" VPOS="1318" ID="st15-735"/><SP/><String HEIGHT="23" CONTENT="accordance" WIDTH="120" HPOS="1161" VPOS="1318" ID="st15-736"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="48" HPOS="1289" VPOS="1318" ID="st15-737"/><SP/><String HEIGHT="23" CONTENT="Germany" WIDTH="86" HPOS="1345" VPOS="1318" ID="st15-738"/><String HEIGHT="23" CONTENT="’" WIDTH="12" HPOS="1431" VPOS="1318" ID="st15-739"/><String HEIGHT="23" CONTENT="s" WIDTH="13" HPOS="1443" VPOS="1318" ID="st15-740"/></TextLine><TextLine HPOS="858" VPOS="1354" ID="tl15-76" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="supposedly" WIDTH="118" HPOS="858" VPOS="1354" ID="st15-741"/><SP/><String HEIGHT="23" CONTENT="successful" WIDTH="106" HPOS="982" VPOS="1354" ID="st15-742"/><SP/><String HEIGHT="23" CONTENT="model" WIDTH="60" HPOS="1095" VPOS="1354" ID="st15-743"/><String HEIGHT="23" CONTENT=":" WIDTH="13" HPOS="1155" VPOS="1354" ID="st15-744"/><SP/><String HEIGHT="23" CONTENT="real" WIDTH="38" HPOS="1175" VPOS="1354" ID="st15-745"/><SP/><String HEIGHT="23" CONTENT="wage" WIDTH="58" HPOS="1220" VPOS="1354" ID="st15-746"/><SP/><String HEIGHT="23" CONTENT="cuts" WIDTH="40" HPOS="1285" VPOS="1354" ID="st15-747"/><String HEIGHT="23" CONTENT="," WIDTH="10" HPOS="1325" VPOS="1354" ID="st15-748"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1342" VPOS="1354" ID="st15-749"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="1368" VPOS="1354" ID="st15-750"/><SP/><String HEIGHT="23" CONTENT="end" WIDTH="35" HPOS="1409" VPOS="1354" ID="st15-751"/><String HEIGHT="23" CONTENT="," WIDTH="12" HPOS="1444" VPOS="1354" ID="st15-752"/></TextLine><TextLine HPOS="858" VPOS="1390" ID="tl15-77" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="are" WIDTH="33" HPOS="858" VPOS="1390" ID="st15-753"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="901" VPOS="1390" ID="st15-754"/><SP/><String HEIGHT="23" CONTENT="lead" WIDTH="44" HPOS="934" VPOS="1390" ID="st15-755"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="988" VPOS="1390" ID="st15-756"/><SP/><String HEIGHT="23" CONTENT="even" WIDTH="50" HPOS="1021" VPOS="1390" ID="st15-757"/><SP/><String HEIGHT="23" CONTENT="better" WIDTH="64" HPOS="1081" VPOS="1390" ID="st15-758"/><SP/><String HEIGHT="23" CONTENT="corporate" WIDTH="103" HPOS="1155" VPOS="1390" ID="st15-759"/><SP/><String HEIGHT="23" CONTENT="profits" WIDTH="68" HPOS="1268" VPOS="1390" ID="st15-760"/><SP/><String HEIGHT="23" CONTENT="across" WIDTH="65" HPOS="1346" VPOS="1390" ID="st15-761"/><SP/><String HEIGHT="23" CONTENT="Eu" WIDTH="23" HPOS="1422" VPOS="1390" ID="st15-762" SUBS_TYPE="HypPart1" SUBS_CONTENT="Europe"/><HYP CONTENT="-" WIDTH="11" HPOS="1445" VPOS="1390" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1426" ID="tl15-78" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="rope" WIDTH="44" HPOS="858" VPOS="1426" ID="st15-763" SUBS_TYPE="HypPart2" SUBS_CONTENT="Europe"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="902" VPOS="1426" ID="st15-764"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="922" VPOS="1426" ID="st15-765"/><SP/><String HEIGHT="23" CONTENT="European" WIDTH="101" HPOS="970" VPOS="1426" ID="st15-766"/><SP/><String HEIGHT="23" CONTENT="Trade" WIDTH="57" HPOS="1081" VPOS="1426" ID="st15-767"/><SP/><String HEIGHT="23" CONTENT="Union" WIDTH="64" HPOS="1147" VPOS="1426" ID="st15-768"/><SP/><String HEIGHT="23" CONTENT="Confederation" WIDTH="155" HPOS="1220" VPOS="1426" ID="st15-769"/><String HEIGHT="23" CONTENT="(" WIDTH="12" HPOS="1384" VPOS="1426" ID="st15-770"/><String HEIGHT="23" CONTENT="ETUC" WIDTH="48" HPOS="1396" VPOS="1426" ID="st15-771"/><String HEIGHT="23" CONTENT=")" WIDTH="12" HPOS="1444" VPOS="1426" ID="st15-772"/></TextLine><TextLine HPOS="858" VPOS="1463" ID="tl15-79" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="is" WIDTH="15" HPOS="858" VPOS="1463" ID="st15-773"/><SP/><String HEIGHT="22" CONTENT="resolutely" WIDTH="101" HPOS="884" VPOS="1463" ID="st15-774"/><SP/><String HEIGHT="22" CONTENT="resisting" WIDTH="87" HPOS="997" VPOS="1463" ID="st15-775"/><SP/><String HEIGHT="22" CONTENT="this" WIDTH="38" HPOS="1095" VPOS="1463" ID="st15-776"/><SP/><String HEIGHT="22" CONTENT="development" WIDTH="133" HPOS="1144" VPOS="1463" ID="st15-777"/><String HEIGHT="22" CONTENT="." WIDTH="13" HPOS="1277" VPOS="1463" ID="st15-778"/><SP/><String HEIGHT="22" CONTENT="The" WIDTH="39" HPOS="1301" VPOS="1463" ID="st15-779"/><SP/><String HEIGHT="22" CONTENT="campaign" WIDTH="105" HPOS="1351" VPOS="1463" ID="st15-780"/></TextLine><TextLine HPOS="858" VPOS="1499" ID="tl15-80" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="against" WIDTH="76" HPOS="858" VPOS="1499" ID="st15-781"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="34" HPOS="943" VPOS="1499" ID="st15-782"/><SP/><String HEIGHT="23" CONTENT="services" WIDTH="81" HPOS="986" VPOS="1499" ID="st15-783"/><SP/><String HEIGHT="23" CONTENT="directive" WIDTH="88" HPOS="1075" VPOS="1499" ID="st15-784"/><SP/><String HEIGHT="23" CONTENT="was" WIDTH="42" HPOS="1172" VPOS="1499" ID="st15-785"/><SP/><String HEIGHT="23" CONTENT="an" WIDTH="27" HPOS="1222" VPOS="1499" ID="st15-786"/><SP/><String HEIGHT="23" CONTENT="ETUC" WIDTH="59" HPOS="1257" VPOS="1499" ID="st15-787"/><SP/><String HEIGHT="23" CONTENT="success" WIDTH="74" HPOS="1324" VPOS="1499" ID="st15-788"/><String