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MORE: Merkel to Propose Common EU Budget at October Summi

Sept. 29 (Bloomberg) -- Plan would replace EU infrastructure subsidies with common EU budget to enable aid to stricken euro-area member states, Die Welt reported, citing unnamed EU sources. * MORE: German Finance Ministry spokesman Martin Kotthaus declined to comment on the report. “Intensive discussions are going on. There are many ideas being discussed,” he said.

To contact the reporter on this story: Jeff Black in Frankfurt at

To contact the editor responsible for this story: Craig Stirling at

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