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No pain, no gain

16 December 2002 By Paul Raynes

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No pain, no gain

16 December 2002 By Paul Raynes

In the long run, a home market of getting on for 500 million people must be good news for Europe’s largest economy. But enlargement comes at just the wrong moment for a Germany teetering on the brink of deflation and fiscally overburdened.

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