Bloomberg News

Germany Writing Six-Point Plan for Europe Growth, Spiegel Says

May 25, 2012

The German government is developing a six-point plan to stimulate economic growth in the euro-area’s crisis-hit states, Der Spiegel reported, without citing anyone.

The plan includes setting up special economic zones with lower tax rates and fewer regulations in peripheral states, creating agencies to sell state assets, and easing labor market restrictions, the magazine said.

To contact the reporter on this story: Jeff Black in Frankfurt at jblack25@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


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