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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: smolejv@gmx.net who wrote (17939)4/8/2002 4:57:02 AM
From: elmatador  Read Replies (1) of 74559
 
Solidaritätszuschlag, is nothing more than the principle of finanzausgleich extended to the former DDR. The German government, could have called finanzausgleich, but by calling Solidaritätszuschlag, it gave the impression -to the Former West Germans that they are supporting the former east Germans in a kind of development aid.
This is damaging because: The West Germans resent this because, well, they are Germans, and the East Germans resent it too because they have some 30% less average income average but pay the same prices of the Germans.

In fact the Germans just bail out the East and have an instant 18 million bigger market just next door. Perhaps the Eastern should have gone Czech way. But what do I know?
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