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Article: Kohl detects signs of recovery in eastern Germany's economy
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- July 29, 1991
- Author:
CopyrightCopyright (null) The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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BERLIN -- Chancellor Helmut Kohl said yesterday that beleaguered
eastern Germany is breaking out of its economic doldrums and showing
sings of recovery.
But his chief political rival, Social Democrat Bjoern Engholm,
said recovery is at least five years away and suggested that Kohl
ought to resign.
The fracas between Germany's two top politicians comes at a time
when former East Germany has reached a crossroads in its quick shift
to a market economy.
Though economists say industrial production has probably bottomed
out, joblessness is expected to keep climbing.
They are undecided on whether new investments will come fast
enough to head off the continual layoffs at struggling formerly ...