German Parties Clash on Spending as They Agree on Minimum Wage
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Chancellor Angela Merkel and the Social Democrats reached agreement on a nationwide minimum wage and pension increases amid discord on capping increased state spending.
SPD parliamentary group spokesman Hannes Schwarz said a minimum wage and retirement benefits had been agreed upon as Merkel, who defeated the SPD in elections on Sept. 22, met Social Democrat leaders with the goal of presenting a coalition deal later today.