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Sunday, July 21, 2013

Rival accuses Germany's Merkel of deceit over euro zone bailouts

German Chancellor Merkel gestures during a news conference at Bundespressekonferenz in BerlinBERLIN (Reuters) - Germany's main opposition leader Peer Steinbrueck accused Chancellor Angela Merkel of covering up the likelihood that German taxpayers will have to fund further euro zone bailouts due to a looming election. Steinbrueck, who is lagging Merkel in the run-up to the September 22 vote, was quoted by a German magazine on Saturday as saying a fresh writedown on Greek debt would mean losses for public creditors, in other words taxpayers. ...



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