Pension

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Federal Social Affairs Minister Bärbel Bas has called for a structural reform of the pension system and criticized ideas from her coalition partner. She expects bold proposals from the new pension commission. Additionally, she does not see herself as the SPD's chancellor candidate.

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The German economy has massively lost competitiveness. In an RND interview, KfW chief economist Dirk Schumacher explains the role of the new rival China and how a pension reform can help overcome the crisis.

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