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8/9/09

EU - Recession kills retired homeowners in Germany

EU-Digest

EU - Recession kills homeowners in Germany

A 75 year old man and his 67 year old wife blew up their home and themselves with explosives in the small South German town of Inzell, after they could not meet monthly mortgage payments and the bank foreclosed on their property. The explosion and the fire which followed completely destroyed the property.

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