,
Monday, November 13th, 1989, p. 2
Dictionary of current words
Welcome Money
The 100 mark payments which
are handed out to visitors from the GDR on their arrival in West
Berlin or the Federal Repulic have been around since 1 September
1987. The so-called "greeting money" is payable once per year; to
control this, a stamp is placed in the visitor's passport. The
cash is disbursed by municipalities, which are later reimbursed
by the federal government. With the big crush, payment has in recent
days also been entrusted to post offices and savings banks.
Until the greeting money was raised to its current level, it had
been thiry marks. Until that time GDR citizens arriving in the
Federal Republic were able to convert 70 marks of their currency
into DM. That was then reduced to 15 Marks. The Federal Government
took to the cause to establish the greeting cash to make accessible
to the visitors at least a certain amount of western
currency.
In the year 1988 approximately 261 million marks in
greeting funds were paid. In the current year's budget, 300 million
marks are earmarked for the payments. After the torrent of
visitors of this weekend, but more because of the number of visitors
still expected, this part of the budget will have to be
drastically increased.
Frederik Ramm, 2001-04-27