"A row over pension reform is threatening the future of the German coalition government, with a youth wing of the conservatives of chancellor Friedrich Merz gaining support for an attempt to block legislation which they argue will leave younger Germans carrying the can for the older generation. An 18-strong group of young MPs, the Junge Union, has been accused of holding Merz's coalition government to ransom over its demands to revise proposed pension reforms, which would guarantee pension increases for the next six years."
"Merz, who has a slim majority of just 12 in the 630-seat Bundestag faces potential stalemate ahead of the vote due in December. Volkmann, who has become a mouthpiece not just for the group but for a growing number of disgruntled conservative voters, has said Merz's proposals to guarantee current pension levels would lead to additional costs of around 120bn until 2040, which will have to be carried by my generation this is simply fiscally unsustainable."
A row over pension reform threatens the stability of the German coalition as a youth wing of the conservative party seeks to block guaranteed pension increases. An 18-strong Junge Union group demands revisions, arguing the package will burden younger generations with long-term costs. Johannes Volkmann, a 28-year-old MP, warns of additional costs of roughly €120bn to 2040 that younger people would carry. Chancellor Friedrich Merz holds a slim majority of 12 in the 630-seat Bundestag and faces a potential stalemate ahead of a December vote. Other rebels, including older MPs, could increase dissent to 40–50 members.
Read at www.theguardian.com
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