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Category World

World news on politics, society, conflicts, economy and human rights from an international perspective.

Germany’s Pension Reform: Cost Cap Sparks Fierce Debate

Germany’s Pension Reform: Cost Cap Sparks Fierce Debate

Germany's pension reform is sparking fierce debate over a proposed 1.5% cost cap, with banks calling it unnecessary while consumer advocates warn it could slash retirement savings by half. The clash highlights a fundamental divide: should market competition or strict regulation protect future retirees' nest eggs?