Word: sseldorf
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...while someone passes through. Eating out is a luxury reserved for special occasions. In the end, judgments about the relative wealth of Europeans and Americans turn on one's definition of prosperity. "I have less than if I worked in America," concedes Hans-Heinrich Bittmann, a Düsseldorf advertising executive. "But," he argues, "I live better. More modestly, perhaps, but with less stress and more time for my family and myself...
This year Germany's 110 U.S. car dealers expect to sell about 20,000 imports from America, more than in the previous eight years all together. Auto-Becker of Düsseldorf, the country's largest U.S. dealer, is spending $6 million to expand its showroom and hopes to sell 2,000 cars, up from 850 in 1978 and only 250 in 1977. "It is the In thing to own an American-made car now," explains Helmut Becker, sales manager for the firm. Adds Peter Baumgarten, a GM salesman in Munich: "West German prosperity has increased the size...
DIED. Ernst Wolf Mommsen, 68, West German industrialist and former aide to Chancellor Helmut Schmidt; of a heart attack; in Düsseldorf. A successful 25-year veteran of the Ruhr steel business, Mommsen in 1970 joined then Defense Minister Schmidt as his state secretary, with a salary of 1 DM (54?) a year, and two years later followed Schmidt to the Department of Economics and Finance. Mommsen was appointed in 1973 chairman of the board of Krupp, West Germany's faltering industrial colossus, and oversaw its two most profitable postwar years before retiring...
...center of this great dig out, which has attracted the interest of both industrialists and environmentalists around the world, is a 1,000-sq.-mi. area bounded by the industrial cities of Düsseldorf, Aachen and Cologne. Known as the Brown Coal Triangle, it contains an estimated 50 billion tons of lignite, enough to meet West Germany's energy needs for 350 years. Unfortunately for the villagers who sit atop this fossil fuel bonanza, much of it lies just below the surface; it can only be recovered by open-pit or strip mining, which requires relocating the people...
...upward momentum of its own, and will not until Carter can convince the hard-bitten cynics of the exchange markets that the U.S. is prepared to follow a tough anti-inflation policy as long as may be necessary. Said Walter Seipp, vice president of the Westdeutsche Landesbank in Düsseldorf: "Everything depends on whether the U.S. Government will succeed with its very tight money policy in reducing the American inflation rate and improving its trade balance...