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Euro-crisis: Germany liable for €1bn

16.08.12 @ 09:47

  1. By EUOBSERVER

The German government underestimates the risks of the euro-crisis, which will be more expensive than admitted, according to the opposition SPD party's budget spokesman, Carsten Schneider. "In reality we are since long in the debt-union", he told Berliner Zeitung, and estimated the country already has liabilities of €1 billion.

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