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Germany sees windfall from lower borrowing costs, sources say

Budget debate in the Bundestag in Berlin
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BERLIN (Reuters) - Germany foresees much lower borrowing costs because of record-low yields, and that could create a windfall of roughly 5 billion euros this year, maybe more, three people familiar with Berlin's budget planning told Reuters on Thursday.In its 2019 federal budget, Chancellor Angela Merkel's government has initially earmarked 17.6 billion euros (15.71 billion pounds) for debt..
Date Published: Sep 12, 2019
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