German village asks Berlin to repay 450-year-old debt

07/19/2012 | Christian Science Monitor, The

A village in eastern Germany says it is owed millions of dollars on a loan given to Berlin in 1562. The town of Mittenwalde, population 8,800, loaned the modern-day capital 400 guilders at 6% interest, which would be worth about $136.79 million now. The note was recently found in the town's archives.

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Christian Science Monitor, The

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