HomeEconomic IndicatorGermany's Merz: I will prioritise welfare reform over popularity

Germany’s Merz: I will prioritise welfare reform over popularity

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FRANKFURT, Oct ‌13 (Reuters) - German Chancellor Friedrich Merz ​said on Tuesday he was ready to sacrifice ⁠his popularity in opinion polls to push through long-overdue welfare system reforms that ​benefit younger people.

• "I have no intention of becoming ‌the nation's darling. My intention is to set this country on the right course ⁠so that, above all, we ⁠can once again offer the younger generation decent prospects," said Merz, speaking at an employers' association conference.

• Germany's labour minister ‌of the centre-left SPD quit on Monday, adding ⁠to uncertainty around Merz's ‌struggling coalition after bruising ​state election defeats last month and a slide in opinion polls.

• The chancellor ‌also said that the country ​was at ⁠least 30 years late with plans ‌to overhaul the pay-as-you-go ⁠retirement system.

• Merz added that pension contributions to be paid by workers and employers ​would have ‌to rise temporarily to accommodate demographic change.

(Reporting ⁠by Ludwig Burger and ​Emanuele Berro, editing by Matthias Williams ​and Thomas Seythal)

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