Germany’s Pension Reform Exposes Merkel’s Successor’s Fragile Grip on Power

Germany’s Bundestag recently approved a contentious pension reform package that shines a glaring light on Chancellor Friedrich Merz’s fragile hold over his own party and coalition. The 319-225 vote wasn’t just a legislative milestone—it was a display of internal discord that threatens Germany’s economic stability and its position as a key player on the world stage. Why Does Germany's Political Turmoil Matter to America? As the world’s largest economy outside the U.S., Germany’s fiscal health directly impacts global markets, supply chains, and transatlantic alliances. The pension reform aims to keep state pensions at 48% of average wages until 2031, promising...