• Germany edition
Business & Money
Photo: DPA

German sex industry calls for state aid

Published: 16 Jan 09 15:12 CET
Online: http://www.thelocal.de/money/20090116-16823.html

German sex shop owners and erotic film makers, badly hit by the economic crisis, are pushing for state aid that has also been requested by their US peers, the Westdeutsche Allgemeine Zeitung reported on Friday.


"Economic aid would be judicious," erotic trade federation official Uwe Kaltenberg told the WAZ.

The German erotic sector comprises mainly small and medium-sized outfits that could use financial aid for things such as continuing education for employees, he said. However, the sex industry official held few illusions regarding the chances of getting Berlin to lend a hand.

"The rescue of Opel is a better draw during an election than support for the small and medium sized companies in our sector," Kaltenberg acknowledged in reference to the German automaker and Germany's upcoming general election scheduled in September.

Germany's erotic industry, which includes the nationwide chain Beate Uhse, has suffered heavily from downloading of X-rated videos from the Internet, and the call by Kaltenberg follows one by two leading figures in the US sex sector.

Earlier this month, Larry Flynt and Joe Francis called upon the US congress to approve an economic support package worth $5 billion (€3.8 billion).

Flynt and "Girls Gone Wild" video series creator Francis asked the newly convened Congress "to rejuvenate the sexual appetite of America."

AFP/The Local (news@thelocal.de)

Fark It! Digg This  Share everywhere
Send to a friend Printable version Twitter This
Business & Money headlines
Photo: DPA

Industrial orders rise amid eurozone gloom

Germany, the eurozone's biggest economy, saw the release of further favourable economic data on Monday with industrial orders in December partly reversing steep falls seen the previous month. READ »

Photo: DPA

China offers Merkel some comfort for Europe

China's Premier Wen Jiabao said a stable Europe was key to stability at home, in comments published Sunday, at the end of a week that saw Germany's chancellor visit Beijing. READ (6 COMMENTS) »

Photo: DPA

China doesn't want to 'buy Europe'

As German Chancellor Angela Merkel wrapped up her visit to China on Friday, the Asian giant’s leaders promised they had no intention to "buy Europe," amid concerns over growing Chinese investment in debt-stricken eurozone economies. READ (6 COMMENTS) »

Photo: DPA

Deutsche Bank profits fall as debt crisis bites

Deutsche Bank, Germany's biggest bank reported Thursday a bigger-than-expected drop in earnings at the end of last year as the eurozone sovereign debt crisis hurt business. READ »

Photo: DPA

Euro crisis, earthquakes slam Munich Re profits

Munich Re, the world's biggest reinsurer, said Thursday that profits plummeted last year due to heavy losses from both the eurozone debt crisis and a string of natural catastrophes. READ »

Photo: DPA

Will Bionade fizz go flat after Dr Oetker takeover?

Trendy German soft drink maker Bionade could lose its cult cachet after being bought out by un-hip food giant Dr Oetker, a firm best known for cake mixes and frozen pizzas. READ (1 COMMENT) »

Photo: DPA

EU blocks Deutsche Börse merger with NYSE

Deutsche Börse, which runs the Frankfurt stock market, said Wednesday that the EU Commission in Brussels had told it that its planned merger with NYSE Euronext has been blocked. READ »

Photo: DPA

ThyssenKrupp sells stainless steel business

German industrial giant ThyssenKrupp said Tuesday it has agreed to sell its stainless steel unit Inoxum to Finnish group Outokumpu in a deal which valued the business at €2.7 billion ($3.6 billion). READ (1 COMMENT) »

Photo: DPA

Robust economy leaves long-term jobless behind

Long-term unemployed people are still having difficulty finding a job despite Germany’s robust economy in recent years, according to a media report on Tuesday. READ (2 COMMENTS) »

Photo: DPA

China's Sany to buy Putzmeister

Putzmeister, a German family-owned engineering firm, is to being taken over by Chinese construction equipment giant Sany Heavy Industry, the German company said on Monday. READ (7 COMMENTS) »

More Business & Money

See all ads | Join the Marketplace

Jobs in Germany, in English

929 jobs available
667 new jobs this week
0 new jobs today

ALL JOBS »

Latest Business & Money news from Sweden
News from the Goethe-Institut
News from DeutschlandOnline

Toytown Germany
Germany's English-speaking crowd
English-speaking educators (native level)

Hotel reservations in Berlin
Visiting Berlin anytime soon? Book your hotel in Berlin here.
Rental apartments in Berlin
For home-from-home holiday accommodation, search for a Berlin apartment to rent.
Trade CFDs with InterTrader.com
Start trading shares, equities, forex, etc. No commission on equities; Low min. margins. Apply for a CFDs account now!