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Germany's savers open their wallets a little

Retail sales is rising, thanks to lowest jobless rate since reunification and oil price drop

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Germans' willingness to spend is at the highest level since 2006 as they shift slowly away from their long-held preference to squirrel away their money.

Berlin

GERMANY'S record low unemployment is persuading Europe's nation of savers to open their wallets and live a little.

Take Olaf Heintze, who splashed some of his engineer's salary on a bottle of Scotch whisky he tried at a recent tasting. At 65 euros (S$96), it wasn't exactly...

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