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German Economists Oppose Restaurant Tax Cuts
The article discussed the call by the German Council of Economic Experts, led by Monica Schnitzer, to reverse the value-added tax reduction for the restaurant sector that has been in place since the beginning of the year, which costs approximately 3.4 billion euros annually. It pointed out that the main beneficiaries of this support are the major restaurant chains and that it does not contribute to saving rural restaurants as promised. The article also addressed the deterioration of the sector's situation due to increasing bankruptcy cases and emphasized the need to review government support directed at economic sectors, highlighting the importance of investing in infrastructure and future technologies to face economic challenges.
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