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A multibillion-euro growth package to boost businesses in Germany, promising tax relief and less bureaucracy, was approved by lawmakers on Friday, but the business community was not impressed with the much-reduced final result. Originally, the law was intended to be a €7 billion ($7.6 billion) per year all-round package for all sectors, providing relief for companies in the economic downturn and incentivizing investment in climate-friendly measures. The law was passed in the lower house, or Bundestag, but the federal states in the upper house, the Bundesrat, balked at it and sent it to a media…

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