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Coalition Agrees to Raise East German Pensions

Germany's ruling coalition agreed on Thursday to gradually raise state-backed pensions of those from the former Communist east to match western German levels from 2018 through 2025, a memorandum about the meeting showed. The agreement was reached during a late-night meeting of leaders of Chancellor Angela Merkel's conservative Christian Democrats (CDU), their CSU Bavarian sister party, and the Social Democrats (SPD), the junior party in the coalition. The pension deal comes as...

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