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Germans would buy furniture with consumer vouchers

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Germans would buy furniture with consumer vouchers
Photo: DPA
08:56 CET+01:00
If the German government distributed consumer vouchers as part of its plan to stimulate the economy, most people would buy furniture or a new washing machine, according to a poll published by newsmagazine Stern on Wednesday.

More than 50 percent of those polled said they would invest such a voucher in home decorating. Meanwhile 37 percent would renovate their homes. Another 31 percent would spend the money on a new wardrobe or travel. New media products were also popular, with 23 percent of those polled eager to update their entertainment systems. Vanity also made a good showing, with nine percent saying they would buy cosmetics with the extra cash.

There was Speculation in November that the German government was considering giving the country's consumers €500 vouchers, but so far officials have denied they are planning any such measures.

In the wake of the global financial crisis, the German government has cut taxes and announced infrastructure spending worth more than €32 billion to jumpstart its economy, but is still under pressure to do more.

However, even though most people would welcome extra cash, a poll by Sunday paper Bild am Sonntag found that some 78 percent of the population finds the idea of a voucher senseless for the economy.

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