On July 1, Royal Philips and Dutch trade unions announced the outcomes of their negotiations for the collective labor agreement for Philips' workforce in the Netherlands. The negotiation results, which are subject to approvals, cover changes in the company's Dutch pension plan and associated one-off EUR 600 million contributions in 2014.   "We are making all efforts to create a sustainable pension framework for Philips' employees and for our company; following the curtailment of open ended obligations in the US pension fund earlier this quarter, we are...