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Germany’s Free Democrats Abandon Tax-Cut Policy, Die Welt Says

The Free Democratic Party, the coalition partner of German Chancellor Angela Merkel’s Christian Democrats, has abandoned a call for tax cuts, Die Welt reported, citing a policy statement.

The statement refers to avoiding tax increases, the newspaper said, adding that emphasis is placed on growth and spending discipline.

To contact the reporter on this story: Sheenagh Matthews in Frankfurt at smatthews6@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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