Gerhard Merz Battles Pension Reform Crisis Amid Coalition Strains
German Chancellor Friedrich Merz's government faces challenges with a proposed pension reform, causing tensions within his coalition. The bill aims to maintain pension levels while urging longer working life. The young conservative wing opposes it, risking government stability just months into its tenure.
Tensions are mounting within German Chancellor Friedrich Merz's coalition as they prepare to navigate a crucial pension reform bill poised for passage next week.
Conceived to maintain pension levels through incentivizing prolonged employment, the reform has met resistance from the conservative youth wing, threatening government stability.
Merz remains optimistic about the bill's approval, following a coalition agreement for broader reforms next year. This comes as European nations grapple with pension challenges amid aging populations and fiscal constraints.
(With inputs from agencies.)
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