Germany waters down tax on sweet drinks, exempts small producers

The German government on Wednesday ​diluted a planned sugary-drink ​tax and proposed exemptions ‌for small ​manufacturers, easing a coalition dispute that had held up the bill. Under the new proposal, ‌which the cabinet passed on Wednesday and will submit to parliament, there will be two tax brackets instead of the three previously planned.

($1 = €0.8933)