POST Online Media Lite Edition


Multi-million bonuses for German car bosses are not fair, says Merkel

Staff Writer |
Multi-million euro bonuses to German car company executives are not fair given the sector's tarnished image after the emissions scandal, Chancellor Angela Merkel said.

Article continues below

"No I don't think this is fair. I don't know how the automotive industry is going to respond," Merkel told mass-selling Bild newspaper in an interview broadcast live online.

She added: "They have supervisory boards on which union representatives sit and I think there should be a more sensitive approach (to executive bonuses)".

Merkel said it was not up to politicians to cap executive pay and bonuses.

What to read next

Merkel: I see no damages by Brexit for German economy
Merkel urges U.S. to cooperate with rest of world
Germany to focus on fair trade at G20 summit