Event Brief
Germany slashes welfare state to fund rearmament
Filed: Apr 28, 2026 at 1:03 PM ET
Summary: Merz said Germany will reform the state pension into basic cover for old age and reduce it to fund rearmament.
WHO: Merz
WHAT: Germany plans welfare-state and pension reforms to help fund rearmament.
WHEN: Apr 28, 2026 at 12:28 PM ET
WHERE: Germany
WHY: To fund rearmament.
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