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East German States Spend More Efficiently Than West, Welt Says

June 27 (Bloomberg) -- East German federal states spend taxes in a more transparent and efficient way than their peers in the west, holding public tenders a lot more often which increases competition, Die Welt reports, citing a study by German Tender Agency DTAD commissioned by the newspaper.

Brandenburg leads the ranking with 2,038 tenders for each 1 billion euros spent while the city of Hamburg ranks worst holding 477 public tenders for that amount, Die Welt said, citing the study.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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