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Austerity Program – Fewer subsidies for local councils
Austerity Program – Fewer subsidies for local councils
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Austerity Program – Fewer subsidies for local councils
The German government has announced major cuts in numerous areas, including urban development. Subsidies affecting the sector are being halved. East German councils are likely to be hardest hit. Up to now, they have used government subsidies to renovate old buildings.Local laborers fear the cuts will have a detrimental effect on the number of commissions available - and their ability to earn a living.   Report by Sascha Quaiser.
Channel: Deutsche Welle
Category: Business
Video Length: 243
Date Found: June 16, 2010
Date Produced:
View Count: 0
 
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