Seriously...

Welcome Money

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Sinopsis

Between the fall of the Berlin Wall on 9 November 1989 and the policy's hastily enforced end on 29 December 1989, East German citizens claimed an estimated four billion Deutschmarks in so-called ‘Begrüßungsgeld’ or ‘welcome money’ from the West German authorities. Tens of thousands stood in line at banks and town halls up and down West Germany, waiting to collect their state-sanctioned gift of 100DM (around €80 today). For most East Germans, shortages of basic goods were a fact of daily life and luxuries were all but non-existent, this modest windfall represented the first true spending money that they had ever possessed, and in spending it they would have their first encounters with modern-day capitalism and consumerism. In this programme, journalist and teutonophile Malcolm Jack heads to Berlin to find out what East Germans bought with their Begrüßungsgeld and, 30 years on, what became of those purchases. In Berlin, Malcolm meets Jens ‘Tasso’ Muller from Saxony, who, on his first trip west, travelled with