AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

A university researcher has put the cost of German reunification at 1.5 trillion euros (1.82 trillion dollars), 20 percent higher than previous estimates, a report said Sunday.
Klaus Schroeder, a researcher at Berlin's Free University, told the Frankfurter Allgemeine Sonntagszeitung newspaper that the higher figure could be partly attributed to costs such as the 11-billion-euro bill to finance retirements in the former communist east of Germany.
The German government has never given an overall cost of the massive operation of reuniting the former communist east with the west, but the Halle-based IW institute had published the figure of 1.25 trillion last month.
"Every German government has tried to hide the cost of reunification in order to avoid a debate based on jealousy," said the researcher, no relation to Germany's Chancellor Gerhard Schroeder.
But divisions have recently begun surfacing between east and west, with some in the more affluent parts of the country showing open resentment to the billions in "solidarity" payments that have been made to the east since the early 1990s.
Residents of the former communist east, where joblessness is markedly higher than in the western states, are bitter that the government's labour market reforms that will slash unemployment benefits will fall disproportionately on them and are making it a major electoral issue as the anniversary of the fall of the Berlin Wall approaches on November 9.
The ruling Social Democrats (SPD) were expected to punished on Sunday by voters in the eastern states of Brandenburg and Saxony.
An opinion poll in the weekly Spiegel magazine to go on sale on Monday showed that nearly six out of 10 Germans in the former communist east believe that it will take "more than 10 years" for their living conditions to catch up with those in western Germany.

Copyright Agence France-Presse, 2004

Comments

Comments are closed.