Germany Opts for Targeted Electricity Tax Cuts, Prioritizing Fiscal Discipline
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币界网报道：Germany has introduced targeted electricity tax cuts for energy-intensive industries while maintaining fiscal discipline, avoiding broad subsidies. The measures aim to support sectors like chemicals and steel facing high power costs, with tax reductions of up to 90% for eligible companies. Economy Minister Robert Habeck emphasized the need to balance industrial competitiveness with budget constraints, noting the plan aligns with EU state aid rules. Critics argue the selective approach may leave smaller firms at a disadvantage. The move comes as Germany seeks to stabilize its industrial base amid global energy market volatility.
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