Ten Euros per Month Paid for Each Child: Germany's Original Plan to Save Its Pension System

In the face of demographic ageing, Berlin proposes an innovative scheme: a state-funded pension savings account from the age of 6. The German government envisages a bold measure to preserve its pension system, threatened by demographic changes. The project, carried by the chancellor, envisages the opening of an individual account for each child between 6 years of age and [...] The article Germany relies on childhood savings to secure its pension…

The new Chancellor Friedrich Merz pleads for a monthly payment of EUR 10 per month for each young German between the ages of 6 and 18.

Analysis: Fierce criticism of Merz's plan - does not solve Germany's problemsTo the tune of "Ode to Joy" from Beethoven's 9th Symphony, Germany's new government has taken office. At least measured by the joy in a