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Budapest public transport strike canceled

CEO of Budapest's public transportation company BKV Rt Botond Aba reached agreement with the corporation's strike committee regarding workers' pay rise demands. As a result, the workers canceled plans for a general strike that could have easily paralyzed the city tomorrow morning, public television channel M1 reported in its morning news program Nap-kelte. The management of BKV, which had not shown a willingness to raise its bid above the proposed Ft 11,000 monthly wage hike until last weekend, finally agreed on a Ft 16,000 raise before taxes, which compares with the employees' demand of Ft 16,000.