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Schäfer, Jan

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2 articles of this author have been cited in the European Press Review so far.

Bild - Germany | 22/03/2012

Germany no example for austerity

The German government approved the national budget for 2013 on Wednesday. It amounts to just over 300 billion euros and the government can take out new loans of 19.6 billion euros. But new debts will make Germany look untrustworthy in Europe, the tabloid Bild complains: "Up to now Germany has been regarded as the model pupil across Europe when it comes to frugality. But since yesterday we know that this no longer applies! Instead of borrowing less the government wants to borrow around 9 billion euros more than planned. A fatal signal! While other euro states are forced to tighten their belts till it really hurts Germany is simply letting itself go. Yet there could hardly be a better time to get rid of all the debts. The economy is humming, the salaries are rising and the social security coffers are overflowing. The government needs more courage to economise. Why not cut back on the billions in subsidies for pension and health insurance funds, for example? Why not cut parental benefits? And why introduce the new and expensive care allowance? A country that condemns others to turbo-austerity should be prepared to set a good example."

Bild - Germany | 17/06/2010

GM's trickery in vain

The US carmaker General Motors has announced it wants to restructure Opel without German tax money. The tabloid Bild praises the German Minister for Economics and Technology Rainer Brüderle, who rejected GM's request for state aid: "We the taxpayers ask in amazement: how brazen can a company be? For 18 months Opel and its US owner GM begged for billions in state aid. The car managers were merciless: they gambled, finagled and menaced. Their motto: if nothing works we'll just have to close down plants and lay off thousands of workers. Now all of a sudden GM wants to restructure Opel on its own - without a penny of state aid. It's a good thing Minister Brüderle was vehemently against a bailout for Opel. His clear no thwarted the GM tricksters and finally got them to give in. But it was close. Now all managers are clear that they can't pull the wool over the eyes of the German government or us taxpayers."

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