duplicity fails on verify of backup

Duplicity version 0.7.16+bzr13 fails on verifying my backup with the following traceback:

Traceback (innermost last):
  File "/usr/bin/duplicity", line 1555, in <module>
    with_tempdir(main)
  File "/usr/bin/duplicity", line 1541, in with_tempdir
    fn()
  File "/usr/bin/duplicity", line 1393, in main
    do_backup(action)
  File "/usr/bin/duplicity", line 1472, in do_backup
    restore(col_stats)
  File "/usr/bin/duplicity", line 728, in restore
    restore_get_patched_rop_iter(col_stats)):
  File "/usr/lib/python2.7/dist-packages/duplicity/patchdir.py", line 558, in Write_ROPaths
    for ropath in rop_iter:
  File "/usr/lib/python2.7/dist-packages/duplicity/patchdir.py", line 521, in integrate_patch_iters
    for patch_seq in collated:
  File "/usr/lib/python2.7/dist-packages/duplicity/patchdir.py", line 389, in yield_tuples
    setrorps(overflow, elems)
  File "/usr/lib/python2.7/dist-packages/duplicity/patchdir.py", line 378, in setrorps
    elems[i] = iter_list[i].next()
  File "/usr/lib/python2.7/dist-packages/duplicity/patchdir.py", line 107, in filter_path_iter
    for path in path_iter:
  File "/usr/lib/python2.7/dist-packages/duplicity/patchdir.py", line 121, in difftar2path_iter
    tarinfo_list = [tar_iter.next()]
  File "/usr/lib/python2.7/dist-packages/duplicity/patchdir.py", line 339, in next
    self.set_tarfile()
  File "/usr/lib/python2.7/dist-packages/duplicity/patchdir.py", line 333, in set_tarfile
    self.current_fp = self.fileobj_iter.next()
  File "/usr/bin/duplicity", line 760, in get_fileobj_iter
    manifest = backup_set.get_manifest()
  File "/usr/lib/python2.7/dist-packages/duplicity/collections.py", line 249, in get_manifest
    return self.get_local_manifest()
  File "/usr/lib/python2.7/dist-packages/duplicity/collections.py", line 227, in get_local_manifest
    return manifest.Manifest().from_string(manifest_buffer)
  File "/usr/lib/python2.7/dist-packages/duplicity/manifest.py", line 188, in from_string
    vi = VolumeInfo().from_string(match.group(1))
  File "/usr/lib/python2.7/dist-packages/duplicity/manifest.py", line 354, in from_string
    linelist = s.strip().split("
")
 MemoryError