Management and Organizational Studies 2275A/B Lecture Notes - Lecture 3: The Seller, Estoppel, Post Box
Document Summary
Current president wins by a landslide gaining 43% of popular votes. In return, enormous austerity was put in place, such as firing public servants, raise taxes, raise retirement age, etc. For this reason, the greek politicians must walk a fine line. At the same time, germans are becoming tired of giving cash to other countries that have not done their job. On the other hand, they will also be hurt, as loaners of the money in the first place. President must walk a fine line between not giving support (destruction of the eu) and otherwise (losing job) This election is therefore seen as a sense of stability and security in germany. However, the party that the president has been forming coalition with has been destroyed, and for the president"s party to be able to pass anything, they need a coalition with a leftist party. Expect news on how far the president will have to compromise to have a coalition.