HEIGHT="23" CONTENT="." WIDTH="11" HPOS="1398" VPOS="1499" ID="st15-789"/><SP/><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="1417" VPOS="1499" ID="st15-790"/></TextLine><TextLine HPOS="858" VPOS="1535" ID="tl15-81" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="most" WIDTH="53" HPOS="858" VPOS="1535" ID="st15-791"/><SP/><String HEIGHT="23" CONTENT="recent" WIDTH="67" HPOS="916" VPOS="1535" ID="st15-792"/><SP/><String HEIGHT="23" CONTENT="developments" WIDTH="149" HPOS="988" VPOS="1535" ID="st15-793"/><SP/><String HEIGHT="23" CONTENT="more" WIDTH="55" HPOS="1143" VPOS="1535" ID="st15-794"/><SP/><String HEIGHT="23" CONTENT="than" WIDTH="48" HPOS="1204" VPOS="1535" ID="st15-795"/><SP/><String HEIGHT="23" CONTENT="ever" WIDTH="45" HPOS="1258" VPOS="1535" ID="st15-796"/><SP/><String HEIGHT="23" CONTENT="call" WIDTH="35" HPOS="1308" VPOS="1535" ID="st15-797"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="30" HPOS="1349" VPOS="1535" ID="st15-798"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1385" VPOS="1535" ID="st15-799"/><SP/><String HEIGHT="23" CONTENT="cam" WIDTH="40" HPOS="1403" VPOS="1535" ID="st15-800" SUBS_TYPE="HypPart1" SUBS_CONTENT="campaign"/><HYP CONTENT="-" WIDTH="13" HPOS="1443" VPOS="1535" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1571" ID="tl15-82" WIDTH="599" HEIGHT="23"><String HEIGHT="23" CONTENT="paign" WIDTH="59" HPOS="858" VPOS="1571" ID="st15-801" SUBS_TYPE="HypPart2" SUBS_CONTENT="campaign"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="923" VPOS="1571" ID="st15-802"/><SP/><String HEIGHT="23" CONTENT="brings" WIDTH="65" HPOS="992" VPOS="1571" ID="st15-803"/><SP/><String HEIGHT="23" CONTENT="influence" WIDTH="97" HPOS="1062" VPOS="1571" ID="st15-804"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1165" VPOS="1571" ID="st15-805"/><SP/><String HEIGHT="23" CONTENT="bear" WIDTH="48" HPOS="1192" VPOS="1571" ID="st15-806"/><SP/><String HEIGHT="23" CONTENT="by" WIDTH="25" HPOS="1245" VPOS="1571" ID="st15-807"/><SP/><String HEIGHT="23" CONTENT="mobilising" WIDTH="108" HPOS="1275" VPOS="1571" ID="st15-808"/><SP/><String HEIGHT="23" CONTENT="critical" WIDTH="68" HPOS="1389" VPOS="1571" ID="st15-809"/></TextLine><TextLine HPOS="858" VPOS="1607" ID="tl15-83" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="public" WIDTH="63" HPOS="858" VPOS="1607" ID="st15-810"/><SP/><String HEIGHT="23" CONTENT="opinion" WIDTH="80" HPOS="927" VPOS="1607" ID="st15-811"/><SP/><String HEIGHT="23" CONTENT="and" WIDTH="40" HPOS="1012" VPOS="1607" ID="st15-812"/><SP/><String HEIGHT="23" CONTENT="based" WIDTH="63" HPOS="1057" VPOS="1607" ID="st15-813"/><SP/><String HEIGHT="23" CONTENT="on" WIDTH="28" HPOS="1125" VPOS="1607" ID="st15-814"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="12" HPOS="1158" VPOS="1607" ID="st15-815"/><SP/><String HEIGHT="23" CONTENT="genuine" WIDTH="85" HPOS="1176" VPOS="1607" ID="st15-816"/><SP/><String HEIGHT="23" CONTENT="public" WIDTH="63" HPOS="1267" VPOS="1607" ID="st15-817"/><SP/><String HEIGHT="23" CONTENT="movement" WIDTH="107" HPOS="1335" VPOS="1607" ID="st15-818"/><String HEIGHT="23" CONTENT="." WIDTH="14" HPOS="1442" VPOS="1607" ID="st15-819"/></TextLine><TextLine HPOS="858" VPOS="1643" ID="tl15-84" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="The" WIDTH="39" HPOS="858" VPOS="1643" ID="st15-820"/><SP/><String HEIGHT="23" CONTENT="question" WIDTH="87" HPOS="904" VPOS="1643" ID="st15-821"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="991" VPOS="1643" ID="st15-822"/><SP/><String HEIGHT="23" CONTENT="therefore" WIDTH="94" HPOS="1009" VPOS="1643" ID="st15-823"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1103" VPOS="1643" ID="st15-824"/><SP/><String HEIGHT="23" CONTENT="is" WIDTH="15" HPOS="1121" VPOS="1643" ID="st15-825"/><SP/><String HEIGHT="23" CONTENT="not" WIDTH="36" HPOS="1143" VPOS="1643" ID="st15-826"/><SP/><String HEIGHT="23" CONTENT="whether" WIDTH="89" HPOS="1186" VPOS="1643" ID="st15-827"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1281" VPOS="1643" ID="st15-828"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="1323" VPOS="1643" ID="st15-829"/><SP/><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="1385" VPOS="1643" ID="st15-830"/></TextLine><TextLine HPOS="858" VPOS="1679" ID="tl15-85" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="could" WIDTH="58" HPOS="858" VPOS="1679" ID="st15-831"/><SP/><String HEIGHT="23" CONTENT="contribute" WIDTH="110" HPOS="927" VPOS="1679" ID="st15-832"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="22" HPOS="1047" VPOS="1679" ID="st15-833"/><SP/><String HEIGHT="23" CONTENT="stability" WIDTH="76" HPOS="1080" VPOS="1679" ID="st15-834"/><String HEIGHT="23" CONTENT="," WIDTH="9" HPOS="1156" VPOS="1679" ID="st15-835"/><SP/><String HEIGHT="23" CONTENT="but" WIDTH="36" HPOS="1176" VPOS="1679" ID="st15-836"/><SP/><String HEIGHT="23" CONTENT="rather" WIDTH="64" HPOS="1223" VPOS="1679" ID="st15-837"/><SP/><String HEIGHT="23" CONTENT="how" WIDTH="48" HPOS="1297" VPOS="1679" ID="st15-838"/><SP/><String HEIGHT="23" CONTENT="the" WIDTH="35" HPOS="1355" VPOS="1679" ID="st15-839"/><SP/><String HEIGHT="23" CONTENT="trade" WIDTH="55" HPOS="1401" VPOS="1679" ID="st15-840"/></TextLine><TextLine HPOS="858" VPOS="1715" ID="tl15-86" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="unions" WIDTH="71" HPOS="858" VPOS="1715" ID="st15-841"/><SP/><String HEIGHT="23" CONTENT="will" WIDTH="36" HPOS="937" VPOS="1715" ID="st15-842"/><SP/><String