Germany stimulus boost unlikely to affect NRW borrowing needs

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Germany stimulus boost unlikely to affect NRW borrowing needs

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A German flag flies next to the TV Tower in Berlin, Germany, 15 July 2011. Photo: Berliner Verlag/S.Steinach | Berliner Verlag/Archiv/DPA/PA Images

Germany is set to announce extra fiscal stimulus next week, a portion of which will be dealt with at regional level. But one state treasury official does not believe it will affect his Land's borrowing programme.

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