-
Workers at Philipp Holzmann have agreed to concessions to help the company get back to work.
BBC: EU to examine Holzmann rescue
-
Robert Holzmann of the World Bank thinks people should be allowed to borrow from such accounts while unemployed.
ECONOMIST: Unemployment
-
And what better time than in the week when Holzmann succumbed and Leo Kirch at last threw in the towel?
ECONOMIST: German companies
-
D-marks to bail out a debt-ridden construction company, Philipp Holzmann, which had been sliding to bankruptcy, appalled the more radical reformers.
ECONOMIST: Are Germany and its leader bouncing back?
-
There are, however, some notorious counter-examples, such as France's 35-hour week or the German government's decision to bail out Philipp Holzmann, a construction firm.
ECONOMIST: Wo ist Goldilocks?
-
European competition commissioner Mario Monti has called on Germany to hold off its rescue plan for construction company Philipp Holzmann until it gets European Union approval.
BBC: EU to examine Holzmann rescue
-
But it did, of course, delight the obstreperous end of the Social Democratic Party and was acclaimed by trade-unionists, who hope that some 60, 000 Holzmann-connected jobs will be saved.
ECONOMIST: Are Germany and its leader bouncing back?
-
Two days before the budget package passed, he had launched a last-minute personal bid to save Philipp Holzmann, a private German construction company, from bankruptcy and the loss of some 60, 000 jobs.
ECONOMIST: Rebirth of a salesman
-
Holzmann had done the trick.
ECONOMIST: Rebirth of a salesman