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

BERLIN, Sept 18 (Reuters) — 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 spoke on condition of anonymity said. ($1 = 0.8710 euros) (Reporting by Andreas Rinke, writing by James Mackenzie, editing by Chris Reese) ((james.mackenzie@thomsonreuters.com; +49 152 0260 3819)

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