If I remember correctly, this js also why DB is in such a shit condition, it needs a LOT of investment, but the government couldn’t raise debt to pay it off over time.
Always have been, DB is technically a for profit open capital company, but 100% of its shares are owned by the government (thats why its called Deutsche Bahn A.G., the ag stands for “share company”). It used to be a normal governmental body but was made that to privatize it later, something that never happened. Most Germans I know would rather take DB back than privatize it.
If I remember correctly, this js also why DB is in such a shit condition, it needs a LOT of investment, but the government couldn’t raise debt to pay it off over time.
were there people advocating for privatizing DB?
Always have been, DB is technically a for profit open capital company, but 100% of its shares are owned by the government (thats why its called Deutsche Bahn A.G., the ag stands for “share company”). It used to be a normal governmental body but was made that to privatize it later, something that never happened. Most Germans I know would rather take DB back than privatize it.
Gasherd Schröder serving Putin proudly