HEIGHT="23" CONTENT="be" WIDTH="26" HPOS="982" VPOS="1715" ID="st15-843"/><SP/><String HEIGHT="23" CONTENT="able" WIDTH="40" HPOS="1017" VPOS="1715" ID="st15-844"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1057" VPOS="1715" ID="st15-845"/><SP/><String HEIGHT="23" CONTENT="together" WIDTH="92" HPOS="1077" VPOS="1715" ID="st15-846"/><SP/><String HEIGHT="23" CONTENT="with" WIDTH="47" HPOS="1177" VPOS="1715" ID="st15-847"/><SP/><String HEIGHT="23" CONTENT="a" WIDTH="13" HPOS="1233" VPOS="1715" ID="st15-848"/><SP/><String HEIGHT="23" CONTENT="government" WIDTH="130" HPOS="1254" VPOS="1715" ID="st15-849"/><SP/><String HEIGHT="23" CONTENT="which" WIDTH="64" HPOS="1392" VPOS="1715" ID="st15-850"/></TextLine><TextLine HPOS="858" VPOS="1751" ID="tl15-87" WIDTH="598" HEIGHT="23"><String HEIGHT="23" CONTENT="has" WIDTH="36" HPOS="858" VPOS="1751" ID="st15-851"/><SP/><String HEIGHT="23" CONTENT="people" WIDTH="65" HPOS="901" VPOS="1751" ID="st15-852"/><String HEIGHT="23" CONTENT="’" WIDTH="11" HPOS="966" VPOS="1751" ID="st15-853"/><String HEIGHT="23" CONTENT="s" WIDTH="11" HPOS="977" VPOS="1751" ID="st15-854"/><SP/><String HEIGHT="23" CONTENT="interests" WIDTH="88" HPOS="995" VPOS="1751" ID="st15-855"/><SP/><String HEIGHT="23" CONTENT="at" WIDTH="21" HPOS="1091" VPOS="1751" ID="st15-856"/><SP/><String HEIGHT="23" CONTENT="heart" WIDTH="52" HPOS="1119" VPOS="1751" ID="st15-857"/><String HEIGHT="23" CONTENT="," WIDTH="11" HPOS="1171" VPOS="1751" ID="st15-858"/><SP/><String HEIGHT="23" CONTENT="to" WIDTH="23" HPOS="1189" VPOS="1751" ID="st15-859"/><SP/><String HEIGHT="23" CONTENT="bring" WIDTH="56" HPOS="1219" VPOS="1751" ID="st15-860"/><SP/><String HEIGHT="23" CONTENT="economic" WIDTH="103" HPOS="1282" VPOS="1751" ID="st15-861"/><SP/><String HEIGHT="23" CONTENT="devel" WIDTH="54" HPOS="1392" VPOS="1751" ID="st15-862" SUBS_TYPE="HypPart1" SUBS_CONTENT="developments"/><HYP CONTENT="-" WIDTH="10" HPOS="1446" VPOS="1751" HEIGHT="23"/></TextLine><TextLine HPOS="858" VPOS="1788" ID="tl15-88" WIDTH="598" HEIGHT="22"><String HEIGHT="22" CONTENT="opments" WIDTH="93" HPOS="858" VPOS="1788" ID="st15-863" SUBS_TYPE="HypPart2" SUBS_CONTENT="developments"/><SP/><String HEIGHT="22" CONTENT="into" WIDTH="42" HPOS="959" VPOS="1788" ID="st15-864"/><SP/><String HEIGHT="22" CONTENT="balance" WIDTH="82" HPOS="1009" VPOS="1788" ID="st15-865"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="40" HPOS="1099" VPOS="1788" ID="st15-866"/><SP/><String HEIGHT="22" CONTENT="improve" WIDTH="85" HPOS="1148" VPOS="1788" ID="st15-867"/><SP/><String HEIGHT="22" CONTENT="living" WIDTH="55" HPOS="1242" VPOS="1788" ID="st15-868"/><SP/><String HEIGHT="22" CONTENT="standards" WIDTH="103" HPOS="1305" VPOS="1788" ID="st15-869"/><SP/><String HEIGHT="22" CONTENT="and" WIDTH="40" HPOS="1416" VPOS="1788" ID="st15-870"/></TextLine><TextLine HPOS="858" VPOS="1824" ID="tl15-89" WIDTH="428" HEIGHT="23"><String HEIGHT="23" CONTENT="future" WIDTH="65" HPOS="858" VPOS="1824" ID="st15-871"/><SP/><String HEIGHT="23" CONTENT="prospects" WIDTH="100" HPOS="930" VPOS="1824" ID="st15-872"/><SP/><String HEIGHT="23" CONTENT="for" WIDTH="31" HPOS="1037" VPOS="1824" ID="st15-873"/><SP/><String HEIGHT="23" CONTENT="everyone" WIDTH="96" HPOS="1075" VPOS="1824" ID="st15-874"/><SP/><String HEIGHT="23" CONTENT="in" WIDTH="19" HPOS="1178" VPOS="1824" ID="st15-875"/><SP/><String HEIGHT="23" CONTENT="Europe" WIDTH="70" HPOS="1204" VPOS="1824" ID="st15-876"/><String HEIGHT="23" CONTENT="." WIDTH="12" HPOS="1274" VPOS="1824" ID="st15-877"/></TextLine><TextLine HPOS="810" VPOS="2254" ID="tl15-90" WIDTH="32" HEIGHT="27"><String HEIGHT="27" CONTENT="15" WIDTH="32" HPOS="810" VPOS="2254" ID="st15-878"/></TextLine></TextBlock></PrintSpace></Page><Page WIDTH="1653" PHYSICAL_IMG_NR="16" ID="p749098" HEIGHT="2338"><PrintSpace WIDTH="1653" HPOS="0" VPOS="0" ID="ps749098" HEIGHT="2338"><TextBlock WIDTH="1653" HPOS="0" VPOS="0" ID="tb749098" HEIGHT="2338"><TextLine HPOS="196" VPOS="218" ID="tl16-0" WIDTH="193" HEIGHT="21"><String HEIGHT="21" CONTENT="About" WIDTH="66" HPOS="196" VPOS="218" ID="st16-0"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="35" HPOS="268" VPOS="218" ID="st16-1"/><SP/><String HEIGHT="21" CONTENT="authors" WIDTH="80" HPOS="309" VPOS="218" ID="st16-2"/></TextLine><TextLine HPOS="196" VPOS="271" ID="tl16-1" WIDTH="98" HEIGHT="21"><String HEIGHT="21" CONTENT="Uwe" WIDTH="49" HPOS="196" VPOS="271" ID="st16-3"/><SP/><String HEIGHT="21" CONTENT="Fink" WIDTH="43" HPOS="251" VPOS="271" ID="st16-4"/></TextLine><TextLine HPOS="300" VPOS="271" ID="tl16-2" WIDTH="483" HEIGHT="21"><String HEIGHT="21" CONTENT="is" WIDTH="14" HPOS="300" VPOS="271" ID="st16-5"/><SP/><String HEIGHT="21" CONTENT="a" WIDTH="11" HPOS="320" VPOS="271" ID="st16-6"/><SP/><String HEIGHT="21" CONTENT="trade" WIDTH="50" HPOS="337" VPOS="271" ID="st16-7"/><SP/><String HEIGHT="21" CONTENT="union" WIDTH="54" HPOS="393" VPOS="271" ID="st16-8"/><SP/><String HEIGHT="21" CONTENT="secretary" WIDTH="84" HPOS="453" VPOS="271" ID="st16-9"/><SP/><String HEIGHT="21" CONTENT="concerned" WIDTH="99" HPOS="543" VPOS="271" ID="st16-10"/><SP/><String HEIGHT="21" CONTENT="with" WIDTH="42" HPOS="648" VPOS="271" ID="st16-11"/><SP/><String HEIGHT="21" CONTENT="collective" WIDTH="87" HPOS="696" VPOS="271" ID="st16-12"/></TextLine><TextLine HPOS="196" VPOS="298" ID="tl16-3" WIDTH="449" HEIGHT="20"><String