Riding the wave

Series Title
Series Details 21.8.02, p12 (editorial)
Publication Date 21/08/2002
Content Type

Editorial discusses the impact of the August 2002 floods in Germany. Postponing planned tax reductions to pay for rebuilding after the floods has improved Chancellor Gerhard Schröder's standing in the eyes of the electorate and given him a glimmer of hope for re-election on 22 September 2002. The tax changes have also diverted attention from Germany's looming fiscal crisis.

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