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German solar incentive cut to be delayed: sources

BERLIN (Reuters) - Plans by Germany to cut solar power subsidies by up to 30 percent will be postponed to April 1 from March 9 and may be watered down for large-scale power plants, according to members of parliament in the centre-right coalition.

BERLIN (Reuters) - Plans by Germany to cut solar power subsidies by up to 30 percent will be postponed to April 1 from March 9 and may be watered down for large-scale power plants, according to members of parliament in the centre-right coalition.

The deputies in Chancellor Angela Merkel's Christian Democrats (CDU), their Bavarian sister party the Christian Social Union (CSU) and the Free Democrats (FDP), junior coalition partners, agreed in a position paper, obtained by Reuters, to delay the cuts by three weeks.

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