HEIGHT="20" CONTENT="bargaining" WIDTH="102" HPOS="196" VPOS="298" ID="st16-13"/><SP/><String HEIGHT="20" CONTENT="policy" WIDTH="54" HPOS="304" VPOS="298" ID="st16-14"/><SP/><String HEIGHT="20" CONTENT="on" WIDTH="25" HPOS="364" VPOS="298" ID="st16-15"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="31" HPOS="395" VPOS="298" ID="st16-16"/><SP/><String HEIGHT="20" CONTENT="executive" WIDTH="88" HPOS="432" VPOS="298" ID="st16-17"/><SP/><String HEIGHT="20" CONTENT="of" WIDTH="20" HPOS="526" VPOS="298" ID="st16-18"/><SP/><String HEIGHT="20" CONTENT="IG" WIDTH="21" HPOS="552" VPOS="298" ID="st16-19"/><SP/><String HEIGHT="20" CONTENT="Metall" WIDTH="56" HPOS="579" VPOS="298" ID="st16-20"/><String HEIGHT="20" CONTENT="." WIDTH="10" HPOS="635" VPOS="298" ID="st16-21"/></TextLine><TextLine HPOS="196" VPOS="351" ID="tl16-4" WIDTH="97" HEIGHT="21"><String HEIGHT="21" CONTENT="Ralf" WIDTH="41" HPOS="196" VPOS="351" ID="st16-22"/><SP/><String HEIGHT="21" CONTENT="Götz" WIDTH="50" HPOS="243" VPOS="351" ID="st16-23"/></TextLine><TextLine HPOS="299" VPOS="351" ID="tl16-5" WIDTH="402" HEIGHT="21"><String HEIGHT="21" CONTENT="is" WIDTH="13" HPOS="299" VPOS="351" ID="st16-24"/><SP/><String HEIGHT="21" CONTENT="political" WIDTH="72" HPOS="319" VPOS="351" ID="st16-25"/><SP/><String HEIGHT="21" CONTENT="secretary" WIDTH="83" HPOS="398" VPOS="351" ID="st16-26"/><SP/><String HEIGHT="21" CONTENT="of" WIDTH="20" HPOS="487" VPOS="351" ID="st16-27"/><SP/><String HEIGHT="21" CONTENT="the" WIDTH="31" HPOS="513" VPOS="351" ID="st16-28"/><SP/><String HEIGHT="21" CONTENT="EMF" WIDTH="41" HPOS="550" VPOS="351" ID="st16-29"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="17" HPOS="597" VPOS="351" ID="st16-30"/><SP/><String HEIGHT="21" CONTENT="Brussels" WIDTH="71" HPOS="621" VPOS="351" ID="st16-31"/><String HEIGHT="21" CONTENT="." WIDTH="9" HPOS="692" VPOS="351" ID="st16-32"/></TextLine><TextLine HPOS="196" VPOS="405" ID="tl16-6" WIDTH="83" HEIGHT="21"><String HEIGHT="21" CONTENT="Kay" WIDTH="40" HPOS="196" VPOS="405" ID="st16-33"/><SP/><String HEIGHT="21" CONTENT="Ohl" WIDTH="37" HPOS="242" VPOS="405" ID="st16-34"/></TextLine><TextLine HPOS="285" VPOS="405" ID="tl16-7" WIDTH="489" HEIGHT="20"><String HEIGHT="20" CONTENT="is" WIDTH="14" HPOS="285" VPOS="405" ID="st16-35"/><SP/><String HEIGHT="20" CONTENT="head" WIDTH="47" HPOS="305" VPOS="405" ID="st16-36"/><SP/><String HEIGHT="20" CONTENT="of" WIDTH="20" HPOS="358" VPOS="405" ID="st16-37"/><SP/><String HEIGHT="20" CONTENT="collective" WIDTH="86" HPOS="384" VPOS="405" ID="st16-38"/><SP/><String HEIGHT="20" CONTENT="bargaining" WIDTH="101" HPOS="477" VPOS="405" ID="st16-39"/><SP/><String HEIGHT="20" CONTENT="policy" WIDTH="54" HPOS="584" VPOS="405" ID="st16-40"/><SP/><String HEIGHT="20" CONTENT="on" WIDTH="24" HPOS="645" VPOS="405" ID="st16-41"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="31" HPOS="675" VPOS="405" ID="st16-42"/><SP/><String HEIGHT="20" CONTENT="execu" WIDTH="51" HPOS="713" VPOS="405" ID="st16-43" SUBS_TYPE="HypPart1" SUBS_CONTENT="executive"/><HYP CONTENT="-" WIDTH="10" HPOS="764" VPOS="405" HEIGHT="20"/></TextLine><TextLine HPOS="196" VPOS="431" ID="tl16-8" WIDTH="158" HEIGHT="21"><String HEIGHT="21" CONTENT="tive" WIDTH="34" HPOS="196" VPOS="431" ID="st16-44" SUBS_TYPE="HypPart2" SUBS_CONTENT="executive"/><SP/><String HEIGHT="21" CONTENT="of" WIDTH="20" HPOS="236" VPOS="431" ID="st16-45"/><SP/><String HEIGHT="21" CONTENT="IG" WIDTH="21" HPOS="262" VPOS="431" ID="st16-46"/><SP/><String HEIGHT="21" CONTENT="Metall" WIDTH="55" HPOS="289" VPOS="431" ID="st16-47"/><String HEIGHT="21" CONTENT="." WIDTH="10" HPOS="344" VPOS="431" ID="st16-48"/></TextLine><TextLine HPOS="196" VPOS="485" ID="tl16-9" WIDTH="156" HEIGHT="21"><String HEIGHT="21" CONTENT="Dr" WIDTH="25" HPOS="196" VPOS="485" ID="st16-49"/><SP/><String HEIGHT="21" CONTENT="Toralf" WIDTH="60" HPOS="227" VPOS="485" ID="st16-50"/><SP/><String HEIGHT="21" CONTENT="Pusch" WIDTH="59" HPOS="293" VPOS="485" ID="st16-51"/></TextLine><TextLine HPOS="358" VPOS="485" ID="tl16-10" WIDTH="428" HEIGHT="20"><String HEIGHT="20" CONTENT="is" WIDTH="14" HPOS="358" VPOS="485" ID="st16-52"/><SP/><String HEIGHT="20" CONTENT="a" WIDTH="11" HPOS="378" VPOS="485" ID="st16-53"/><SP/><String HEIGHT="20" CONTENT="research" WIDTH="78" HPOS="395" VPOS="485" ID="st16-54"/><SP/><String HEIGHT="20" CONTENT="associate" WIDTH="85" HPOS="480" VPOS="485" ID="st16-55"/><SP/><String HEIGHT="20" CONTENT="at" WIDTH="18" HPOS="571" VPOS="485" ID="st16-56"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="30" HPOS="596" VPOS="485" ID="st16-57"/><SP/><String HEIGHT="20" CONTENT="Institut" WIDTH="65" HPOS="633" VPOS="485" ID="st16-58"/><SP/><String HEIGHT="20" CONTENT="für" WIDTH="27" HPOS="704" VPOS="485" ID="st16-59"/><SP/><String HEIGHT="20" CONTENT="Wirt" WIDTH="39" HPOS="738" VPOS="485" ID="st16-60" SUBS_TYPE="HypPart1" SUBS_CONTENT="Wirtschaftsforschung"/><HYP CONTENT="-" WIDTH="9" HPOS="777" VPOS="485" HEIGHT="20"/></TextLine><TextLine HPOS="196" VPOS="511" ID="tl16-11" WIDTH="220" HEIGHT="21"><String HEIGHT="21" CONTENT="schaftsforschung" WIDTH="161" HPOS="196" VPOS="511" ID="st16-61" SUBS_TYPE="HypPart2" SUBS_CONTENT="Wirtschaftsforschung"/><SP/><String HEIGHT="21" CONTENT="Halle" WIDTH="44" HPOS="363" VPOS="511" ID="st16-62"/><String HEIGHT="21" CONTENT="." WIDTH="9" HPOS="407" VPOS="511" ID="st16-63"/></TextLine><TextLine