Author (Person) | Harnischfeger, Uta |
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Series Title | Financial Times |
Series Details | 30.5.03, p6 |
Publication Date | 30/05/2003 |
Content Type | News |
Germany's pensioners will see their disposable income fall under drastic government plans to slash EUR5bn off state subsidies to the mandatory retirement savings system. The plan by Hans Eichel, Germany's Finance Minister, to use the cuts to make good a third of the projected EUR15bn shortfall in the 2004 budget are the latest sign of the government's determination to make significant cuts in Germany's social welfare system. |
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Subject Categories | Employment and Social Affairs |
Countries / Regions | Germany |