Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us


Germany: A Setback For Schr??der

The Sept. 5 State Parliament elections in Germany's Saarland were a disaster for Chancellor Gerhard Schr??der's Social Democratic Party (SPD). The Social Democrats' share of the vote in their onetime stronghold plummeted 13.6 percentage points, to 30.8%. But despite what the pundits are writing, the poll wasn't necessarily a popular outcry against economic reform. Yes, unemployed and working-class voters deserted the SPD ahead of cuts in jobless benefits. But the pro-reform Green Party and Free Democrats gained ground, while Christian Democratic Saarland Minister-President Peter M??ller -- a noted reformer who has cut bureaucracy and streamlined public education -- expanded his majority in the state Parliament by winning 47.5% of the votes. As further elections approach in Brandenburg and Saxony on Sept. 19, the Saarland vote shows Germans may not be as fearful of change as some pols think.

EDITED BY Edited by Patricia Kranz

blog comments powered by Disqus