HPOS="196" VPOS="565" ID="tl16-12" WIDTH="198" HEIGHT="21"><String HEIGHT="21" CONTENT="Dr" WIDTH="25" HPOS="196" VPOS="565" ID="st16-64"/><SP/><String HEIGHT="21" CONTENT="Gabriele" WIDTH="88" HPOS="227" VPOS="565" ID="st16-65"/><SP/><String HEIGHT="21" CONTENT="Sterkel" WIDTH="73" HPOS="321" VPOS="565" ID="st16-66"/></TextLine><TextLine HPOS="400" VPOS="565" ID="tl16-13" WIDTH="390" HEIGHT="20"><String HEIGHT="20" CONTENT="is" WIDTH="14" HPOS="400" VPOS="565" ID="st16-67"/><SP/><String HEIGHT="20" CONTENT="a" WIDTH="11" HPOS="420" VPOS="565" ID="st16-68"/><SP/><String HEIGHT="20" CONTENT="trade" WIDTH="50" HPOS="437" VPOS="565" ID="st16-69"/><SP/><String HEIGHT="20" CONTENT="union" WIDTH="54" HPOS="493" VPOS="565" ID="st16-70"/><SP/><String HEIGHT="20" CONTENT="secretary" WIDTH="84" HPOS="553" VPOS="565" ID="st16-71"/><SP/><String HEIGHT="20" CONTENT="in" WIDTH="17" HPOS="643" VPOS="565" ID="st16-72"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="31" HPOS="666" VPOS="565" ID="st16-73"/><SP/><String HEIGHT="20" CONTENT="collective" WIDTH="87" HPOS="703" VPOS="565" ID="st16-74"/></TextLine><TextLine HPOS="196" VPOS="591" ID="tl16-14" WIDTH="307" HEIGHT="21"><String HEIGHT="21" CONTENT="bargaining" WIDTH="102" HPOS="196" VPOS="591" ID="st16-75"/><SP/><String HEIGHT="21" CONTENT="department" WIDTH="111" HPOS="304" VPOS="591" ID="st16-76"/><SP/><String HEIGHT="21" CONTENT="of" WIDTH="20" HPOS="421" VPOS="591" ID="st16-77"/><SP/><String HEIGHT="21" CONTENT="ver" WIDTH="24" HPOS="447" VPOS="591" ID="st16-78"/><String HEIGHT="21" CONTENT="." WIDTH="8" HPOS="471" VPOS="591" ID="st16-79"/><String HEIGHT="21" CONTENT="di" WIDTH="16" HPOS="479" VPOS="591" ID="st16-80"/><String HEIGHT="21" CONTENT="." WIDTH="8" HPOS="495" VPOS="591" ID="st16-81"/></TextLine><TextLine HPOS="858" VPOS="218" ID="tl16-15" WIDTH="76" HEIGHT="21"><String HEIGHT="21" CONTENT="Imprint" WIDTH="76" HPOS="858" VPOS="218" ID="st16-82"/></TextLine><TextLine HPOS="858" VPOS="271" ID="tl16-16" WIDTH="219" HEIGHT="21"><String HEIGHT="21" CONTENT="Friedrich" WIDTH="82" HPOS="858" VPOS="271" ID="st16-83"/><String HEIGHT="21" CONTENT="-" WIDTH="9" HPOS="940" VPOS="271" ID="st16-84"/><String HEIGHT="21" CONTENT="Ebert" WIDTH="45" HPOS="949" VPOS="271" ID="st16-85"/><String HEIGHT="21" CONTENT="-" WIDTH="10" HPOS="994" VPOS="271" ID="st16-86"/><String HEIGHT="21" CONTENT="Stiftung" WIDTH="73" HPOS="1004" VPOS="271" ID="st16-87"/></TextLine><TextLine HPOS="858" VPOS="298" ID="tl16-17" WIDTH="261" HEIGHT="20"><String HEIGHT="20" CONTENT="International" WIDTH="120" HPOS="858" VPOS="298" ID="st16-88"/><SP/><String HEIGHT="20" CONTENT="Policy" WIDTH="53" HPOS="984" VPOS="298" ID="st16-89"/><SP/><String HEIGHT="20" CONTENT="Analysis" WIDTH="76" HPOS="1043" VPOS="298" ID="st16-90"/></TextLine><TextLine HPOS="858" VPOS="325" ID="tl16-18" WIDTH="425" HEIGHT="20"><String HEIGHT="20" CONTENT="Hiroshimastraße" WIDTH="152" HPOS="858" VPOS="325" ID="st16-91"/><SP/><String HEIGHT="20" CONTENT="28" WIDTH="24" HPOS="1017" VPOS="325" ID="st16-92"/><String HEIGHT="20" CONTENT="|" WIDTH="4" HPOS="1048" VPOS="325" ID="st16-93"/><SP/><String HEIGHT="20" CONTENT="10785" WIDTH="61" HPOS="1059" VPOS="325" ID="st16-94"/><SP/><String HEIGHT="20" CONTENT="Berlin" WIDTH="53" HPOS="1127" VPOS="325" ID="st16-95"/><String HEIGHT="20" CONTENT="|" WIDTH="5" HPOS="1186" VPOS="325" ID="st16-96"/><SP/><String HEIGHT="20" CONTENT="Germany" WIDTH="86" HPOS="1197" VPOS="325" ID="st16-97"/></TextLine><TextLine HPOS="858" VPOS="378" ID="tl16-19" WIDTH="117" HEIGHT="20"><String HEIGHT="20" CONTENT="Responsible" WIDTH="107" HPOS="858" VPOS="378" ID="st16-98"/><String HEIGHT="20" CONTENT=":" WIDTH="10" HPOS="965" VPOS="378" ID="st16-99"/></TextLine><TextLine HPOS="858" VPOS="405" ID="tl16-20" WIDTH="474" HEIGHT="20"><String HEIGHT="20" CONTENT="Dr" WIDTH="17" HPOS="858" VPOS="405" ID="st16-100"/><String HEIGHT="20" CONTENT="." WIDTH="9" HPOS="875" VPOS="405" ID="st16-101"/><SP/><String HEIGHT="20" CONTENT="Gero" WIDTH="47" HPOS="890" VPOS="405" ID="st16-102"/><SP/><String HEIGHT="20" CONTENT="Maaß" WIDTH="48" HPOS="943" VPOS="405" ID="st16-103"/><String HEIGHT="20" CONTENT="," WIDTH="13" HPOS="991" VPOS="405" ID="st16-104"/><SP/><String HEIGHT="20" CONTENT="Head" WIDTH="44" HPOS="1010" VPOS="405" ID="st16-105"/><String HEIGHT="20" CONTENT="," WIDTH="11" HPOS="1054" VPOS="405" ID="st16-106"/><SP/><String HEIGHT="20" CONTENT="International" WIDTH="121" HPOS="1071" VPOS="405" ID="st16-107"/><SP/><String HEIGHT="20" CONTENT="Policy" WIDTH="53" HPOS="1198" VPOS="405" ID="st16-108"/><SP/><String HEIGHT="20" CONTENT="Analysis" WIDTH="75" HPOS="1257" VPOS="405" ID="st16-109"/></TextLine><TextLine HPOS="858" VPOS="458" ID="tl16-21" WIDTH="537" HEIGHT="20"><String HEIGHT="20" CONTENT="Tel" WIDTH="22" HPOS="858" VPOS="458" ID="st16-110"/><String HEIGHT="20" CONTENT="." WIDTH="7" HPOS="880" VPOS="458" ID="st16-111"/><String HEIGHT="20" CONTENT=":" WIDTH="8" HPOS="887" VPOS="458" ID="st16-112"/><String HEIGHT="20" CONTENT="+" WIDTH="11" HPOS="901" VPOS="458" ID="st16-113"/><String HEIGHT="20" CONTENT="+" WIDTH="11" HPOS="912" VPOS="458" ID="st16-114"/><String HEIGHT="20" CONTENT="49" WIDTH="23" HPOS="923" VPOS="458" ID="st16-115"/><String HEIGHT="20" CONTENT="-" WIDTH="12" HPOS="946" VPOS="458" ID="st16-116"/><String HEIGHT="20" CONTENT="30" WIDTH="22" HPOS="958" VPOS="458" ID="st16-117"/><String