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Germany President to stay despite loan criticism

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Germany President to stay despite loan criticism
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Germany’s President Christian Wulff has refused to resign over a questionable loan he took out whilst governor of Lower Saxony in 2008.

Wulff, a close ally German Chancellor Angela Merkel, borrowed 500,000 euros from the wife of a wealthy businessman, and failed to disclose the information when questioned by the state’s parliament.

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