Budget compromise sought by Schmidt
West German Chancellor Helmut Schmidt put proposals to his Cabinet for compromise on the 1983 budget, on which the future of his left-liberal coalition depends.Skip to next paragraph
Subscribe Today to the Monitor
Failure of his Social Democratic Party to agree with the Free Democratic Party on a budget could end their 13-year alliance and bring down the coalition. Political sources said wide differences remain over state borrowing, welfare cuts, and measures to combat unemployment.