Word: sarrazin
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...leaders' respective supporters have upped the ante in the showdown this week. Bundesbank board member Thilo Sarrazin warned that if Greece cannot pay its bills, "it should do what every debtor has to do and file for insolvency." And the fiery Greek Deputy Prime Minister, Theodoros Pangalos, accused Germany of betting on rising Greek bond yields. "In allowing monetary and credit institutions to take part in this miserable game, people in Germany are making money," Pangalos said. (See more about the E.U.'s bailout of Greece...
...SOFTBALL Lauren Bay, Trail, B.C. Alison Bradley, Pinkerton, Ont. Erin Cumpstone, Saskatoon, Sask. Cindy Eadie, Brantford, Ont. Kaila Holtz, North Vancouver Jackie Lance, Delta, B.C. Sheena Lawrick, Calgary Angela Lichty, Guelph, Ont. Andrea Nyhus, White Rock, B.C. Kristy Odamura, Richmond, B.C. Alexandra Olson, Valemount, B.C. Kim Sarrazin, St-Eustache , Que. Rachel Schill, Kitchener, Ont. AuburnlSigurdson, Surrey, B.C. Erin White, Richmond...
...editor of the newspaper Der Tagesspiegel. "People know they will have to make sacrifices." Heading the list of Berlin's problems is the financial crisis facing the municipal government. The Berlin city council, known as the Senate, will present its 2004 budget next week. According to Finance Minister Thilo Sarrazin, Berlin has a j46 billion debt and next year will run a whopping €4.3 billion deficit. By comparison, New York City is suffering its worst budget crisis in 30 years, but has only come up short by €2.8 billion. And New York has 8 million residents to share...
...case, deserving of special support. Now all that has changed. After the East German government was swept away in 1990, the subsidies were phased out. It became too expensive for companies to run factories there. "Berlin's citizens were very spoiled in the time of the divided country," says Sarrazin. The massive job losses that followed reunification mean that the Berlin city government is still paying unemployment benefits to 10% of the population and welfare payments to another 8%. More recently, Berlin erred by extensively subsidizing the construction of office buildings and apartments. Politicians predicted the city would become...
...minute thrill of spontaneous animosity to a festival that had nearly suffocated in gentility. Until then, this assembly of 30,000 producers, directors, stars, distributors, critics and other swains of the celluloid muse could find little to cheer and even less to condemn. Oh, sure, you could watch Michael Sarrazin strangle a nude hermaphrodite in the Belgian thriller Mascara. You could cruise the low-rent Film Market and see ads for such films as Assault of the Killer Bimbos, Space Sluts in the Slammer and Surf Nazis Must Die. You could catch Jean-Luc Godard in a typically impish auto...