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Germany Cuts Energy Tax to Lower Petrol Prices

Fuel for Thought: Germany's Gamble on Gas Prices The German government has decided to slash energy taxes, lowering petrol prices by 17 cents a liter.

This move is being touted as a last ditch effort to boost Chancellor Friedrich Merz's flagging approval ratings ahead of crucial state elections.

On its surface, the measure appears to be a classic case of politics as usual: throwing cash at the problem in the hopes it sticks and voters forget about underlying issues.

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