Word: schr
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...only is Germany edging ever closer to the 3% mark, but Gerhard Schröder, with a mixture of heavy-handedness and hauteur, has even muscled the Commission into withholding the obligatory letter of warning. How could he do this? If you run the biggest economy in the E.U., you can. Especially if you get two more biggies, in this case, France and Britain, to go along, or at least not to oppose...
...unexpected in politics will remain a feature of 2002. The U.S. President's popularity rating is above 90%, the highest in the history of the republic. In Europe, many incumbents may not be so lucky. German Chancellor Gerhard Schröder, who faces an election in September, has seen his chances dented by the continuing economic slump. In France, Prime Minister Lionel Jospin and President Jacques Chirac will likely face off for the presidency in a contest that begins in April - but Jospin has been hit by France's failing economy and Chirac by corruption allegations. Asia...
Perhaps more importantly for Stoiber, 60, poll results have consistently shown him leading Merkel as the favored candidate to oppose Schröder. With support ebbing away, Merkel said she met with Stoiber Friday morning and agreed to back him for the joint nomination, ending the bickering between the two parties. Later in the day she met with the CDU board, and it unanimously backed Stoiber to lead the election campaign...
Stoiber, who has ruled Bavaria since 1993, has some powerful credentials to use against Schröder, particularly on the economy. Unemployment in Bavaria, at 5.8%, is the lowest in Germany, and Stoiber has implemented a decidedly unconservative industrial policy that has lured many high-tech start-ups with promises of government subsidies. As a demonstration of how vulnerable the Social Democrats are on the economic front, last week Schröder said he planned to introduce short-term measures like subsidies designed to create low-paying jobs in a hurry...
...Ronald Schill, who won nearly a fifth of the vote in a Hamburg mayoral race recently for his new Law-and-Order Party, had threatened to field candidates nationwide if Merkel was the conservative choice, but not if Stoiber ran. Stoiber also takes a hard line on immigration, while Schröder has proposed a sweeping reform of immigration laws to allow more qualified foreign workers into the country. Voters have consistently shown themselves to be against increased immigration. If Stoiber should win, it could change the political climate in Europe. Along with Silvio Berlusconi, the Italian Prime Minister returned...