Business attacks Merkel pension plan

Article reports that German business representative organisations, BDA and BDI, criticised the German government’s 'populist' decision, April 2008, to raise pensions later in 2008, warning the move would undermine economic reforms and increase industry costs. However, the pensioner lobby group, DPWV, said the rise was not enough.

Deutsche Welle, 8.4.08: German Pension Hike Draws Criticism http://www.dw-world.de/dw/article/0,2144,3253708,00.html

Deutsche Welle, 11.4.08: Former President: Germany Turning Into Pensioner Democracy http://www.dw-world.de/dw/article/0,2144,3259871,00.html

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