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German gov't: no new borrowing from 2015

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BERLIN (AP) — Germany's Cabinet approved a draft budget proposal Wednesday that foresees the government getting by without new borrowing from 2015 — a plan hailed by the finance minister as a "strong signal" for the rest of the Europe that comes as the country prepares for elections in September. The draft foresees what the government says is a structurally balanced budget next year,...