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German government plans to cut taxes on gasoline by 17 euro cents per litre, sources say

The German government has agreed to cut taxes on gasoline equivalent to 0.17 euros ($0.195) a litre in response to soaring fuel prices, people with knowledge of the matter said on Friday.The moves will see a 0.14 euro cut in energy tax and an additional 0.03 euro cut in sales tax, the sources, who…

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