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Zero option

Article Abstract:

German Chancellor Helmut Kohl seems to be unfairly increasing the burden he carries by releasing a press statement that Germany will achieve a budget deficit of three point zero. The statement is just what he needs to gain the popular support of the German people. The goal is attainable but is seen as a publicity stunt that could spell the best for the German official.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
Administration of General Economic Programs, Domestic Monetary Policy, Analysis

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Euro-division: Germany

Article Abstract:

Fighting over the deadline for meeting the requirements to join the European Monetary Union may topple the German government led by Helmut Kohl. Kohl has staked his presidency on meeting the deadline. Many feel that the goal is impossible, but Kohl says failure would mean higher unemployment and reduced exports.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
International aspects

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Subjects list: Germany, Economic policy, Political aspects, Kohl, Helmut, Monetary policy, European Monetary System
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