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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

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.


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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