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"Ruined" Germany on new collision course with Brussels

For the first time, German finance minister Hans Eichel admitted yesterday (23 October) that his country would break the EU's economic rules for a third year in a row.

The EU's stability and growth pact forbids euro zone countries - the twelve countries that share the euro - to have a budget deficit of more than three percent of GDP.

But Mr Eichel admitted yeste...

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