www.bloomberg.com
German Chancellor Friedrich Merz’s government narrowly averted a crisis by passing its controversial pension bill in parliament. Failure to secure passage could have potentially toppled the seven-month-old coalition. This victory is significant, representing a crucial win for Merz and stabilizing his fragile government amidst ongoing political tensions surrounding the proposed pension reforms. The successful vote demonstrates the coalition’s ability to unite, albeit narrowly, on critical legislation, buying them crucial political capital.
