German Financial Times closes after huge losses

euronews (in English)
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German business newspaper the Financial Times Deutschland is to close after piling up 250 million euros of losses during its 12 years on the news stand.

The paper published in the same pink colour as its British counterpart has a circualtion of 100,000, but never made a profit.

As many as 330 people are set to loose their jobs.
http://www.euronews.net/

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