A campaign to cut red tape for German businesses, municipalities and citizens will pick up speed after the Cabinet agreed on Wednesday to a draft law aimed at tackling the country’s notorious thicket of bureaucracy, Chancellor Olaf Scholz promised. Its main features include shorter retention periods for selected company documents, an end to some reporting obligations for overnight stays in hotels, and replacing government forms that currently require a handwritten signature with emails and mobile messages. Scholz said Europe’s largest economy had to do more to simplify processes and move to mo…