Word: spd
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...opposing George W. Bush's plans to invade Iraq. Now, in the run-up to crucial elections in North Rhine-Westphalia later this month, his party has launched a new assault. This time the target is Anglo Saxon-style capitalism. Franz Müntefering, chairman of the Social Democrats (SPD), inveighed against "swarms of locusts that fall on companies, stripping them bare before moving on." The inspiration for this alarming imagery was identified last week when his headquarters leaked a "locust list" naming the alleged pests. These included U.S.-based investment firms Kohlberg Kravis Roberts, Goldman Sachs and Blackstone...
...German chancellor Gerhard Schröder's coalition government in danger of falling apart? A lot depends on negotiations this week in the northern state of Schleswig-Holstein, where neither the ruling Social Democrats (SPD) nor the opposition Christian Democratic Union (CDU) managed to win a majority in a February state election. After incumbent SPD state premier Heide Simonis failed to build a minority government, the SPD and CDU have opened talks on a possible "grand coalition." The CDU has the advantage: by walking away, it would trigger new state elections and almost certainly win. Failure to strike a deal...
...Schröder's refusal to address these structural problems, says Mayer, "shows that the government is not capable of taking on the unions." And therein lies Schröder's bind. According to the Forsa polling institute, the approval rating for Schröder's Social Democratic Party (spd) has fallen to a dismal 31% from 35% since January, while the cdu's has increased from 37% to 44% over the same period. With national elections 18 months away, the spd are worried that the sputtering economy could stall the re-election campaign before it starts. Schr...
...Saxony, where unemployment in places tops 20%. The NPD won 9.2% of the vote and took 12 seats in the state parliament, its best showing in more than three decades and a dramatic setback for the country's main political parties, Chancellor Gerhard Schröder's Social Democrats (SPD) and the opposition Christian Democrats (CDU). The CDU lost its absolute majority in Saxony's parliament and will now have to form a coalition to run the state, while the SPD won only 9.8% of the vote and took just one more seat than the NPD. It was a similar...
...German disease," says Guido Westerwelle, leader of the Free Democratic Party. "Instead of taking care of domestic security by hiring more policemen, we wasted the work of 200 civil servants to look after this reform." The issue has even divided Schröder's Social Democratic Party (spd). Dieter Wiefelspütz, an spd parliamentarian, says that despite Schröder's support, "it's just a couple of bureaucrats who demand the changes and I will not let them determine how I write the German language." While the spelling revolt played out on the front pages of the nation...