-Caveat Lector- >From http://business.scotsman.com/topics.cfm?id=548172002&tid=79
}}}>Begin Tue 21 May 2002 Poll says most Germans want rid of euro ALLAN HALL In Berlin THE party is over for the euro in Germany. A majority of the country which more than any other embraced the concept and birth of the single currency now longs for the return of the deutschmark. Fifty four per-cent of Germans polled by the prestigious Allensbach Institute said they want the euro replaced by the old mark, the trusted building block of the economic miracle. The response comes shortly after the German government admitted that price gouging by unscrupulous traders had been a major factor contributing to a drop in consumer spending and confidence. Germany spent billions in campaigning for the euro, on its introduction and on a campaign persuading the public it was a good thing. That such a majority now favour its farewell will send shock waves through the Schr�der government, already trailing badly in opinion polls just months before September�s general election. Eighty one per-cent of Germans in the same poll said they still calculate prices in shops in deutschmarks - the reason perhaps why so many have flooded the government with complaints about price hikes. In a separate poll undertaken in east Germany by the best selling magazine Super Illu 60 per cent of respondents said they wanted the deutschmark back. That was 14 per cent more anti-euro than the last poll taken by the magazine in March. Ten days ago the German government and its national bank finally admitted what the public has been telling them since 1 January - that the euro has sent prices through the roof. "We made the mistake of allowing commerce to regulate itself and that was a blunder on our part," said Hans Eichel, finance minister. He added that countries like France and The Netherlands, where many price rises were outlawed with the introduction of the single currency, had fared better than Germany. Of the mood in his own country where the euro is now dubbed the "teuro" from the word teuer for expensive, he said: "The mood among the people is depressed about this." Prices in service industries and restaurants are among those that have gone up the most in Germany according to the Federal Office for Statistics. The office in Wiesbaden said it made the mistake in the first few weeks of the single currency�s entry in believing that the complaints that it had received from consumers were isolated instances. This article: http://business.scotsman.com/topics.cfm?id=548172002 More The Euro: http://business.scotsman.com/topics.cfm?tid=79 Websites: Currency converter http://www.travelex.co.uk/scotsman/converter.asp Euro essentials http://europa.eu.int/euro/html/home5.html?lang=5 HM Treasury euro resource http://www.euro.gov.uk/ End<{{{ ~~~~~~~~~~~~~~~ Forwarded as information only; no automatic endorsement + + + + + + + + + + + + + + + + + + + + + + + + + + + + In accordance with Title 17 U.S.C. section 107, this material is distributed without charge or profit to those who have expressed a prior interest in receiving this type of information for non-profit research and educational purposes only. + + + + + + + + + + + + + + + + + + + + + + + + + + + + + "Do not believe in anything simply because you have heard it. Do not believe simply because it has been handed down for many generations. Do not believe in anything simply because it is spoken and rumored by many. 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