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German Economy Minister backs fuel VAT cut, rejects fuel price cap

  • Germany’s Economy Minister said it would be sensible to reduce VAT on fuel from 19% to 7%.
  • He said a fuel price cap would be the wrong approach.

Source: newsquawk.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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