Germany Proposes €10 Billion Plan to Win Deal on Pension Bill

CSU Chairman Markus Soeder, Friedrich Merz and Lars Klingbeil, left to right, brief media on the results of the coalition committee consultations, in Berlin.Photographer: Tobias Schwarz/AFP/Getty Images

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November 28, 2025 at 11:36 AM UTC

Germany’s ruling coalition agreed on measures including €10 billion ($11.6 billion) in subsidies for the pension system in an effort to win support for its reform bill in parliament next week.

Speaking to reporters following a latest round of coalition talks overnight in Berlin, Chancellor Friedrich Merz said he expects a group of young conservative lawmakers who had threatened to block the measures will now back the bill.