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Germany

“A First-Class Passenger On The Titanic?” Reverberations Of Germany's Bond Flop

Germany had been seen as a healthy heart in the troubled body of the euro zone. But when not enough buyers lined up for its 6 billion euro debt auction, it was seen as yet another sign that the single-currency union is facing a fight for its survival.

Frankfurt's financial center (frankartculinary)
Frankfurt's financial center (frankartculinary)
J. Dams, F. Eder and H. Zschäpitz

BERLIN - The European debt crisis is gnawing its way into the heart of the currency union. After recent failures of other euro-zone countries' bonds to interest investors, it was now time for a flop from Germany, which until now has been seen as the euro zone's anchor of stability.

At its auction of 10-year government bonds, the German Finance Agency didn't get enough buyers for its 6 billion euro volume. There were bids for 3.889 billion euros only, which left the federal government sitting on 2.1 billion.

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Coronavirus

The Main COVID Risk Now: Long COVID

Death rates are down, masks are off, but many who have been infected by COVID have still not recovered. Long COVID continues to be hard to diagnose and treatments are still in the developmental stage.

Long COVID feels like a never-ending nightmare for those who suffer from it.

Jessica Berthereau

PARIS — The medical examination took longer than expected in the Parc de Castelnau-le-Lez clinic, near the southern French city of Montpellier. Jocelyne had come to see a specialist for long COVID-19, and exits the appointment slowly with help from her son. The meeting lasted more than an hour, twice as long as planned.

“I’m a fighter, you know, I’ve done a lot of things in my life, I’ve been around the world twice… I’m not saying this to brag, but to tell you my background," says the 40-year-old. "These days, I’m exhausted, I’m not hungry, I no longer drive, I can’t work anymore, I have restless legs syndrome.” She pauses before adding sadly: “I can’t read anymore either.”

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