Cryptic crossword clue
Wasting shillings when in France, Ireland and German capital 11

The most common and most likely answer to this crossword clue is the 11 letter word SQUANDERING

I've seen this crossword clue in Independent
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The straight part
We know that "Wasting" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case wasting = squandering.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does SQUANDERING mean?

SQUANDERING verb
  1. To waste, lavish, splurge; to spend lavishly or profusely; to dissipate.
  2. To scatter; to disperse.
  3. To wander at random; to scatter.
SQUANDERING noun
  1. The act by which something is squandered; wastage.

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