HEIGHT="20" CONTENT="-" WIDTH="12" HPOS="980" VPOS="458" ID="st16-118"/><String HEIGHT="20" CONTENT="269" WIDTH="34" HPOS="992" VPOS="458" ID="st16-119"/><String HEIGHT="20" CONTENT="-" WIDTH="12" HPOS="1026" VPOS="458" ID="st16-120"/><String HEIGHT="20" CONTENT="35" WIDTH="22" HPOS="1038" VPOS="458" ID="st16-121"/><String HEIGHT="20" CONTENT="-" WIDTH="12" HPOS="1060" VPOS="458" ID="st16-122"/><String HEIGHT="20" CONTENT="7745" WIDTH="46" HPOS="1072" VPOS="458" ID="st16-123"/><String HEIGHT="20" CONTENT="|" WIDTH="5" HPOS="1124" VPOS="458" ID="st16-124"/><SP/><String HEIGHT="20" CONTENT="Fax" WIDTH="27" HPOS="1135" VPOS="458" ID="st16-125"/><String HEIGHT="20" CONTENT=":" WIDTH="10" HPOS="1162" VPOS="458" ID="st16-126"/><String HEIGHT="20" CONTENT="+" WIDTH="11" HPOS="1178" VPOS="458" ID="st16-127"/><String HEIGHT="20" CONTENT="+" WIDTH="11" HPOS="1189" VPOS="458" ID="st16-128"/><String HEIGHT="20" CONTENT="49" WIDTH="23" HPOS="1200" VPOS="458" ID="st16-129"/><String HEIGHT="20" CONTENT="-" WIDTH="12" HPOS="1223" VPOS="458" ID="st16-130"/><String HEIGHT="20" CONTENT="30" WIDTH="22" HPOS="1235" VPOS="458" ID="st16-131"/><String HEIGHT="20" CONTENT="-" WIDTH="12" HPOS="1257" VPOS="458" ID="st16-132"/><String HEIGHT="20" CONTENT="269" WIDTH="34" HPOS="1269" VPOS="458" ID="st16-133"/><String HEIGHT="20" CONTENT="-" WIDTH="12" HPOS="1303" VPOS="458" ID="st16-134"/><String HEIGHT="20" CONTENT="35" WIDTH="22" HPOS="1315" VPOS="458" ID="st16-135"/><String HEIGHT="20" CONTENT="-" WIDTH="12" HPOS="1337" VPOS="458" ID="st16-136"/><String HEIGHT="20" CONTENT="9248" WIDTH="46" HPOS="1349" VPOS="458" ID="st16-137"/></TextLine><TextLine HPOS="858" VPOS="485" ID="tl16-22" WIDTH="148" HEIGHT="20"><String HEIGHT="20" CONTENT="www" WIDTH="31" HPOS="858" VPOS="485" ID="st16-138"/><String HEIGHT="20" CONTENT="." WIDTH="11" HPOS="889" VPOS="485" ID="st16-139"/><String HEIGHT="20" CONTENT="fes" WIDTH="32" HPOS="900" VPOS="485" ID="st16-140"/><String HEIGHT="20" CONTENT="." WIDTH="10" HPOS="932" VPOS="485" ID="st16-141"/><String HEIGHT="20" CONTENT="de/ipa" WIDTH="64" HPOS="942" VPOS="485" ID="st16-142"/></TextLine><TextLine HPOS="858" VPOS="538" ID="tl16-23" WIDTH="202" HEIGHT="20"><String HEIGHT="20" CONTENT="To" WIDTH="21" HPOS="858" VPOS="538" ID="st16-143"/><SP/><String HEIGHT="20" CONTENT="order" WIDTH="50" HPOS="885" VPOS="538" ID="st16-144"/><SP/><String HEIGHT="20" CONTENT="publications" WIDTH="110" HPOS="941" VPOS="538" ID="st16-145"/><String HEIGHT="20" CONTENT=":" WIDTH="9" HPOS="1051" VPOS="538" ID="st16-146"/></TextLine><TextLine HPOS="858" VPOS="565" ID="tl16-24" WIDTH="146" HEIGHT="20"><String HEIGHT="20" CONTENT="info" WIDTH="38" HPOS="858" VPOS="565" ID="st16-147"/><String HEIGHT="20" CONTENT="." WIDTH="10" HPOS="896" VPOS="565" ID="st16-148"/><String HEIGHT="20" CONTENT="ipa" WIDTH="29" HPOS="906" VPOS="565" ID="st16-149"/><String HEIGHT="20" CONTENT="@" WIDTH="10" HPOS="935" VPOS="565" ID="st16-150"/><String HEIGHT="20" CONTENT="fes" WIDTH="29" HPOS="945" VPOS="565" ID="st16-151"/><String HEIGHT="20" CONTENT="." WIDTH="10" HPOS="974" VPOS="565" ID="st16-152"/><String HEIGHT="20" CONTENT="de" WIDTH="20" HPOS="984" VPOS="565" ID="st16-153"/></TextLine><TextLine HPOS="193" VPOS="1049" ID="tl16-25" WIDTH="1227" HEIGHT="20"><String HEIGHT="20" CONTENT="International" WIDTH="121" HPOS="193" VPOS="1049" ID="st16-154"/><SP/><String HEIGHT="20" CONTENT="Policy" WIDTH="53" HPOS="319" VPOS="1049" ID="st16-155"/><SP/><String HEIGHT="20" CONTENT="Analysis" WIDTH="76" HPOS="377" VPOS="1049" ID="st16-156"/><String HEIGHT="20" CONTENT="(" WIDTH="8" HPOS="458" VPOS="1049" ID="st16-157"/><String HEIGHT="20" CONTENT="IPA" WIDTH="25" HPOS="466" VPOS="1049" ID="st16-158"/><String HEIGHT="20" CONTENT=")" WIDTH="9" HPOS="491" VPOS="1049" ID="st16-159"/><SP/><String HEIGHT="20" CONTENT="is" WIDTH="14" HPOS="505" VPOS="1049" ID="st16-160"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="31" HPOS="524" VPOS="1049" ID="st16-161"/><SP/><String HEIGHT="20" CONTENT="analysis" WIDTH="72" HPOS="560" VPOS="1049" ID="st16-162"/><SP/><String HEIGHT="20" CONTENT="unit" WIDTH="37" HPOS="637" VPOS="1049" ID="st16-163"/><SP/><String HEIGHT="20" CONTENT="of" WIDTH="19" HPOS="680" VPOS="1049" ID="st16-164"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="31" HPOS="705" VPOS="1049" ID="st16-165"/><SP/><String HEIGHT="20" CONTENT="International" WIDTH="120" HPOS="741" VPOS="1049" ID="st16-166"/><SP/><String HEIGHT="20" CONTENT="Dialogue" WIDTH="84" HPOS="867" VPOS="1049" ID="st16-167"/><SP/><String HEIGHT="20" CONTENT="department" WIDTH="111" HPOS="956" VPOS="1049" ID="st16-168"/><SP/><String HEIGHT="20" CONTENT="of" WIDTH="20" HPOS="1072" VPOS="1049" ID="st16-169"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="30" HPOS="1098" VPOS="1049" ID="st16-170"/><SP/><String HEIGHT="20" CONTENT="Friedrich" WIDTH="81" HPOS="1134" VPOS="1049" ID="st16-171"/><String HEIGHT="20" CONTENT="-" WIDTH="9" HPOS="1215" VPOS="1049" ID="st16-172"/><String HEIGHT="20" CONTENT="Ebert" WIDTH="45" HPOS="1224" VPOS="1049" ID="st16-173"/><String HEIGHT="20" CONTENT="-" WIDTH="9" HPOS="1269" VPOS="1049" ID="st16-174"/><String HEIGHT="20" CONTENT="Stiftung" WIDTH="72" HPOS="1278" VPOS="1049" ID="st16-175"/><String HEIGHT="20" CONTENT="." WIDTH="9" HPOS="1350" VPOS="1049" ID="st16-176"/><SP/><String HEIGHT="20" CONTENT="In" WIDTH="17" HPOS="1365" VPOS="1049" ID="st16-177"/><SP/><String