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German lawmakers okay pension reform |
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January 27, 2001
The reform trims benefits and would have the government promote private retirement savings for the first time, aiming to keep a 19th-century pillar of Germany's generous social welfare system solvent as the population ages. Labor Minister Walter Riester, the architect of the plan, called it the ``largest social reform in the postwar era.'' Opposition leader Angela Merkel raised the most emotions during Friday's debate when she expressed regret for the poster — but stopped short of the direct apology demanded by Schroeder's Social Democrats. ``We didn't want to criminalize the chancellor, but in effect that happened,'' said the leader of the center-right Christian Democrats. ``I regret that it could have been understood that way.'' The picture — showing Schroeder in two profiles and from the front in black and white — hadn't even been posted anywhere before drawing fire even from inside Merkel's party. The opposition scrapped the poster Wednesday, a day after unveiling it. Riester refused to accept Merkel's statement and accused her party of using politics for ``defamation.'' Schroeder taunted the opposition for his government's progress towards pension reform where earlier conservative administrations had failed. |