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Saturday 26 May RNW - NEWS AND ANALYSIS FROM THE NETHERLANDS IN 10 LANGUAGES, WORLDWIDE 24/7 ON RADIO, TV AND ONLINE
Steve 9 June 2009 - 4:53pm
This is good to see. The EU (Germany in particular) helped the old regime stay afloat for years by providing them with higher and higher denominated currency. This allowed Mugabe to finance all his government expenditures with inflation, eventually leading to hyperinflation to an extent the world has never seen. Where did the previous Zimbabwe government get the foreign funds to pay for this hard currency...they "borrowed" it from foreign aid accounts held in the country. This not only reduced funds available to help the recipiants of foreign aid, but caused the Zimbabwe dollar to become worthless. I applaud the Dutch decision to feel out this new government before they throw money at it.

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