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NRIOL.COM - Snippets


March 05, 2003

Germany to stop issuing green cards

The German government has decided to stop issuing green cards to information technology professionals from July 31, 2003 according to Indian media reports. This will definitely be a blow to Indian Information Technology companies with operations in Germany.

The Green card programme was initiated by the Schroeder government in 2000. It was originally intended to last for two years but was later extended by a year till July 31, 2003. The decision not to continue this programme was expected considering the current downturn in Germany's IT sector.

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