Surprise, The German Greens Are Marching With BusinessJack Ewing
For years, German fund managers have lobbied passionately for tax breaks to encourage Germans to invest more of their retirement savings into stocks--a move that could pump up to $10 billion into the country's capital markets. But it seemed a lost cause. The supposedly business-friendly Christian Democrats feared such a move would offend cautious retirees. And the labor-oriented Social Democrats looked upon financial markets with suspicion.
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