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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – After 21 days of strike, the majority of bank employees across Brazil decided to end the walkout, accepting a ten percent increase in wages, fourteen percent increase in meal ticket values and participation in profits and results.

“It was a great victory since we surpassed political and economic adversities as well as the strong resistance from banks,” Roberto Von Der Osten, president of the National Confederation of Financial Sector Workers (CONTRAF) was quoted as saying by Agencia Brasil.

According to Von Der Osten, Subscribe to our Premium Membership Plan. Already Subscribed?