BERLIN - German Chancellor Angela Merkel’s conservatives and the center-left Social Democrats on Sunday broke a deadlock over a higher basic pension for low-income workers, an impasse which had threatened the future of their governing coalition.
The package also includes lower contributions to the public unemployment insurance scheme and the creation of an investment fund to support local high-tech start-ups. The conservatives had agreed to an SPD proposal to introduce a higher basic pension for low-income workers who had been employed for at least 35 years. But some details were left open and talks on finalizing terms had stalled for months.
Dreyer estimated that up to 1.5 million people would benefit from the deal through increased pension entitlements. The planned investment fund will be worth up to 10 billion euros to support cutting-edge technologies in areas such as digitization and climate protection, Kramp-Karrenbauer added. It will be run by the state-owned KfW bank.
With all the news of government crises all over the democratic world, leave it to Germany to have politicians who sit down, hash out the details, and try to find compromises.
“Crushing the rise of socialism” 🤣🤣🤣🤣
Whatever it takes,.....
lol....you know whatever they did will not work
That was this ridiculous coalition thinks... One pension deal and all of a sudden they are liked, appreciated, and named competent! Bullsh....! I hope this disastrous coalition will break as soon as possible, over something else of course.
Bekommen solcher bei uns auch Grundrente? War das der Grund Fr.merkel als ihre Verantwortung durch zu bringen? Ich meine nicht die Frau im Bild/
The German government is a crisis. Period.
I wouldn't be so sure about that. The national party has always been able to hold a majority against the Parliamentary Parliament, they just have a few different parties.
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German coalition parties wrestle over higher basic pensionGerman Chancellor Angela Merkel's conservatives and their center-left coali... Sia chiaro: 'i conservatori hanno concordato di introdurre una pensione di base più elevata per le persone che sono state impiegate per almeno 35 anni' (Non alle sociali, che non hanno versato, come in Italia) i conservatori hanno concordato di introdurre una pensione di base più elevata, o Grundrente, per le persone che sono state impiegate per almeno 35 anni NON per le sociali che non hanno versato contributi adeguati (quelle sono assistenze non pensioni) Compromise has been agreed, the basic pension will be calculated on the applicant's income, not proof of need. My SPD is doing a good job.
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