- 19 May 2003 20:12
#11830
I don't know how up to date you guys are with European politics but eh:
Why not I say?
Schroeder 'threatens to quit'
From Stephanie Halasz
CNN Berlin Bureau Chief
Monday, May 19, 2003 Posted: 12:32 PM EDT (1632 GMT)
Sources said Schroeder made the threat during a party executive committee meeting.
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BERLIN, Germany (CNN) -- Chancellor Gerhard Schroeder threatened Monday to resign if dissident members of his own party try to block his plans to trim Germany's generous social and economic benefits, party sources told CNN.
Schroeder made the threat over his "Agenda 2010" program during a meeting of the Social Democratic Party's executive committee, the sources said.
The program would enact a number of reforms that would cut health and pension levies on German firms.
The reforms also would lift many requirements on smaller firms, allowing them to more easily hire and fire workers.
Schroeder has said the reforms are needed to revitalize Germany's economy, but powerful trade unions and leftist members of the chancellor's party oppose his plans.
Why not I say?