HEIGHT="20" CONTENT="our" WIDTH="32" HPOS="1388" VPOS="1049" ID="st16-178"/></TextLine><TextLine HPOS="193" VPOS="1076" ID="tl16-26" WIDTH="1227" HEIGHT="20"><String HEIGHT="20" CONTENT="publications" WIDTH="114" HPOS="193" VPOS="1076" ID="st16-179"/><SP/><String HEIGHT="20" CONTENT="and" WIDTH="36" HPOS="313" VPOS="1076" ID="st16-180"/><SP/><String HEIGHT="20" CONTENT="studies" WIDTH="65" HPOS="355" VPOS="1076" ID="st16-181"/><SP/><String HEIGHT="20" CONTENT="we" WIDTH="28" HPOS="426" VPOS="1076" ID="st16-182"/><SP/><String HEIGHT="20" CONTENT="address" WIDTH="71" HPOS="460" VPOS="1076" ID="st16-183"/><SP/><String HEIGHT="20" CONTENT="key" WIDTH="32" HPOS="537" VPOS="1076" ID="st16-184"/><SP/><String HEIGHT="20" CONTENT="topics" WIDTH="56" HPOS="575" VPOS="1076" ID="st16-185"/><SP/><String HEIGHT="20" CONTENT="of" WIDTH="19" HPOS="637" VPOS="1076" ID="st16-186"/><SP/><String HEIGHT="20" CONTENT="European" WIDTH="90" HPOS="662" VPOS="1076" ID="st16-187"/><SP/><String HEIGHT="20" CONTENT="and" WIDTH="36" HPOS="758" VPOS="1076" ID="st16-188"/><SP/><String HEIGHT="20" CONTENT="international" WIDTH="120" HPOS="800" VPOS="1076" ID="st16-189"/><SP/><String HEIGHT="20" CONTENT="politics" WIDTH="63" HPOS="926" VPOS="1076" ID="st16-190"/><String HEIGHT="20" CONTENT="," WIDTH="8" HPOS="989" VPOS="1076" ID="st16-191"/><SP/><String HEIGHT="20" CONTENT="economics" WIDTH="100" HPOS="1003" VPOS="1076" ID="st16-192"/><SP/><String HEIGHT="20" CONTENT="and" WIDTH="36" HPOS="1109" VPOS="1076" ID="st16-193"/><SP/><String HEIGHT="20" CONTENT="society" WIDTH="59" HPOS="1151" VPOS="1076" ID="st16-194"/><String HEIGHT="20" CONTENT="." WIDTH="9" HPOS="1210" VPOS="1076" ID="st16-195"/><SP/><String HEIGHT="20" CONTENT="Our" WIDTH="36" HPOS="1225" VPOS="1076" ID="st16-196"/><SP/><String HEIGHT="20" CONTENT="aim" WIDTH="35" HPOS="1266" VPOS="1076" ID="st16-197"/><SP/><String HEIGHT="20" CONTENT="is" WIDTH="13" HPOS="1307" VPOS="1076" ID="st16-198"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="31" HPOS="1326" VPOS="1076" ID="st16-199"/><SP/><String HEIGHT="20" CONTENT="devel" WIDTH="48" HPOS="1363" VPOS="1076" ID="st16-200" SUBS_TYPE="HypPart1" SUBS_CONTENT="development"/><HYP CONTENT="-" WIDTH="9" HPOS="1411" VPOS="1076" HEIGHT="20"/></TextLine><TextLine HPOS="193" VPOS="1102" ID="tl16-27" WIDTH="828" HEIGHT="21"><String HEIGHT="21" CONTENT="opment" WIDTH="75" HPOS="193" VPOS="1102" ID="st16-201" SUBS_TYPE="HypPart2" SUBS_CONTENT="development"/><SP/><String HEIGHT="21" CONTENT="of" WIDTH="19" HPOS="274" VPOS="1102" ID="st16-202"/><SP/><String HEIGHT="21" CONTENT="policy" WIDTH="54" HPOS="300" VPOS="1102" ID="st16-203"/><SP/><String HEIGHT="21" CONTENT="recommendations" WIDTH="170" HPOS="360" VPOS="1102" ID="st16-204"/><SP/><String HEIGHT="21" CONTENT="and" WIDTH="36" HPOS="536" VPOS="1102" ID="st16-205"/><SP/><String HEIGHT="21" CONTENT="scenarios" WIDTH="87" HPOS="578" VPOS="1102" ID="st16-206"/><SP/><String HEIGHT="21" CONTENT="from" WIDTH="45" HPOS="671" VPOS="1102" ID="st16-207"/><SP/><String HEIGHT="21" CONTENT="a" WIDTH="11" HPOS="722" VPOS="1102" ID="st16-208"/><SP/><String HEIGHT="21" CONTENT="social" WIDTH="51" HPOS="740" VPOS="1102" ID="st16-209"/><SP/><String HEIGHT="21" CONTENT="democratic" WIDTH="105" HPOS="798" VPOS="1102" ID="st16-210"/><SP/><String HEIGHT="21" CONTENT="perspective" WIDTH="102" HPOS="909" VPOS="1102" ID="st16-211"/><String HEIGHT="21" CONTENT="." WIDTH="10" HPOS="1011" VPOS="1102" ID="st16-212"/></TextLine><TextLine HPOS="193" VPOS="1156" ID="tl16-28" WIDTH="1170" HEIGHT="20"><String HEIGHT="20" CONTENT="This" WIDTH="37" HPOS="193" VPOS="1156" ID="st16-213"/><SP/><String HEIGHT="20" CONTENT="publication" WIDTH="105" HPOS="237" VPOS="1156" ID="st16-214"/><SP/><String HEIGHT="20" CONTENT="appears" WIDTH="74" HPOS="348" VPOS="1156" ID="st16-215"/><SP/><String HEIGHT="20" CONTENT="within" WIDTH="59" HPOS="428" VPOS="1156" ID="st16-216"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="30" HPOS="494" VPOS="1156" ID="st16-217"/><SP/><String HEIGHT="20" CONTENT="framework" WIDTH="103" HPOS="531" VPOS="1156" ID="st16-218"/><SP/><String HEIGHT="20" CONTENT="of" WIDTH="20" HPOS="640" VPOS="1156" ID="st16-219"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="31" HPOS="666" VPOS="1156" ID="st16-220"/><SP/><String HEIGHT="20" CONTENT="working" WIDTH="78" HPOS="703" VPOS="1156" ID="st16-221"/><SP/><String HEIGHT="20" CONTENT="line" WIDTH="34" HPOS="787" VPOS="1156" ID="st16-222"/><String HEIGHT="20" CONTENT="»" WIDTH="9" HPOS="827" VPOS="1156" ID="st16-223"/><String HEIGHT="20" CONTENT="International" WIDTH="123" HPOS="836" VPOS="1156" ID="st16-224"/><SP/><String HEIGHT="20" CONTENT="Economic" WIDTH="91" HPOS="966" VPOS="1156" ID="st16-225"/><SP/><String HEIGHT="20" CONTENT="Policy" WIDTH="54" HPOS="1063" VPOS="1156" ID="st16-226"/><String HEIGHT="20" CONTENT="«" WIDTH="9" HPOS="1117" VPOS="1156" ID="st16-227"/><String HEIGHT="20" CONTENT="," WIDTH="9" HPOS="1126" VPOS="1156" ID="st16-228"/><SP/><String HEIGHT="20" CONTENT="editor" WIDTH="53" HPOS="1141" VPOS="1156" ID="st16-229"/><String HEIGHT="20" CONTENT=":" WIDTH="9" HPOS="1194" VPOS="1156" ID="st16-230"/><SP/><String HEIGHT="20" CONTENT="Dr" WIDTH="22" HPOS="1209" VPOS="1156" ID="st16-231"/><SP/><String HEIGHT="20" CONTENT="Björn" WIDTH="50" HPOS="1237" VPOS="1156" ID="st16-232"/><SP/><String