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I'm not targeting Germany here, I believe there's no good guy in this domain. These secret agencies will always spy no matter what the law says.
I would point out that the laws in Germany provide means to protect companies (in Germany) from disclosing personal information to the intelligence agencies there. While the BND may be spying on France for the NSA, that doesn't mean they'd be as ready or able to do that to German company. Not saying they would or wouldn't, just that it's a different scenario, and one we can't predict until we have more information.