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To pay or not to pay: Is a wage rise in line with inflation a flawed concept or a fair response?

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'When companies are saying, yes, this hurts competitiveness, what they mean – but they don’t dare to say – is it hurts profits and dividends,' says Belgian Green MEP Philippe Lamberts. Photo: Geert Vanden Wijngaert/Bloomberg

'When companies are saying, yes, this hurts competitiveness, what they mean – but they don’t dare to say – is it hurts profits and dividends,' says Belgian Green MEP Philippe Lamberts. Photo: Geert Vanden Wijngaert/Bloomberg

'When companies are saying, yes, this hurts competitiveness, what they mean – but they don’t dare to say – is it hurts profits and dividends,' says Belgian Green MEP Philippe Lamberts. Photo: Geert Vanden Wijngaert/Bloomberg

Fiscal hawks dislike the idea, but indexing is very popular in Belgium, where both public and private sector wages are tied to inflation.

Is there anything Ireland can learn from Belgium's experience?


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