Flood costs will not materially affect German financial plans -…

BERLIN, July 21 (Reuters) – Germany will be able to bear the cost of the floods that hit western regions last week and the burden will not require drastic changes to the country’s financial planning, Finance Minister Olaf Scholz said on Wednesday. (Reporting by Kirsti Knolle Writing by Riham Alkousaa Editing by Madeline Chambers)

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