December 26, 2012
A Secret Austerity Plan for Germany
Reiermann & Sauga, Der Spiegel
The German government and opposition are pledging higher benefits for pensioners, families and the long-term unemployed ahead of elections next year, but Finance Minister Wolfgang Schäuble is secretly planning cutbacks to prepare for a weakening economy and possible fallout from the euro crisis.
TAGGED: Eurozone, Germany