German Chancellor Friedrich Merz: “The Current Welfare State Can No Longer Be Financed”
Chancellor Friedrich Merz declared in Osnabrück that Germany’s welfare system can no longer be sustained by the economy. The comments come amid ongoing debates over the retirement age, pension payments, and the use of German taxpayers’ money for generous financial support to non-German migrants.
German Chancellor Friedrich Merz stated in a speech in Osnabrück on August 23 that “the existing welfare state can no longer be financed from what the economy produces.” His remarks place him in sharp conflict with coalition partners from the SPD, who oppose cuts to benefits.
The speech comes against the backdrop of an ongoing debate in Germany regarding raising the retirement age, pension allowances, and assistance for refugees, and it has sparked concerns of a potential rift within the coalition.
The speech comes against the backdrop of an ongoing debate in Germany regarding raising the retirement age, pension allowances, and assistance for refugees, and it has sparked concerns of a potential rift within the coalition.
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