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German Chancellor Olaf Scholz vowed on Wednesday that his government would fight so that young people can count on receiving a “stable” income in retirement as he presented the 2025 budget proposal. “The fact that we want to guarantee a stable pension level in Germany is one of the major plans of this government,” said Scholz during the debate on his coalition’s proposed budget in parliament. Opposition leader Friedrich Merz of the centre-right Christian Democrats (CDU), however, blasted the budget and accused Scholz’s government of damaging the free market. “The social budget is exploding,” M…

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