Railway Workers And Deutsche Bahn Reach Labor Agreement

BERLIN - JULY 09: Hartmut Mehdorn (L), chairman of the German railway company Deutsche Bahn AG shakes hands with Norbert Hansen (R), chairman of railway union Transnet as Klaus-Dieter Hommel (2nd-L), chairman of railway union GDBA and Margret Suckale (2nd-R), head of Human Resources of Deutsche Bahn AG look on during a news conference on July 9, 2007 in Berlin, Germany. Deutsche Bahn, Transnet and GDBA reached an agreement in the labor dispute of recent weeks, guaranteeing 4,5 percent payraise to the 1st of January 2008 for the following 19 months for the employees. However, the union of railway engine drivers continues to demand a 30 percent pay increase and threatens with strike. (Photo by Andreas Rentz/Getty Images)