Frugality - a German virtue? | Made in Germany
June 28, 2012
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2:17Now PlayingFrugality - a German virtue? | Made in Germany
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as posted by the channelThe German government is facing worldwide criticism for scrimping when it comes to rescuing the euro - but counters that it is unwilling to throw good money after bad. Germany says all countries should introduce compulsory budget discipline and, until that happens, it rejects the idea of eurobonds to communitize future borrowing. Is this stance based on a German principle?
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