HEIGHT="20" CONTENT="Hacker" WIDTH="60" HPOS="1293" VPOS="1156" ID="st16-233"/><String HEIGHT="20" CONTENT="," WIDTH="10" HPOS="1353" VPOS="1156" ID="st16-234"/></TextLine><TextLine HPOS="193" VPOS="1182" ID="tl16-29" WIDTH="205" HEIGHT="21"><String HEIGHT="21" CONTENT="bjoern" WIDTH="61" HPOS="193" VPOS="1182" ID="st16-235"/><String HEIGHT="21" CONTENT="." WIDTH="10" HPOS="254" VPOS="1182" ID="st16-236"/><String HEIGHT="21" CONTENT="hacker" WIDTH="62" HPOS="264" VPOS="1182" ID="st16-237"/><String HEIGHT="21" CONTENT="@" WIDTH="10" HPOS="326" VPOS="1182" ID="st16-238"/><String HEIGHT="21" CONTENT="fes" WIDTH="31" HPOS="336" VPOS="1182" ID="st16-239"/><String HEIGHT="21" CONTENT="." WIDTH="10" HPOS="367" VPOS="1182" ID="st16-240"/><String HEIGHT="21" CONTENT="de" WIDTH="21" HPOS="377" VPOS="1182" ID="st16-241"/></TextLine><TextLine HPOS="196" VPOS="2005" ID="tl16-30" WIDTH="545" HEIGHT="21"><String HEIGHT="21" CONTENT="The" WIDTH="35" HPOS="196" VPOS="2005" ID="st16-242"/><SP/><String HEIGHT="21" CONTENT="views" WIDTH="52" HPOS="237" VPOS="2005" ID="st16-243"/><SP/><String HEIGHT="21" CONTENT="expressed" WIDTH="92" HPOS="295" VPOS="2005" ID="st16-244"/><SP/><String HEIGHT="21" CONTENT="in" WIDTH="17" HPOS="394" VPOS="2005" ID="st16-245"/><SP/><String HEIGHT="21" CONTENT="this" WIDTH="33" HPOS="417" VPOS="2005" ID="st16-246"/><SP/><String HEIGHT="21" CONTENT="publication" WIDTH="105" HPOS="456" VPOS="2005" ID="st16-247"/><SP/><String HEIGHT="21" CONTENT="are" WIDTH="29" HPOS="568" VPOS="2005" ID="st16-248"/><SP/><String HEIGHT="21" CONTENT="not" WIDTH="32" HPOS="603" VPOS="2005" ID="st16-249"/><SP/><String HEIGHT="21" CONTENT="necessarily" WIDTH="100" HPOS="641" VPOS="2005" ID="st16-250"/></TextLine><TextLine HPOS="196" VPOS="2032" ID="tl16-31" WIDTH="588" HEIGHT="20"><String HEIGHT="20" CONTENT="those" WIDTH="52" HPOS="196" VPOS="2032" ID="st16-251"/><SP/><String HEIGHT="20" CONTENT="of" WIDTH="20" HPOS="254" VPOS="2032" ID="st16-252"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="31" HPOS="280" VPOS="2032" ID="st16-253"/><SP/><String HEIGHT="20" CONTENT="Friedrich" WIDTH="82" HPOS="317" VPOS="2032" ID="st16-254"/><String HEIGHT="20" CONTENT="-" WIDTH="9" HPOS="399" VPOS="2032" ID="st16-255"/><String HEIGHT="20" CONTENT="Ebert" WIDTH="46" HPOS="408" VPOS="2032" ID="st16-256"/><String HEIGHT="20" CONTENT="-" WIDTH="9" HPOS="454" VPOS="2032" ID="st16-257"/><String HEIGHT="20" CONTENT="Stiftung" WIDTH="74" HPOS="463" VPOS="2032" ID="st16-258"/><SP/><String HEIGHT="20" CONTENT="or" WIDTH="20" HPOS="543" VPOS="2032" ID="st16-259"/><SP/><String HEIGHT="20" CONTENT="of" WIDTH="20" HPOS="569" VPOS="2032" ID="st16-260"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="31" HPOS="595" VPOS="2032" ID="st16-261"/><SP/><String HEIGHT="20" CONTENT="organization" WIDTH="119" HPOS="632" VPOS="2032" ID="st16-262"/><SP/><String HEIGHT="20" CONTENT="for" WIDTH="27" HPOS="757" VPOS="2032" ID="st16-263"/></TextLine><TextLine HPOS="196" VPOS="2059" ID="tl16-32" WIDTH="233" HEIGHT="20"><String HEIGHT="20" CONTENT="which" WIDTH="57" HPOS="196" VPOS="2059" ID="st16-264"/><SP/><String HEIGHT="20" CONTENT="the" WIDTH="31" HPOS="259" VPOS="2059" ID="st16-265"/><SP/><String HEIGHT="20" CONTENT="author" WIDTH="63" HPOS="296" VPOS="2059" ID="st16-266"/><SP/><String HEIGHT="20" CONTENT="works" WIDTH="52" HPOS="366" VPOS="2059" ID="st16-267"/><String HEIGHT="20" CONTENT="." WIDTH="11" HPOS="418" VPOS="2059" ID="st16-268"/></TextLine><TextLine HPOS="196" VPOS="2112" ID="tl16-33" WIDTH="578" HEIGHT="20"><String HEIGHT="20" CONTENT="This" WIDTH="37" HPOS="196" VPOS="2112" ID="st16-269"/><SP/><String HEIGHT="20" CONTENT="publication" WIDTH="105" HPOS="240" VPOS="2112" ID="st16-270"/><SP/><String HEIGHT="20" CONTENT="is" WIDTH="13" HPOS="351" VPOS="2112" ID="st16-271"/><SP/><String HEIGHT="20" CONTENT="printed" WIDTH="68" HPOS="370" VPOS="2112" ID="st16-272"/><SP/><String HEIGHT="20" CONTENT="on" WIDTH="24" HPOS="445" VPOS="2112" ID="st16-273"/><SP/><String HEIGHT="20" CONTENT="paper" WIDTH="55" HPOS="475" VPOS="2112" ID="st16-274"/><SP/><String HEIGHT="20" CONTENT="from" WIDTH="45" HPOS="536" VPOS="2112" ID="st16-275"/><SP/><String HEIGHT="20" CONTENT="sustainable" WIDTH="105" HPOS="587" VPOS="2112" ID="st16-276"/><SP/><String HEIGHT="20" CONTENT="forestry" WIDTH="66" HPOS="699" VPOS="2112" ID="st16-277"/><String HEIGHT="20" CONTENT="." WIDTH="9" HPOS="765" VPOS="2112" ID="st16-278"/></TextLine><TextLine HPOS="1212" VPOS="2006" ID="tl16-34" WIDTH="244" HEIGHT="21"><String HEIGHT="21" CONTENT="ISBN" WIDTH="48" HPOS="1212" VPOS="2006" ID="st16-279"/><SP/><String HEIGHT="21" CONTENT="978" WIDTH="33" HPOS="1266" VPOS="2006" ID="st16-280"/><String HEIGHT="21" CONTENT="-" WIDTH="11" HPOS="1299" VPOS="2006" ID="st16-281"/><String HEIGHT="21" CONTENT="3" WIDTH="11" HPOS="1310" VPOS="2006" ID="st16-282"/><String HEIGHT="21" CONTENT="-" WIDTH="12" HPOS="1321" VPOS="2006" ID="st16-283"/><String HEIGHT="21" CONTENT="86872" WIDTH="55" HPOS="1333" VPOS="2006" ID="st16-284"/><String HEIGHT="21" CONTENT="-" WIDTH="12" HPOS="1388" VPOS="2006" ID="st16-285"/><String HEIGHT="21" CONTENT="726" WIDTH="33" HPOS="1400" VPOS="2006" ID="st16-286"/><String HEIGHT="21" CONTENT="-" WIDTH="11" HPOS="1433" VPOS="2006" ID="st16-287"/><String HEIGHT="21" CONTENT="5" WIDTH="12" HPOS="1444" VPOS="2006" ID="st16-288"/></TextLine></TextBlock></PrintSpace></Page></Layout></alto>