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...Kiel Institute for World Economics. He's particularly critical of the €2 billion earmarked for transport infrastructure. "Trying to improve the working of the economy by choosing a sector like that hasn't worked in most countries," Snower says. But there were some supporters, including Jürgen R. Thumann, president of the Federal Association of German Industry: "I'm very satisfied with the results. It's another step, even though reform policy is certainly not at an end." The problem is that fixing taxes and fixing roads won't address the deeper reasons German companies don't hire...

Author: /time Magazine | Title: Desperate Measures | 3/20/2005 | See Source »

...square jaw, steely eyes and prominent nose. And after his own experience sending troops into action during the Kosovo war, the first time since World War II that German soldiers were sent abroad, Schröder felt a new bond with his father, according to his biographer, Jürgen Hogrefe. Schröder "is more serious than he has ever been before," says Hogrefe. "He is ready to face reality and withstand heavy emotions." Schröder's trip is one more small step in his country's effort to account for its past, but his brief visit...

Author: /time Magazine | Title: Schröder's Private Pilgrimage | 8/9/2004 | See Source »

...three years ago. "The managers in the higher floors should give up 10% of their own pay," said Kurt Beck, head of the state of Rheinland-Pfalz. "That would be a signal to employees." DaimlerChrysler did just that; the company's management board - headed by chief executive Jürgen Schrempp, who earned €7.5 million last year - agreed to give back 10% of its salary as part of the settlement. Will the attempts at forced executive givebacks make Europe's workers more willing to accept longer hours? It's too early to tell. But workers know employers are more...

Author: /time Magazine | Title: Not Working | 7/25/2004 | See Source »

...crisis meeting by phone. "Just imagine if we have to react rapidly," he says. "That worked well enough after the attacks in Madrid. But the decisive question is, what is the optimal situation for effective crisis management and to coordinate prevention strategies?" One obvious solution, proposed by Jürgen Rüttgers, head of the Christian Democratic Union in North Rhine Westphalia, is to create a strong federal domestic intelligence agency and put the 16 state offices under its control, then give the BKA greater investigative powers and move the agency to Berlin. The trouble is, the states refuse...

Author: /time Magazine | Title: The Intelligence Test | 4/25/2004 | See Source »

...Adlon on New Year's Eve, 2001. Dresdner Bank picked up the tab - over 37,660 - landing Welteke under state investigation. Welteke paid his share last Monday and took a vacation. But government and opposition both want him to resign, and that's where politics comes in. Jürgen Stark is acting president, but insiders say if Welteke goes, Stark is unlikely to get his job. Stark was a senior aide to the previous conservative government. Finance Ministry officials are instead touting Deputy Finance Minister Caio Koch-Weser, a Social Democrat appointee responsible for global finance and currencies...

Author: /time Magazine | Title: Bizwatch | 4/11/2004 | See Source »

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