World News: 18:06 GMT Sunday 10th November 2019. [Yahoo Business News Feed via SPi World News]
Germany's governing parties agreed Sunday to reform the country's pension system, setting aside an ideological dispute that had threatened to unravel the coalition government. Annegret Kramp-Karrenbauer, the head of German Chancellor Angela Merkel's center-right Christian Democratic Union, said that the parties had found common ground 'after long negotiations' on the question of topping up the pensions of low-paid people who have worked for at least 35 years. Malu Dreyer, interim leader of the center-left Social Democrats, said the agreement would benefit up to 1.5 million retirees, mostly women.
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