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BREAKING NEWS

BREAKING NEWS

Municipal Money Mess puts Towns in Trouble

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Municipal Money Mess puts Towns in Trouble
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It is not just banks and business being hit by the world financial crisis. Towns and cities in Europe are seeing their budgets strangled as tax revenues tumble. Once one of the richest places, Wuppertal in Germany is now on its uppers, hoping to benefit from Berlin’s multi-billion-euro recession rescue package.