Germans may not see tax cut pay benefits until Mar

Newswire

BERLIN, Dec 15 (Reuters) - German consumers may not see the full impact of a tax cut agreed on Monday in their pay until March, finance ministry officials said on Monday.

Speaking on condition of anonymity, the officials said the complicated agreement struck in the early hours between government and opposition officials meant it would take time to re-write the software most firms use for calculating payrolls.

Shares in German retailers fell on Monday on disappointment ...

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