Germany: gentlemen's disagreement

Article Abstract:

German chancellor Helmut Kohl methodically continues to ready his country's economy to meet the Maastricht criteria for Europe's currency union. His attempts to reduce the budget deficit have been met with protests as he proposes further welfare cuts to bring the deficit down to 3% of GDP.

Standards, European Monetary System, Prime ministers

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Remodelling? Germany

Article Abstract:

Chancellor Helmut Kohl is facing popular opposition to balance Germany's budget deficit by freezing public employee wages and cutting welfare programs. Slow economic growth and lower than expected tax calculations are to blame for the economic bind.

Compensation and benefits, Public employees, Government employees

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Consenting adults: Germany

Article Abstract:

Helmut Kohl's administration won passage of a new law that reduces sick pay from 100% to 80% effective Oct 1, 1996. However, a strike threat by IG Metall against Daimler-Benz has caused many employers to retreat from implementing the cuts.

Motor vehicles and car bodies, Motor Vehicles, Automobile and Light Duty Motor Vehicle Manufacturing, Laws, regulations and rules, Human resource management, Labor relations, Automobile industry, Daimler-Benz AG, Workers' compensation, Industriegewerkschaft Metall fur die Bundesrepublik Deutschland

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