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November 04, 2007 Sunday Shawwal 22, 1428





Spending restrictions


BERLIN, Nov 3: Germany’s Finance Minister Peer Steinbruck warned against going back on tough spending restrictions, which have helped re-launch the economy, ahead of a crunch meeting of the ruling coalition on Sunday.

“This will not work with me,” Steinbruck said, in an interview published Saturday, of the growing pressure within his centre-left Social Democratic Party (SPD) for bigger social benefits.—AFP






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