Is Germany really ready for full-blooded capitalism? That was the theme of the first Euromoney German Capital Markets Forum, which saw a lively debate on how Germany will finance itself in the future.
Finance minister Hans Eichel opened the two-day forum, held in Berlin at the end of April. Having cut corporate income tax from 25% to 19%, Eichel stressed that Germany now had to extend its tax base to avoid taking on too much new debt.
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