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Germany reportedly intends to add €6B of cuts to an existing austerity program in order to...

  • Friday, January 4, 3:41 AM ET
    Germany reportedly intends to add €6B of cuts to an existing austerity program in order to balance its budget by 2014, two years ahead of a previous target. Under its 2013 budget, the government plans to cut new net borrowing to €17.1B from over €28B in 2012.
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