German cuts raise concern

IN THE space of just a few weeks Germany has gone from government cash splurging to fiscal austerity, with prestigious projects such as a replica royal palace in Berlin now facing the chopping block.

IN THE space of just a few weeks Germany has gone from government cash splurging to fiscal austerity, with prestigious projects such as a replica royal palace in Berlin now facing the chopping block.

The dismay has been tangible among Germany's foreign friends, who worry that the cuts in government spending will choke off the weak economic recovery in the eurozone. - Sapa-dpa

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