€1600 per floating voter…and it won’t work
“Komm mit Geli, unser Schmiergelder ewartet Sie…”
Several German and Greek Sloggers have sent me this week’s big story from Spiegel: ‘the German government is backing away from its austerity mandates and planning to spend billions to stimulate ailing economies in Southern Europe’. But Berlin won’t be ‘stimulating’ anything except its popularity in preparation for the September 2013 general election.
Last week, German finance supremo Wolfgang Schäuble sent a letter to Economics Minister Philipp Rösler in which he proposed that the coalition partners act together in a new plan for stimulation in the ClubMed States. Rösler’s Ministry is responsible for Germany’s KfW development bank – and the Frankfurt-based institution is to play a key role in the German growth concept that experts from both ministries have started drafting for ClubMed…beginning with Spain.
Damian Carrington in the Guardian last week was effusive…
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