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Fri 04 Apr 2007Pay deal 'opt out' proposed for exportersMinister for Enterprise Micheál Martin has raised the prospect of giving exporters who face severe pressure on their business due to currency fluctuations opt-out clauses from parts of future social partnership pay deals, writes Arthur Beesley, Senior Business Correspondent, in Druid's GlenWith the euro trading near record highs against the dollar this week, the Minister said future partnership deals should have "in-built flexibility" to protect exporters and traditional manufacturers who are vulnerable to movements on the international currency markets.
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