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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (18188)	5/4/2003 2:34:24 PM
From: Ahda	Respond to of 81409

Germany reacted with dismay yesterday to America's decision not to return the 17,000-strong 1st Armoured Division to Germany, accelerating plans to relocate its troops to eastern Europe. Roland Koch, the premier of Hesse state, where 3,700 of the 70,000 US soldiers in Germany are stationed, said the American decision would lead to the loss of 250 jobs and have a huge impact on shops and other businesses. To:marginmike who wrote (238800) From: Haim R. Branisteanu Saturday, May 3, 2003 8:21 PM Respond to of 238848 if from the 70,000 around 50,000 will be re-deployed that is around $250 million less in net income. Based on a average multiplier of 10 this will dent the economy by $2.5 billion. Or applying other calculation it will translate by about 100,000 to 150,000 unemployed Germans as a result of moving out the troops. This is not taking into account other services contracted by the US The assumption is based on the possibility that the US will pull troops our of Germany. Just how it was calculated I don't know but it made sense to me number one we are ticked at you for not backing US stood out in my head it would be interesting to see where these troops are headed for. I do know pulling out all of the troops would affect business. Now I shall bite my tongue.